Team, Inc. Reports Strong Q1 2026 Earnings with Revenue Growth
- Significant Revenue Growth: In Q1 2026, Team, Inc. reported revenue of $215 million, an 8.3% year-over-year increase, marking the highest Q1 revenue since 2019, reflecting strong performance in both Inspection and Heat Treating and Mechanical Services segments, thereby enhancing market competitiveness.
- Profitability Gains: Adjusted EBITDA surged by 45.2% to $7.7 million, with a 90 basis point improvement in EBITDA margin, indicating substantial progress in cost control and operational efficiency, which has driven overall profitability enhancements.
- Clear Guidance Outlook: Management forecasts full-year 2026 revenue growth of approximately 4%, with expectations set between $920 million and $945 million, and gross margin projected between $240 million and $260 million, demonstrating confidence in future growth and clarity in strategic planning.
- Focus on Sustainable Growth: Management emphasized prioritizing healthy, sustainable growth while reducing cyclical fluctuations, with plans to provide more detailed cost reduction measures in Q2, aiming for long-term financial stability through optimized working capital and cash flow generation.
Trade with 70% Backtested Accuracy
Analyst Views on TISI
About TISI
About the author
Teampress Reports Q1 2025 Financial Results with Revenue Growth
- Financial Highlights: Teampress's Q1 2025 report reveals a Non-GAAP EPS of -$2.76, with revenue reaching $215.1 million, an 8.3% year-over-year increase, demonstrating resilience amidst challenges.
- Revenue Guidance: The company projects total revenue between $920 million and $945 million for 2025, indicating a 4% growth at the midpoint compared to 2025, reflecting management's optimistic outlook for future performance.
- Gross Margin Improvement: Expected gross margin is between $240 million and $260 million, representing an approximate 8% increase at the midpoint compared to 2025, which will enhance the company's profitability and competitive position in the market.
- EBITDA Growth: Adjusted EBITDA is anticipated to be between $68 million and $73 million, reflecting a 16% increase at the midpoint compared to 2025, showcasing the growth potential and strategic direction under the new CEO's leadership.
Team Inc. Reports 5.4% Revenue Growth in Q4 2025
- Revenue Growth: Team Inc. reported a year-over-year revenue increase of 5.4% in Q4 2025, translating to an additional $11.5 million, primarily driven by an 8.9% growth in the Mechanical Services segment and a 1.9% increase in Inspection and Heat Treating, indicating a focus on higher-margin opportunities.
- Capital Structure Optimization: The company successfully refinanced its capital structure, reducing the blended interest rate by over 100 basis points and extending term loan maturities to 2030, which enhanced financial flexibility and reduced net debt to $279 million.
- EBITDA Improvement: Team Inc. achieved an adjusted EBITDA of $60.7 million for 2025, marking a 12% improvement over 2024, with the EBITDA margin expanding from 6.4% to nearly 7%, reflecting significant progress in cost efficiency and margin expansion.
- Market Challenges: Despite improvements, Team Inc. still faces challenges in simplifying its business and strengthening its capital structure, and the lack of guidance for fiscal year 2026 due to the CEO transition highlights ongoing difficulties in expanding market share and accelerating revenue growth.
Team Inc Reports Q4 2023 Financial Results
- Financial Performance: Team Inc reported a GAAP EPS of -$1.47 for Q4 2023, indicating challenges in profitability, although revenue increased by 5.4% year-over-year to $224.8 million, suggesting improved sales capabilities in the market.
- Revenue Growth: Despite the loss, Team Inc's revenue growth of 5.4% to $224.8 million reflects positive performance in customer demand and market share, potentially laying the groundwork for future profitability.
- Executive Appointment: The company appointed Gary Hill as CEO, aiming to drive strategic transformation through new leadership, enhance operational efficiency, and improve financial performance in response to current market challenges.
