Team Q3 2026 swings to operating loss of $471,000
TISI•Team swung to an operating loss of $471,000 in Q3 2026. Net loss attributable to common shareholders widened 18% year over year to $14.21 million, revenue fell to $220.37 million, and FY26 revenue is forecast at $870 million to $890 million.
1. Quarterly results and outlook
Team reported a Q3 2026 operating loss of $471,000. Net loss attributable to common shareholders widened 18% year over year to $14.21 million, while revenue fell to $220.37 million as international growth was offset by lower US revenue. Management expects deferred turnaround and maintenance activity to begin returning in early 2027, depending on customer operating decisions. FY26 revenue is forecast at $870 million to $890 million.
