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TiC Solutions 2Q 2026 Earnings Presentation August 6 , 2026
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16 39 64 193 119 38 64 96 133 217 217 217 213 233 255 115 115 115 0 43 92 110 200 244 2 FORWARD-LOOKING STATEMENTS Certain statements in this presentation are "forward-looking" statements based on assumptions currently believed to be valid. Forward-looking statements are all statements other than statements of historical facts. The words "anticipate," "believe," "ensure," "expect," "if," "intend," "estimate," "probable," "project," "forecasts," "predict," "outlook," "aim," "will," "could," "should," "would," "potential," "may," "might," "likely," "plan," "positioned," "strategy," and similar expressions or other words of similar meaning, and the negatives thereof, are intended to identify forward-looking statements. Specific forward-looking statements in this presentation include statements regarding the Company's expectations and beliefs regarding (i) its guidance for revenue and Adjusted EBITDA for the third quarter and full year 2026, and the assumptions underlying such guidance, (ii) the integration of the NV5 business and the anticipated benefits and cost synergies of the combined platform, including realized savings, cross-selling opportunities and momentum, (iii) its ability to improve profitability, drive operating efficiencies, expand margins, generate stronger cash flows, and deleverage over time, (iv) its strategy to expand its platform and sustain growth in the years ahead, (v) its ability to deliver sustainable value creation for its shareholders, (vi) its capital allocation strategy, including with respect to stock repurchases, debt management, and bolt-on acquisitions, (vii) its AI initiatives, (viii) customer demand and end-market conditions, (ix) its M&A pipeline and opportunities, (x) cash flow conversion and free cash flow conversion, (xi) potential follow-on opportunities to completed projects, and (xii) the performance of its three reportable segments, including the key growth drivers and commercial indicators for Inspection & Mitigation, Consulting & Engineering, and Geospatial. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the Securities Act, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including, among others, (i) economic conditions affecting the industries the Company serves, including the construction industry and the energy sector, as well as general economic conditions; (ii) the ability and willingness of customers to invest in infrastructure projects; (iii) a decline in demand for the Company’s services or for the products and services of its customers; (iv) the fact that the Company’s revenues are derived primarily from contracts with durations of less than six months and the risk that customers will not renew or enter into new contracts; (v) the Company’s ability to successfully acquire other businesses, successfully integrate acquired businesses into its operations and manage the risks and potential liabilities associated with those acquisitions; (vi) the Company’s ability to compete successfully in the industries and markets it serves; (vii) the Company’s ability to properly manage and accurately estimate costs associated with specific customer projects, in particular for arrangements with fixed price terms; (viii) increases in the cost, or reductions in the supply, of the materials used in the Company’s business and for which we bear the risk of such increases; (ix) the inherently dangerous nature of the Company’s services and the risks of potential liability; (x) the seasonality of the Company’s business and the impact of weather conditions; (xi) the Company’s ability to remediate any material weaknesses; (xii) the impact of health, safety and environmental laws and regulations, and the costs associated with compliance with such laws and regulations; (xiii) the Company’s substantial level of indebtedness and the effect of restrictions on its operations set forth in the documents that govern such indebtedness, (xiv) the Company may fail to realize anticipated synergies or other benefits expected from the merger with NV5 in the timeframe expected or at all, (xv) a prolonged government shutdown, and (xvi) the ultimate timing, outcome, and results of