---
schema_version: "secwatch.filing_event.v1"
accession: "0000318833-25-000069"
form_type: "8-K"
ticker: "TISI"
cik: "0000318833"
company_name: "TEAM INC"
filed_at: "2025-11-12T23:59:59+00:00"
generated_at: "2026-05-16T21:53:09.199960+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Team Inc. Q3 revenue up 6.7% to $225M, Adjusted EBITDA rises 28.6%

## Summary
- Revenue $225.0M, up 6.7% YoY; gross margin $58.0M, up 8.4%.
- Net loss $11.4M; Adjusted EBITDA $14.5M (6.5% of revenue), up 28.6% from $11.3M.
- Adjusted SG&A improved to 20.8% of revenue from 21.7% in prior-year Q3.
- Closed $75M preferred stock private placement in September, reducing debt and improving financial flexibility.

## SEC filing metadata
- accession: 0000318833-25-000069
- form_type: 8-K
- ticker: TISI
- cik: 0000318833
- company_name: TEAM INC
- filed_at: 2025-11-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/318833/000031883325000069/0000318833-25-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/318833/000031883325000069/tisi-20251112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000318833-25-000069
- JSON: https://secwatch.observer/filing/0000318833-25-000069.json
- Plain text: https://secwatch.observer/filing/0000318833-25-000069.txt

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