TIC Solutions, Inc. reported financial results for the second quarter ended June 30, 2026, announcing Q2 revenue of $584.3 million, a significant increase from $313.9 million in the prior year period primarily due to the inclusion of NV5 Global, Inc. following its acquisition on August 4, 2025. The company reported a net loss of $13.3 million and an Adjusted EBITDA of $94.8 million, up 74% year-over-year. Diluted loss per share was $(0.06), while Adjusted diluted EPS was $0.14. Total liquidity stood at $473.5 million, comprising $362.4 million in cash and undrawn capacity on a $125.0 million revolving credit facility, against total term loan debt of $1.6 billion. The company achieved a record combined Consulting & Engineering and Geospatial backlog of $1.18 billion, representing 20% year-over-year growth. TIC Solutions reaffirmed its full-year 2026 revenue guidance of $2,150 to $2,250 million and Adjusted EBITDA guidance of $330 to $355 million. The company operates in the engineering, inspection, and geospatial services industry.

On June 2, 2026, TIC Solutions, Inc. entered into a third amendment to its Credit Agreement, reducing the interest rate of the Amendment No. 3 Term Loans by 25.0 basis points. The amendment increases the Letter of Credit Sublimit to $50.0 million and sets the interest rate at either Term SOFR plus 2.50% or the Base Rate plus 1.50% per annum. Quarterly principal payments of 0.25% of the initial aggregate principal amount will begin on September 30, 2026.