TIC

TIC Solutions, Inc.

7 filings tracked

industrialsengineering consultingSMALL ($300M-2B)

Signal Magnitude Chart

bullish

bearish

neutral

Signal Timeline

bearishMay 6

Net loss widened by 61% year-over-year to $41.5 million.

earnings miss

70%

bullishMay 6

Gross margin expanded from 18.6% to 33.1% following the NV5 acquisition.

margin expansion

90%

bullishMay 6

Board approved a share repurchase program of up to $200 million.

buyback

50%

neutralMay 6

Completed transformative acquisition of NV5 Global, Inc. for approximately $1.7 billion.

acquisition

80%

bearishMay 6

Net loss widened by 61% year-over-year to $41.5 million.

earnings miss

70%

bullishMay 6

Gross margin expanded from 18.6% to 33.1% following the NV5 acquisition.

margin expansion

90%

bullishMay 6

Board approved a share repurchase program of up to $200 million.

buyback

50%

neutralMay 6

Completed transformative acquisition of NV5 Global, Inc. for approximately $1.7 billion.

acquisition

80%

bearishMay 6

Net loss widened by 61% year-over-year to $41.5 million.

earnings miss

70%

bullishMay 6

Gross margin expanded from 18.6% to 33.1% following the NV5 acquisition.

margin expansion

90%

bullishMay 6

Board approved a share repurchase program of up to $200 million.

buyback

50%

neutralMay 6

Completed transformative acquisition of NV5 Global, Inc. for approximately $1.7 billion.

acquisition

80%

bearishMay 6

Net loss widened by 61% year-over-year to $41.5 million.

earnings miss

70%

bullishMay 6

Gross margin expanded from 18.6% to 33.1% following the NV5 acquisition.

margin expansion

90%

bullishMay 6

Board approved a share repurchase program of up to $200 million.

buyback

50%

neutralMay 6

Completed transformative acquisition of NV5 Global, Inc. for approximately $1.7 billion.

acquisition

80%

bearishMay 6

Net loss widened by 61% year-over-year to $41.5 million.

earnings miss

70%

bullishMay 6

Gross margin expanded from 18.6% to 33.1% following the NV5 acquisition.

margin expansion

90%

bullishMay 6

Board approved a share repurchase program of up to $200 million.

buyback

50%

neutralMay 6

Completed transformative acquisition of NV5 Global, Inc. for approximately $1.7 billion.

acquisition

80%

bearishMay 6

Net loss widened by 61% year-over-year to $41.5 million.

earnings miss

70%

bullishMay 6

Gross margin expanded from 18.6% to 33.1% following the NV5 acquisition.

margin expansion

90%

bullishMay 6

Board approved a share repurchase program of up to $200 million.

buyback

50%

neutralMay 6

Completed transformative acquisition of NV5 Global, Inc. for approximately $1.7 billion.

acquisition

80%

bearishMay 6

Net loss widened by 61% year-over-year to $41.5 million.

earnings miss

70%

bullishMay 6

Gross margin expanded from 18.6% to 33.1% following the NV5 acquisition.

margin expansion

90%

bullishMay 6

Board approved a share repurchase program of up to $200 million.

buyback

50%

neutralMay 6

Completed transformative acquisition of NV5 Global, Inc. for approximately $1.7 billion.

acquisition

80%

Filing History

10-QMay 6, 2026

The Q1 2026 filing presents a company in the midst of a high-stakes transformation. On one hand, the NV5 acquisition has successfully scaled the business and improved the gross margin profile, moving the company into more lucrative consulting verticals. On the other hand, the cost of this growth has been a dramatic increase in operating expenses and a heavy debt load that currently outweighs the company's cash-generating capacity. Investors are now faced with a classic execution trade-off: whether the structural shift toward higher-margin services can outpace the burn rate and interest obligations. While the top-line growth is impressive, the persistence of material weaknesses in financial reporting and the decline in operating cash flow create a volatile risk profile. The coming quarters will be critical in determining if TIC Solutions can stabilize its internal controls and translate its new scale into a sustainable bottom-line recovery.