Teamshares reaffirms 2026 guidance on Q2 earnings call

Teamshares (NASDAQ: TMS ) held its second-quarter earnings conference call on Friday.

Below is the complete transcript from the call.

This content is powered APIs.

For comprehensive financial data and transcripts, visit Access the full call at Summary Teamshares reported a 20% increase in revenue, reaching $560 million in LTM pro forma revenue, with a 47% increase in SME segment EBITDA, demonstrating strong growth driven by acquisitions.

The company reaffirmed its 2026 guidance, targeting $60 million in pro forma adjusted EBITDA, with $30 million already under LOI and a robust acquisition pipeline supporting future growth.

Teamshares emphasized its strategic advantage as a public company, benefiting from improved access to capital markets, which is expected to accelerate acquisition activities and enhance operational leverage.

The company highlighted its tech-enabled platform and diversified industry strategy, aiming to be a permanent home for businesses acquired from retiring owners, with a focus on employee stock alignment and software-enabled operations.

Management expressed confidence in achieving the 2026 growth targets, citing a substantial acquisition pipeline, strong financial drivers, and plans for capital structure optimization to support long-term sustainable growth.

Full Transcript OPERATOR Good day and thank you for standing by.

Welcome to the Teamshares second quarter 2026 earnings conference call.

At this time all participants are in a listen-only mode.

After the speaker's presentation there will be a question-and-answer session.

To ask a question during this session you will need to press star 11 on your telephone.

You will then hear an automated message advising your hand is raised.

To withdraw your question, please press star 11 again.

I would now like to hand the conference over to your speaker today, Kyle Nagarkar, Investor Relations.

Sir, please go ahead.

Kyle Nagarkar, Investor Relations Thank you, Michelle, and good morning everyone.

Welcome to Teamshares' second quarter 2026 earnings conference call.

Joining me today are co-founder and CEO Michael Brown, co-founder and President Alex Yu, and CFO Brian Gaby.

Earlier today we issued a press release announcing our financial results, which is available on our investor relations website along with a supplemental slide presentation, as referenced on slide 2.

We will be discussing non-GAAP financial measures during this call.

The most directly comparable GAAP financial measures and a reconciliation of the differences between the GAAP and non-GAAP financial measures are available in our earnings release and supplemental slide presentation on our website.

In addition, certain statements being made today are forward-looking statements that are based on management's current assumptions, beliefs, and expectations concerning future events impacting the company.

These forward-looking statements involve a number of uncertainties and risks, including but not limited to those described in our earnings release, Form 10-Q for the period ended June 30, 2026, and other filings with the SEC.

The actual results of operations and financial condition of the company could differ materially from those expressed or implied in our forward-looking statements.

With that, I'll turn the call over to Michael.

Michael Brown, Co-Founder and CEO Good morning everyone.

Teamshares is the market leader in buying great businesses from retiring owners.

Four and a half million small to mid-sized businesses in America and tens of millions globally have owners approaching retirement.

We plan to be a permanent home for thousands of the highest quality companies as their owners retire.

Welcome to our first ever earnings call as TMS begins day 38 of trading on the NASDAQ.

With me today are two longtime business partners, Alex Yu, co-founder and President of Teamshares, and Brian Gaby, our CFO.

Before getting into the 2Q results and for the benefit of participants who are new to Teamshares, I'd like to start with context on our recent listing, our business model and growth opportunity, and some positive updates from our press release.

Teamshares began trading on June 23rd following a common equity raise led by T.

Rowe Price Investment Management with participation from other institutional investors and the executive team.