Short answer
TIC Solutions, Inc. (TIC) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $584M (up 86.1% year over year) with net income of −$13M.
Q2 2026 key financials · XBRL
- Revenue
- $584M
- +86.1% YoY · +19.7% QoQ
- Net income
- −$13M
- −5626.2% YoY · +67.9% QoQ
- Operating margin
- 1.9%
- Gross margin
- 34.9%
Source: XBRL data from the TIC Solutions, Inc. (TIC) Q2 2026 10-Q on SEC EDGAR. USD.
TIC Solutions, Inc. Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q2 revenue $584.3M, up 86% YoY from $313.9M, primarily from $287.7M NV5 Acquisition revenue
- Gross margin 35% vs 24% YoY; net loss $13.3M vs $0.2M
- Best segment Consulting & Engineering: $206.6M revenue, $97.6M gross profit
- Worst segment Inspection & Mitigation: revenue $296.7M, down 5.5% YoY; gross profit $67.2M, down 9.2%
- Six-month operating cash flow $0.2M vs $26.3M; net cash declined $77.1M, with $40.8M financing outflows and $15.7M stock repurchases
Risk Factors
- No material risk-factor changes from 2025 Form 10-K
- Credit agreement amended June 2, 2026, indicating updated debt-financing terms
- $184.4 million remaining under $200.0 million share-repurchase authorization as of June 30, 2026
- Principal accounting officer changed effective August 3, 2026, creating finance-leadership transition risk
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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