TTEK · Tetra Tech Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.22B | $1.21B | $1.37B | $1.32B | $1.42B | $1.34B | $1.25B | $1.23B | - | $1.21B |
| Cost of Revenue | $218.41M | $223.23M | - | - | - | - | - | - | - | - |
| Gross Profit | $214.09M | $220.37M | $251.54M | $214.18M | $221.48M | $223.17M | $207.50M | $190.50M | - | $188.85M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $5.60M | $14.00M | $5.40M | $5.20M | $16.06M | $5.70M | $5.60M | $19.48M | - | $5.60M |
| Operating Income | $131.52M | $140.99M | $164.99M | $39.60M | $22.53M | $128.63M | $117.68M | $111.08M | - | $97.67M |
| Interest Expense | $8.84M | $7.13M | $9.91M | $9.88M | $7.22M | - | - | - | - | - |
| Income Tax | $33.54M | $36.35M | $42.81M | $25.70M | $14.53M | $32.89M | $31.34M | $26.52M | - | $22.57M |
| Net Income | $93.62M | $105.03M | $113.84M | $76.45M | $747.0K | $85.81M | $76.45M | $74.97M | - | $60.23M |
| EPS - Basic | $0.36 | $0.40 | $0.43 | $0.02 | $0.00 | $1.60 | $0.29 | $0.28 | - | $0.23 |
| EPS - Diluted | $0.36 | $0.40 | $0.43 | $0.02 | $0.00 | $1.59 | $0.28 | $0.28 | - | $0.22 |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $223.61M | $269.45M | $167.46M | $179.43M | $248.10M | $232.69M | $210.29M | $198.69M | $168.83M | $176.06M |
| Accounts Receivable | $1.05B | $1.08B | $1.16B | $1.22B | $1.12B | $1.05B | $1.04B | $1.04B | $974.53M | $1.00B |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $204.79M | $196.73M | $204.72M | $262.30M | $238.16M | $197.44M | $215.64M | $207.06M | $173.27M | $188.81M |
| Current Assets | $1.54B | $1.60B | $1.62B | $1.67B | $1.63B | $1.53B | $1.48B | $1.45B | $1.36B | $1.42B |
| Total Assets | $4.36B | $4.26B | $4.28B | $4.18B | $4.18B | $4.19B | $4.07B | $3.95B | $3.82B | $3.97B |
| Current Liabilities | $1.23B | $1.22B | $1.38B | $1.52B | $1.27B | $1.22B | $1.19B | $1.16B | $1.21B | $1.21B |
| Long-term Debt | $880.16M | $834.26M | $763.36M | $764.19M | $812.63M | $861.83M | $951.03M | $945.32M | $879.53M | $906.88M |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $1.86B | $1.85B | $1.78B | $1.57B | $1.69B | $1.83B | $1.58B | $1.54B | $1.40B | $1.45B |
| Retained Earnings | $1.96B | $1.92B | $1.87B | $1.72B | $1.86B | $1.87B | $1.72B | $1.66B | $1.60B | $1.57B |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $72.27M | - | - | $13.06M | - | - | $9.25M | - | - |
| Investing Cash Flow | - | $37.46M | - | - | ($3.43M) | - | - | ($3.43M) | - | - |
| Financing Cash Flow | - | ($10.87M) | - | - | $19.39M | - | - | $18.39M | - | - |
| CapEx | - | $4.15M | - | - | $3.43M | - | - | $3.46M | - | - |
| Free Cash Flow | - | $68.11M | - | - | $9.63M | - | - | $5.79M | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 17.5% | 18.2% | 18.4% | 16.2% | 15.6% | 16.6% | 16.6% | 15.5% | - | 15.6% |
| Operating margin | 10.8% | 11.6% | 12.0% | 3.0% | 1.6% | 9.6% | 9.4% | 9.0% | - | 8.1% |
| EBITDA margin | 11.2% | 12.8% | 12.4% | 3.4% | 2.7% | 10.0% | 9.8% | 10.6% | - | 8.5% |
| Net margin | 7.7% | 8.7% | 8.3% | 5.8% | 0.1% | 6.4% | 6.1% | 6.1% | - | 5.0% |
| Free cash flow margin | - | 5.6% | - | - | 0.7% | - | - | 0.5% | - | - |
| FCF / Net income | - | 0.65 | - | - | 12.89 | - | - | 0.08 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 26.4% | 25.7% | 27.3% | 25.2% | 95.1% | 27.7% | 29.1% | 26.1% | - | 27.3% |
| Return on assets | 2.1% | 2.5% | 2.7% | 1.8% | 0.0% | 2.0% | 1.9% | 1.9% | - | 1.5% |
| Return on equity | 5.0% | 5.7% | 6.4% | 4.9% | 0.0% | 4.7% | 4.8% | 4.9% | - | 4.1% |
| Return on invested capital | 3.5% | 3.9% | 4.7% | 1.3% | 0.4% | 3.5% | 3.3% | 3.3% | - | 3.0% |
| Liquidity | ||||||||||
| Current ratio | 1.25 | 1.31 | 1.18 | 1.10 | 1.29 | 1.25 | 1.24 | 1.25 | 1.12 | 1.17 |
