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Financial Snapshot

Revenue
TTM
$1.784B
Gross Margin
TTM
31.02%
Net Income
TTM
-$109.6M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
306.03%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
$2.134B
Cash
2026 Q1
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
$37.17M

Stock Price

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Market Cap: $1.0077 Billion

About TIC Solutions Inc

TIC Solutions Inc (TIC) is a testing, inspection, certification and compliance (TICC), engineering, and geospatial services company that provides asset integrity, nondestructive testing, consulting engineering, and geospatial analytics to industrial, infrastructure, and public-sector clients. Revenue is generated through time-and-materials, cost-plus, fixed-price, and unit-rate service contracts, with geospatial software also offered on a subscription basis. The company operates primarily in the United States and Canada, with additional operations in Europe, Asia, and the Middle East, serving private-sector clients across energy, chemicals, refining, manufacturing, and construction, as well as public-sector clients including federal, state, and municipal agencies. On August 4, 2025, TIC completed the acquisition of NV5 Global, Inc. for approximately $1.7 billion, expanding its capabilities in infrastructure engineering, building systems, environmental consulting, and geospatial analytics. The company is headquartered in Hollywood, Florida.

Revenue model
Services are billed under time-and-materials, cost-plus, fixed-price, and unit-rate contract arrangements. Inspection and Mitigation work is primarily time-and-materials or cost-plus. Consulting Engineering and Geospatial work is primarily fixed-price, with some time-and-materials, unit-rate, and software subscription revenue. Demand is driven by regulatory compliance requirements, customer risk management policies, and recurring maintenance needs.
Products and services
Services span three primary areas: (1) Inspection and Mitigation, including nondestructive testing, rope access, field mitigation, and destructive laboratory testing for industrial assets; (2) Consulting Engineering, including engineering design, conformity assessment, environmental consulting, and building systems engineering for infrastructure, transportation, utilities, water resources, data centers, and commercial real estate; (3) Geospatial, including data collection via LiDAR, imaging, remote sensing, and unmanned aerial systems, high-resolution mapping, vegetation management, utility asset inspection, and subscription-based geospatial software and analytic tools.
Customers and end markets
Private-sector clients include industrial operators in energy processing and refining, pipeline and midstream infrastructure, chemicals and industrial processing, manufacturing, power generation and utilities, aerospace, automotive, renewable energy, pulp and paper, and mining. Public-sector clients include federal, state, and municipal agencies, public utilities, transportation authorities, and environmental regulators. Additional private-sector demand comes from real estate developers and construction companies.
Value-chain role
TIC sits in the compliance and asset integrity services layer of the industrial and infrastructure value chain, performing inspection, testing, certification, and engineering services that are driven by regulatory mandates and operator risk management. The company self-performs inspection and mitigation work without outsourcing repair services, positioning it as an integrated service provider across asset life cycles.
Geographic exposure
Operations are headquartered in Hollywood, Florida. The company operates primarily in the United States and Canada, with additional operations in select international markets including Europe, Asia, and the Middle East, as disclosed in the 10-K filed 2026-03-12.

Source: SEC 10-K, filed 2026-03-12

Industry: Services-Business Services, NEC

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