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How Team (TISI) makes money

Team (TISI) made $229M of revenue in the second quarter 2026 (Q2 2026), -8% from a year earlier. Non-Destructive Evaluation and Testing Services brought in $114M (50%); Repair and Maintenance Services brought in $96.5M (42%); Heat-Treating brought in $14.3M (6%).

Drawing the Sankey…

Team revenue by segment, Q2 2026Team revenue by segment, Q2 2026Non-Destructive Evaluation and Te…$114MRepair and Maintenance Services$96.5MHeat-Treating$14.3MOther$3.6M
Team: revenue by line, Q4 2024 to Q2 2026Team: revenue by line, Q4 2024 to Q2 2026Repair and Maintenanc…Non-Destructive Evalu…Heat-TreatingHeat TreatingOtherRepair and Maintenance Services: $96.5M latest$96.5MNon-Destructive Evaluation and Testing Services: $114M latest$114MHeat-Treating: $14.3M latestHeat Treating: $0 latestOther: $3.6M latestQ4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Non-Destructive Evaluation and Testing Services went from 38% of revenue in Q4 2024 to 50% in Q2 2026, the largest shift in the mix.
Team revenue by quarterTeam revenue by quarter$213MQ4 2024$199MQ1 2025$248MQ2 2025$225MQ3 2025$225MQ4 2025$215MQ1 2026$229MQ2 2026
Team: where each dollar of revenue goesTeam: where each dollar of revenue goesOperating cash flow0¢

Revenue by segment, Q2 2026

SegmentRevenueShareQ/QY/Y
Non-Destructive Evaluation and Testing Services$114M50.0%+10%+1%
Repair and Maintenance Services$96.5M42.2%+7%-12%
Heat-Treating$14.3M6.3%-14%-35%
Other$3.6M1.6%-7%-3%

Where each dollar of revenue goes

LineQ2 2026% of revenue
Revenue$229M100.0%
Operating cash flow$680K0.3%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 2026$229M-8%
Q1 2026$215M+8%
Q4 2025$225M+5%
Q3 2025$225M+7%
Q2 2025$248M+8%
Q1 2025$199M-0.5%
Q4 2024$213M-0.4%

From Team's 10-Q filed Aug 10, 2026 (on EDGAR).

Questions

How does Team make money?

Team (TISI) made $229M of revenue in the second quarter 2026 (Q2 2026), -8% from a year earlier. Non-Destructive Evaluation and Testing Services brought in $114M (50%); Repair and Maintenance Services brought in $96.5M (42%); Heat-Treating brought in $14.3M (6%).

What is Team's biggest business?

Non-Destructive Evaluation and Testing Services: $114M in the second quarter 2026, 50% of revenue, +1% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.