TIC Solutions, Inc. (TIC) FY2025 10-K Annual Report

Filed: Mar 12, 2026
Information Technology
Services-Business Services, NECSEC EDGAR

TIC Solutions, Inc. (TIC) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Mar 12, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

TIC Solutions, Inc. FY2025 10-K Analysis

Business Overview

  • Core business: Tech-enabled Testing, Inspection, Certification, Compliance (TICC), engineering, and geospatial services for industrial and infrastructure assets
  • NV5 Global acquisition on Aug 4, 2025, adding engineering and geospatial services, prompting company name change to TIC Solutions, Inc. on Oct 10, 2025
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Management Discussion & Analysis

  • Revenue $1.53B in 2025 (Successor) vs $1.05B in 2023; Inspection and Mitigation up 0.1% ($1.1B vs $633.9M)
  • Operating segments: Inspection and Mitigation gross profit $240.6M (down 9.4% YoY), Consulting Engineering $142.5M, Geospatial $66.3M in 2025
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Risk Factors

  • Regulatory risk: Non-compliance with ITAR, EAR export controls and OSHA safety standards may lead to material financial or legal penalties
  • Geopolitical risk: Revenue materially affected by Russia-Ukraine conflict, Hamas-Israel conflict, and tariffs on China and Canada impacting global oil and gas clients
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TIC Solutions, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$1.5B

+141.4% YoY

Net Income

-$87M

+17.4% YoY

Gross Margin

29.4%

+381bp YoY

Operating Margin

-1.1%

+1192bp YoY

Net Margin

-5.7%

+1094bp YoY

ROE

-4.0%

+516bp YoY

Total Assets

$4.4B

+99.1% YoY

Operating Cash Flow

$95M

+3514.2% YoY

Source: XBRL data from TIC Solutions, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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