TEAM INC Posts $2.15 Q2 Loss Per Share, Holds Full-Year Outlook Steady
TISI sits 34% above its 52-week low of $12.34 on elevated volume (2.3× avg).
Summary
TEAM INC reported a Q2 2026 net loss of $2.15 per share, missing the improving trend from Q1, but maintained full-year guidance that implies a sharp second-half recovery. The balance sheet remains highly leveraged, raising execution risk.
Key Events · Earnings and Guidance · TISI
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Q2 Loss Widens to $2.15/Share
Net loss reached $6.8 million, or $2.15 per share, compared with a $4.3 million loss ($0.95/share) in Q2 2025. Revenue fell 7.8% to $228.7 million, driven by deferred turnaround activity in core oil and gas markets.
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Full-Year Guidance Maintained
Management reiterated 2026 guidance of $920–$945 million in revenue and $68–$73 million in Adjusted EBITDA, implying a significant second-half recovery. However, results are expected to track toward the lower end of ranges until deferred activity returns.
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Structural Cost Program Announced
A cost improvement program was launched, targeting $8–$15 million in savings in 2026, with a full run-rate goal of $20–$35 million, aimed at protecting profitability amid top-line softness.
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Liquidity Remains Tight
As of June 30, 2026, total liquidity stood at $51.2 million, with $22.3 million in cash and $28.9 million available under the ABL facility. Total debt was $326.3 million, leaving net debt at $300.3 million.
Analysis · TISI · Trade & Services
A net loss of $6.8 million, or $2.15 per share, on revenue of $228.7 million marked a steeper decline than the prior-year period and reversed the improving trend seen in Q1. Deferred turnaround activity in core oil and gas markets pressured margins, pushing Adjusted EBITDA down to $12.8 million from $24.5 million a year ago. Despite the soft quarter, management maintained full-year 2026 guidance of $920–$945 million in revenue and $68–$73 million in Adjusted EBITDA, implying a significant second-half ramp. The balance sheet remains stretched with $326.3 million in total debt and just $51.2 million in total liquidity, leaving little room for error if the expected recovery in turnaround activity fails to materialize.
How filings like this one have moved
In the 30 days to Oct 17, 2026, 29.7% of the 1528 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.47%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, TISI was trading at $16.55 on NYSE in the Trade & Services sector, with a market capitalization of approximately $75.7M. The 52-week trading range was $12.34 to $19.99. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.