---
schema_version: "secwatch.filing_event.v1"
accession: "0000318833-25-000013"
form_type: "8-K"
ticker: "TISI"
cik: "0000318833"
company_name: "TEAM INC"
filed_at: "2025-03-19T23:59:59+00:00"
generated_at: "2026-05-24T12:29:12.314467+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Team Inc. Q4 net loss improves to $7.2M; Adjusted EBITDA up 50.5% to $14.6M

## Summary
- Q4 rev $213.3M (flat); gross margin 26.9% (+330bps); Q4 net loss $7.2M vs $23.1M in Q4 2023.
- Q4 Adj EBITDA $14.6M (6.9% rev), up 50.5% YoY; FY Adj EBITDA $54.3M (6.4% rev), up 27.7%.
- Q4 cash from ops $21.6M, Free Cash Flow $19.6M; FY net loss $38.3M vs $75.7M in 2023.
- Refinancing closed March 2025 extended maturities to 2030; blended rate down >100bps.
- 2025 guidance: mid-single digit rev growth, at least 15% Adj EBITDA growth, target margin >=10%.

## SEC filing metadata
- accession: 0000318833-25-000013
- form_type: 8-K
- ticker: TISI
- cik: 0000318833
- company_name: TEAM INC
- filed_at: 2025-03-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/318833/000031883325000013/0000318833-25-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/318833/000031883325000013/tisi-20250319.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000318833-25-000013
- JSON: https://secwatch.observer/filing/0000318833-25-000013.json
- Plain text: https://secwatch.observer/filing/0000318833-25-000013.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.