integrating the operations of Acuren and NV5. For a detailed discussion of cautionary statements and risks that may affect the Company’s future results of operations and financial results, please refer to the Company’s filings with the SEC, including, but not limited to, the risk factors in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 which was filed with the SEC on March 12, 2026, and any amendments thereto, and in the Company’s quarterly reports on Form 10-Q, each as supplemented or amended from time to time. Forward-looking statements included in this presentation speak only as of the date of this presentation and, except as required by applicable law, the Company does not undertake any obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or circumstances after the date of this presentation. All forward-looking statements speak only as of the date they are made and are based on information available at that time. The Company assumes no obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by federal securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements. NON-GAAP FINANCIAL MEASURES This presentation contains EBITDA, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Gross Profit, Adjusted Gross Margin, Free Cash Flow, Net Debt, combined revenue growth (on an as reported basis and on a constant currency basis), Organic Change in Revenue (on an NV5 combined basis), and Adjusted Earnings Per Diluted Share ("Adjusted EPS"), each of which are non-GAAP financial measures within the meaning of Regulation G promulgated by the Securities and Exchange Commission. As used in this presentation, EBITDA is defined as earnings before interest, taxes, depreciation and amortization and Adjusted EBITDA is defined as EBITDA excluding the impact of certain non- cash and other specifically identified items. Adjusted Gross Profit is defined as Gross Profit less depreciation expense included in cost of revenue for the periods presented. Adjusted Gross Margin is defined as Gross Profit divided by Revenue. Organic Change in Revenue provides a consistent basis for year-over-year comparison as it excludes the impacts of material acquisitions, divestitures, and foreign currency translation. When presented on an NV5 combined basis, it also reflects the impact of the NV5 acquisition as if NV5 had been owned for the full comparative periods. Adjusted EPS reflects adjustments to reported diluted earnings per share to eliminate amortization expense of intangible assets from acquisitions, non-cash stock compensation expense, acquisition and integration related expenses, business transformation costs, and other non-recurring charges, net of tax benefits. The Company uses these non-GAAP financial measures in explaining its results to shareholders and the investment community and in its internal evaluation and management of its businesses. The Company’s management believes that these non-GAAP financial measures and the information they provide are useful to investors since these measures (a) permit investors to view the Company’s performance using the same tools that management uses to evaluate the Company’s past performance, reportable business segments and prospects for future performance, (b) permit investors to compare the Company with its peers, (c) determine certain elements of management’s incentive compensation, and (d) provide consistent period-to-period comparisons of the results. This presentation also contains Combined TIC Solutions Revenue which is a non-GAAP financial measure. The presentation of Combined TIC Solutions Revenue for the periods presented is not in accordance with GAAP or Article 11 of Regulation S-X. The combined financial information consists of the mathematical addition of selected financial data of Acuren and NV5 for the period presented and does not reflect the results of the combined company had the merger occurred at the beginning of the periods presented. No other adjustments are made to the combined presentation. However, we believe that for purposes of discussion and analysis, the combined financial information is useful for management and investors to assess our ongoing financial and operational performance and trends. This information should be considered as supplemental in nature and not as a substitute for or superior to the related financial information prepared in accordance with GAAP. Additionally, these non-GAAP financial measures may differ from similar measures presented by other companies. A reconciliation of these non-GAAP financial measures is included in this presentation. A reconciliation is not provided for 2026 Adjusted EBITDA guidance range as we are unable to predict the amounts to be adjusted, such as the GAAP tax provision and depreciation. Accordingly, we would not be able to make a detailed reconciliation of Adjusted EBITDA without unreasonable efforts due to our inability to predict the amount and timing of these future items. DISCLAIMER
