TIC Solutions Q2 FY26 net loss widens to $13.34 million; revenue rises 86% to $584.35 million

Reuters2026/08/06 11:22

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TIC Solutions posted a Q2 net loss of USD 13.34 million, widening from a loss of USD 233,000 a year earlier.
Revenue rose to USD 584.35 million, up 86% year over year, driven primarily by USD 287.7 million from the NV5 acquisition.
Operating income fell to USD 10.84 million from USD 18.35 million, as SGA climbed to USD 193.32 million from USD 55.75 million.
Interest expense, net increased to USD 28.37 million from USD 15.45 million, on higher indebtedness tied to the NV5 deal.
Gross profit margin widened 11 percentage points to 35%, reflecting NV5’s higher-margin consulting, engineering, and geospatial services.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TIC Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-053831), on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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TIC Solutions Q2 FY26 net loss widens to $13.34 million; revenue rises 86% to $584.35 million

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