Acuren Corporation
TIC Industrials Specialty Business Services
Acuren Corporation’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 39.4% from fiscal 2024. In the quarter to June 2026, revenue grew 86.1%, EPS fell 3,057.9%, free cash flow fell 102.2% and total debt rose 114.7%, each against the same quarter a year earlier. Revenue growth for three consecutive years.
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A Balance Sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time. It follows the formula: Assets = Liabilities + Shareholders' Equity. Key components include current and non-current assets, current and long-term liabilities, and equity. The Balance Sheet helps businesses and investors evaluate financial stability, liquidity, and capital structure. It's essential for assessing the company's ability to meet its obligations and fund future operations.
| Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|
Cash and Short Term Investments |
62.59 | 87.06 | 139.13 | 439.54 |
Receivables |
234.84 | 233.24 | 212.58 | 366.29 |
Other current assets |
— | — | 23.94 | 154.44 |
Total current assets |
307.72 | 333.91 | 394.24 | 1,021.04 |
Property, Plant, Equpment (Net) |
134.20 | 112.26 | 189.23 | 255.63 |
Goodwill and Intangible Assets (Total) |
804.54 | 775.84 | 1,586.60 | 3,040.98 |
Long Term Assets (Tax, Deferred) |
1.53 | 2.37 | 0.77 | 1.44 |
Long-term assets (Other) |
28.95 | 15.79 | 6.91 | 17.02 |
Total non-current assets |
992.64 | 928.70 | 1,813.50 | 3,375.27 |
Total Assets |
1,300.36 | 1,262.62 | 2,207.74 | 4,396.31 |
Accounts Payable |
20.20 | 23.21 | 13.88 | 60.43 |
Accrued Expenses |
50.53 | 65.78 | 66.04 | 151.63 |
Current Part of Debt |
5.49 | 7.28 | 7.75 | 25.51 |
Current Part of Taxes to Pay |
8.31 | — | — | — |
Other current liabilities |
— | — | 1.64 | 47.85 |
Total current liabilities |
100.67 | 112.88 | 106.33 | 318.99 |
Long Term Debt (Total) |
555.86 | 668.03 | 747.05 | 1,587.69 |
Long Term Tax Liability (Deferred) |
57.90 | 35.29 | 150.67 | 222.96 |
Non-current Liabilities (Other) |
26.42 | 26.35 | 11.76 | 20.71 |
Total non-current liabilities |
677.57 | 767.73 | 950.24 | 1,897.40 |
Total liabilities |
778.23 | 880.62 | 1,056.57 | 2,216.39 |
Additional Paid In Capital |
511.35 | 366.33 | 1,293.64 | 2,362.94 |
Common Stock (Net) |
0.05 | 0.05 | 0.01 | 0.02 |
Retained Earnings |
23.74 | 17.45 | (106.99) | (194.10) |
Treasury Stock |
1.03 | 1.03 | — | — |
Common Equity (Total) |
522.13 | 382.00 | 1,151.17 | 2,179.92 |
Shareholders Equity (Total) |
522.13 | 382.00 | 1,151.17 | 2,179.92 |
Shareholders Equity and Liabilities (Total) |
1,300.36 | 1,262.62 | 2,207.74 | 4,396.31 |
Shares (Common) |
121.41 | 5.03 | 121.48 | 220.49 |
Shareholders Equity (Tangible) |
(282.41) | (393.84) | (435.42) | (861.06) |
Net Debt |
498.77 | 588.25 | 615.66 | 1,173.66 |
Total Debt |
561.35 | 675.31 | 754.80 | 1,613.20 |