TIC Solutions (NYSE:TIC) Announces Quarterly Earnings Results

Posted by Geri Gentry on Nov 7th, 2026

TIC Solutions (NYSE:TIC – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.03, FiscalAI reports. TIC Solutions had a negative return on equity of 2.30% and a negative net margin of 5.64%. The business had revenue of $639.62 million during the quarter.

Here are the key takeaways from TIC Solutions’ conference call:

TIC Solutions reported 12.5% revenue growth to $640 million, including 8.4% organic growth, while adjusted EBITDA rose 19% and margin expanded about 90 basis points to 16.8%. The company raised its full-year revenue guidance to $2.24 billion–$2.27 billion and narrowed its adjusted EBITDA range to $342 million–$350 million.
Combined Consulting & Engineering and Geospatial backlog reached a record $1.29 billion, up 23% year over year. Management sees this supporting mid-to-high single-digit revenue growth in 2027, with adjusted EBITDA expected to grow faster than revenue, though conversion depends on project schedules and execution capacity.
Three announced acquisitions, together representing about $90 million in annualized revenue, add geospatial, utility GIS, and European data-center commissioning capabilities. Management said the deals align with client demand and are accretive to its margin target, while noting that integration and profitable growth remain priorities.
Geospatial adjusted gross margin fell 330 basis points to 44.9%, reflecting project timing and mix, execution challenges, and increased pass-through work. Management has made leadership changes and is applying practices from its Consulting & Engineering business to improve project execution.
Net leverage rose to 3.9 times, and cash conversion was pressured by working-capital needs, late-quarter revenue concentration, and delayed collections tied partly to shifted Inspection & Mitigation outage schedules. The company expects some collections in the fourth quarter and the remainder in early 2027, and says improving cash conversion and reducing leverage are priorities.

TIC Solutions Trading Up 7.7%

TIC stock traded up $0.74 during mid-day trading on Friday, reaching $10.37. The company had a trading volume of 2,371,529 shares, compared to its average volume of 1,325,395. The firm has a 50 day moving average of $9.26 and a 200 day moving average of $8.76. The company has a market capitalization of $2.26 billion, a PE ratio of -18.85 and a beta of 2.76. TIC Solutions has a 12 month low of $6.36 and a 12 month high of $11.86. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.91 and a quick ratio of 2.91.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Zacks Research upgraded shares of TIC Solutions from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 15th. Robert W. Baird set a $10.00 price objective on shares of TIC Solutions in a research report on Friday, August 7th. Wall Street Zen upgraded shares of TIC Solutions from a “sell” rating to a “hold” rating in a research note on Saturday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of TIC Solutions in a report on Friday, September 4th. Finally, UBS Group reiterated a “buy” rating on shares of TIC Solutions in a research note on Monday, October 19th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $12.00.

View Our Latest Research Report on TIC

Institutional Investors Weigh In On TIC Solutions

Hedge funds and other institutional investors have recently bought and sold shares of the company. Permian Investment Partners LP purchased a new position in shares of TIC Solutions during the 2nd quarter valued at about $172,398,660. Progeny 3 Inc. boosted its position in TIC Solutions by 0.6% during the first quarter. Progeny 3 Inc. now owns 15,323,105 shares of the company’s stock worth $100,826,000 after acquiring an additional 92,015 shares during the last quarter. Jefferies Financial Group Inc. purchased a new stake in TIC Solutions during the 2nd quarter valued at about $40,450,000. Bank of New York Mellon Corp grew its stake in TIC Solutions by 8.2% during the 1st quarter. Bank of New York Mellon Corp now owns 5,385,942 shares of the company’s stock valued at $35,440,000 after acquiring an additional 406,255 shares in the last quarter. Finally, Swedbank AB raised its holdings in TIC Solutions by 7.0% in the 1st quarter. Swedbank AB now owns 4,380,000 shares of the company’s stock valued at $28,820,000 after acquiring an additional 286,000 shares during the last quarter.

About TIC Solutions

(Get Free Report)

Acuren Corporation provides critical asset integrity services in North America. Its activities include various nondestructive testing (NDT) solutions, such as radiography, ultrasonic testing, magnetic particle inspection, penetrant testing, and visual inspection. Its NDT activities include inspection and evaluation of industrial equipment through various technology-enabled methods to ensure asset integrity, avoid accidents, and comply with regulatory requirements without destroying the asset or component.