Filing Flows › TIC Solutions (TIC) › Q1 2025
TIC Solutions (TIC) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
TIC Solutions (TIC) reported revenue of $234M for the first quarter 2025 (Q1 2025). Operating margin was -4.0%, net loss $25.8M (11.0% of revenue).
TIC Solutions, Q1 2025: revenue $234M, operating margin -4.0%, net loss $25.8M, operating cash flow $32.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $234M | — | — |
| Operating profit | −$9.4M | — | — |
| Net earnings | −$25.8M | — | — |
| Operating cash flow | $32.8M | — | — |
| Free cash flow | $28.3M | — | — |
What changed
Revenue was $234.2M in Q1 2025.
Gross margin was 18.6%. Operating costs exceeded revenue by $9.4M, an operating margin of -4.0%. The quarter ended with a net loss of $25.8M. Net interest and other expense of $14.9M was the main reason.
Operating cash flow was $32.8M. Non-cash charges added back $28.6M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items added $28.9M. Capital expenditures of $4.5M left free cash flow of $28.3M.
Questions
What was TIC Solutions' revenue in the first quarter 2025?
TIC Solutions (TIC) reported revenue of $234M for the first quarter 2025 (Q1 2025).
Was TIC Solutions profitable in the first quarter 2025?
Operating loss was $9.4M (-4.0% of revenue) and net loss $25.8M.
Source: TIC Solutions 10-Q on SEC EDGAR.