TIC Solutions Inc 2026年季度报告

FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fromto Commission File Number 001-42524 TIC Solutions, Inc.(Exact name of registrant as specified in its charter) Delaware66-1076867 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 200 South Park Road, Suite 350, Hollywood, Florida 33021 (954) 495-2112Registrant’s telephone number, including area code_______________________________________________________ Securities registered pursuant to Section 12(b) of the Act: Name of each exchange on which registered New York Stock Exchange Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. Yes☑No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Yes☑No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “non-accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Accelerated filerNon-accelerated filerSmaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐No☑ The number of shares of the registrant’s common stock outstanding as of May1, 2026, was 221,042,604. TABLE OF CONTENTS Part I – Financial Information Item1.Financial Statements1Condensed Consolidated Balance Sheets (unaudited)1Condensed Consolidated Statements of Operations and Comprehensive Loss (unaudited)2Condensed Consolidated Statements of Stockholders’ Equity (unaudited)3Condensed Consolidated Statements of Cash Flows (unaudited)4Notes to the Condensed Consolidated Financial Statements (unaudited)6Item2.Management's Discussion and Analysis of Financial Condition and Results of Operations24Item3.Quantitative and Qualitative Disclosures About Market Risk30Item4.Controls and Procedures30 Part II – Other Information Item1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.Exhibits 33333333333334 Signatures35 PART I – FINANCIAL INFORMATION TIC Solutions, Inc.Condensed Consolidated Balance Sheets(amounts in thousands, except par and share data)(Unaudited) TIC Solutions, Inc.Condensed Consolidated Statements of Operations and Comprehensive Loss(amounts in thousands, except share and per share data)(Unaudited) TIC Solutions, Inc.Condensed Consolidated Statements of Cash Flows(amounts in thousands)(Unaudited) TIC Solutions, Inc.Condensed Consolidated Statements of Cash Flows(amounts in thousands)(Unaudited) Supplemental cash flow information and schedules of non-cash investing and financing activities for the periods indicated wereas follows: Three Months Ended TIC Solutions, Inc.Notes to Condensed Consolidated Financial Statements(table amounts in thousands, except share and per share data)(Unaudited) NOTE1. BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES Description of Business TIC Solutions, Inc. (formerly Acuren Corporation and hereinafter referred to as “we,” “our,” “us,” “TIC Solutions,” or the“Company”) is a leading provider of tech-enabled Testing, Inspection, Certification and Compliance (“TICC”), engineering andconsulting, and geospatial services. On August 4, 2025 (the “NV5 Closing Date”), the Company completed its acquisition of NV5Global, Inc. (“NV5” and such acquisition, the “NV5 Acquisition”), an engineering and consulting services company. The Companyoperates primarily in NorthAmerica and serves both private and public-sector clients. On October 10, 2025, the Company changed itsname from Acuren Corporation to TIC Solutions, Inc. The Company’s private-sector clients span industrial, infrastructure, construction, and commercia