Team

What Team does

TEAM, Inc. (NYSE: TISI), headquartered in Sugar Land, Texas, is a publicly traded specialty industrial services company founded in 1973 with operational heritage tracing to the 1920s under the FURMANITE name. The company delivers integrated asset integrity solutions to enterprise industrial operators across more than 13 countries, with a primary focus on oil and gas, refining, petrochemical, and chemical facilities, and secondary exposure to power generation, pipeline and midstream, aerospace, data centers, mining, and emerging verticals such as wind and waterworks. Its customers are operators of critical infrastructure where unplanned downtime, regulatory compliance, and safety carry material financial and operational consequences.

The company's core offering is the TEAM360 service ecosystem, organized into five divisions: Inspect360 (advanced and conventional non-destructive testing, robotics and drone inspections, laser scanning, infrared thermography, tank and valve testing, and 3D imaging); Detect360 (leak detection and repair, methane and greenhouse gas control, and optical gas imaging); Repair360 (on-stream leak repair, hot tapping and line intervention, field machining, controlled bolting, valve repair, and engineered composite repairs); Heat360 (post-weld heat treatment, solution annealing, bake-outs, and mobile thermal services); and Advanced Asset and Project Solutions (rope access, precision manufacturing across over 2 million square feet of capacity, turnaround execution, and engineered line lifts). The OneInsight digital platform serves as the connective layer across these divisions, providing real-time dashboards, remote monitoring, AI-assisted image analysis, field service management, asset integrity analytics, and turnaround management. Proprietary technologies such as Trevitest (in-situ safety valve testing, since 1979), SmartStop (double block and bleed isolation), and SelfSeal (mechanical pipeline repair clamps) anchor differentiated capabilities, while regulatory depth spans EPA Subpart W, LDAR Method 21, API 653, ASME, and AWS standards.

TEAM generates revenue primarily through professional industrial services delivered under multi-year contracts and project-based engagements, with pricing determined by scope, location, equipment requirements, and contract duration. Secondary revenue streams include digital platform subscriptions through OneInsight modules and one-time product sales of proprietary clamps, fittings, and line intervention systems available via direct sales and an online catalog. Distribution is conducted through direct enterprise field sales with locally deployed service crews across North America, the U.K., and the Netherlands. Recent financial inflection points include Q1 2026 revenue of $215.1 million (up 8.3% year-over-year, the highest Q1 since 2019), full-year 2025 revenue of $896.5 million, and FY2026 guidance of $920–$945 million implying approximately 16% growth at the midpoint.

Name

Team

Legal name

TEAM, Inc.

Website

https://teaminc.com

Company type

Public

Founded year

1973

Operating status

Operating

Headcount range

11–50 employees

Short description

TEAM, Inc. (NYSE: TISI) is a publicly traded specialty industrial services company providing integrated asset integrity solutions — inspection, leak detection, repair, heat treatment, and digital platforms — to enterprise operators in refining, petrochemical, oil and gas, power, and pipeline industries across 13+ countries.

Ownership category

akta.pro rank

Product category

Specialty Industrial Asset Integrity Services

NAICS

Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables (334513), Electronic and Precision Equipment Repair and Maintenance (811210), Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals (334515), Other Measuring and Controlling Device Manufacturing (334519), Oil and Gas Field Machinery and Equipment Manufacturing (333132)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Services-Testing Laboratories (8734), Instruments For Meas & Testing Of Electricity & Elec Signals (3825), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Leak Detection, Emissions & LDAR Testing (OGI, methane, fugitive emissions) (EUAEAHAL)

akta.pro secondary industries

Non-Destructive Testing (NDT) & Advanced Inspection (Phased Array, TOFD, Guided Wave) (EUAEAKAF), Performance Testing & Acceptance/Condition Assessments (Baseline, Post-Repair) (EUAEAKAK), Valve, Fitting & Joint Integrity (Condition Assessment/Replacement Programs) (EUAJADAJ), Condition Monitoring & Predictive Maintenance Instrumentation (Vibration/ultrasound, oil analysis sensors, IIoT monitoring) (IMAGAFAG), Reliability, Safety & Risk Engineering (RAMS/PSM) Consulting (BPAHAIAK), Pressure Equipment, Boilers & Heat Exchanger Inspection (EUAEAHAB)

