Filing Flows › Team (TISI) › Q2 2026 › vs Q1 2026
Team (TISI) Q2 2026 vs Q1 2026 (quarter over quarter)
Team's revenue rose $13.6M (+6%) from $215M in Q1 2026 to $229M in Q2 2026. The biggest changes: Non-Destructive Evaluation and Testing Services +$10.2M (+10%); Repair and Maintenance Services +$6.0M (+7%); Heat-Treating −$2.3M (-14%).
Team, Q2 2026: revenue $229M (-8% year over year), operating margin 1.0%, net loss $6.8M, operating cash flow $680K. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Non-Destructive Evaluation and Testing Services | $114M | $104M | $10.2M | +10% |
| Repair and Maintenance Services | $96.5M | $90.4M | $6.0M | +7% |
| Heat-Treating | $14.3M | $16.7M | −$2.3M | -14% |
| Other | $3.6M | $3.9M | −$257K | -7% |
| Revenue | $229M | $215M | $13.6M | +6% |
| Income tax benefit | $102K | −$5K | $107K | — |
| Net loss | $6.8M | $11.3M | −$4.5M | -40% |
| Costs & expenses | $236M | $226M | $9.2M | +4% |
| Operating costs | $227M | $218M | $8.1M | +4% |
| Interest & other, net | $9.1M | $8.0M | $1.1M | +14% |
| Cost of revenue | $174M | $165M | $9.4M | +6% |
| SG&A | $46.8M | $48.1M | −$1.3M | -3% |
| Other operating costs | $5.5M | $5.5M | $8K | +0.1% |
| Operating cash sources | $8.8M | $9.4M | −$629K | -7% |
| Depreciation & amortization | $8.5M | $8.5M | $13K | +0.2% |
| Share-based compensation | $312K | $954K | −$642K | -67% |
| Net loss absorbed | $6.8M | $11.3M | −$4.5M | -40% |
| Working capital & other | $1.3M | $7.2M | −$5.9M | -82% |
| Operating cash flow | $680K | −$9.1M | $9.8M | — |
| Capital expenditures | $4.0M | $2.7M | $1.3M | +48% |
| Negative free cash flow (OCF − capex) | $3.3M | $11.8M | −$8.5M | -72% |
Questions
How much did Team's revenue grow quarter over quarter in Q2 2026?
Team's revenue rose $13.6M (+6%) from $215M in Q1 2026 to $229M in Q2 2026.
What drove Team's revenue change in Q2 2026?
Non-Destructive Evaluation and Testing Services +$10.2M (+10%); Repair and Maintenance Services +$6.0M (+7%); Heat-Treating −$2.3M (-14%).