- Outlook Reaffirmation: Team Inc reaffirmed its outlook for 2025, indicating a commitment to long-term growth objectives despite current financial struggles, demonstrating management's confidence in future market opportunities.
Team, Inc. Reveals Schedule for Third Quarter Earnings Release and Conference Call
Earnings Release Announcement: Team, Inc. will release its third quarter 2025 earnings on November 12, 2025, after market close, and will hold a conference call on November 13, 2025, at 10:00 a.m. Central Time to discuss the results.
Participation Details: Interested participants can join the conference call toll-free in the U.S. at (877) 270-2148 or internationally at (412) 902-6510, and the call will also be available via webcast on the company's website.
Company Overview: Team, Inc., based in Sugar Land, Texas, is a leading provider of specialty industrial services, offering a range of mechanical, heat-treating, and inspection services across more than 20 countries.
Commitment to Safety and Efficiency: The company focuses on delivering technological innovation and expertise to enhance safety, reliability, and operational efficiency for its customers' critical assets.
Team, Inc. Reveals Updates to Its Board of Directors
Board Changes: Team, Inc. announced the appointment of K. Niclas Ytterdahl and Michael D. Stewart to its Board of Directors, effective October 24, 2025, following an investment agreement with Stellex Capital Management. Jeffery G. Davis will step down from the Board at the end of 2025.
Leadership Transition: Michael J. Caliel has returned to the role of Chairman of the Board, having previously served as Executive Chairman, during which the company improved its operations and financial performance.
Board Composition: Following the recent changes, the Board will consist of nine members, reducing to eight after Mr. Davis's departure.
Company Overview: Team, Inc. is a global provider of specialty industrial services, offering a range of mechanical, heat-treating, and inspection services to enhance safety and operational efficiency for critical assets across more than 13 countries.
Team, Inc. Reveals Private Placement of Preferred Shares
Transaction Overview: Team, Inc. has successfully closed a $75 million private placement of preferred stock and warrants with Stellex Capital Management, which will reduce debt and enhance financial flexibility.
Debt Repayment and Facility Amendments: The proceeds will be used to pay down approximately $67 million of debt, and amendments to existing credit facilities will increase commitment amounts and reduce applicable margins, extending maturity to October 2028.
Strategic Partnership: The investment marks the beginning of a strategic partnership with Stellex, which will also have the right to nominate two members to Team's Board of Directors, aligning with the company's focus on growth and employee development.
Future Growth Potential: Stellex expresses confidence in Team's fundamentals and aims to unlock further growth potential through operational improvements and technological advancements, supporting Team's long-term value creation strategy.
Teampress Reports Q1 2025 Financial Results with Revenue Growth
- Financial Highlights: Teampress's Q1 2025 report reveals a Non-GAAP EPS of -$2.76, with revenue reaching $215.1 million, an 8.3% year-over-year increase, demonstrating resilience amidst challenges.
- Revenue Guidance: The company projects total revenue between $920 million and $945 million for 2025, indicating a 4% growth at the midpoint compared to 2025, reflecting management's optimistic outlook for future performance.
- Gross Margin Improvement: Expected gross margin is between $240 million and $260 million, representing an approximate 8% increase at the midpoint compared to 2025, which will enhance the company's profitability and competitive position in the market.
- EBITDA Growth: Adjusted EBITDA is anticipated to be between $68 million and $73 million, reflecting a 16% increase at the midpoint compared to 2025, showcasing the growth potential and strategic direction under the new CEO's leadership.
Team Inc. Reports 5.4% Revenue Growth in Q4 2025
- Revenue Growth: Team Inc. reported a year-over-year revenue increase of 5.4% in Q4 2025, translating to an additional $11.5 million, primarily driven by an 8.9% growth in the Mechanical Services segment and a 1.9% increase in Inspection and Heat Treating, indicating a focus on higher-margin opportunities.
