Company research
TEAM INC
CIK 318833Updated Sep 24, 2026
SecurityTISI · NYSE · equity
TISI price & chart
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NYSE:TISI on TradingView ↗About the company
Headquartered in Sugar Land, Texas, Team, Inc. (NYSE: TISI) is a global, leading provider of specialty industrial services offering customers access to a full suite of conventional, specialized, and proprietary inspection, heat-treating, and mechanical services. We deploy conventional to highly specialized inspection, condition assessment, maintenance, and repair services that result in greater safety, reliability, and operational efficiency for our customers’ most critical assets. Through locations in 13 countries, we unite the delivery of technological innovation with over a century of progressive, yet proven integrity and reliability management expertise to fuel a better tomorrow. For more information, please visit www.teaminc.com.
In the news
TEAM, INC. Schedules Second Quarter 2026 Earnings Release and Conference Call ↗
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Team, Inc. (NYSE: TISI) News provided by Purcell & Lefkowitz LLP Jan 02, 2025, 08:38 ET Share this article Share to X Share this article Share to X NEW YORK , Jan. 2, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announ ↗
Recent filings
Entry into a Material Definitive Agreement · Regulation FD Disclosure
Items 1.01, 7.01, 9.01
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
SCHEDULE 13D/A filing
4 filing
Show 5 more recent filings
SCHEDULE 13D filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
11-K filing
S-8 filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 485,453,000Source | 528,365,000Source | 565,744,000Source | 616,645,000Source |
| GoodwillUSD | — | — | — | 0Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 18,145,000Source | 35,545,000Source | 35,427,000Source | 58,075,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 177,884,000Source | 172,645,000Source | 181,185,000Source | 186,689,000Source |
| Inventory, NetUSD | 41,384,000Source | 37,874,000Source | 38,853,000Source | 36,331,000Source |
| Assets, CurrentUSD | 266,405,000Source | 305,103,000Source | 322,101,000Source | 347,553,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 27,950,000Source | 58,643,000Source | 65,992,000Source | 65,679,000Source |
| Operating Lease, Right-of-Use AssetUSD | 49,849,000Source | 40,407,000Source | 40,498,000Source | 48,462,000Source |
| Other Assets, NoncurrentUSD | 14,044,000Source | 13,427,000Source | 7,847,000Source | 6,351,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 457,983,000Source | 526,627,000Source | 520,148,000Source | 498,885,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 1,360,000Source | 1,348,000Source | 1,315,000Source | 1,303,000Source |
| Additional Paid in CapitalUSD | 475,829,000Source | 460,186,000Source | 458,614,000Source | 457,133,000Source |
| Retained Earnings (Accumulated Deficit)USD | -464,877,000Source | -415,667,000Source | -377,401,000Source | -301,679,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -36,793,000Source | -44,129,000Source | -36,932,000Source | -38,997,000Source |
| Stockholders' Equity Attributable to ParentUSD | -24,481,000Source | 1,738,000Source | 45,596,000Source | 117,760,000Source |
| Liabilities and EquityUSD | 485,453,000Source | 528,365,000Source | 565,744,000Source | 616,645,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 120,055,000Source | 171,248,000Source | 174,938,000Source | 448,864,000Source |
| Operating Lease, Liability, CurrentUSD | 16,476,000Source | 14,790,000Source | 14,232,000Source | 13,823,000Source |
| Accounts Payable, CurrentUSD | 42,010,000Source | 42,091,000Source | 36,389,000Source | 32,524,000Source |
| Operating Lease, Liability, NoncurrentUSD | 35,910,000Source | 28,631,000Source | 29,962,000Source | 38,819,000Source |
| Deferred Income Tax Liabilities, NetUSD | 4,984,000Source | 4,965,000Source | 5,742,000Source | 3,661,000Source |
| Other Liabilities, NoncurrentUSD | 3,691,000Source | 3,157,000Source | 3,292,000Source | 2,599,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 56,724,000Source | 105,228,000Source | 118,089,000Source | 119,267,000Source |
| Deferred Tax Liabilities, NetUSD | 3,450,000Source | 3,383,000Source | 4,517,000Source | 3,286,000Source |
| Long-term DebtUSD | 288,526,000Source | 319,968,000Source | 305,670,000Source | 239,383,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 34,082,000Source | 36,295,000Source | 37,872,000Source | 37,595,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 795,000Source | 2,273,000Source | 1,590,000Source | 247,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 3,641,000Source | -3,736,000Source | -7,335,000Source | 33,483,000Source |
