TIC Solutions Q2 revenue rises 86% to $584.3 million; net loss widens to $13.3 million
TIC Solutions reported second-quarter 2026 revenue of $584.3 million, up 86% from a year earlier, mainly because the NV5 acquisition is now included. Net loss widened to $13.3 million from $0.2 million, while Adjusted EBITDA rose to $94.8 million. The company reaffirmed its full-year 2026 revenue and Adjusted EBITDA guidance, so shareholders see stronger reported sales but a larger GAAP loss.
Key points
- Q2 2026 revenue was $584.3 million versus $313.9 million in Q2 2025; combined revenue grew 3.3%, including 2.5% organic growth.
- Net loss was $13.3 million, or $(0.06) per diluted share, compared with a net loss of $0.2 million a year earlier; Adjusted diluted EPS was $0.14.
- Adjusted EBITDA was $94.8 million, up 74% from $54.6 million; backlog reached a record $1.18 billion, up 20% year over year.
- Full-year 2026 guidance was reaffirmed: revenue of $2,150 to $2,250 million and Adjusted EBITDA of $330 to $355 million.
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.