TIC Solutions, Inc. balance sheet TICAW

Annual Quarterly

As of Sep 30, 2026, TIC Solutions, Inc. had total assets of $4.4 billion and total liabilities of $2.3 billion. Total assets were up 4.3% from a year earlier. Stockholders' equity was $2.1 billion. It held $197.9 million in cash and investments against $1.7 billion of total debt, net debt of $1.5 billion. The current ratio, current assets divided by current liabilities, was 2.23.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the same quarter a year earlier.

Line	Q3 FY2026 Sep 30, 2026	Q2 FY2026 Jun 30, 2026	Q1 FY2026 Mar 31, 2026	Q4 FY2025 Dec 31, 2025	Q3 FY2025 Sep 30, 2025	Q2 FY2025 Jun 30, 2025	Q1 FY2025 Mar 31, 2025
Assets
Cash	198 +20.4%	362 +178.7%	427 +173.9%	440	164	130	156
Cash and investments	198 +20.4%	362 +178.7%	427 +173.9%	440	164	130	156
Receivables	471 +25.1%	381 +48.0%	344 +66.6%	366	377	258	207
Total current assets	947 +19.6%	1,014 +154.1%	1,020 +170.9%	1,021	792	399	377
Property and equipment, net	248 -2.7%	241 +29.9%	246 +33.9%	256	255	186	183
Goodwill	1,756 +12.3%	1,662 +89.5%	1,648 +94.1%	1,650	1,564	877	849
Total assets	4,401 +4.3%	4,293 +91.4%	4,332 +98.7%	4,396	4,220	2,242	2,180
Liabilities and equity
Accounts payable	83 +28.5%	57 +210.5%	58 +176.7%	60	64	18	21
Total current liabilities	425 +29.2%	348 +192.1%	333 +208.9%	319	329	119	108
Total liabilities	2,292 +1.0%	2,196 +106.5%	2,198 +109.1%	2,216	2,270	1,063	1,051
Stockholders' equity	2,108 +8.1%	2,096 +77.8%	2,134 +89.0%	2,180	1,951	1,179	1,129
Debt
Debt due within a year	23 -5.7%	23 +199.2%	23 +203.5%	26	25	8	8
Long-term debt	1,586 -0.3%	1,590 +113.8%	1,585 +112.9%	1,588	1,591	744	745
Lease liabilities	97 -2.7%	90 +45.7%	94 +63.8%	100	100	62	57
Total debt	1,706 -0.5%	1,703 +109.4%	1,702 +110.3%	1,713	1,715	813	810
Net cash	-1,509 +2.7%	-1,341 -96.2%	-1,276 -95.1%	-1,273	-1,551	-683	-654
Ratios
Current ratio	2.23x	2.91x	3.06x	3.20x	2.41x	3.35x	3.49x
Debt to equity	0.81x	0.81x	0.80x	0.79x	0.88x	0.69x	0.72x
Debt to EBITDA	7.48x	8.72x	9.90x	10.62x	—	—	—
Return on equity	-5.37%	-5.53%	-4.82%	-4.00%	—	—	—
Return on assets	-2.57%	-2.70%	-2.37%	-1.98%	—	—	—
Book value per share	9.67	9.57	9.65	9.89	9.66	9.71	9.29

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry: Services-Business Services, NEC (SIC 7389)
Listed as: TIC (NYSE), TICAW (OTC)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Houston, TX
SEC filer status: Accelerated filer
SEC CIK: 2032966
Former names: ACUREN CORP (until Oct 7, 2025)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.