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16 39 64 193 119 38 64 96 133 217 217 217 213 233 255 115 115 115 0 43 92 110 200 244 3 AT A GLANCE: COMPANY OVERVIEW A complete asset lifecycle performance platform providing asset integrity, engineering, and geospatial services across critical industries Scaled North American Platform High Recurring & Programmatic Revenue Mix Diverse End Markets and Low Customer Concentration (1) Revenue figures reflect combined FY2025 revenue. Inspection & Mitigation includes ~1% of 2025 revenue from the United Kingdom. Employee counts reflect approximate headcount as of year -end 2025. Note: Combined revenue figures are not in accordance with GAAP or Article 11 of Regulation S -X and represent the sum of Acuren reported revenues and NV5 reported revenues for the fiscal period shown (NV5 segment and consolidated financials are sourced from annual SEC filings, investor presentations, and management estimates). No adjustments have been made. This prese ntation is for illustrative purposes only and does not reflect the results of the combined company had the merger occurred at the beginning of the period presented. Refer to Appendix for reconciliation to GAAP financial metrics. CORE SEGMENTS: Integrated Partnership Across The Full Asset Lifecycle 1 Consulting & engineering services focused on infrastructure, utilities, buildings, data centers, and environmental end markets NDT, industrial rope access, and engineering & lab work to ensure asset integrity Mapping & data collection, data analysis & analytics, and monitoring Consulting & Engineering (C&E) Inspection & Mitigation (I&M) Geospatial (GEO) ~34% of Revenue (~$700M) 87% US, 13% International Revenue ~4,500 Employees ~52% of Revenue (~$1.1B) 55% US, 45% Canada Revenue ~6,700 Employees ~14% of Revenue (~$300M) 94% US, 6% International Revenue ~1,500 Employees
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16 39 64 193 119 38 64 96 133 217 217 217 213 233 255 115 115 115 0 43 92 110 200 244 4 1 2 3 4 5 Scaled Global TIC Platform with Differentiated Positions in Niche Markets Tech-enabled services across asset integrity, engineering, and geospatial Mission Critical, Non-Discretionary Demand Recurring, compliance-driven services Diversified End Markets, Capabilities, and Geographies Broad end market, geographic, and service line exposure Attractive Financial Profile Asset-light model, low capex, and strong cash generation Proven Value Creation Playbook Disciplined M&A in fragmented markets with experienced leadership AT A GLANCE: INVESTMENT HIGHLIGHTS
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16 39 64 193 119 38 64 96 133 217 217 217 213 233 255 115 115 115 0 43 92 110 200 244 Revenue TIC Solutions 2Q 2026 Performance Highlights Adjusted EBITDA(1) $55 $95 2Q 2025 2Q 2026 $314 $584 2Q 2025 2Q 2026 ($ in millions) Adjusted Gross Profit(1) $90 $223 2Q 2025 2Q 2026 28.8% 38.2% 17.4% 16.2% 5 ($ in millions and as % of revenue) ($ in millions and as % of revenue) Combined TIC Solutions LTM Revenue vs 1 Year Ago(1) $2,097 $2,149 LTM Jun-25 LTM Jun-26 Illustrative only – as if NV5 had been owned for the full periods shown ($ in millions) (1) Represents a non-GAAP financial measure. Refer to Appendix for reconciliation to GAAP financial metrics. Note: Combined revenue figures are not in accordance with GAAP or Article 11 of Regulation S -X and represent the sum of Acuren reported Predecessor and Successor revenues and NV5 reported revenues for each fiscal period shown (NV5 segment and consolidated financials are sourced from annual SEC filings, investor presentations, and management estimates). No adjustment s have been made. This presentation is for illustrative purposes only and does not reflect the results of the combined company had the merger occurred at the beginning of the periods presented. Refer to appendix for reconciliation to GAAP financial metrics.
