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TIC Solutions (TIC)

Earnings summaries and quarterly performance for TIC Solutions.

Executive leadership at TIC Solutions.

Board of directors at TIC Solutions.

Recent press releases and 8-K filings for TIC.

TIC Solutions Reports Q3 2025 Combined Revenue and Details NV5 Acquisition Impact
TIC
M&A
Earnings
New Projects/Investments
  • Combined revenue for the nine months ended September 2025 was $1,602.3 million, an increase from $1,530.2 million for the same period in 2024.
  • The company rebranded as TIC Solutions in 2025 and completed the transformative acquisition of NV5, creating a global TICC and engineering services firm.
  • TIC Solutions' business mix for 2024 revenue was primarily Inspection & Mitigation (~55%), followed by Consulting Engineering (~30%), and Geospatial (~15%).
  • The company anticipates estimated cost synergies of over $25 million from the Acuren/NV5 combination, targeting areas such as administration, insurance, facilities, finance, HR, and IT.
Nov 12, 2025, 1:30 PM
TIC Solutions Reports Q3 2025 Results and Updates 2025-2026 Outlook
TIC
Earnings
Guidance Update
M&A
  • TIC Solutions reported $473.9 million in revenue and $77.3 million in adjusted EBITDA for Q3 2025, reflecting two months of NV5's contribution following the August acquisition.
  • The company reaffirmed its full-year 2025 revenue guidance of $1.530 billion to $1.565 billion and adjusted EBITDA of $240 million to $250 million.
  • For 2026, TIC Solutions anticipates revenue growth of 3% to 5% relative to the 2025 combined baseline, with an adjusted EBITDA margin in the range of 15.5% to 16.5%.
  • The cost synergy target from the Acuren and NV5 integration has been increased from $20 million to $25 million, expected to reach full run rate by mid-2027. Additionally, a $250 million private placement of common stock and pre-funded warrants was completed in October 2025 to strengthen the balance sheet.
Nov 12, 2025, 1:30 PM
TIC Solutions Reports Q3 2025 Results, Raises Synergy Target, and Provides 2026 Outlook
TIC
Earnings
Guidance Update
M&A
  • TIC Solutions, the newly unified entity of Acurin and NV5, reported Q3 2025 revenue of $473.9 million and adjusted EBITDA of $77.3 million, achieving an adjusted EBITDA margin of 16.3%.
  • The company increased its cost synergy target from $20 million to $25 million, with full realization expected by mid-2027, as it progresses with the integration of Acurin and NV5 under the new TIC Solutions brand.
  • For the full year 2025, TIC Solutions reaffirmed its guidance, projecting revenue between $1.53 billion and $1.565 billion and adjusted EBITDA between $240 million and $250 million.
  • Looking ahead to 2026, the company expects revenue growth of 3-5% relative to the 2025 combined baseline and an adjusted EBITDA margin in the range of 15.5% to 16.5%.
  • In October 2025, the company strengthened its balance sheet with a $250 million private placement of common stock and prefunded warrants.
Nov 12, 2025, 1:30 PM
TIC Solutions Reports Q3 2025 Results and Updates 2026 Outlook
TIC
Earnings
Guidance Update
M&A
  • TIC Solutions (formerly Acuren and NV5) reported Q3 2025 revenue of $473.9 million and adjusted EBITDA of $77.3 million, representing a 16.3% margin.
  • The company reaffirmed its full-year 2025 guidance, expecting revenue between $1.530 billion and $1.565 billion and adjusted EBITDA between $240 million and $250 million.
  • For 2026, TIC Solutions anticipates revenue growth of 3%-5% relative to the 2025 combined company baseline and an adjusted EBITDA margin of 15.5%-16.5%.
  • The cost synergy target from the Acuren-NV5 integration has been increased to $25 million, with full realization expected by mid-2027.
  • The combined entity, now a $2 billion+ business, saw year-to-date revenue growth of approximately 4.7% and significant expansion in data center work, which more than doubled over the trailing 12 months.
Nov 12, 2025, 1:30 PM
TIC Solutions Reports Q3 2025 Results and Raises Synergy Target
TIC
Earnings
Guidance Update
M&A
  • Acuren, now operating as TIC Solutions, reported Q3 2025 revenue of $473.9 million and an adjusted EBITDA of $77.3 million, representing a 16.3% margin.