Keywords

• Industrial asset integrity
• Non-destructive testing services
• Leak detection and repair
• On-stream pipeline repair
• Industrial heat treatment

Headquarters

HQ city

Sugar Land

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Professional Industrial Services: Core revenue from integrated asset integrity services including inspection (Inspect360), detection (Detect360), repair (Repair360), heat treatment (Heat360), and advanced asset solutions. Services delivered by certified technicians across industrial facilities with project-based and service contract pricing.
2. Digital Platform Subscriptions: Revenue from OneInsight digital platform providing connected worker, API inspection, field service management, remote monitoring, repair hub, asset integrity hub, and turnaround solutions. Platform delivered as integrated service component or standalone digital tools.
3. Product Sales (Clamps, Fittings, Repair Components): Sales of proprietary products including SelfSeal mechanical repair clamps, welded pipeline sleeves, hot tap and line stop fittings, and specialty repair components. Available through online ordering and direct sales.
4. SmartStop System Products: Sales of SmartStop double block and bleed isolation systems and specialty line stop products including inflatable line stops and cryogenic freeze stop solutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Team Inc. provides integrated industrial asset integrity management services through its TEAM360 ecosystem, combining inspection (Inspect360), emissions detection (Detect360), on-stream repair (Repair360), heat treatment (Heat360), and advanced asset/project solutions, all connected by the OneInsight digital platform. The company also sells proprietary products such as SelfSeal mechanical repair clamps and SmartStop double-block-and-bleed isolation systems, primarily to operators in oil & gas, refining, petrochemical, power, pipeline, aerospace, and LNG sectors.

Product overview

TEAM, Inc. operates as a specialty industrial services provider offering the TEAM360 integrated asset integrity and performance platform, which unifies five service divisions under one coordinated ecosystem: Inspect360 (advanced and conventional non-destructive testing, robotics and drone inspections, laser inspection, infrared thermography, tank and valve testing, 3D imaging, and data collection), Repair360 (on-stream leak repair, hot tapping and line intervention, field machining, controlled bolting, weld testing, valve repair and insertion, and engineered composite repairs), Detect360 (LDAR, greenhouse gas and methane emissions reduction, and optical gas imaging), Heat360 (post-weld heat treatment, annealing, bake-outs, and mobile thermal services), and Advanced Asset and Project Solutions (rope access, precision manufacturing, turnarounds, engineered line lifts, and asset integrity management). The OneInsight digital platform serves as the connective layer across all divisions, providing real-time dashboards, remote monitoring, automated reporting, and AI-powered inspection analysis. The company traces its heritage to the 1920s through the Leak Sealing process developed under the FURMANITE name, which TEAM acquired.

Differentiator

Problem solved

Functional benefit

Brands

• TEAM360: Integrated service system unifying inspection, detection, repair, heat treatment and digital solutions
• Inspect360
• Detect360
• Repair360
• Heat360
• OneInsight
• Trevitest
• SmartStop
• InsertValve
• SelfSeal