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16 39 64 193 119 38 64 96 133 217 217 217 213 233 255 115 115 115 0 43 92 110 200 244 2Q 2026 2Q 2025 YTD 2026 YTD 2025 Revenue $584.3 $313.9 $1,072.4 $548.1 Inspection & Mitigation Revenue $296.7 $313.9 $531.5 $548.1 Consulting & Engineering Revenue 206.6 – 394.0 – Geospatial Revenue 81.0 – 146.8 – Gross Profit $204.2 $74.1 $365.5 $117.8 Gross Margin 34.9% 23.6% 34.1% 21.5% SG&A $193.3 $55.8 $383.7 $108.9 Operating Income (Loss) $10.8 $18.4 ($18.2) $8.9 Net Income (Loss) ($13.3) ($0.2) ($54.9) ($26.0) Earnings (Loss) per Share ($0.06) – ($0.25) ($0.21) Adjusted Gross Profit(1) $223.3 $90.3 $403.5 $149.4 Adjusted Gross Margin (1) 38.2% 28.8% 37.6% 27.3% Adjusted EBITDA(1) $94.8 $54.6 $152.6 $80.4 Adjusted EBITDA Margin (1) 16.2% 17.4% 14.2% 14.7% TIC Solutions 2Q 2026 As Reported Key Profitability Metrics 6 (1) Represents a non-GAAP financial measure. Refer to Appendix for reconciliation to GAAP financial metrics. Note: Combined revenue figures are not in accordance with GAAP or Article 11 of Regulation S -X and represent the sum of Acuren reported Predecessor and Successor revenues and NV5 reported revenues for each fiscal period shown (NV5 segment and consolidated financials are sourced from annual SEC filings, investor presentations, and management estimates). No adjustment s have been made. This presentation is for illustrative purposes only and does not reflect the results of the combined company had the merger occurred at the beginning of the periods presented. Refer to appendix for reconciliation to GAAP financial metrics. • Revenue of $584M • Adjusted Gross Margin(1) of 38.2% • Adjusted EBITDA(1) of $95M • Adjusted EBITDA Margin(1) of 16.2% 2Q 2026 Summary • Revenue of $1.072B • Adjusted Gross Margin(1) of 37.6% • Adjusted EBITDA(1) of $153M • Adjusted EBITDA Margin(1) of 14.2% YTD 2026 Summary ($ in millions, except per share amounts)
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16 39 64 193 119 38 64 96 133 217 217 217 213 233 255 115 115 115 0 43 92 110 200 244 TIC Solutions 2Q 2026 Combined Key Profitability Metrics 7 2Q 2026 2Q 2025 YTD 2026 YTD 2025 Combined Revenue(1) $584.3 $565.9 $1,072.4 $1,034.2 Inspection & Mitigation Revenue $296.7 $313.9 $531.5 $548.1 Consulting & Engineering Revenue 206.6 176.9 394.0 347.9 Geospatial Revenue 81.0 75.1 146.8 138.1 Combined Adjusted Gross Profit(1) $223.3 $208.5 $403.5 $382.0 Combined Adjusted Gross Margin (1) 38.2% 36.8% 37.6% 36.9% Inspection & Mitigation Adj. Gross Profit $84.0 $90.3 $141.4 $149.4 I&M Adj. GM % 28.3% 28.8% 26.6% 27.3% Consulting & Engineering Adj. Gross Profit 97.6 82.3 186.8 162.6 CE Adj. GM % 47.2% 46.5% 47.4% 46.7% Geospatial Adj. Gross Profit 41.7 35.9 75.3 70.1 GEO Adj. GM % 51.5% 47.9% 51.3% 50.7% Combined Adjusted EBITDA(1) $94.8 $89.5 $152.6 $145.1 Combined Adjusted EBITDA Margin (1) 16.2% 15.8% 14.2% 14.0% ($ in millions) (1) Represents a non-GAAP financial measure. Refer to Appendix for reconciliation to GAAP financial metrics. Note: 2Q and YTD 2026 amounts reflect TIC Solutions’ consolidated results as reported, and 2Q and YTD 2025 amounts reflect “C ombined” amounts. 2Q and YTD 2025 combined revenue, combined adjusted gross profit, combined adjusted gross margin, and combined adjusted EBITDA figures are not presented in accordance with GAAP or Article 11 of Regulation S -X and represent the sum of Acuren reported Predecessor and Successor results and NV5 reported results for each fiscal period shown (NV5 segment and consolidated financials are sourced from annual SEC filings, investor presentations, and management estimates). Adjusted gross profit, adjusted gross margin, and adjusted EBITDA reflect each company’s respective non-GAAP definitions and may not be comparable to similarly titled measures of other companies. No pro forma adjustments or purchase accounting adjust ments have been made. This presentation is for illustrative purposes only and does not reflect the results of the combined company had the merger occurred at the beginning of the periods presented. Reconciliations to the most directly comparable GA AP measures are not provided for segment-level combined adjusted gross profit or combined adjusted gross margin. • Revenue of $584M • Adjusted Gross Margin(1) of 38.2% • Adjusted EBITDA(1) of $95M • Adjusted EBITDA Margin(1) of 16.2% 2Q 2026 Summary • Revenue of $1.072B • Adjusted Gross Margin(1) of 37.6% • Adjusted EBITDA(1) of $153M • Adjusted EBITDA Margin(1) of 14.2% YTD 2026 Summary
