What were Team's key financial highlights in Q3 2025?

Team reported year-over-year revenue growth of almost 7% or $14 million, with gross margin increasing by 8.4% and adjusted EBITDA up 28.6% to the highest level for a third quarter since at least 2016.

How did Team's cost discipline impact its Q3 2025 performance?

Team lowered its adjusted selling, general, and administrative (SG&A) expense to 20.8% of consolidated revenue, down from 21.7% in the previous year, demonstrating its commitment to cost optimization.

What strategic move did Team make in September 2025 to strengthen its balance sheet?

In September 2025, Team completed a private placement of preferred stock with Stellix Capital Management, which strengthened its balance sheet and enhanced its financial flexibility.

Home / Business and Economy / Team Reports Strong Q3 2025 Results, Boosts Adjusted EBITDA by 28.6%

Team Reports Strong Q3 2025 Results, Boosts Adjusted EBITDA by 28.6%

15 Nov

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Summary

Revenue grew nearly 7% year-over-year to $14 million
Gross margin increased by 8.4% and adjusted EBITDA rose 28.6%
Cost discipline lowered adjusted SG&A to 20.8% of revenue

Team Reports Strong Q3 2025 Results, Boosts Adjusted EBITDA by 28.6%

In its Q3 2025 earnings report, Team, a prominent provider of inspection, heat treating, and mechanical services, delivered strong operational and financial results. For the quarter ending September 30th, 2025, the company reported a 6.9% year-over-year increase in revenue, amounting to approximately $14 million in additional sales. This top-line growth was accompanied by an 8.4% expansion in gross margin and a 28.6% surge in adjusted EBITDA, reaching the highest level for a third quarter since at least 2016.

The company's cost discipline also contributed to its impressive performance, with adjusted selling, general, and administrative (SG&A) expenses declining to 20.8% of consolidated revenue, down from 21.7% in the previous year. This cost optimization, combined with the revenue growth and margin expansion, has positioned Team to continue driving shareholder value and stock appreciation.