TIC Solutions (TIC) Q3 FY2026 earnings: revenue $640 million, up 35.0% on the year
TIC Solutions, Inc. (TIC) reported revenue of $640 million for Q3 FY2026, the quarter ended 30 September 2026, up 35.0% on the same quarter a year earlier. Net income was -$11 million, and diluted earnings per share $-0.05. The figures are the company's own, from the 10-Q it filed with the SEC on 5 November 2026.
Revenue
$640 million
+35.0% on the year · +9.5% on the quarter
Q2 FY2024Q3 FY2026
Operating margin
2.5%
-1.4% a year earlier
Q2 FY2024Q3 FY2026
Net income
-$11 million
Q2 FY2024Q3 FY2026
Diluted EPS
-$0.05
Q2 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Guidance figures: 1 raised, 1 kept.
Revenue up 35%, combined up 12.5%: Reported revenue was $639.6 million, up 35%. On a combined basis growth was 12.5%, with organic growth of 8.4%.
Adjusted EBITDA up 39%, margin 16.8%: Adjusted EBITDA was $107.2 million, against $77.3 million a year earlier. Adjusted EBITDA margin was 16.8% versus 16.3%.
Revenue guidance raised: Full-year 2026 revenue guidance is $2,240 to $2,270 million, up from $2,150 to $2,250 million in the August release.
$ million except per share. Read moreFree 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. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed.
Cash flow
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Operating cash flow
36.5
-9.8
19.0
+91.7%
Capital expenditure
14.2
19.7
8.7
-28.1%
+62.8%
Free cash flow
22.3
-29.5
10.3
+116.1%
Free cash flow margin
3.5%
-5.0%
2.2%
Cash from investing
-183
-25.1
-828
Cash from financing
-17.4
-27.9
844
Depreciation and amortisation
61.5
60.4
51.1
+1.8%
+20.3%
Share-based compensation
11.2
11.3
6.3
-0.7%
+78.8%
Buybacks
7.0
n/a
0.0
Dividends paid
n/a
n/a
0.0
Diluted shares, weighted
217m
218m
n/a
-0.6%
Shares outstanding at period end
218m
219m
202m
-0.4%
+8.0%
Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.
Balance sheet
$ million
Q3 FY2026
Q2 FY2026
Q3 FY2025
On the quarter
On the year
Last 8 quarters
Shareholders' equity
2,108
2,096
1,951
+0.6%
+8.1%
Debt
1,610
1,613
1,615
-0.2%
-0.4%
Operating lease liabilities
64.9
59.0
66.7
+10.1%
-2.6%
Other liabilities
618
524
588
+17.8%
+5.1%
Total liabilities and equity
4,401
4,293
4,220
+2.5%
+4.3%
Fixed assets
248
241
255
+2.9%
-2.7%
Goodwill
1,756
1,662
1,564
+5.7%
+12.3%
Intangible assets
1,351
1,312
1,534
+3.0%
-11.9%
Cash and equivalents
198
362
164
-45.4%
+20.4%
Receivables
471
381
377
+23.6%
+25.1%
Other assets
376
334
326
+12.4%
+15.2%
Total assets
4,401
4,293
4,220
+2.5%
+4.3%
Questions
What was TIC Solutions' revenue in Q3 FY2026?
TIC Solutions (TIC) reported revenue of $640 million for Q3 FY2026, the quarter ended 30 September 2026, up 35.0% on the same quarter a year earlier.
How much did TIC Solutions earn in Q3 FY2026?
Net loss for Q3 FY2026 was $11 million, and the diluted loss per share $0.05.
When did TIC Solutions report Q3 FY2026 results?
TIC Solutions filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 5 November 2026.
Each quarter as filed, linked to its filing. Read more* 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. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS 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 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-Q for the period ended 30 September 2026, filed 5 November 2026: the filing.