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Revenue range of $2,150 – $2,250 million Adjusted EBITDA range of $330 – $355 million 2026 Guidance 8
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16 39 64 193 119 38 64 96 133 217 217 217 213 233 255 115 115 115 0 43 92 110 200 244 APPENDIX NON-GAAP RECONCILIATIONS 9
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16 39 64 193 119 38 64 96 133 217 217 217 213 233 255 115 115 115 0 43 92 110 200 244 Reconciliation of Non-GAAP Financial Measures Adjusted Gross Profit and Adjusted Gross Margin Three Months Ended June 30, 2026 Inspection & Mitigation Consulting & Engineering Geospatial Total Revenue $ 296,696 $ 206,636 $ 81,015 $ 584,347 Cost of revenue 229,447 109,029 41,713 380,189 Gross profit $ 67,249 $ 97,607 $ 39,302 $ 204,158 Depreciation expense included in cost of revenue 16,770 – 2,421 19,191 Adjusted gross profit $ 84,019 $ 97,607 $ 41,723 $ 223,349 Adjusted gross margin(1) 28.3% 47.2% 51.5% 38.2% 10 (amounts in thousands) (Unaudited) (1) Adjusted Gross Margin is calculated as Adjusted Gross Profit divided by revenue for the applicable period. (2) The amounts presented for the combined three months ended June 30, 2025 for Consulting & Engineering and Geospatial are based on the Company’s reclassification of certain costs that NV5 historically presented within “Salaries and wages, payroll taxes, and benefits” which the Company classifies as “Cost of revenue.” Note: Combined figures are not in accordance with GAAP or Article 11 of Regulation S -X and represent the sum of Acuren and NV5 r eported results for each fiscal period shown. Amounts have been adjusted to conform presentation, including certain labor reclassifications between cost of revenue and SG&A to align direct and indirect labor treatment across the combined periods. NV5 reported on a weekly fiscal calendar, and the comparable period ended on June 28, 2025 rather than June 30, 2025. This presentation is for illustrative purposes only and does not reflect the results of the combined company had the merger occurr ed at the beginning of the periods presented. Three Months Ended June 30, 2025 (As Reported) (Combined) Total Inspection & Mitigation Consulting & Engineering(2) Geospatial(2) Total Revenue $ 313,925 $ 313,925 $ 176,880 $ 75,104 $ 565,909 Cost of revenue 239,824 239,824 94,620 41,067 375,511 Gross profit $ 74,101 $ 74,101 $ 82,260 $ 34,037 $ 190,398 Depreciation expense included in cost of revenue 16,219 16,219 – 1,907 18,126 Adjusted gross profit $ 90,320 $ 90,320 $ 82,260 $ 35,944 $ 208,524 Adjusted gross margin(1) 28.8% 28.8% 46.5% 47.9% 36.8%
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16 39 64 193 119 38 64 96 133 217 217 217 213 233 255 115 115 115 0 43 92 110 200 244 Reconciliation of Non-GAAP Financial Measures Adjusted Gross Profit and Adjusted Gross Margin (Cont’d) Six Months Ended June 30, 2026 Inspection & Mitigation Consulting & Engineering Geospatial Total Revenue $ 531,522 $ 394,012 $ 146,842 $ 1,072,376 Cost of revenue 423,513 207,233 76,171 706,917 Gross profit $ 108,009 $ 186,779 $ 70,671 $ 365,459 Depreciation expense included in cost of revenue 33,397 – 4,637 38,034 Adjusted gross profit $ 141,406 $ 186,779 $ 75,308 $ 403.493 Adjusted gross margin(1) 26.6% 47.4% 51.3% 37.6% 11 (amounts in thousands) (Unaudited) (1) Adjusted Gross Margin is calculated as Adjusted Gross Profit divided by revenue for the applicable period. (2) The amounts presented for the combined six months ended June 30, 2025 for Consulting & Engineering and Geospatial are based o n the Company’s reclassification of certain costs that NV5 historically presented within “Salaries and wages, payroll taxes, and benefits” which the Company classifies as “Cost of revenue.” Note: Combined figures are not in accordance with GAAP or Article 11 of Regulation S -X and represent the sum of Acuren and NV5 r eported results for each fiscal period