Products and services

• Inspect360 Comprehensive inspection services division offering advanced and conventional non-destructive testing (NDT), robotics and drone inspections, laser inspection, infrared thermography, tank inspection, valve testing, 3D imaging, and data collection to provide 360-degree asset health visibility for industrial operators in oil & gas, refining, petrochemical, power, and aerospace sectors.
• Detect360 Emissions detection and monitoring division providing leak detection and repair (LDAR), greenhouse gas control, methane emissions reduction, and optical gas imaging (OGI) services to support environmental compliance and asset integrity for refining, petrochemical, LNG, and power customers.
• Repair360 Field repair services division offering on-stream leak repair, hot tapping and line intervention, field machining, controlled bolting, weld testing, valve repair, composite repairs, and on-site machining to restore asset integrity without taking systems offline.
• Heat360 Heat treatment services including weld preheating and post-weld heat treatment (PWHT), dehydrogenation bake-outs, bolt removal, solution annealing and normalizing, paint and refractory curing, line thaw, mobile command centers, expansion heat treating, material stabilization, furnaces, and engineering services.
• Advanced Asset and Project Solutions Specialized execution services including rope access for high-angle and confined-space work, precision manufacturing with over 2 million sq ft of global production space and 58 design engineers (8 PE-certified), turnaround and project management, engineered line lifts for live-pipeline inspection access, and asset integrity management strategy.
• OneInsight Digital Platform Digital command center and platform connecting all TEAM360 services — Inspect360, Detect360, Repair360, Heat360, and Advanced Asset and Project Solutions — providing real-time dashboards, automated reporting, remote monitoring, and data-driven decision-making across the entire asset lifecycle.
• SelfSeal Mechanical Pipeline Repair Clamps Proprietary mechanical pipeline repair clamps available in 1,000 psi and 1,500 psi pressure ratings, designed and manufactured to ASME VIII Div. 1 standards with carbon steel construction, used for on-stream leak sealing and pipeline repair without shutdown.
• SmartStop Double Block and Bleed System Proprietary single-fitting double-block-and-bleed isolation system with integrated bleed port, zero-energy monitoring, ANSI 900# rating proven to handle sealing pressures up to 2,220 psig, and self-energized seals, used for pipeline isolation during live hot tap and line intervention work.

Quantifiable outcome

• Q1 2026 revenue of $215.1 million, up 8.3% year-over-year, highest Q1 revenue since 2019
• +6 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature7 records

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Mistras Group: U.S.-listed pure-play provider of non-destructive testing, inspection, and asset integrity solutions serving oil & gas, power, aerospace, and infrastructure customers. Overlaps TEAM directly across Inspect360 NDT, rope access, and on-stream inspection.
• AZZ Inc. Provider of metal coating, hot-dip galvanizing, and specialized industrial services to the steel, power, and energy markets. Gary Hill, TEAM's incoming CEO, previously held leadership at AZZ, and the operating model around energy infrastructure services is closely comparable.
• Applus Services: Global testing, inspection, and certification (TIC) company with material exposure to energy & industry, including asset integrity and NDT. Competes with TEAM across inspection, LDAR, and integrity management for refining and petrochemical customers.
• Oceaneering International: Provider of engineered services and products to offshore oil & gas, defense, and industrial customers, including inspection, intervention, and asset integrity offerings. Comparable to TEAM's Repair360 hot tap, line intervention, and submersible ROV inspection work.
• BrandSafway: Industrial services company specializing in scaffolding, access solutions, and onsite services for energy and infrastructure. Comparable through rope access and Advanced Asset and Project Solutions.
• Stork (a Fluor company): Fluor-owned provider of asset integrity management, maintenance, and modification services to oil & gas, power, and chemical customers. Closely comparable to TEAM's integrated inspection, repair, and turnaround offering.

Broad incumbents

• Bureau Veritas: Global TIC conglomerate covering marine, commodities, industry, and certification. Overlaps TEAM on inspection, asset integrity, and regulatory compliance but at vastly larger scale and broader scope.
• SGS SA: One of the largest global TIC groups offering inspection, verification, testing, and certification across industrial and natural resources end markets. Competes with TEAM on industrial inspection and integrity, though from a much broader portfolio.
• Intertek Group: Global TIC provider with significant energy and industrial services exposure, including asset integrity management and NDT-adjacent capabilities. Larger and more diversified than TEAM but competes for similar inspection and compliance spend.
• EMCOR Group: Large diversified provider of electrical and mechanical construction, facilities, and industrial services for commercial, utility, and industrial customers. Overlaps with TEAM in industrial plant maintenance and turnaround execution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/teamindustrial

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds5 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Team