  • The company reaffirmed its full-year 2025 guidance, expecting revenue between $1.530 billion and $1.565 billion and adjusted EBITDA between $240 million and $250 million.
  • For 2026, TIC Solutions anticipates revenue growth of 3% to 5% and an adjusted EBITDA margin in the range of 15.5% to 16.5%.
  • The cost synergy target from the NV5 acquisition has been increased from $20 million to $25 million, with the full run rate expected by mid-2027.
  • In October 2025, the company completed a $250 million private placement of common stock and pre-funded warrants, enhancing its capital position.
Nov 12, 2025, 1:30 PM
TIC Solutions Reports Third Quarter 2025 Results and Reaffirms Full-Year Guidance
TIC
Earnings
Guidance Update
M&A
  • For the third quarter of 2025, TIC Solutions reported revenue of $473.9 million, a net loss of $13.9 million, and Adjusted EBITDA of $77.3 million.
  • The company completed its merger with NV5 Global, Inc. on August 4, 2025, and has since increased its identified cost synergy target from $20 million to $25 million.
  • TIC Solutions reaffirmed its full-year 2025 guidance, projecting revenue between $1,530 million and $1,565 million and Adjusted EBITDA between $240 million and $250 million.
  • As of September 30, 2025, the company had total liquidity of $282.9 million, including $164.4 million in cash and cash equivalents. In October 2025, TIC Solutions completed a $250 million private placement of common stock.
Nov 12, 2025, 12:13 PM
TIC Solutions Reports Third Quarter 2025 Results, Reaffirms Full-Year Guidance, and Increases Synergy Target
TIC
Earnings
Guidance Update
M&A
  • TIC Solutions reported third quarter 2025 revenue of $473.9 million and Adjusted EBITDA of $77.3 million, with a net loss of $13.9 million.
  • The company completed its merger with NV5 Global, Inc. on August 4, 2025, and has since increased its identified cost synergy target from $20 million to $25 million.
  • For the full year 2025, TIC Solutions reaffirmed its prior guidance for revenue between $1,530 million and $1,565 million and Adjusted EBITDA between $240 million and $250 million.
  • As of September 30, 2025, the company maintained total liquidity of $282.9 million, including cash and cash equivalents of $164.4 million, and reported total term loan debt of $1,601.6 million.
Nov 12, 2025, 12:00 PM
Acuren Corporation Announces $250 Million Private Placement and Rebranding
TIC
  • Acuren Corporation announced a $250 million private placement of approximately 20.8 million shares of its common stock at $12.00 per share to an existing investor.
  • The private placement is expected to close on or about October 7, 2025, with the proceeds intended for general corporate purposes.
  • The company plans to rebrand as TIC Solutions, Inc., with the name change effective October 10, 2025, and trading under the new name beginning October 13, 2025.
Oct 7, 2025, 9:12 PM
Acuren Corp Q4 2024 Results & Financial Restatement Update
TIC
Revenue Acceleration/Inflection
Guidance Update
M&A
Financial Restatement
Accounting Changes
  • Record Full-Year Revenue & Q4 Performance: Achieved a record full-year revenue of $1.1 billion driven by deeper service penetration and pricing initiatives, with Q4 2024 revenue of $262.0 million
  • Q4 Net Losses: Reported net losses in Q4 2024 primarily due to non-recurring transaction-related expenses
  • Restatement Announcement: Filed an 8-K on March 27, 2025 to restate unaudited financial statements for January 1, 2024–July 29, 2024 due to a material income tax error
  • Tax Impact: The error led to an approximate decrease of $12.5 million in the income tax benefit and an increase of $2.50 per share in basic/diluted loss, with deferred tax liabilities rising by about $12.5 million
  • Unaffected Period & Auditor Review: Financials for July 30, 2024–December 31, 2024 remain unaffected; the matter was discussed with PricewaterhouseCoopers LLP
  • Strategic Initiatives: The company redomiciled in the U.S., commenced trading on NYSE American, and established its 2025 revenue outlook
Mar 27, 2025, 12:00 AM

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