TIC Solutions, Inc.
For the period ended Dec 31, 2025. Filed Mar 12, 2026.
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FY2025 · Filed Mar 12, 2026
TIC$11.29+8.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(amounts in thousands, except par and share data)
| Successor | ||
|---|---|---|
| December 31, 2025 | December 31, 2024 | |
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $439,536 | $139,134 |
| Accounts receivable, net | 366,293 | 212,579 |
| Contract assets, net | 154,439 | 23,941 |
| Prepaid expenses and other current assets | 60,768 | 18,582 |
| Total current assets | 1,021,036 | 394,236 |
| Property and equipment, net | 255,625 | 189,233 |
| Operating lease right-of-use assets, net | 60,209 | 30,001 |
| Goodwill | 1,649,595 | 845,939 |
| Intangible assets, net | 1,391,382 | 740,657 |
| Deferred tax assets | 1,438 | 765 |
| Other assets | 17,024 | 6,908 |
| Total assets | $4,396,309 | $2,207,739 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities | ||
| Accounts payable | $60,426 | $13,877 |
| Accrued expenses and other current liabilities | 151,626 | 66,041 |
| Contract liabilities | 47,846 | 1,635 |
| Current portion of long-term debt | 25,511 | 7,750 |
| Current portion of lease obligations | 33,584 | 17,028 |
| Total current liabilities | 318,993 | 106,331 |
| Long-term debt, net of current portion | 1,587,686 | 747,048 |
| Non-current lease obligations | 66,049 | 40,753 |
| Deferred tax liabilities | 222,955 | 150,672 |
| Other non-current liabilities | 20,710 | 11,763 |
| Total liabilities | 2,216,393 | 1,056,567 |
| Commitments and contingencies (Note 18) | ||
| Stockholders' Equity | ||
| Series A Preferred Stock, $0.0001 par value, 1,000,000 shares issued and outstanding | — | — |
| Common stock, $0.0001 par value, 220,485,045 and 121,476,215 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | 21 | 12 |
| Additional paid-in capital | 2,362,943 | 1,293,638 |
| Accumulated deficit | (194,105) | (106,989) |
| Accumulated other comprehensive income (loss) | 11,057 | (35,489) |
| Total stockholders' equity | 2,179,916 | 1,151,172 |
| Total liabilities and stockholders' equity | $4,396,309 | $2,207,739 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.