---
schema_version: "secwatch.filing_event.v1"
accession: "0000318833-26-000053"
form_type: "8-K"
ticker: "TISI"
cik: "0000318833"
company_name: "TEAM INC"
filed_at: "2026-08-10T21:30:16+00:00"
generated_at: "2026-08-10T21:32:08.815266+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Team Inc Q2 revenue falls to $228.7M; net loss widens; FY26 guidance implies growth

## Summary
- Revenue $228.7M, down 8% YoY from $248.0M; gross margin $54.4M vs $68.1M.
- Net loss $6.8M vs $4.3M loss a year ago; Adjusted EBITDA $12.8M (5.6% of rev) vs $24.5M (9.9%).
- Adjusted SG&A cut $2.1M (4.5%) to $44.7M; company sets structural cost reduction targets.
- FY2026 guidance: midpoint revenue +4%, gross margin +8%, Adjusted EBITDA +16% vs 2025.

## SEC filing metadata
- accession: 0000318833-26-000053
- form_type: 8-K
- ticker: TISI
- cik: 0000318833
- company_name: TEAM INC
- filed_at: 2026-08-10T21:30:16+00:00
- event_type: earnings
- sentiment: negative
- 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/318833/000031883326000053/0000318833-26-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/318833/000031883326000053/tisi-20260810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000318833-26-000053
- JSON: https://secwatch.observer/filing/0000318833-26-000053.json
- Plain text: https://secwatch.observer/filing/0000318833-26-000053.txt

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