TIC Solutions, Inc.
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
View on SEC.govAbout 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, 2026 · Filed Nov 5, 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
Condensed Consolidated Statements of Stockholders’ Equity (unaudited)
Condensed Consolidated Statements of Stockholders’ Equity
(amounts in thousands, except share data)
| 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, 2025 | 220,485,045 | $21 | 1,000,000 | $— | $2,362,943 | $(194,105) | $11,057 | $2,179,916 | ||||||||
| Net loss | — | — | — | — | — | (41,549) | — | (41,549) | ||||||||
| Share-based compensation expense | — | — | — | — | 8,728 | — | — | 8,728 | ||||||||
| Restricted stock issuances and restricted stock unit vestings, net | (113,718) | — | — | — | (529) | — | (529) | |||||||||
| Issuance of common shares in conjunction with the Series A Preferred Stock Dividend | 668,347 | — | — | — | — | — | — | — | ||||||||
| Other comprehensive loss | — | — | — | — | — | — | (12,707) | (12,707) | ||||||||
| Balances at March 31, 2026 | 221,039,674 | $21 | 1,000,000 | $— | $2,371,142 | $(235,654) | $(1,650) | $2,133,859 | ||||||||
| Net loss | — | — | — | — | — | (13,342) | — | (13,342) | ||||||||
| Share-based compensation expense | — | — | — | — | 10,778 | — | — | 10,778 | ||||||||
| Restricted stock issuances and restricted stock unit vestings, net | (459,229) | — | — | — | (2,762) | — | — | (2,762) | ||||||||
| Issuance of common shares in conjunction with the employee stock purchase plan | 285,025 | — | — | — | 1,983 | — | — | 1,983 | ||||||||
| Repurchases of common stock | (1,878,217) | — | — | — | (15,684) | (15,684) | ||||||||||
| Reclassification of liability-classified awards to equity-classified awards | — | — | — | — | 4,253 | 4,253 | ||||||||||
| Other comprehensive loss | — | — | — | — | — | — | (22,798) | (22,798) | ||||||||
| Balances at June 30, 2026 | 218,987,253 | $21 | 1,000,000 | $— | $2,369,710 | $(248,996) | $(24,448) | $2,096,287 | ||||||||
| Net loss | — | — | — | — | — | (11,112) | — | (11,112) | ||||||||
| Share-based compensation expense | — | — | — | — | 10,293 | — | — | 10,293 | ||||||||
| Restricted stock issuances and restricted stock unit vestings, net | 8,638 | — | — | — | (778) | — | — | (778) | ||||||||
| Repurchases of common stock | (878,695) | — | — | — | (6,975) | (6,975) | ||||||||||
| Other comprehensive income | — | — | — | — | — | — | 20,692 | 20,692 | ||||||||
| Balances at September 30, 2026 | 218,117,196 | $21 | 1,000,000 | $— | $2,372,250 | $(260,108) | $(3,756) | $2,108,407 | ||||||||
Condensed Consolidated Statements of Stockholders’ Equity
(amounts in thousands, except share data)
| 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 | — | — | — | — | — | (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 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.