TIC Solutions (TIC)
NYSE:TIC
Earnings Data
Report Date
May 14, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.05Last Year’s EPS
-0.21Same Quarter Last Year
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a generally positive outlook: the combined company delivered record combined revenue (~$2.1B) and solid adjusted EBITDA (~$312M), showed meaningful margin expansion in Q4 across all segments, demonstrated strong data center growth (nearly doubled to ~$70M with line of sight to ~$100M), and reported backlog growth (~10%) and product/offerings momentum (GEO Agent, cross-selling wins). Management also provided constructive 2026 guidance and integration targets ($25M synergies, ~half in 2026). Key challenges include localized I&M softness (Gulf Coast timing and competition), elevated SG&A from the NV5 inclusion, an $8M EBITDA headwind from incentive reclassification, leverage (~$1.6B term debt) and modest operating cash flow, all of which require execution on integration, cost synergies and cash generation. Overall, positives around scale, margin momentum, data center expansion and on-track integration outweigh the near-term operational and financial headwinds.Company Guidance
Combined Revenue Growth and Scale
Full-year combined revenue of ~$2.1B, growing ~4% (4.4% constant currency; 3.6% reported after FX headwinds), representing the highest combined full-year revenue for the company following the Acuren-NV5 combination.
Strong Adjusted EBITDA and Margin Expansion
Full-year combined adjusted EBITDA of ~$312M with a 14.8% adjusted EBITDA margin. Fourth-quarter adjusted EBITDA was $76.4M (15.0% margin), up materially from prior year quarter ($40.7M). Q4 adjusted gross margin expanded to 38.8%, up ~277 bps year-over-year.
Data Center Revenue Surge
Data center revenue nearly doubled to nearly $70M in 2025 year-over-year, with management citing line of sight to nearly $100M (management indicated ~100M line of sight in 2026) supported by contracted backlog and programmatic engagements.
Backlog and Segment Momentum
Year-end backlog for CE and GEO was $1.07B, up ~10% from ~$970M a year earlier. CE revenue grew ~8% to $714M (adjusted gross margin 47.0%, up ~150 bps). GEO revenue grew ~6% to $298M with Q4 GEO margin improving to 57.2% from 50.0% year-over-year.
Integration Progress and Cost Synergies
Integration execution underway and on track for $25M of annualized cost synergies, with roughly half expected to be realized in 2026 and full run-rate targeted by mid-2027; integration program reported as meeting milestones and ahead of schedule.
Capital and Balance Sheet Actions
Total liquidity of ~$551M (cash ~$440M + ~$111M revolver capacity). Completed $250M private placement earlier and Board authorized a $200M opportunistic share repurchase program. 2026 guidance implies revenue $2.15B–$2.25B and adjusted EBITDA $330M–$355M (midpoint ~4% revenue growth and meaningful EBITDA expansion).
Product and Commercial Wins
Announced GEO Agent (AI-enabled geospatial platform) with rollout beginning soon; early cross-selling traction highlighted (e.g., a multiyear bridge infrastructure engagement combining LiDAR, engineering and inspection; a U.S. I&M engagement in the data center vertical).
Operational Improvements and Margin Quality
Q4 margin improvement across all three segments (I&M Q4 margin 28.2% up ~210 bps; CE Q4 margin 46.9% up ~150 bps). Management described improved pricing discipline, utilization focus and reorganization of I&M into clear P&L regions to drive margin progression.
TIC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TIC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 26, 2026 | $7.37 | $7.11 | -3.53% |
Nov 12, 2025 | $11.16 | $10.69 | -4.21% |
Aug 14, 2025 | $9.62 | $9.49 | -1.35% |
May 15, 2025 | $10.57 | $10.21 | -3.41% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does TIC Solutions (TIC) report earnings?
TIC Solutions (TIC) is schdueled to report earning on May 14, 2026, After Close (Confirmed).
What is TIC Solutions (TIC) earnings time?
TIC Solutions (TIC) earnings time is at May 14, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TIC EPS forecast?
TIC EPS forecast for the fiscal quarter 2026 (Q1) is -0.05.