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Recent Updates — TMSWW

August 14, 2026View Source ↗

Teamshares Inc. reported financial results for the second quarter ended June 30, 2026, announcing revenue of $148.7 million, a 20% year-over-year increase, and net income of $9.5 million. Adjusted EBITDA rose 166% to $9.6 million, while LTM Pro Forma Adjusted EBITDA reached $21.2 million. The company reaffirmed its full-year 2026 guidance for Pro Forma Adjusted EBITDA of $60 million and reported approximately $30 million in annual SME EBITDA under letter of intent for pending acquisitions. Teamshares also disclosed the repayment of $54.5 million in debt obligations during and after the quarter, alongside entering a non-binding term sheet for a senior secured warehouse facility to fund future closings. Teamshares is a tech-enabled holding company that programmatically acquires small-to-medium-sized businesses from retiring owners.