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Side-by-side financial comparison of TIC Solutions, Inc. (TIC) and Utz Brands, Inc. (UTZ). Click either name above to swap in a different company.
TIC Solutions, Inc. is the larger business by last-quarter revenue ($508.3M vs $341.0M, roughly 1.5× Utz Brands, Inc.). Utz Brands, Inc. runs the higher net margin — 0.7% vs -9.3%, a 10.0% gap on every dollar of revenue. TIC Solutions, Inc. produced more free cash flow last quarter ($37.1M vs $16.5M).
Utz Brands, Inc., more commonly known as Utz, is an American snack food company based in Hanover, Pennsylvania. The company produces a variety of potato chips, pretzels, and other snacks, with most products sold under their family of brands. Utz is also a snack supplier to warehouse clubs and merchandisers.
TIC vs UTZ — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2024
| Metric | | |
|---|---|---|
| Revenue | $508.3M | $341.0M |
| Net Profit | $-47.2M | $2.3M |
| Gross Margin | 35.2% | 25.5% |
| Operating Margin | -3.8% | 2.1% |
| Net Margin | -9.3% | 0.7% |
| Revenue YoY | — | -3.1% |
| Net Profit YoY | — | 108.3% |
| EPS (diluted) | — | $0.04 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $508.3M | — | ||
| Q3 25 | $473.9M | — | ||
| Q2 25 | $313.9M | — | ||
| Q1 25 | $234.2M | — | ||
| Q4 24 | — | $341.0M | ||
| Q3 24 | — | $365.5M | ||
| Q2 24 | — | $356.2M | ||
| Q1 24 | — | $346.5M |
| Q4 25 | $-47.2M | — | ||
| Q3 25 | $-13.9M | — | ||
| Q2 25 | $-233.0K | — | ||
| Q1 25 | $-25.8M | — | ||
| Q4 24 | — | $2.3M | ||
| Q3 24 | — | $-2.2M | ||
| Q2 24 | — | $19.8M | ||
| Q1 24 | — | $-4.0M |
| Q4 25 | 35.2% | — | ||
| Q3 25 | 32.2% | — | ||
| Q2 25 | 23.6% | — | ||
| Q1 25 | 18.6% | — | ||
| Q4 24 | — | 25.5% | ||
| Q3 24 | — | 26.9% | ||
| Q2 24 | — | 26.7% | ||
| Q1 24 | — | 25.5% |
| Q4 25 | -3.8% | — | ||
| Q3 25 | -1.4% | — | ||
| Q2 25 | 5.8% | — | ||
| Q1 25 | -4.0% | — | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | — | 6.3% | ||
| Q1 24 | — | 2.8% |
| Q4 25 | -9.3% | — | ||
| Q3 25 | -2.9% | — | ||
| Q2 25 | -0.1% | — | ||
| Q1 25 | -11.0% | — | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | -0.6% | ||
| Q2 24 | — | 5.6% | ||
| Q1 24 | — | -1.2% |
| Q4 25 | — | — | ||
| Q3 25 | $-0.08 | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $0.04 | ||
| Q3 24 | — | $-0.03 | ||
| Q2 24 | — | $0.23 | ||
| Q1 24 | — | $-0.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $439.5M | $56.1M |
| Total DebtLower is stronger | $1.6B | $768.6M |
| Stockholders' EquityBook value | $2.2B | $696.9M |
| Total Assets | $4.4B | $2.7B |
| Debt / EquityLower = less leverage | 0.74× | 1.10× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $439.5M | — | ||
| Q3 25 | $164.4M | — | ||
| Q2 25 | $130.1M | — | ||
| Q1 25 | $155.7M | — | ||
| Q4 24 | — | $56.1M | ||
| Q3 24 | — | $64.9M | ||
| Q2 24 | — | $66.6M | ||
| Q1 24 | — | $47.0M |
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $751.3M | — | ||
| Q1 25 | $752.4M | — | ||
| Q4 24 | — | $768.6M | ||
| Q3 24 | — | $780.8M | ||
| Q2 24 | — | $797.6M | ||
| Q1 24 | — | $756.9M |
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | — | $696.9M | ||
| Q3 24 | — | $685.7M | ||
| Q2 24 | — | $686.0M | ||
| Q1 24 | — | $671.1M |
| Q4 25 | $4.4B | — | ||
| Q3 25 | $4.2B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | — | $2.7B | ||
| Q1 24 | — | $2.6B |
| Q4 25 | 0.74× | — | ||
| Q3 25 | 0.83× | — | ||
| Q2 25 | 0.64× | — | ||
| Q1 25 | 0.67× | — | ||
| Q4 24 | — | 1.10× | ||
| Q3 24 | — | 1.14× | ||
| Q2 24 | — | 1.16× | ||
| Q1 24 | — | 1.13× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $49.7M | $54.2M |
| Free Cash FlowOCF − Capex | $37.1M | $16.5M |
| FCF MarginFCF / Revenue | 7.3% | 4.8% |
| Capex IntensityCapex / Revenue | 2.5% | 11.1% |
| Cash ConversionOCF / Net Profit | — | 23.67× |
| TTM Free Cash FlowTrailing 4 quarters | $61.3M | $7.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $49.7M | — | ||
| Q3 25 | $19.0M | — | ||
| Q2 25 | $-6.5M | — | ||
| Q1 25 | $32.8M | — | ||
| Q4 24 | — | $54.2M | ||
| Q3 24 | — | $52.2M | ||
| Q2 24 | — | $8.9M | ||
| Q1 24 | — | $-9.1M |
| Q4 25 | $37.1M | — | ||
| Q3 25 | $10.3M | — | ||
| Q2 25 | $-14.5M | — | ||
| Q1 25 | $28.3M | — | ||
| Q4 24 | — | $16.5M | ||
| Q3 24 | — | $29.1M | ||
| Q2 24 | — | $-15.3M | ||
| Q1 24 | — | $-22.7M |
| Q4 25 | 7.3% | — | ||
| Q3 25 | 2.2% | — | ||
| Q2 25 | -4.6% | — | ||
| Q1 25 | 12.1% | — | ||
| Q4 24 | — | 4.8% | ||
| Q3 24 | — | 8.0% | ||
| Q2 24 | — | -4.3% | ||
| Q1 24 | — | -6.5% |
| Q4 25 | 2.5% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | — | 11.1% | ||
| Q3 24 | — | 6.3% | ||
| Q2 24 | — | 6.8% | ||
| Q1 24 | — | 3.9% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 23.67× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.45× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TIC
| Consulting Engineering Segment | $300.1M | 59% |
| Geospatial Segment | $131.3M | 26% |
| Fixed Unit Price Contracts | $54.3M | 11% |
| Other | $22.6M | 4% |
UTZ
Segment breakdown not available.
