Team Inc. Q2 Revenue Up 8.5% to $19.9M, EBITDA Up 12.4%
Team Inc. posted Q2 2025 revenue of $19.9 million, up 8.5%, and adjusted EBITDA of $24.5 million, up 12.4%, with a 15% gain in its Inspection and Heat Treating segment. The company cut rates by 100 basis points through debt refinancing, extended maturities to 2030 and plans $10 million savings.
1. Q2 2025 Financial Results
Team Inc. reported Q2 2025 revenue of $19.9 million, an 8.5% year-over-year increase, and adjusted EBITDA of $24.5 million, up 12.4%, reflecting strong operational execution and market demand.
2. Segment Performance Details
The Inspection and Heat Treating segment led growth with a 15% revenue increase, while Mechanical Services revenue rose 2%, demonstrating balanced contributions across services.
3. Debt Refinancing and Strategic Initiatives
In March 2025 the company refinanced debt to cut interest rates by 100 basis points and extend maturities to 2030. Management appointed a Chief Strategy & Transformation Officer and targets $10 million in annual savings to drive at least 15% adjusted EBITDA growth for full-year 2025.