shown. Amounts have been adjusted to conform presentation, including certain labor reclassifications between cost of revenue and SG&A to align direct and indirect labor treatment across the combined periods. NV5 reported on a weekly fiscal calendar, and the comparable period ended on June 28, 2025 rather than June 30, 2025. This presentation is for illustrative purposes only and does not reflect the results of the combined company had the merger occurr ed at the beginning of the periods presented. Six Months Ended June 30, 2025 (As Reported) (Combined) Total Inspection & Mitigation Consulting & Engineering(2) Geospatial(2) Total Revenue $ 548,140 $ 548,140 $ 347,909 $ 138,120 $ 1,034,169 Cost of revenue 430,370 430,370 185,307 71,695 687,372 Gross profit $ 117,770 $ 117,770 $ 162,602 $ 66,425 $ 346,797 Depreciation expense included in cost of revenue 31,581 31,581 – 3,666 35,247 Adjusted gross profit $ 149,351 $ 149,351 $ 162,602 $ 70,091 $ 382,044 Adjusted gross margin(1) 27.3% 27.3% 46.7% 50.7% 36.9%
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16 39 64 193 119 38 64 96 133 217 217 217 213 233 255 115 115 115 0 43 92 110 200 244 Reconciliation of Non-GAAP Financial Measures Adjusted EBITDA and Adjusted EBITDA Margin (amounts in thousands) (Unaudited) 12 (1) Adjustment to add back stock compensation expense. (2) Adjustment to add back transaction related expenses for the Acuren Acquisition. (3) Adjustment to add back transaction and acquisition integration related costs and similar items for acquisitions not including the Acuren Acquisition. This includes the costs related to the NV5 Acquisition in 2025. (4) Adjustment to reflect the elimination of non -recurring costs related to business transformation expenses. (5) Adjustment to add back other non-recurring charges including restructuring charges, one-time IT development charges, and certain gains, losses and balance adjustments. (6) Adjusted EBITDA margin is calculated as Adjusted EBITDA divided by revenue for the applicable period. Three Months Ended June 30, Six Months Ended June 30, 2026 2025 Combined 2025 2026 2025 Combined 2025 Net loss $ (13,342) $ (233) $ 11,455 $ (54,891) $ (26,026) $ (13,910) Provision for income taxes (3,235) 3,909 5,380 (19,693) 5,374 7,247 Interest expense, net 28,365 15,451 18,886 57,386 31,458 38,437 Depreciation and amortization expense 60,424 29,537 46,319 119,303 58,136 92,296 EBITDA 72,212 48,664 82,040 102,105 68,942 124,070 Adjustments Non-cash stock compensation expense (1) 11,325 1,873 9,143 24,237 2,980 17,021 Acuren Acquisition transaction related expenses (2) - - - - 467 467 Acquisition related transaction and integration expenses (3) 8,683 1,882 (3,854) 22,810 2,742 (1,783) Business transformation costs (4) 1,349 1,970 1,970 3,547 4,620 4,620 Other non-recurring charges (5) 1,280 172 172 (105) 663 663 Adjusted EBITDA $ 94,849 $ 54,561 $ 89,471 $152,594 $ 80,414 $ 145,058 Adjusted EBITDA margin (6) 16.2% 17.4% 15.8% 14.2% 14.7% 14.0%
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16 39 64 193 119 38 64 96 133 217 217 217 213 233 255 115 115 115 0 43 92 110 200 244 Reconciliation of Non-GAAP Financial Measure Organic Change in Revenue (On an NV5 Combined Basis) 13 (Unaudited) Three Months Ended June 30, 2026 Six Months Ended June 30, 2026 Change in Revenue (As Reported) 86.1% 95.6% Impact from NV5 Revenue(1) 82.8% 91.9% Total Combined Revenue Growth (As Reported) 3.3% 3.7% Foreign Currency Translation(2) (0.1%) (0.6%) Total Combined Revenue Growth (Constant Currency) 3.2% 3.1% Acquisitions(3) (0.7%) (0.8%) Organic Change in Revenue (NV5 Combined) 2.5% 2.3% (1) Adjustment to include NV5’s revenue for the three and six months ended June 30, 2025 for purposes of calculating combined org anic revenue growth. (2) Represents the effect of foreign currency on reported revenue, calculated as the difference between reported revenue and reve nue at fixed currencies for the period. Fixed currency amounts are based on translation into U.S. Dollars at fixed foreign currency exchange rates established by management. (3) Adjustment to exclude revenue from material acquisitions from their respective dates of acquisition until the first year anni versary from date of acquisition. This adjustment also excludes material NV5 acquisitions from the combined comparable period.
