With first-time 2026 guidance highlighting 16% EBITDA growth, watch for continued margin expansion and cash flow generation. Key catalysts: execution on cost efficiency initiatives and debt reduction. Monitor Q2 results and any updates to the go-forward plan expected on the Q2 call. The stock may re-rate if EBITDA margins trend toward the 10% high end of guidance.
Price Chart
Executive Summary
Team, Inc. reported Q1 2026 revenue of $215.1M (+8.3% YoY) and improved net loss of $11.3M vs $29.7M loss a year ago. Adjusted EBITDA surged 45.2% to $7.7M. Critically, management issued first-time FY2026 guidance calling for revenue of $920-945M and Adjusted EBITDA of $68-73M (+16% YoY at midpoint), signaling accelerating profitability.
Key Financial Metrics
Key Facts
- Q1 2026 revenue $215.1M, +8.3% YoY (highest Q1 since 2019)
- Net loss narrowed to $11.3M from $29.7M in Q1 2025
- Adjusted EBITDA $7.7M, +45.2% YoY; margin improved 90 bps to 3.6%
- FY2026 guidance initiated: revenue $920-945M, Adj. EBITDA $68-73M, gross margin $240-260M
- Operating cash flow improved to -$9.1M from -$28.7M in prior year quarter
- Total debt $306.5M, net debt $293.7M at quarter end
Financial Impact
Revenue growth accelerating; EBITDA guidance midpoint implies ~16% YoY improvement; net loss improving but still negative
Risk Factors
- High net debt of $293.7M and negative shareholders' equity of $39.4M
- Execution risk on 2026 guidance, especially margin expansion
- Macro sensitivity: Middle East volatility, tariffs, energy price swings
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000318833-26-000023 |
| Document: tisi-20260513.htm | 0000318833-26-000023 |
| Document: 0000318833-26-000023-index-headers.html | 0000318833-26-000023 |
| Document: 0000318833-26-000023-index.html | 0000318833-26-000023 |
| Document: 0000318833-26-000023.txt | 0000318833-26-000023 |
| 8-K Data (Synthetic) | 0000318833-26-000023 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 8, 2026 18d ago | 3 | $26.53 | awaiting T+60 | — | $23.81 (−10.25%) |
Oct 6, 2026 20d ago | 8-K | $27.59 | awaiting T+60 | — | $23.81 (−13.70%) |
Aug 25, 2026 8w ago | Insider Cluster | $24.09 | awaiting T+60 | — | $23.81 (−1.16%) |
Aug 21, 2026 9w ago | Insider Cluster | $22.72 | awaiting T+60 | — | $23.81 (+4.80%) |
Aug 17, 2026 10w ago | Insider Cluster | $22.36 | awaiting T+60 | — | $23.81 (−6.48%) |
Aug 10, 2026 11w ago | Press Release | $22.71 | awaiting T+60 | — | $23.81 (+4.84%) |
Aug 10, 2026 11w ago | Press Release | $22.71 | awaiting T+60 | — | $23.81 (−4.84%) |
Aug 6, 2026 11w ago | Press Release | $17.00 | awaiting T+60 | — | $23.81 (+40.06%) |
Jun 23, 2026 17w ago | 8-K | $16.89 $27.45 | ▲ +62.52% | ▲ +59.68% | $23.81 (+40.97%) |
May 21, 2026 22w ago | Insider Cluster | $16.50 $22.36 | ▲ +35.52% | ▲ +31.21% | $23.81 (+44.30%) |
US Market Status
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