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Team TISI Heat-Treating — Revenue

Other product segments

Non-Destructive Evaluation and Testing Services
$104.08M+10.0%
Repair and Maintenance Services
$90.44M+7.8%
Other
$3.87M+8.6%

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ASYSThermal Processing Solutions — Revenue (Gross)
$14.74M+39.3%

Other financials

Income statement

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Revenue$215.1M+8.3%
Gross profit$53.1M+12.4%
Operating income-$3.4M+43.8%
Net income-$11.3M+61.9%
EPS (diluted)-$3.12+52.8%

Balance sheet

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Cash & equivalents$12.8M-23.6%
Total debt$369.9M-9.3%
Total equity-$39.4M-51.8%
Total assets$479.4M-6.9%

Cash flow

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Operating cash flow-$9.1M+68.3%
CapEx$2.4M+72.4%
Free cash flow-$11.5M+61.7%

Valuation

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Market cap$78.99M-2.1%
Enterprise value$436.07M-10.6%
P/S0.1×0.0×

Profitability

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Gross margin26%0.0pp
Operating margin1.8%+0.6pp
Net margin-3.4%-1.0pp
FCF margin-1.5%

Returns & leverage

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Return on equity-161.7%+470pp
Debt / equity218.7×+211×
Current ratio2.2×+0.3×

Where this comes from

Reported directly by Team in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Team’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Team's heat-treating — revenue?
Team (TISI) reported heat-treating — revenue of $16.67M in Q1 2026.
How has Team's heat-treating — revenue changed year-over-year?
Team's heat-treating — revenue increased by 0.7% year-over-year, from $16.56M to $16.67M.
What is the long-term trend for Team's heat-treating — revenue?
Over 4 years (2021 to 2025), Team's heat-treating — revenue has grown at a 3.2% compound annual growth rate (CAGR), from $60.66M to $68.89M.
What does heat-treating — revenue mean?
This metric represents the total gross revenue generated by the heat-treating service segment, which focuses on metallurgical processes to alter the physical and chemical properties of industrial materials. It reflects the demand for specialized thermal treatment services required to maintain the integrity of high-temperature and high-pressure piping systems. This figure serves as a key indicator of the segment's market penetration and its ability to capture service contracts within the refining and petrochemical industries.