| Increase (Decrease) in InventoriesUSD | 2,636,000Source | 40,000Source | 2,058,000Source | 1,655,000Source |
| Increase (Decrease) in Accounts PayableUSD | -2,932,000Source | 6,582,000Source | 2,818,000Source | -13,291,000Source |
| Deferred Income Tax Expense (Benefit)USD | -46,000Source | -1,024,000Source | 1,275,000Source | 1,685,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -11,348,000Source | 22,767,000Source | -10,986,000Source | -57,935,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -9,061,000Source | -9,298,000Source | -10,016,000Source | 243,356,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 9,289,000Source | 9,465,000Source | 10,430,000Source | 24,690,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 2,807,000Source | -12,747,000Source | -1,899,000Source | -191,971,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -2,813,000Source | 492,000Source | -1,047,000Source | -887,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -17,400,000Source | 118,000Source | -22,648,000Source | -7,240,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 18,145,000Source | 35,545,000Source | 35,427,000Source | 58,075,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 30,296,000Source | 24,851,000Source | 19,503,000Source | 29,187,000Source |
| Income Taxes Paid, NetUSD | 2,884,000Source | 2,410,000Source | 3,921,000Source | -553,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 202,000Source | -604,000Source | 253,000Source | -690,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 800,000Source | 2,300,000Source | 1,600,000Source | 200,000Source |
| Amortization of Debt Issuance CostsUSD | — | — | — | 21,800,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 5,065,000Source | 6,226,000Source | 18,725,000Source | 35,509,000Source |
| Amortization of Intangible AssetsUSD | 12,400,000Source | 12,400,000Source | 12,700,000Source | 12,900,000Source |
| Capitalized Computer Software, AmortizationUSD | 1,400,000Source | 2,300,000Source | — | — |
| DepreciationUSD | 18,578,000Source | 20,500,000Source | 21,800,000Source | 22,900,000Source |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on DisposalUSD | — | — | 0Source | 203,351,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -3,274,000Source | 2,231,000Source | -734,000Source | -1,698,000Source |
| Gain (Loss) on Disposition of AssetsUSD | 226,000Source | -7,000Source | 231,000Source | 4,721,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | 200,000Source | 4,200,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | -13,136,000Source | 0Source | -1,585,000Source | -30,083,000Source |
| GoodwillUSD | — | — | — | 0Source |
| Goodwill, Impairment LossUSD | — | — | — | 0Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 0Source | 0Source | 0Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | -75,722,000Source | -150,087,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | 0Source | 220,166,000Source |
| Income Tax Expense (Benefit)USD | 2,580,000Source | 3,276,000Source | 4,578,000Source | 3,306,000Source |
| InterestExpenseNonoperatingUSD | 44,676,000Source | 47,808,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -49,210,000Source | -38,266,000Source | -75,722,000Source | 70,079,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -52,661,000Source | — | — | — |
| Operating Lease, ExpenseUSD | 39,100,000Source | 36,900,000Source | 36,400,000Source | 37,300,000Source |
| Other Nonoperating Income (Expense)USD | -2,889,000Source | 2,682,000Source | -1,102,000Source | 8,156,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | 0Source | 9,639,000Source |
| Provision for Loan, Lease, and Other LossesUSD | 3,080,000Source | 1,474,000Source | 1,680,000Source | 1,059,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 896,483,000Source | 852,272,000Source | 862,615,000Source | 840,208,000Source |
| Cost of RevenueUSD | 664,775,000Source | 629,122,000Source | 651,461,000Source | 638,597,000Source |
| Selling, General and Administrative ExpenseUSD | 217,637,000Source | 213,014,000Source | 224,430,000Source | 241,397,000Source |
| Operating Income (Loss)USD | 14,071,000Source | 10,136,000Source | -13,276,000Source | -39,802,000Source |
| Other Nonoperating Income (Expense)USD | -2,889,000Source | 2,682,000Source | -1,102,000Source | 8,156,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -46,630,000Source | -34,990,000Source | -71,144,000Source | -146,781,000Source |
| Income Tax Expense (Benefit)USD | 2,580,000Source | 3,276,000Source | 4,578,000Source | 3,306,000Source |
| Net Income (Loss) Attributable to ParentUSD | -49,210,000Source | -38,266,000Source | -75,722,000Source | 70,079,000Source |
