TIC Solutions, Inc.
For the period ended Dec 31, 2025. Filed Mar 12, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 12, 2026
TIC$10.99-2.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Equity
| Successor | ||||||||
|---|---|---|---|---|---|---|---|---|
| Common Stock · Series A Preferred Stock | ||||||||
| Shares | Amount | Shares | Amount | Additional Paid-In Capital | Accumulated Deficit | Accumulated Other Comprehensive Income (Loss) | Total | |
| Balances at December 31, 2024 | 121,476,215 | $12 | 1,000,000 | $— | $1,293,638 | $(106,989) | $(35,489) | $1,151,172 |
| Net loss | — | — | — | — | — | (87,116) | — | (87,116) |
| Share-based compensation expense | — | — | — | — | 16,498 | — | — | 16,498 |
| 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 issuances and restricted stock unit vestings, net | 7,246 | — | — | — | (1,217) | — | — | (1,217) |
| Issuance of common shares in conjunction with the PIPE financing, net of issuance costs | 17,708,333 | 2 | — | — | 246,461 | — | — | 246,463 |
| Issuance of common shares and exercise of warrants, net of issuance costs | 828,004 | — | — | — | 9,522 | — | — | 9,522 |
| Other comprehensive income | — | — | — | — | — | — | 46,546 | 46,546 |
| Balances at December 31, 2025 | 220,485,045 | $21 | 1,000,000 | $— | $2,362,943 | $(194,105) | $11,057 | $2,179,916 |
| Successor | ||||||||
|---|---|---|---|---|---|---|---|---|
| Common Stock · Series A Preferred Stock | ||||||||
| Shares | Amount | Shares | Amount | Additional Paid-In Capital | Accumulated Deficit | Accumulated Other Comprehensive Loss | Total | |
| Balances at July 30, 2024 | 53,975,000 | $— | 1,000,000 | $— | $557,427 | $(1,537) | $— | $555,890 |
| Net loss | — | — | — | — | — | (105,452) | — | (105,452) |
| Share-based compensation expense | — | — | — | — | 64,626 | — | — | 64,626 |
| Settlement of derivative liability | — | — | — | — | 967 | — | — | 967 |
| Equity consideration issued in conjunction with Acuren Acquisition | 400,000 | — | — | — | 4,000 | — | — | 4,000 |
| Issuance of common shares and exercise of warrants, net of issuance costs | 67,037,515 | — | — | — | 666,630 | — | — | 666,630 |
| Issuance of common shares to employees | 63,700 | — | — | — | — | — | — | — |
| Impact of Domestication | — | 12 | — | — | (12) | — | — | — |
| Other comprehensive loss | — | — | — | — | — | — | (35,489) | (35,489) |
| Balances at December 31, 2024 | 121,476,215 | $12 | 1,000,000 | $— | $1,293,638 | $(106,989) | $(35,489) | $1,151,172 |
| Predecessor | |||||||
|---|---|---|---|---|---|---|---|
| Common Shares | Common Stock | Treasury Stock | Additional Paid-In Capital | Accumulated Earnings | Accumulated Other Comprehensive Loss | Total | |
| Balances at December 31, 2022 | 5,024,802 | $50 | $(1,029) | $511,352 | $23,736 | $(11,980) | $522,129 |
| Net loss | — | — | — | — | (6,289) | — | (6,289) |
| Dividend | — | — | — | (150,000) | — | — | (150,000) |
| Share-based compensation expense | — | — | — | 4,975 | — | — | 4,975 |
| Other comprehensive income | — | — | — | — | — | 11,184 | 11,184 |
| Balances at December 31, 2023 | 5,024,802 | $50 | $(1,029) | $366,327 | $17,447 | $(796) | $381,999 |
| Net loss | — | — | — | — | (15,703) | — | (15,703) |
| Share-based compensation expense | — | — | — | 17,858 | — | — | 17,858 |
| Other comprehensive income | — | — | — | — | — | (18,004) | (18,004) |
| Balances at July 29, 2024 | 5,024,802 | $50 | $(1,029) | $384,185 | $1,744 | $(18,800) | $366,150 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.