TIC Solutions (TIC) Q4 FY2025 earnings: revenue $508 million

TIC Solutions, Inc. (TIC) reported revenue of $508 million for Q4 FY2025, the quarter ended 31 December 2025. Net income was -$47 million. The figures are the company's own, from the 10-K it filed with the SEC on 12 March 2026.

Revenue$508 million

Net income-$47 million

Diluted EPSn/a

QuarterQ4 FY2025ended 31 December 2025

The quarter, against the one before and a year earlier

Line	Q4 FY2025	Q3 FY2025	A year earlier	Change on the year
Revenue	508	474	n/a	n/a
Cost of revenue	329	321	n/a	n/a
Gross profit	179	153	n/a	n/a
Gross margin	35.2%	32.2%	n/a
Selling, general and administrative	193	140	n/a	n/a
Operating income	-19.5	-6.5	n/a	n/a
Operating margin	-3.8%	-1.4%	n/a
Pre-tax income	-47.1	-30.4	n/a	n/a
Income tax	0.1	-16.6	n/a	n/a
Net income	-47.2	-13.9	n/a	n/a
Net margin	-9.3%	-2.9%	n/a
Diluted EPS	n/a	-$0.08	n/a	n/a

$ million except per share.

Fourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow and capital returned

Line	Q4 FY2025	Q3 FY2025	A year earlier	Change on the year
Operating cash flow	49.7	19.0	n/a	n/a
Capital expenditure	12.6	8.7	n/a	n/a
Free cash flow	37.1	10.3	n/a	n/a
Free cash flow margin	7.3%	2.2%	n/a
Cash from investing	-17.6	-828	n/a	n/a
Cash from financing	242	844	n/a	n/a
Depreciation and amortisation	69.1	51.1	n/a	n/a
Share-based compensation	7.9	6.3	n/a	n/a
Dividends paid	0.0	0.0	n/a	n/a
Diluted shares, weighted	158m	n/a	n/a	n/a
Shares outstanding at period end	220m	202m	n/a	n/a

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet at quarter end

Line	Q4 FY2025	Q3 FY2025	A year earlier	Change on the year
Shareholders' equity	2,180	1,951	n/a	n/a
Debt	1,613	1,615	n/a	n/a
Operating lease liabilities	40.6	66.7	n/a	n/a
Finance lease liabilities	25.4	n/a	n/a	n/a
Other liabilities	537	588	n/a	n/a
Total liabilities and equity	4,396	4,220	n/a	n/a
Fixed assets	256	255	n/a	n/a
Goodwill	1,650	1,564	n/a	n/a
Intangible assets	1,391	1,534	n/a	n/a
Cash and equivalents	440	164	n/a	n/a
Receivables	366	377	n/a	n/a
Other assets	294	326	n/a	n/a
Total assets	4,396	4,220	n/a	n/a

Questions

What was TIC Solutions' revenue in Q4 FY2025?

TIC Solutions (TIC) reported revenue of $508 million for Q4 FY2025, the quarter ended 31 December 2025.

How much did TIC Solutions earn in Q4 FY2025?

Net loss for Q4 FY2025 was $47 million.

When did TIC Solutions report Q4 FY2025 results?

TIC Solutions filed its 10-K for the year that ended with the quarter on 12 March 2026; the fourth quarter is the year less the first three.

Quarterly results, the last 7 quarters

	Q2 FY2024	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026
Revenue	309	234	314	474	508	488	584
Cost of revenue	229	191	240	321	329	327	380
Gross profit	80.6	43.7	74.1	153	179	161	204
Gross margin	26%	19%	24%	32%	35%	33%	35%
SG&A	60.9	52.5	55.2	140	193	150	193
Operating income	19.7	-9.4	18.4	-6.5	-19.5	-29.1	10.8
Operating margin	6%	-4%	6%	-1%	-4%	-6%	2%
Pre-tax income	2.5	-24.3	3.7	-30.4	-47.1	-58.0	-16.6
Tax rate	322%	n/a	106%	n/a	n/a	n/a	n/a
Net income	-5.5	-25.8	-0.2	-13.9	-47.2	-41.5	-13.3
Net margin	-2%	-11%	-0%	-3%	-9%	-9%	-2%
Diluted EPS	n/a	-$0.21	$0.00	-$0.08	n/a	-$0.19	-$0.06
Operating cash flow	n/a	32.8	-6.5	19.0	49.7	9.9	-9.8
Capital expenditure	n/a	4.5	8.0	8.7	12.6	5.7	19.7
Free cash flow	n/a	28.3	-14.5	10.3	37.1	4.2	-29.5
Dividends paid	n/a	0.0	0.0	0.0	0.0	n/a	n/a
Shares outstanding	201m	121m	121m	202m	220m	221m	219m
Filing	10-Q	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A blank figure marked on a quarter is one the filings do not give on their own: the quarters as filed do not add to the year the company filed, or the year and its quarters stand on different share counts. Each quarter's page says which. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-K for the period ended 31 December 2025, filed 12 March 2026: the filing.