| Earnings Per Share, BasicUSD per share | -11.7Source | -8.64Source | -17.32Source | 16.73Source |
| Earnings Per Share, DilutedUSD per share | -11.7Source | -8.64Source | — | 16.73Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 4,501,000Source | 4,429,000Source | 4,371,000Source | 4,187,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 4,501,000Source | 4,429,000Source | — | 4,187,000Source |
| Interest Expense (non-operating)USD | 44,676,000Source | 47,808,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 12,400,000Source | 12,400,000Source | 12,700,000Source | 12,900,000Source |
| Capitalized Computer Software, AmortizationUSD | 1,400,000Source | 2,300,000Source | — | — |
| Current Income Tax Expense (Benefit)USD | 2,626,000Source | 4,300,000Source | 3,303,000Source | 1,621,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -3,274,000Source | 2,231,000Source | -734,000Source | -1,698,000Source |
| Goodwill, Impairment LossUSD | — | — | — | 0Source |
| Gross ProfitUSD | 231,708,000Source | 223,150,000Source | 211,154,000Source | 201,611,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | — | -75,722,000Source | -150,087,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -53,056,000Source | -42,477,000Source | -86,077,000Source | -156,001,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | — | -17.32Source | -35.85Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | — | — | -35.85Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | — | — | 0Source | 220,166,000Source |
| Interest Expense, DebtUSD | — | — | 55,181,000Source | 85,052,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -52,661,000Source | — | — | — |
| Operating Lease, ExpenseUSD | 39,100,000Source | 36,900,000Source | 36,400,000Source | 37,300,000Source |
Filing attachments
d55393dex991.htm · 8-K · 2026-08-11
EX-99.1 3 d55393dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE TEAM, INC. Announces Stellex Capital Management Has Become Its Largest Common Equity Shareholder Following Significant Additional Investment SUGAR LAND, TX - August 10, 2026 - Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global, leading provider of specialty industrial services offering customers access to a full suite of conventional, specialized, and proprietary inspection, heat-treat…
Read attachment ↗d45852dex991.htm · 8-K · 2026-01-26
EX-99.1 3 d45852dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE TEAM, INC. ANNOUNCES PLANNED LEADERSHIP TRANSITION AND NAMES GARY HILL AS CHIEF EXECUTIVE OFFICER SUGAR LAND, TX - January 26, 2026 - Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a leading provider of specialty industrial services offering a full suite of mechanical, heat-treating, and inspection services around the world, today announced that Keith Tucker will retire from Team after over…
Read attachment ↗d866877dex991.htm · 8-K · 2025-10-27
EX-99.1 2 d866877dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE TEAM, INC. ANNOUNCES CHANGES TO ITS BOARD OF DIRECTORS SUGAR LAND, TX - October 27, 2025 - Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a global, leading provider of specialty industrial services offering clients access to a full suite of conventional, specialized, and proprietary mechanical, heat-treating, and inspection services, today announced the following changes to the Board of Dir…
Read attachment ↗d39655dex107.htm · 8-K · 2025-09-15
EX-10.7 11 d39655dex107.htm EX-10.7 EX-10.7 Exhibit 10.7 EXECUTION AMENDMENT NO. 7 TO CREDIT AGREEMENT This AMENDMENT NO. 7 TO CREDIT AGREEMENT (this “Amendment”), dated as of September 11, 2025, is among TEAM, INC., a Delaware corporation (the “Borrower Agent”), the Guarantors party hereto, each of the Lenders party hereto and ECLIPSE BUSINESS CAPITAL LLC, acting not individually but as agent on behalf of, and for the benefit of, the Lenders and all other Secured Parties (in such capaci…
Read attachment ↗d39655dex41.htm · 8-K · 2025-09-15
EX-4.1 3 d39655dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 Execution Version THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY BE TRANSFERRED, SOLD OR OTHERWISE DISPOSED OF ONLY IF SUCH SECURITIES HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND ANY APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT OR SUCH STATE SECURITIES LAWS. WARR…
Read attachment ↗d39655dex42.htm · 8-K · 2025-09-15
EX-4.2 4 d39655dex42.htm EX-4.2 EX-4.2 Exhibit 4.2 Execution Version THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY BE TRANSFERRED, SOLD OR OTHERWISE DISPOSED OF ONLY IF SUCH SECURITIES HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND ANY APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT OR SUCH STATE SECURITIES LAWS. WARR…
Read attachment ↗