Intangible Assets

12 Months Ended

Dec. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

The gross carrying amounts and accumulated amortization of intangible assets were as follows:


		Successor
	Weighted Avg. Remaining Life (Years)	December 31, 2025						December 31, 2024
		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	13.5	$	1,282,032	$	(82,609)	$	1,199,423	$	658,783	$	(18,298)	$	640,485
Customer backlog	1.7	88,466		(31,126)		57,340		—		—		—
Tradenames	12.6	139,498		(11,059)		128,439		98,392		(2,731)		95,661
Technology	3.2	8,019		(1,839)		6,180		4,925		(414)		4,511
		$	1,518,015	$	(126,633)	$	1,391,382	$	762,100	$	(21,443)	$	740,657

Amortization expense recognized on intangible assets was $104.1 million and $21.8 million during the year ended December 31, 2025 and for the period July 30 through December 31, 2024, respectively. For the period January 1 through July 29, 2024, and the year ended December 31, 2023, amortization expense recognized on intangible assets was $23.4 million and $39.4 million, respectively. Amortization expense is recorded in selling, general, and administrative expense on the consolidated statements of operations and comprehensive income (loss). Estimated amortization expense for the five following fiscal years is as follows:


Year	Amount
2026	$	147,857
2027	116,706
2028	102,788
2029	100,082
2030	99,497
Thereafter	824,452
Total	$	1,391,382

TIC Solutions, Inc. 10-K