v3.26.1
Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2025
EBP 002  
EBP, Investment, Fair Value and NAV [Line Items]  
Plan Investments by Asset Class and Input Level The following summarizes the Plan’s investments by asset class and input level within the fair-value hierarchy:
Level 1 Level 2 Level 3Total
December 31, 2025
Common stock
Team, Inc. common stock $6,866,403 $— $— $6,866,403 
Mutual funds 372,720,222 — — 372,720,222 
Money market fund196,699 — — 196,699 
Total assets in the fair value hierarchy$379,783,324 $— $— 379,783,324 
Collective investment trust fund(1)
10,730,283 
Total assets measured at fair value$390,513,607 

Level 1 Level 2 Level 3Total
December 31, 2024
Common stock
Team, Inc. common stock $6,194,687 $— $— $6,194,687 
Mutual funds331,119,611 — — 331,119,611 
Money market fund181,969 — — 181,969 
Total assets in the fair value hierarchy$337,496,267 $— $— 337,496,267 
Collective investment trust fund(1)
11,799,326 
Total assets measured at fair value$349,295,593 
(1)    Consists of the Galliard Retirement Income Fund, which is discussed further in Note (2) – Summary of Significant Accounting Policies, and is measured at fair value using the NAV per share (or its equivalent) as a practical expedient. Therefore, this has not been categorized in the fair
value hierarchy, but is presented in this table to permit reconciliation of the amounts categorized in the fair value hierarchy to the amounts presented on the statements of net assets available for benefits.