TIC Solutions, Inc. (TIC) — Financial statements
Income statement, balance sheet, and cash flow for TIC Solutions, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| Revenue & Gross Profit | |||||
| Revenue | 1,530↑39.4% | 1,097↑4.5% | 1,050↑13.1% | 928 | |
| Cost of Revenue | 1,081↑30.0% | 832↑2.6% | 811↑11.7% | 725 | |
| Gross Profit | 449↑69.1% | 266↑10.9% | 240↑18.0% | 203 | |
| Operating Expenses | |||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00↓100.0% | 185↑10.0% | 168 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 441 | 0.00↓100.0% | 185↑10.0% | 168 | |
| Other Expenses | 0.00↓100.0% | 313 | 0.00 | 0.00 | |
| Operating Expenses | 441↑40.9% | 313↑69.1% | 185↑10.0% | 168 | |
| Total Costs & Expenses | 1,522↑33.0% | 1,145↑15.0% | 996↑11.4% | 894 | |
| Operating Results | |||||
| Operating Income | 9↑118.1% | -47↓186.6% | 55↑57.0% | 35 | |
| Depreciation & Amortization | 178↑91.6% | 93↓1.8% | 95↑9.7% | 86 | |
| EBITDA | 187↑114.6% | 87↓42.2% | 151↑12.3% | 134 | |
| EBIT | 9↑241.9% | -6↓110.8% | 56↑17.1% | 48 | |
| Interest & Other Income | |||||
| Net Interest Income | -88↓24.4% | -70↓19.8% | -59↓421.5% | -11 | |
| Interest Income | 0.00 | 0.00↓100.0% | 1↓90.4% | 13 | |
| Interest Expense | 88↑24.4% | 70↑17.4% | 60↑148.4% | 24 | |
| Non-Operating Income | 0.00↑100.0% | -41↓3220.1% | -1↑90.4% | -13 | |
| Other Income / Expenses | -107↓40.5% | -76↓29.2% | -59↓421.5% | -11 | |
| Income Before Tax | -98↑20.3% | -123↓2777.8% | -4↓118.3% | 23 | |
| Income Tax Expense | -11↓449.2% | -2↓200.2% | 2↓41.1% | 3 | |
| Net Income & EPS | |||||
| Net Income from Continuing Operations | -87↑28.1% | -121↓1826.5% | -6↓131.4% | 20 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -87↑28.1% | -121↓1826.5% | -6↓131.4% | 20 | |
| Bottom-Line Net Income | -93↑23.0% | -121↓1826.5% | -6↓131.4% | 20 | |
| EPS (Basic) | -0.60↑40.0% | -1.00↑20.0% | -1.25↓131.3% | 3.99 | |
| EPS (Diluted) | -0.59↑41.0% | -1.00↑20.0% | -1.25↓131.8% | 3.93 | |
| Weighted Average Shares | 157↑28.9% | 121↑2317.5% | 5↓0.0% | 5 | |
| Weighted Average Diluted Shares | 158↑29.7% | 121↑2317.5% | 5↓1.4% | 5 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.