newsfilter
← Earnings
Earnings Releases·

TiC Solutions — Third Quarter 2026 Earnings Summary

  • Q3 2026 revenue reached $639.6 million, a 35% year-over-year increase driven by the NV5 Global acquisition, with combined revenue up 12.5% (8.4% organic); adjusted EBITDA rose 39% to $107.2 million with margin expansion to 16.8%.
  • Full-year 2026 guidance was raised to $2,240–$2,270 million for revenue and narrowed to $342–$350 million for adjusted EBITDA, supported by a record $1.29 billion backlog.
  • Net loss improved to $11.1 million from $13.9 million in the prior year period, while diluted loss per share narrowed to $(0.05) and adjusted diluted EPS reached $0.18.
  • Management targets 3/18/85 financial objectives for 2029 (3% revenue growth, 18% EBITDA margin, 85% free cash flow conversion) and aims to reduce net leverage while maintaining disciplined capital allocation.
Company
TIC SOLUTIONS INC
Sector
Industrials
Industry
Engineering & Construction