TEAM INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $896.5M | $852.3M | $862.6M | $840.2M | $794.2M |
| Cost of revenue | $664.8M | $629.1M | $651.5M | $638.6M | $616.5M |
| Gross profit | $231.7M | $223.2M | $211.2M | $201.6M | $177.7M |
| Selling, general & administrative | $217.6M | $213.0M | $224.4M | $241.4M | $246.2M |
| Operating income | $14.1M | $10.1M | -$13.3M | -$39.8M | -$126.9M |
| Interest expense | $44.7M | $47.8M | $55.2M | — | — |
| Pretax income | -$46.6M | -$35.0M | -$71.1M | -$146.8M | -$176.1M |
| Income tax expense | $2.6M | $3.3M | $4.6M | $3.3M | $8.8M |
| Net income | -$49.2M | -$38.3M | -$75.7M | $70.1M | -$186.0M |
| Balance Sheet | |||||
| Cash and equivalents | $18.1M | $35.5M | $35.4M | $58.1M | $55.2M |
| Current assets | $266.4M | $305.1M | $322.1M | $347.6M | $402.3M |
| Total assets | $485.5M | $528.4M | $565.7M | $616.6M | $706.5M |
| Current liabilities | $120.1M | $171.2M | $174.9M | $448.9M | $188.3M |
| Total liabilities | $458.0M | $526.6M | $520.1M | $498.9M | $654.7M |
| Total debt | $297.6M | $328.4M | $317.4M | — | $455.3M |
| Stockholders' equity | -$24.5M | $1.7M | $45.6M | $117.8M | $51.9M |
| Cash Flow Statement | |||||
| Cash from operations | -$11.3M | $22.8M | -$11.0M | -$57.9M | -$35.5M |
| Depreciation and amortization | $34.1M | $36.3M | $37.9M | $37.6M | $41.5M |
| Stock-based compensation | $795,000 | $2.3M | $1.6M | $247,000 | $7.0M |
| Capital expenditure | $9.3M | $9.5M | $10.4M | $24.7M | $17.6M |
| Free cash flow | -$20.6M | $13.3M | -$21.4M | -$82.6M | -$53.1M |
| Impairments | — | — | — | $0 | $64.6M |
Shares outstanding 4.6M · Free float 90.8%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.