- Capital Structure Optimization: The company successfully refinanced its capital structure, reducing the blended interest rate by over 100 basis points and extending term loan maturities to 2030, which enhanced financial flexibility and reduced net debt to $279 million.
- EBITDA Improvement: Team Inc. achieved an adjusted EBITDA of $60.7 million for 2025, marking a 12% improvement over 2024, with the EBITDA margin expanding from 6.4% to nearly 7%, reflecting significant progress in cost efficiency and margin expansion.
- Market Challenges: Despite improvements, Team Inc. still faces challenges in simplifying its business and strengthening its capital structure, and the lack of guidance for fiscal year 2026 due to the CEO transition highlights ongoing difficulties in expanding market share and accelerating revenue growth.
Team Inc Reports Q4 2023 Financial Results
- Financial Performance: Team Inc reported a GAAP EPS of -$1.47 for Q4 2023, indicating challenges in profitability, although revenue increased by 5.4% year-over-year to $224.8 million, suggesting improved sales capabilities in the market.
- Revenue Growth: Despite the loss, Team Inc's revenue growth of 5.4% to $224.8 million reflects positive performance in customer demand and market share, potentially laying the groundwork for future profitability.
- Executive Appointment: The company appointed Gary Hill as CEO, aiming to drive strategic transformation through new leadership, enhance operational efficiency, and improve financial performance in response to current market challenges.
- Outlook Reaffirmation: Team Inc reaffirmed its outlook for 2025, indicating a commitment to long-term growth objectives despite current financial struggles, demonstrating management's confidence in future market opportunities.
Team, Inc. Reveals Schedule for Third Quarter Earnings Release and Conference Call
Earnings Release Announcement: Team, Inc. will release its third quarter 2025 earnings on November 12, 2025, after market close, and will hold a conference call on November 13, 2025, at 10:00 a.m. Central Time to discuss the results.
Participation Details: Interested participants can join the conference call toll-free in the U.S. at (877) 270-2148 or internationally at (412) 902-6510, and the call will also be available via webcast on the company's website.
Company Overview: Team, Inc., based in Sugar Land, Texas, is a leading provider of specialty industrial services, offering a range of mechanical, heat-treating, and inspection services across more than 20 countries.
Commitment to Safety and Efficiency: The company focuses on delivering technological innovation and expertise to enhance safety, reliability, and operational efficiency for its customers' critical assets.
Team, Inc. Reveals Updates to Its Board of Directors
Board Changes: Team, Inc. announced the appointment of K. Niclas Ytterdahl and Michael D. Stewart to its Board of Directors, effective October 24, 2025, following an investment agreement with Stellex Capital Management. Jeffery G. Davis will step down from the Board at the end of 2025.
Leadership Transition: Michael J. Caliel has returned to the role of Chairman of the Board, having previously served as Executive Chairman, during which the company improved its operations and financial performance.
Board Composition: Following the recent changes, the Board will consist of nine members, reducing to eight after Mr. Davis's departure.
Company Overview: Team, Inc. is a global provider of specialty industrial services, offering a range of mechanical, heat-treating, and inspection services to enhance safety and operational efficiency for critical assets across more than 13 countries.
Team, Inc. Reveals Private Placement of Preferred Shares
Transaction Overview: Team, Inc. has successfully closed a $75 million private placement of preferred stock and warrants with Stellex Capital Management, which will reduce debt and enhance financial flexibility.
Debt Repayment and Facility Amendments: The proceeds will be used to pay down approximately $67 million of debt, and amendments to existing credit facilities will increase commitment amounts and reduce applicable margins, extending maturity to October 2028.
Strategic Partnership: The investment marks the beginning of a strategic partnership with Stellex, which will also have the right to nominate two members to Team's Board of Directors, aligning with the company's focus on growth and employee development.
Future Growth Potential: Stellex expresses confidence in Team's fundamentals and aims to unlock further growth potential through operational improvements and technological advancements, supporting Team's long-term value creation strategy.
