Q2 FY2026 · ended Jun 30, 2026 · Revenue $228.68M, -7.8% YoY · Filed Aug 10, 2026
Team, Inc. (TISI) files with the SEC under industry code 7600, Services-Miscellaneous Repair Services. In Q2 of fiscal 2026, the quarter ended Jun 30, 2026, it reported revenue of $228.7 million and a net loss of $6.8 million. Free cash flow was -$3.3 million. As of Jun 30, 2026 it held $26.0 million in cash and investments and $376.0 million in total debt.
Revenue
$228.68M
-7.8% vs year-ago quarter
Net income
$-6.81M
-59.7% vs year-ago quarter
Operating cash flow
$680,000
+120.3% vs year-ago quarter
Free cash flow
$-3.30M
+47.2% vs year-ago quarter
EPS
$-2.15
-126.3% vs year-ago quarter
Dividend per share
None
Shares outstanding
4.58M
+1.9% vs year-ago quarter
Net cash
$-350.03M
Q2 FY2026
Operating margin
0.8%
TTM
Company profile
- Industry
- Services-Miscellaneous Repair Services (SIC 7600)
- Listed as
- TISI (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Sugar Land, TX
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 318833
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | 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 |
|---|---|---|---|---|---|
| Revenue | $228.7M | $215.1M | $224.8M | $225.0M | $248.0M |
| Operating income | $2.2M | -$3.4M | $6.6M | $1.3M | $12.1M |
| Net income | -$6.8M | -$11.3M | -$3.8M | -$11.4M | -$4.3M |
| Diluted EPS | -$2.15 | -$3.12 | -$1.47 | -$2.68 | -$0.95 |
| Operating cash flow | $680,000 | -$9.1M | $16.8M | $3.9M | -$3.3M |
| Free cash flow | -$3.3M | -$11.5M | $14.6M | $1.0M | -$6.3M |
| Total assets | $498.8M | $479.4M | $485.5M | $531.0M | $548.4M |
| Total liabilities | $490.6M | $464.0M | $458.0M | $499.1M | $571.3M |
| Stockholders' equity | -$49.7M | -$39.4M | -$24.5M | -$17.7M | -$22.9M |
| Cash and investments | $26.0M | $12.8M | $18.1M | $14.8M | $20.7M |
| Total debt | $376.0M | $357.4M | $349.6M | $351.2M | $416.5M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Officer or director change
|
Oct 6, 2026 | Oct 1, 2026 |
| 8-K |
Current report
Material agreement, Regulation FD disclosure
|
Aug 11, 2026 | Aug 6, 2026 |
| 10-Q | Quarterly report | Aug 10, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 10, 2026 | Aug 10, 2026 |
| 8-K |
Current report
Officer or director change
|
Jul 10, 2026 | Jul 7, 2026 |
| 8-K |
Current report
Officer or director change
|
Jun 23, 2026 | Jun 18, 2026 |
All 1002 Team, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.