TIC Solutions, Inc.

For the period ended Sep 30, 2025. Filed Nov 12, 2025.

About this filing

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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Contents

Condensed Consolidated Statements of Stockholders’ Equity

(amounts in thousands, except share data)

	Successor
Common Stock · Series A Preferred Stock · Additional Paid-In Capital · Accumulated Deficit · Accumulated Other Comprehensive Income (Loss) · Total
Shares · Amount · Shares · Amount
Balances at December 31, 2024	121,476,215	$12		1,000,000		$—			$1,293,638			$(106,989)			$(35,489)			$1,151,172
Net loss	—	—		—		—			—			(25,793)			—			(25,793)
Share-based compensation expense	—	—		—		—			1,107			—			—			1,107
Other comprehensive income	—	—		—		—			—			—			2,561			2,561
Balances at March 31, 2025	121,476,215	$12		1,000,000		$—			$1,294,745			$(132,782)			$(32,928)			$1,129,047
Net loss	—	—		—			—			—			(233)			—			(233)
Share-based compensation expense	—	—		—			—			1,873			—			—			1,873
Other comprehensive income	—	—		—			—			—			—			48,376			48,376
Balances at June 30, 2025	121,476,215	$12		1,000,000		$—			$1,296,618			$(133,015)			$15,448			$1,179,063
Net loss	—	—		—		—			—		(13,890)			—			(13,890)
Share-based compensation expense	—	—		—			—			5,641		—			—			5,641
Equity consideration issued in conjunction with NV5 Acquisition	73,184,470	7		—			—			768,297			—			—			768,304
Restricted stock awards issued for converted NV5 awards in conjunction with the NV5 Acquisition	7,280,777		—		—			—			—			—			—			—
Fair value of NV5 replaced awards included in purchase consideration for pre-combination service	—		—		—			—			29,744			—			—			29,744
Restricted stock unit vestings	96,666		—		—			—			—			—			—			—
Other comprehensive loss	—		—		—			—			—			—			(18,135)			(18,135)
Balances at September 30, 2025	202,038,128	$19		1,000,000		$—			$2,100,300			$(146,905)			$(2,687)			$1,950,727

	Predecessor
Common Shares · Treasury Stock · Additional Paid-In Capital · Accumulated Earnings · Accumulated Other Comprehensive Loss · Total
Shares · Amount
Balances at December 31, 2023	5,024,802	$50	$(1,029)	$366,327	$17,447	$(796)	$381,999
Net loss	—	—	—	—	(1,271)	—	(1,271)
Share-based compensation expense	—	—	—	897	—	—	897
Other comprehensive loss	—	—	—	—	—	(9,578)	(9,578)
Balances at March 31, 2024	5,024,802	$50	$(1,029)	$367,224	$16,176	$(10,374)	$372,047
Net loss	—	—	—	—	(5,450)	—	(5,450)
Share-based compensation expense	—	—	—	16,799	—	—	16,799
Other comprehensive loss	—	—	—	—	—	(3,260)	(3,260)
Balances at June 30, 2024	5,024,802	$50	$(1,029)	$384,023	$10,726	$(13,634)	$380,136
Net loss	—	—	—	—	(8,982)	—	(8,982)
Share-based compensation expense	—	—	—	162	—	—	162
Other comprehensive loss	—	—	—	—	—	(5,166)	(5,166)
Balances at July 29, 2024	5,024,802	$50	$(1,029)	$384,185	$1,744	$(18,800)	$366,150

	Successor
Common Shares · Treasury Stock · Additional Paid-In Capital · Accumulated Deficit · Accumulated Other Comprehensive Income · Total
Shares · Amount
Balances at July 30, 2024	53,975,000	$—	$—	$557,427	$(1,537)	$—	$555,890
Net loss	—	—	—	—	(89,824)	—	(89,824)
Share-based compensation expense	—	—	—	62,802	—	—	62,802
Settlement of derivative liability	—	—	—	967	—	—	967
Equity consideration issued in conjunction with the Acuren Acquisition	400,000	—	—	4,000	—	—	4,000
Issuance of shares and exercise of warrants, net of issuance costs	67,037,515	—	—	666,630	—	—	666,630
Other comprehensive income	—	—	—	—	—	10,898	10,898
Balances at September 30, 2024	121,412,515	$—	$—	$1,291,826	$(91,361)	$10,898	$1,211,363

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.