Company: TISI
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0000318833-25-000057
Chunk: 27

Company: TEAM INC
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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. Essentially all of our revenues are associated with contracts with customers. A disaggregation of our revenue from customer contracts by geographic region, by reportable operating segment and by service type is presented below:Geographic area (in thousands):Three Months Ended June 30, 2025(unaudited)United StatesCanadaOther CountriesTotalRevenue:IHT$111,987 $15,112 $3,297 $130,396 MS72,299 10,312 35,019 117,630 Total$184,286 $25,424 $38,316 $248,026 Three Months Ended June 30, 2024(unaudited)United StatesCanadaOther CountriesTotalRevenue:IHT$98,712 $11,499 $3,023 $113,234 MS67,828 11,299 36,257 115,384 Total$166,540 $22,798 $39,280 $228,618 Six Months Ended June 30, 2025(unaudited)United StatesCanadaOther CountriesTotalRevenue:IHT$208,384 $22,224 $6,003 $236,611 MS133,276 15,407 61,387 210,070 Total$341,660 $37,631 $67,390 $446,681 Six Months Ended June 30, 2024(unaudited)United StatesCanadaOther CountriesTotalRevenue:IHT$187,287 $19,220 $6,175 $212,682 MS132,130 15,967 67,439 215,536 Total$319,417 $35,187 $73,614 $428,218  

8 

Operating segment and service type (in thousands):Three Months Ended June 30, 2025(unaudited)Non-Destructive Evaluation and Testing ServicesRepair and Maintenance ServicesHeat TreatingOtherTotalRevenue:IHT$100,637 $51 $21,922 $7,786 $130,396 MS— 117,054 149 427 117,630 Total$100,637 $117,105 $22,071 $8,213 $248,026 Three Months Ended June 30, 2024(unaudited)Non-Destructive Evaluation and Testing ServicesRepair and Maintenance ServicesHeat TreatingOtherTotalRevenue