Tic Solutions, Inc. · NYSE:TIC

Tic Solutions — Q2 2026 Earnings Presentation

16 slides from Tic Solutions's earnings presentation, Aug 6, 2026

  1. Slide 1: 2Q 2026 Earnings Presentation

    2Q 2026 Earnings Presentation August 6, 2026

  2. Slide 2: Disclaimer

    DISCLAIMER FORWARD-LOOKING STATEMENTS NON-GAAP FINANCIAL MEASURES Certain statements in this presentation are "forward-looking" statements based on assumptions currently believed to be valid. Forward-looking This presentation contains EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Gross P

  3. Slide 3: At a Glance: Company Overview

    AT A GLANCE: COMPANY OVERVIEW A complete asset lifecycle performance platform High Recurring Diverse End Scaled North Markets and providing asset integrity, engineering, and geospatial American Platform & Programmatic Low Customer services across critical industries Revenue Mix Concentration CORE SE

  4. Slide 4: At a Glance: Investment Highlights

    AT A GLANCE: INVESTMENT HIGHLIGHTS Scaled Global TIC Platform with Differentiated Positions in Niche Markets 1 Tech-enabled services across asset integrity, engineering, and geospatial Mission Critical, Non-Discretionary Demand 2 Recurring, compliance-driven services Diversified End Markets, Capabil

  5. Slide 5: TIC Solutions 2Q 2026 Performance Highlights

    TIC Solutions 2Q 2026 Performance Highlights Combined TIC Solutions Revenue Adjusted Gross Profit(1) Adjusted EBITDA(1) LTM Revenue vs 1 Year Ago(1) Illustrative only – as if NV5 had been ($ in millions) ($ in millions and as % of revenue) ($ in millions and as % of revenue) owned for the full perio

  6. Slide 6: TIC Solutions 2Q 2026 As Reported Key Profitability Metrics

    TIC Solutions 2Q 2026 As Reported Key Profitability Metrics ($ in millions, except per share amounts) 2Q 2026 2Q 2025 YTD 2026 YTD 2025 2Q 2026 Summary Revenue $584.3 $313.9 $1,072.4 $548.1 • Revenue of $584M Inspection & Mitigation Revenue $296.7 $313.9 $531.5 $548.1 Consulting & Engineering Revenu

  7. Slide 7: TIC Solutions 2Q 2026 Combined Key Profitability Metrics

    TIC Solutions 2Q 2026 Combined Key Profitability Metrics ($ in millions) 2Q 2026 2Q 2025 YTD 2026 YTD 2025 2Q 2026 Summary Combined Revenue(1) $584.3 $565.9 $1,072.4 $1,034.2 • Revenue of $584M Inspection & Mitigation Revenue $296.7 $313.9 $531.5 $548.1 • Adjusted Gross Margin(1) of 38.2% Consulting

  8. Slide 8: 2026 Guidance

    2026 Guidance Revenue range of $2,150 – $2,250 million Adjusted EBITDA range of $330 – $355 million 8

  9. Slide 9: Appendix: Non-GAAP Reconciliations

    APPENDIX NON-GAAP RECONCILIATIONS 9

  10. Slide 10: Reconciliation of Adjusted Gross Profit and Adjusted Gross Margin

    Reconciliation of Non-GAAP Financial Measures Adjusted Gross Profit and Adjusted Gross Margin (amounts in thousands) (Unaudited) Inspection & Consulting & Three Months Ended June 30, 2026 Mitigation Engineering Geospatial Total Revenue $ 296,696 $ 206,636 $ 81,015 $ 584,347 Cost of revenue 229,447 1

  11. Slide 11: Reconciliation of Adjusted Gross Profit and Adjusted Gross Margin (Cont'd)

    Reconciliation of Non-GAAP Financial Measures Adjusted Gross Profit and Adjusted Gross Margin (Cont’d) (amounts in thousands) (Unaudited) Inspection & Consulting & Six Months Ended June 30, 2026 Mitigation Engineering Geospatial Total Revenue $ 531,522 $ 394,012 $ 146,842 $ 1,072,376 Cost of revenue

  12. Slide 12: Reconciliation of Adjusted EBITDA and Adjusted EBITDA Margin

    Reconciliation of Non-GAAP Financial Measures Adjusted EBITDA and Adjusted EBITDA Margin (amounts in thousands) (Unaudited) Three Months Ended June 30, Six Months Ended June 30, Combined Combined 2026 2025 2026 2025 2025 2025 Net loss $ (13,342) $ (233) $ 11,455 $ (54,891) $ (26,026) $ (13,910) Prov

  13. Slide 13: Reconciliation of Organic Change in Revenue (NV5 Combined Basis)

    Reconciliation of Non-GAAP Financial Measure Organic Change in Revenue (On an NV5 Combined Basis) (Unaudited) Three Months Ended Six Months Ended June 30, 2026 June 30, 2026 Change in Revenue (As Reported) 86.1% 95.6% Impact from NV5 Revenue(1) 82.8% 91.9% Total Combined Revenue Growth (As Reported)

  14. Slide 14: Reconciliation of Adjusted EPS

    Reconciliation of Non-GAAP Financial Measure Adjusted EPS (amounts in thousands) (Unaudited) Three Months Ended Six Months Ended June 30, 2026 June 30, 2026 Net loss $ (13,342) $ (54,891) Adjustments Amortization of intangible assets 37,186 74,139 Non-cash stock compensation expense 11,325 24,237 Ac

  15. Slide 15: Combined TIC Solutions Revenue Reconciliation

    Reconciliation of Non-GAAP Financial Measure Combined TIC Solutions Revenue Reconciliation Combined Revenue Last Twelve Months Last Twelve Months ($ in millions) Ended June 2026 Ended June 2025 Acuren revenue from Successor period $1,082.3 $1,011.7 Acuren revenue from Predecessor period - $101.5 Com

  16. Slide 16: Thank you!

    We shape and strengthen the physical world. Thank you! 16

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