TIC SOLUTIONS, INC WTS 27 (TICAW) Financials
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TICAW SEC filings page.
TIC SOLUTIONS, INC WTS 27 (TICAW) reported $2.1B in revenue over the twelve months to Jun 30, 2026. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue scaled quickly, but interest and depreciation still leave a cash-generating business with accounting losses and a heavily invested balance sheet.
Gross margin widened from22.8% in FY2023 to29.4% in FY2025, indicating that the additional sales carried a better cost structure or mix. In FY2025, EBITDA of$161M still became a net loss of$87.1M after depreciation and interest, showing that operating performance is being consumed below the operating line.
FY2025 operating cash flow was
A 3.2x current ratio gives the business substantial short-term coverage of current obligations. Long-term debt of
Financial Health Signals
TIC SOLUTIONS, INC WTS 27 does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
TIC SOLUTIONS, INC WTS 27 reported a net loss of $87.1M while generating $95.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
TIC SOLUTIONS, INC WTS 27 reported an operating loss of $17.1M against $87.6M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
TIC SOLUTIONS, INC WTS 27 generated $584.3M in revenue in Q2 2026. This represents an increase of 86.1% from the same quarter a year earlier. Against the prior quarter it is up 19.7%.
TIC SOLUTIONS, INC WTS 27's EBITDA was $71.3M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 48.8% from the same quarter a year earlier. Against the prior quarter it is up 139.0%.
TIC SOLUTIONS, INC WTS 27 reported -$13.3M in net income in Q2 2026. This represents a decrease of 5626.2% from the same quarter a year earlier. Against the prior quarter it is up 67.9%.
Not reported for Q2 2026.
Cash & Balance Sheet
TIC SOLUTIONS, INC WTS 27 recorded an outflow of $29.5M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 103.0% from the same quarter a year earlier. Against the prior quarter it is down 796.6%.
TIC SOLUTIONS, INC WTS 27 held $362.4M in cash against $1.6B in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
TIC SOLUTIONS, INC WTS 27's gross margin was 34.9% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 11.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.9 percentage points.
TIC SOLUTIONS, INC WTS 27's operating margin was 1.9% in Q2 2026, reflecting core business profitability. This is down 4.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.8 percentage points.
TIC SOLUTIONS, INC WTS 27's net profit margin was -2.3% in Q2 2026, showing the share of revenue converted to profit. This is down 2.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.2 percentage points.
TIC SOLUTIONS, INC WTS 27's ROE was -0.6% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.3 percentage points.
Capital Allocation
TIC SOLUTIONS, INC WTS 27 invested $19.7M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 145.5% from the same quarter a year earlier. Against the prior quarter it is up 245.5%.
Not reported for Q2 2026.
Not reported for Q2 2026.
TICAW Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $584.3M+86.1% | $488.0M+108.4% | $508.3M | $473.9M+135.2% | $313.9M+1.5% | $234.2M | N/A | $201.5M |
| Cost of Revenue | $380.2M+58.5% | $326.7M+71.5% | $329.4M | $321.2M+110.9% | $239.8M+4.9% | $190.5M | N/A | $152.3M |
| Gross Profit | $204.2M+175.5% | $161.3M+269.4% | $178.9M | $152.7M+210.4% | $74.1M-8.1% | $43.7M | N/A | $49.2M |
| SG&A Expenses | $193.3M+246.7% | $150.3M+277.0% | $204.7M | $140.5M+35.3% | $55.8M-8.4% | $39.9M | N/A | $103.8M |
| Operating Income | $10.8M-40.9% | -$29.1M-207.9% | -$19.5M | -$6.5M+91.8% | $18.4M-7.1% | -$9.4M | N/A | -$79.2M |
| EBITDA | $71.3M+48.8% | $29.8M+55.6% | $49.6M | $44.6M+240.0% | $47.9M | $19.2M | N/A | -$31.9M |
| Interest Expense | $28.4M+83.6% | $29.0M+81.3% | $29.6M | $26.5M+98.9% | $15.5M-12.1% | $16.0M | N/A | $13.3M |
| Income Tax | -$3.2M-182.8% | -$16.5M-1223.4% | $129K | -$16.6M-689.7% | $3.9M-50.6% | $1.5M | N/A | -$2.1M |
| Net Income | -$13.3M-5626.2% | -$41.5M-61.1% | -$47.2M | -$13.9M+86.8% | -$233K+95.7% | -$25.8M | N/A | -$105.5M |
| EPS (Diluted) | N/A | N/A | N/A | -$0.08 | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: R&D Expenses, EPS (Basic), Diluted Shares (Avg).
