secwatch.observer — SEC 8-K summary
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Issuer:     TEAM INC (TISI)
CIK:        0000318833
Form:       8-K
Filed at:   2026-05-13T20:35:40+00:00
Accession:  0000318833-26-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/318833/000031883326000023/0000318833-26-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/318833/000031883326000023/tisi-20260513.htm
  HTML page:      https://secwatch.observer/filing/0000318833-26-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer