Team Inc. posts Q1 revenue $215.1M (+8.3% YoY); net loss improves $18.4M to $11.3M

TEAM INC

2026-Q1 EPS reported -$3.12 revenue$215,056,000

Revenue $215.1M, up 8.3% YoY; gross margin $50.2M, up 6.1%.
Net loss $11.3M, improvement of $18.4M from prior year; Adjusted EBITDA $7.7M, up 45.2%.
Adjusted SG&A improved to 21.2% of revenue from 22.7%.
FY2026 guidance: revenue +~4%, gross margin +~8%, Adj. EBITDA +~16% at midpoint vs FY2025.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.97

TEAM INC reported the quarter ended March 31, 2026 results: revenue $215.1 million, net income net loss of $11.3 million. Guidance reaffirmed.

Period: the quarter ended March 31, 2026
Revenue: $215.1 million
Net income: net loss of $11.3 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

reported its financial results for the quarter ended March 31, 2026. The Company also provided guidance for the full year 2026. First Quarter 2026 Highlights: • Grew revenue to $215.1 million, up $16.4 million, or 8.3%, over the first quarter of 2025. • Generated gross margin of $50.2 million, up $2.9 million, or 6.1%, over the first quarter of 2025. • Reported a net

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TEAM INC filing history →

Source: SEC EDGAR

accession 0000318833-26-000023

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