| Quick ratio | 1.25 | 1.31 | 1.18 | 1.10 | 1.29 | 1.25 | 1.24 | 1.25 | 1.12 | 1.17 |
| Cash ratio | 0.18 | 0.22 | 0.12 | 0.12 | 0.20 | 0.19 | 0.18 | 0.17 | 0.14 | 0.15 |
| Leverage | ||||||||||
| Debt / Equity | 0.47 | 0.45 | 0.43 | 0.49 | 0.48 | 0.47 | 0.60 | 0.61 | 0.63 | 0.62 |
| Debt / Assets | 0.20 | 0.20 | 0.18 | 0.18 | 0.19 | 0.21 | 0.23 | 0.24 | 0.23 | 0.23 |
| Debt / EBITDA | 6.42 | 5.38 | 4.48 | 17.06 | 21.06 | 6.42 | 7.71 | 7.24 | - | 8.78 |
| Interest coverage | 14.9x | 19.8x | 16.6x | 4.0x | 3.1x | - | - | - | - | - |
| Equity multiplier | 2.34 | 2.31 | 2.41 | 2.66 | 2.47 | 2.29 | 2.57 | 2.57 | 2.72 | 2.74 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.28 | 0.28 | 0.32 | 0.32 | 0.34 | 0.32 | 0.31 | 0.31 | - | 0.30 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 313d | 326d | 309d | 338d | 287d | 285d | 303d | 309d | - | 303d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 342d | 322d | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 82.7x | 85.1x | 77.5x | 1457.5x | - | 29.2x | 130.1x | 119.2x | - | 146.2x |
| P / B | 4.2x | 4.8x | 5.0x | 5.0x | 6.4x | 1.4x | 1.3x | 1.2x | - | 1.2x |
| P / S | 6.4x | 7.4x | 6.4x | 5.9x | 7.6x | 1.9x | 1.6x | 1.5x | - | 1.5x |
| EV / EBITDA | 61.7x | 61.3x | 55.3x | 187.1x | 295.3x | 23.4x | 22.2x | 19.5x | - | 24.1x |
| Growth | ||||||||||
| Revenue growth (YoY) | -7.7% | -14.8% | 1.9% | 5.6% | 15.7% | 11.2% | 8.1% | 37.3% | - | 35.8% |
| Revenue CAGR (3y) | 1.8% | 10.6% | 15.4% | 15.7% | 18.3% | 18.8% | 18.4% | 17.1% | - | 19.4% |
| Revenue CAGR (5y) | 10.1% | 9.6% | 14.1% | 12.5% | 12.2% | 11.9% | 12.3% | 10.1% | - | 9.6% |
| Gross profit growth (YoY) | -0.0% | -0.5% | 12.7% | 3.2% | 16.3% | 18.2% | 21.5% | 24.3% | - | 30.6% |
| Operating income growth (YoY) | 232.1% | 525.9% | 28.3% | -66.3% | -79.7% | 31.7% | 92.9% | 20.7% | - | 16.4% |
| Net income growth (YoY) | 22.5% | 13960.0% | 32.7% | 0.0% | -99.0% | 42.5% | 78.5% | -35.8% | - | 2.7% |
| EPS growth (YoY) | 1700.0% | - | -73.0% | -93.0% | - | 609.8% | -64.5% | -87.2% | - | -79.4% |
| EPS CAGR (3y) | -23.4% | -43.2% | -26.7% | -72.7% | - | 18.7% | -30.1% | -33.7% | - | -35.4% |
| EPS CAGR (5y) | -15.4% | -16.1% | -12.3% | -50.3% | - | 12.6% | -22.3% | -17.9% | - | -17.6% |
| FCF growth (YoY) | - | 607.3% | - | - | 66.3% | - | - | -71.3% | - | - |
| FCF CAGR (5y) | - | 16.8% | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 18.4% | 9.1% | -2.8% | -0.7% | 10.0% | 26.0% | 16.9% | 16.1% | 18.6% | 20.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-28.
Business segments
$5.44B totalCommercial International Services Group$2.81B · 51.5%
Government Services Group$2.64B · 48.5%
Geographic
$5.44B totalUS$3.45B · 63.3%
GB$771.72M · 14.2%
CA$512.29M · 9.4%
AU$489.10M · 9.0%
Other Countries$223.63M · 4.1%
Peer comparison
Same SIC group: Services-Engineering Services
Comparing TETRA TECH INC against the 5 most active filers in the same SIC group.
Dividends
$0.27/share trailing 12 months · +11.7% YoY
| Ex-date | Per share |
|---|---|
| May 14, 2026 | $0.0720 |
| Feb 12, 2026 | $0.0650 |
| Dec 1, 2025 | $0.0650 |
| Aug 15, 2025 | $0.0650 |
| May 23, 2025 | $0.0650 |
| Feb 12, 2025 | $0.0580 |
| Nov 27, 2024 | $0.0580 |
| Aug 15, 2024 | $0.0580 |
| May 17, 2024 | $0.0580 |
| Feb 13, 2024 | $0.0520 |
| Nov 29, 2023 | $0.0520 |
| Aug 22, 2023 | $0.0520 |
| May 23, 2023 | $0.0520 |
| Feb 10, 2023 | $0.0460 |
| Nov 18, 2022 | $0.0460 |
| Aug 11, 2022 | $0.0460 |
| May 12, 2022 | $0.0460 |
| Feb 10, 2022 | $0.0400 |
| Dec 1, 2021 | $0.0400 |
| Aug 19, 2021 | $0.0400 |
| May 11, 2021 | $0.0400 |
| Feb 9, 2021 | $0.0340 |
| Nov 27, 2020 | $0.0340 |
| Aug 20, 2020 | $0.0340 |