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Industrial services firm Team's Q3 revenue rises, driven by mechanical services, inspection segments
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Industrial services firm Team's Q3 revenue rises, driven by mechanical services, inspection segments
Nov 12, 2025 2:29 PM

Nov 12 (Reuters) -

Overview

* Team Inc Q3 2025 revenue grows 6.7% yr/yr, driven by Mechanical Services and Inspection segments

* Company reports net loss of $11.4 mln for Q3 2025

* Adjusted EBITDA for Q3 2025 rises 28.6%, reflecting improved operational performance

Outlook

* Company expects Q4 2025 revenue growth and improved Adjusted EBITDA

* Team Inc. ( TISI ) anticipates 5% revenue growth for full-year 2025

* Company forecasts 13% increase in Adjusted EBITDA for 2025

Result Drivers

* MECHANICAL SERVICES GROWTH - Revenue in Mechanical Services segment grew 7.8% due to increased turnaround demand in the U.S. and improved performance in Canada

* INSPECTION & HEAT-TREATING GROWTH - Inspection & Heat-Treating revenue increased 5.7% driven by strong nested and call-out activity in the U.S. and international growth

* FINANCIAL FLEXIBILITY - Completion of preferred stock placement improved financial flexibility and reduced debt

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $224.98

Revenue mln

Q3 $166.93

Operatin mln

g

Expenses

Q3 $1.34

Operatin mln

g Income

Q3 -$10.50

Pretax mln

Profit

Press Release:

For questions concerning the data in this report, contact . For any other questions or feedback, contact .

(Reporting by Aby Jose Koilparambil in Bengaluru)

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