TEAM, INC. REPORTS SECOND QUARTER 2026 RESULTS
TEAM INC (TISI) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE TEAM, INC. REPORTS SECOND QUARTER 2026 RESULTS Company establishes structural cost reduction targets, further refines transformational pillars SUGAR LAND, TX – August 10, 2026 – Team, Inc. (NYSE: TISI) (“TEAM” or the “Company”), a g
How this was made
The 30-second read
Why it matters
Traders can update expectations for 2H 2026 profitability based on the company’s stated turnaround deferral dynamics and its structural cost improvement program.
Market read
The filing combines weaker Q2 operating metrics with a quantified FY 2026 guidance uplift, making it a direct repricing catalyst for margin and EBITDA expectations.
What to watch
Structural cost reduction targets ($8-$15M in 2026, $20-$35M run-rate) could help, but the filing emphasizes timing dependence on customer operating decisions, which can delay EBITDA recovery.
Background
This is an SEC 8-K with an earnings release (Item 2.02) covering TEAM, Inc.’s Q2 2026 results and full-year 2026 guidance.
Ticker impact
TEAM, Inc. reported Q2 2026 revenue $228.7M, net loss $6.8M, and guided FY 2026 revenue, gross margin, and Adjusted EBITDA higher at the midpoint.
Near-term sentiment likely hinges on whether investors believe the 2H 2026 turnaround return and structural cost targets can offset the current margin pressure.
The filing provides both downside context (deferred turnaround, Middle East weakness) and specific FY midpoint increases (about 4% revenue, 8% gross margin, 16% Adjusted EBITDA), creating a clear bull-bear debate for the next few quarters.
Market effects
Signals demand volatility in oil and petrochem turnaround-driven industrial services, with margin sensitivity to maintenance deferrals.
Highlights geographic weakness in the Middle East tied to ongoing conflict, partially offset by resilience elsewhere.
Limited broader read-across, but reinforces that industrial services margins can swing with refinery/petrochemical operating schedules.
Counterpoint
The guidance midpoint increases may be optimistic if customer turnaround deferrals extend beyond 2H 2026, keeping Mechanical Services mix unfavorable.
Key entities
- companyTEAM, Inc.
NYSE-listed specialty industrial services provider reporting Q2 2026 results and FY 2026 guidance in the 8-K earnings release.
- executiveGary L. Hill
CEO quoted on transformation progress, cost targets, and turnaround deferral impacts.
