Team, Inc. Reports Third Quarter 2026 Financial Results and Updates Full Year 2026 Outlook

Team, Inc. reported third quarter 2026 revenue of $220.4 million, a 2.0% decrease from the same period in 2025, with a net loss of $11.1 million. The company achieved an Adjusted EBITDA of $15.7 million, an 8.2% increase compared to the prior-year period. For the full fiscal year 2026, the company updated its guidance, projecting total revenue between $870 million and $890 million and Adjusted EBITDA between $56 million and $59 million. Management also noted structural cost improvements of $15 million to $18 million for the year.