TIC Solutions, Inc.
For the period ended Sep 30, 2025. Filed Nov 12, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 12, 2025
TIC$10.99-2.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
(amounts in thousands, except share and per share data)
| Successor · Predecessor | |||
|---|---|---|---|
| Three Months Ended September 30, 2025 | July 30 throughSeptember 30, 2024 | July 1 throughJuly 29, 2024 | |
| Revenue | $473,888 | $201,485 | $101,512 |
| Cost of revenue | 321,161 | 152,281 | 75,994 |
| Gross profit | 152,727 | 49,204 | 25,518 |
| Selling, general and administrative expenses | 140,485 | 103,835 | 18,645 |
| Transaction costs | 18,755 | 24,554 | 5,204 |
| Income (loss) from operations | (6,513) | (79,185) | 1,669 |
| Interest expense, net | 26,521 | 13,336 | 5,828 |
| Loss on extinguishment of debt | — | — | 9,073 |
| Other income, net | (2,585) | (600) | (294) |
| Loss before income tax benefit | (30,449) | (91,921) | (12,938) |
| Income tax benefit | (16,559) | (2,097) | (3,956) |
| Net loss | (13,890) | (89,824) | (8,982) |
| Other comprehensive income (loss): | |||
| Foreign currency translation adjustment | (18,135) | 10,898 | (5,166) |
| Total other comprehensive income (loss) | (18,135) | 10,898 | (5,166) |
| Total comprehensive loss | $(32,025) | $(78,926) | $(14,148) |
| Basic and diluted loss per share: | |||
| Common stock | $(0.08) | $(0.73) | $(1.79) |
| Series A Preferred Stock | $(0.08) | $(0.73) | $— |
| Weighted-average shares outstanding: | |||
| Common stock, basic | 167,229,501 | 121,412,515 | 5,024,802 |
| Common stock, diluted | 168,229,501 | 122,412,515 | 5,024,802 |
| Series A Preferred Stock, basic and diluted | 1,000,000 | 1,000,000 | — |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.