TICAW Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $4.3B+91.4% | $4.3B+98.7% | $4.4B+99.1% | $4.2B+81.3% | $2.2B | $2.2B | $2.2B | $2.3B |
| Current Assets | $1.0B+154.1% | $1.0B+170.9% | $1.0B+159.0% | $791.9M | $399.1M | $376.7M | $394.2M | N/A |
| Cash & Equivalents | $362.4M+178.7% | $426.6M+173.9% | $439.5M+215.9% | $164.4M+18.2% | $130.1M-76.6% | $155.7M | $139.1M | $139.1M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | $381.2M+48.0% | $344.2M+66.6% | $366.3M+72.3% | $376.9M | $257.6M | $206.7M | $212.6M | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $1.7B+89.5% | $1.6B+94.1% | $1.6B+95.0% | $1.6B | $876.8M | $849.0M | $845.9M | N/A |
| Total Liabilities | $2.2B+106.5% | $2.2B+109.1% | $2.2B+109.8% | $2.3B+103.2% | $1.1B | $1.1B | $1.1B | $1.1B |
| Current Liabilities | $348.2M+192.1% | $333.4M+208.9% | $319.0M+200.0% | $329.0M | $119.2M | $107.9M | $106.3M | N/A |
| Non-Current Liabilities | $1.8B+95.7% | $1.9B+97.7% | $1.9B+99.7% | $1.9B | $944.1M | $943.3M | $950.2M | N/A |
| Long-Term Debt | $1.6B+113.8% | $1.6B+112.9% | $1.6B+112.5% | $1.6B | $743.5M | $744.7M | $747.0M | N/A |
| Total Equity | $2.1B+77.8% | $2.1B+89.0% | $2.2B+89.4% | $2.0B+61.0% | $1.2B+112.1% | $1.1B | $1.2B | $1.2B |
| Retained Earnings | -$249.0M-87.2% | -$235.7M-77.5% | -$194.1M-81.4% | -$146.9M | -$133.0M | -$132.8M | -$107.0M | N/A |
Not reported in any period shown, so not listed: Inventory.
TICAW Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$9.8M-50.6% | $9.9M-69.7% | $49.7M | $19.0M+623.7% | -$6.5M | $32.8M | N/A | $2.6M |
| Depreciation & Amortization | $60.4M+104.6% | $58.9M+105.9% | $69.1M | $51.1M+8.1% | $29.5M | $28.6M | $0 | $47.3M |
| Stock-Based Compensation | N/A | $12.9M+1066.4% | N/A | N/A | N/A | $1.1M | N/A | $64.6M |
| Capital Expenditures | $19.7M+145.5% | $5.7M+27.3% | $12.6M | $8.7M-34.3% | $8.0M | $4.5M | N/A | $13.2M |
| Free Cash Flow | -$29.5M-103.0% | $4.2M-85.1% | $37.1M | $10.3M+197.4% | -$14.5M | $28.3M | N/A | -$10.6M |
| Investing Cash Flow | -$25.1M-54.9% | -$8.3M+32.1% | -$17.6M | -$828.0M+54.9% | -$16.2M | -$12.2M | N/A | -$1.8B |
| Financing Cash Flow | -$27.9M-493.4% | -$12.9M-130.3% | $241.9M | $844.2M-40.3% | -$4.7M | -$5.6M | N/A | $1.4B |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 |
Not reported in any period shown, so not listed: Share Buybacks.