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16 39 64 193 119 38 64 96 133 217 217 217 213 233 255 115 115 115 0 43 92 110 200 244 Reconciliation of Non-GAAP Financial Measure Adjusted EPS (amounts in thousands) (Unaudited) 14(1) Adjustment represents the income tax effect of the pre-tax adjustments using an estimated adjusted effective tax rate of 25.0%. (2) Adjustment reflects the addition of the dilutive impact of restricted stock awards and restricted stock units. Three Months Ended June 30, 2026 Six Months Ended June 30, 2026 Net loss $ (13,342) $ (54,891) Adjustments Amortization of intangible assets 37,186 74,139 Non-cash stock compensation expense 11,325 24,237 Acquisition related transaction and integration expenses 8,683 22,810 Business transformation costs 1,349 3,547 Other non-recurring charges 1,280 (105) Income tax provision adjustment (1) (14,956) (31,157) Adjusted net income $ 31,525 $ 38,580 Income allocable to Series A Preferred Stock (144) (177) Adjusted net income allocated to common stockholders $ 31,381 $ 38,403 Common stock, diluted (as reported) 218,216,768 218,233,878 (+) Dilutive impact of restricted stock awards 3,151,618 3,260,838 (+) Dilutive impact of restricted stock units 1,066,860 844,858 Adjusted common stock, diluted 222,435,246 222,339,574 Adjusted EPS, diluted $ 0.14 $ 0.17
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16 39 64 193 119 38 64 96 133 217 217 217 213 233 255 115 115 115 0 43 92 110 200 244 Combined Revenue ($ in millions) Last Twelve Months Ended June 2026 Last Twelve Months Ended June 2025 Acuren revenue from Successor period $1,082.3 $1,011.7 Acuren revenue from Predecessor period - $101.5 Combined Acuren revenue(1) $1,082.3 $1,113.2 NV5 revenue included in TIC results (after Aug 4, 2025 close) $972.3 - NV5 revenue not included in TIC results (through Aug 4, 2025) $94.8 $983.4 Combined TIC Solutions Revenue(2) $2,149.3 $2,096.6 15 Reconciliation of Non-GAAP Financial Measure Combined TIC Solutions Revenue Reconciliation (1) The Acuren combined financial information for the year ended December 31, 2024 includes the results of operations of ASP Acur en (Predecessor) for the period from January 1, 2024 to July 29, 2024 and Acuren Corporation (Successor) for the period from July 30, 2024 to December 31, 2024. The presentation of the combined financial information of the Predecessor and Succe ssor periods is not in accordance with GAAP. Combined financial information consists of the mathematical addition of the Predecessor and Successor revenue. No other adjustments are made to the combined presentation. (2) The Acuren and NV5 combined financial information for the year ended December 31, 2024 includes the Acuren combined revenue a nd the NV5 reported revenue. NV5’s fiscal year ends on or around December 28 or December 30, which may not align exactly with Acuren’s December 31 year-end. The presentation of the combined financial information of Acuren and NV5 is no t in accordance with GAAP. Combined financial information consists of the mathematical addition of the combined Acuren revenue and the NV5 revenue. No other adjustments are made to the combined presentation.
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16 39 64 193 119 38 64 96 133 217 217 217 213 233 255 115 115 115 0 43 92 110 200 244 16 Thank you! We shape and strengthen the physical world.