Tic Solutions, Inc. · NYSE:TIC

Tic Solutions — Q4 2025 Earnings Presentation

15 slides from Tic Solutions's earnings presentation, Mar 12, 2026

  1. Slide 1: 4Q 2025 Earnings Presentation

    4Q 2025 Earnings Presentation March 12, 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. This presentation contains EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Gross Profit, Adjusted

  3. Slide 3: TIC Solutions at a Glance: Company Overview

    TIC Solutions at a Glance: Company Overview A complete asset lifecycle performance and integrity platform providing TICC, engineering, and geospatial services across critical industries Core Segments(1): Inspection & Mitigation (I&M) Consulting Engineering (CE) Geospatial (GEO) ~34% of Revenue (~$70

  4. Slide 4: TIC Solutions at a Glance: Investment Highlights

    TIC Solutions at a Glance: Investment Highlights Market-Leading North American Provider of Tech-Enabled Testing, 1 Inspection, Certification, and Compliance (TICC), Engineering, and Geospatial Services Services are Mission Critical, Non-Discretionary, 2 and Often Recurring or Programmatic Highly Div

  5. Slide 5: 4Q 2025 Performance Highlights

    TIC Solutions 4Q 2025 Performance Highlights Acuren & NV5 Combined Revenue Adjusted Gross Profit(1) Adjusted EBITDA(1) FY2024 vs. FY2025 Revenue(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 period

  6. Slide 6: 4Q 2025 & FY 2025 As Reported Key Profitability Metrics

    TIC Solutions 4Q 2025 & FY 2025 As Reported Key Profitability Metrics Successor period ($ in millions, except per share amounts) 4Q 2025 4Q 2024 FY 2025 4Q 2025 Summary Revenue $508.3 $262.0 $1,530.3 Inspection & Mitigation Revenue $257.6 $262.0 $1,098.9 • Revenue of $508M Consulting Engineering Rev

  7. Slide 7: 4Q 2025 & FY 2025 Combined Key Profitability Metrics

    TIC Solutions 4Q 2025 & FY 2025 Combined Key Profitability Metrics ($ in millions) 4Q 2025 4Q 2024 FY 2025 4Q 2025 Summary (1) Combined Revenue $508.3 $508.6 $2,111.1 • Revenue of $508M Inspection & Mitigation Revenue $257.6 $262.0 $1,098.9 Consulting Engineering Revenue 180.6 177.6 714.0 • Adjusted

  8. Slide 8: FY 2025 Key Cash Flow and Debt Balances

    TIC Solutions FY 2025 Key Cash Flow and Debt Balances Three Months Ended Year Ended Cash Flow December 31, December 31, ($ in millions) 2025 2024 2025 2024 Cash Flow from Operating Activities $49.7 $20.7 $95.0 $23.1 Less: Capital Expenditures ($12.6) ($9.8) ($33.8) ($27.6) Free Cash Flow $37.1 $10.9

  9. Slide 9: 2026 Full Year Outlook

    TIC Solutions 2026 Full Year Outlook Combined Revenue(1) for Fiscal Years Combined Adj. EBITDA(1) for Fiscal Years ($ in millions) ($ in millions) $2,150 – $2,250 $2,039 $2,111 $1,907 $330 – $330 $355 $941 $301 $312 $857 $143 $134 $1,050 $1,098 $167 $187 2023 2024 2025 2026 2023 2024 2025 2026 Acure

  10. Slide 10: Appendix – Non-GAAP Reconciliations

    Appendix – Non-GAAP Reconciliations 10

  11. Slide 11: Reconciliation of Non-GAAP Financial Measures: Adjusted Gross Profit and Adjusted Gross Margin

    Reconciliation of Non-GAAP Financial Measures Adjusted Gross Profit and Adjusted Gross Margin (amounts in thousands) (Unaudited) Three Months Ended Dec 31, Year Ended Dec 31, Combined 2024 Combined 2025 (Predecessor + Successor 2025 Successor 2024 (Acuren + NV5) Successor 2025 Successor) Successor p

  12. Slide 12: Reconciliation of Non-GAAP Financial Measures: 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 Dec 31, Twelve Months Ended Dec 31, Combined 2025 Combined 2024 Successor 2025 Successor 2024 (Acuren + NV5) Successor 2025 (Pre + Succ) Successor period Net

  13. Slide 13: Reconciliation of Non-GAAP Financial Measure: Organic Change in Revenue

    Reconciliation of Non-GAAP Financial Measure Organic Change in Revenue (On an NV5 Combined Basis) (Unaudited) Three Months Ended Year Ended Successor period Dec 31, 2025 Dec 31, 2025 Change in Revenue (As Reported) 94.0% 39.4% Impact from NV5 Revenue(1) 94.1% 35.8% Total Combined Growth (As Reported

  14. Slide 14: Reconciliation of Non-GAAP Financial Measure: Combined Revenue Reconciliation

    Reconciliation of Non-GAAP Financial Measure Combined Revenue Reconciliation Fiscal Year ended Fiscal Year ended Fiscal Year ended Combined Revenue December 2025 December 2024 December 2023 ($ in millions) (FY 2025) (FY 2024) (FY 2023) Acuren revenue from Successor period $1,098.9 $463.5 - Acuren re

  15. Slide 15: Thank you!

    TiC Solutions Thank you!

TIC Solutions — Q4 2025 Earnings Presentation on 6ix