TICAW Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.9%+11.3pp | 33.1%+14.4pp | 35.2% | 32.2%+7.8pp | 23.6%-2.5pp | 18.6% | N/A | 24.4% |
| Operating Margin | 1.9%-4.0pp | -6.0%-1.9pp | -3.8% | -1.4%+37.9pp | 5.9%-0.5pp | -4.0% | N/A | -39.3% |
| Net Margin | -2.3%-2.2pp | -8.5%+2.5pp | -9.3% | -2.9%+49.4pp | -0.1%+1.7pp | -11.0% | N/A | -52.3% |
| Return on Equity | -0.6%-0.6pp | -1.9%+0.3pp | -2.2% | -0.7%+8.0pp | 0.0%+1.0pp | -2.3% | N/A | -8.7% |
| Return on Assets | -0.3%-0.3pp | -1.0%+0.2pp | -1.1% | -0.3%+4.2pp | 0.0% | -1.2% | N/A | -4.5% |
| Current Ratio | 2.91-0.4x | 3.06-0.4x | 3.20-0.5x | 2.41 | 3.35 | 3.49 | 3.71 | N/A |
| Debt-to-Equity | 0.76+0.1x | 0.74+0.1x | 0.73+0.1x | 0.82-0.1x | 0.63 | 0.66 | 0.65 | 0.92 |
| Asset Turnover | 0.140.0x | 0.110.0x | 0.12 | 0.110.0x | 0.14 | 0.11 | N/A | 0.09 |
| FCF Margin | -5.0%-0.4pp | 0.9%-11.2pp | 7.3% | 2.2%+7.4pp | -4.6% | 12.1% | N/A | -5.3% |
Where TIC SOLUTIONS, INC WTS 27 Ranks
Frequently Asked Questions
What is TIC SOLUTIONS, INC WTS 27's annual revenue?
TIC SOLUTIONS, INC WTS 27 (TICAW) reported $1.5B in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Is TIC SOLUTIONS, INC WTS 27 profitable?
No, TIC SOLUTIONS, INC WTS 27 (TICAW) reported a net income of -$87.1M in fiscal year 2025, with a net profit margin of -5.7%.
What is TIC SOLUTIONS, INC WTS 27's EBITDA?
TIC SOLUTIONS, INC WTS 27 (TICAW) had EBITDA of $161.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does TIC SOLUTIONS, INC WTS 27 have?
As of fiscal year 2025, TIC SOLUTIONS, INC WTS 27 (TICAW) had $439.5M in cash and equivalents against $1.6B in long-term debt.
What is TIC SOLUTIONS, INC WTS 27's gross margin?
TIC SOLUTIONS, INC WTS 27 (TICAW) had a gross margin of 29.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is TIC SOLUTIONS, INC WTS 27's operating margin?
TIC SOLUTIONS, INC WTS 27 (TICAW) had an operating margin of -1.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is TIC SOLUTIONS, INC WTS 27's net profit margin?
TIC SOLUTIONS, INC WTS 27 (TICAW) had a net profit margin of -5.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does TIC SOLUTIONS, INC WTS 27 pay dividends?
Yes, TIC SOLUTIONS, INC WTS 27 (TICAW) paid $10.28 per share in dividends during fiscal year 2025.
What is TIC SOLUTIONS, INC WTS 27's return on equity (ROE)?
TIC SOLUTIONS, INC WTS 27 (TICAW) has a return on equity of -4.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is TIC SOLUTIONS, INC WTS 27's free cash flow?
TIC SOLUTIONS, INC WTS 27 (TICAW) generated $61.3M in free cash flow during fiscal year 2025. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is TIC SOLUTIONS, INC WTS 27's operating cash flow?
TIC SOLUTIONS, INC WTS 27 (TICAW) generated $95.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are TIC SOLUTIONS, INC WTS 27's total assets?
TIC SOLUTIONS, INC WTS 27 (TICAW) had $4.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are TIC SOLUTIONS, INC WTS 27's capital expenditures?
TIC SOLUTIONS, INC WTS 27 (TICAW) invested $33.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is TIC SOLUTIONS, INC WTS 27's current ratio?
TIC SOLUTIONS, INC WTS 27 (TICAW) had a current ratio of 3.20 as of fiscal year 2025, which is generally considered healthy.
What is TIC SOLUTIONS, INC WTS 27's debt-to-equity ratio?
TIC SOLUTIONS, INC WTS 27 (TICAW) had a debt-to-equity ratio of 0.73 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is TIC SOLUTIONS, INC WTS 27's return on assets (ROA)?
TIC SOLUTIONS, INC WTS 27 (TICAW) had a return on assets of -2.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Are TIC SOLUTIONS, INC WTS 27's earnings high quality?
TIC SOLUTIONS, INC WTS 27 (TICAW) reported a net loss of $87.1M while generating $95.0M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can TIC SOLUTIONS, INC WTS 27 cover its interest payments?
TIC SOLUTIONS, INC WTS 27 (TICAW) reported an operating loss of $17.1M against $87.6M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.