Team Reports 8.5 Percent Q2 Revenue Rise
(NYSE:TISI), a provider of inspection, mechanical, and heat-treating services to industrial sectors, reported results for Q2 2025 on August 12, 2025. The earnings report highlighted 8.5% year-over-year growth in GAAP revenue and notable gains in operating metrics, particularly in the Inspection and Heat Treating segment. The quarter did not include published analyst estimates for direct comparison. Adjusted EBITDA improved by 12.4%, and cost optimization measures supported operating margin expansion. Despite operational progress, the company’s net loss (GAAP) widened compared to the prior year, and Free cash flow (non-GAAP) remained negative. Overall, the quarter showed Team advancing on its transformation initiatives, with strong performance in key segments but continued challenges from GAAP net losses and increased debt levels.
Team is an industrial services company delivering a range of inspection, heat-treating, and mechanical services to ensure asset integrity for customers in energy, manufacturing, and other critical industries. Its main offerings include non-destructive testing, which detects flaws in materials or structures, mechanical services such as repairs, and specialized heat-treating processes that alter material properties for durability and performance. The company operates in 13 countries and serves a broad customer base, with no single client accounting for more than 10 % of revenue.
In recent years, Team has focused on transformation efforts aimed at operational efficiency, margin improvement, and diversification of both services and industries served. A key success factor is its ability to provide integrated solutions, combining inspection, engineering, and repair in a single package. Regulatory compliance and the technical expertise of its workforce are also central to its competitive position, allowing it to navigate complex industry requirements and deliver reliable services to customers across sectors.
Source Fool.com