NV5 Global, Inc.
nv5.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q2 FY2025 10-Q, filed Aug 4, 2025. Its latest SEC filing is a 15-12G from Aug 14, 2025.
10-Q for Q2 FY2025, filed Aug 4, 2025
The sections below describe the company as of the FY2024 annual report.
What Did They Do?
Provides engineering and technical consulting, conformity assessment, and geospatial software services to government agencies, utilities, and private-sector clients.
10-K for FY2024, filed Feb 21, 2025OverviewView ↗
NV5 Global is a provider of technology, conformity assessment, consulting solutions, and software applications to public and private sector…View ↗
Infrastructure ("INF"), includes our engineering, civil program management, utility services, and conformity assessment practices.View ↗
Geospatial Solutions ("GEO"), includes our geospatial solution practices.View ↗
How Did They Make Money?
Clients pay for engineering, consulting, and related project services under hourly, cost-plus, fixed-fee, or per-unit contracts. Most services are earned as work progresses; some are earned when reports or analysis are delivered and accepted.
10-K for FY2024, filed Feb 21, 2025Our performance obligations are satisfied as work progresses or at a point in time. Gross revenues from services transferred to customers…View ↗
Gross revenues from services transferred to customers at a point in time is recognized when the customer obtains control of the asset…View ↗
Time and materials contracts, which are common for smaller scale professional and technical consulting and certification services projects.…View ↗
Fixed-unit price contracts typically require the performance of an estimated number of units of work at an agreed price per unit, with the…View ↗
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10-K for FY2024, filed Feb 21, 2025
FY2024 revenue by reportable segment (Gross revenues) ↗
$491.5M
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10-K for FY2024, filed Feb 22, 2025
$491.5M ↗
| Segment | Share | Revenue |
|---|---|---|
|
INF
|
43%
FY2020: 54%
|
INF, FY2024
$403.2M Sources
|
|
BTS
|
27%
FY2020: 24%
|
BTS, FY2024
$255.6M Sources
|
|
GEO
|
30%
FY2020: 23%
|
GEO, FY2024
$282.4M Sources
|
Who Were Their Customers?
Government agencies and military and defense clients, utilities and healthcare providers, and private institutions and companies are among its clients. The company wins work through business-development efforts, cross-selling, ongoing client relationships, and referrals.
10-K for FY2024, filed Feb 21, 2025Our clients include the U.S. Federal, state, municipal, and local government agencies, and military and defense clients. We also serve…View ↗
Of our private sector clients, our largest clients include institutions, large companies with offices, industrial facilities, plants…View ↗
We strive to position ourselves as a preferred, single-source provider of professional and technical consulting, and certification services…View ↗
As our service offerings continue expanding, we anticipate increasing our cross-selling opportunities. Currently, we are often able to…View ↗
Did Revenues Turn Into Profits?
Yes. It kept 6 cents of every revenue dollar as net income in FY2024 and turned 8 cents into free cash flow.
10-K for FY2024, filed Feb 22, 2025
$43.4MView ↗
10-K for FY2024, filed Feb 22, 2025
$28MView ↗
10-K for FY2024, filed Feb 22, 2025
$40.4MView ↗
How Were They Changing?
10-Q for Q2 FY2025, filed Aug 4, 2025
Open tableView ↗
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Aug 4, 2025
Acuren completed its merger with NV5
NV5 became a wholly owned Acuren subsidiary, and its shares ceased trading on Nasdaq.
Sources
8-K, filed Aug 4, 2025
The disclosure set forth in the Introductory Note above is incorporated into this Item 2.01 by reference. As a result of the First Merger…View ↗
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