Tetra Tech (TTEK)

Nasdaq Industrials Construction & Engineering S&P MidCap 400

$40.29

-0.27 (-0.67%)

Close of Nov 06, 2026 · end-of-day data

Source: Tetra Tech's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 03, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$2.58B	$2.75B	$2.96B	$3.11B	$2.99B	$3.21B	$3.50B	$4.52B	$5.20B	$5.44B
Cost of revenue	—	—	—	—	—	—	—	$771.46M	$876.82M	$825.23M
Gross profit	$330.21M	$353.64M	$384.46M	$408.18M	$446.54M	$498.40M	$575.56M	$725.03M	$866.44M	$961.34M
Operating income	$135.85M	$183.34M	$190.09M	$188.76M	$241.09M	$278.70M	$340.45M	$358.11M	$500.74M	$408.42M
Interest expense	$12.38M	$12.31M	$17.35M	$15.36M	$14.47M	$12.75M	$13.36M	$52.44M	$44.56M	$40.64M
Pre-tax income	$124.47M	$171.76M	$174.56M	$175.14M	$227.99M	$266.87M	$348.77M	$400.98M	$463.47M	$377.62M
Income tax	$40.61M	$53.84M	$37.60M	$16.38M	$54.10M	$34.04M	$85.60M	$127.53M	$130.02M	$129.67M
Net income	$83.78M	$117.87M	$136.88M	$158.67M	$173.86M	$232.81M	$263.12M	$273.42M	$333.38M	$247.72M
EBITDA	$181.44M	$229.10M	$228.72M	$217.61M	$265.70M	$302.51M	$367.48M	$419.32M	$574.41M	$466.69M
EPS (basic)	$1.44	$2.07	$2.46	$2.89	$3.21	$4.31	$0.98	$1.03	$1.25	$0.94
EPS (diluted)	$1.42	$2.04	$2.42	$2.84	$3.16	$4.26	$0.97	$1.02	$1.23	$0.93
Diluted shares	58.97M	57.91M	56.60M	55.94M	55.02M	54.67M	270.81M	268.19M	270.04M	267.12M
Gross margin	12.8%	12.8%	13.0%	13.1%	14.9%	15.5%	16.4%	16.0%	16.7%	17.7%
Operating margin	5.3%	6.7%	6.4%	6.1%	8.1%	8.7%	9.7%	7.9%	9.6%	7.5%
Net margin	3.2%	4.3%	4.6%	5.1%	5.8%	7.2%	7.5%	6.0%	6.4%	4.6%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$160.46M	$189.97M	$146.19M	$120.73M	$157.51M	$166.57M	$185.09M	$168.83M	$232.69M	$167.46M
Receivables	$714.34M	$788.77M	$694.22M	$768.72M	$649.03M	$669.00M	$755.11M	$974.53M	$1.05B	$1.16B
Total current assets	$935.43M	$1.04B	$1.05B	$1.08B	$999.78M	$1.07B	$1.16B	$1.36B	$1.53B	$1.62B
Goodwill	$717.99M	$740.89M	$798.82M	$924.82M	$993.50M	$1.11B	$1.11B	$1.88B	$2.05B	$2.05B
Total assets	$1.80B	$1.90B	$1.96B	$2.15B	$2.38B	$2.58B	$2.62B	$3.82B	$4.19B	$4.28B
Total current liabilities	$481.09M	$537.67M	$618.09M	$769.95M	$793.46M	$848.48M	$916.02M	$1.21B	$1.22B	$1.38B
Short-term debt	$15.51M	$15.59M	$12.60M	$12.50M	$49.26M	$12.50M	$12.50M	$0	$0	—
Long-term debt	$331.50M	$341.28M	$264.71M	$263.93M	$242.40M	$200.00M	$246.25M	$879.53M	$812.63M	$763.36M
Total debt	$347.01M	$356.87M	$277.31M	$276.43M	$291.66M	$212.50M	$258.75M	$879.53M	$812.63M	$763.36M
Total liabilities	$931.52M	$974.29M	$992.45M	$1.16B	$1.34B	$1.34B	$1.44B	$2.42B	$2.36B	$2.50B
Shareholders' equity	$869.26M	$928.45M	$966.97M	$989.29M	$1.04B	$1.23B	$1.18B	$1.40B	$1.83B	$1.78B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$142.02M	$141.49M	$185.73M	$208.51M	$262.48M	$304.37M	$336.19M	$368.46M	$358.71M	$457.69M
Capital expenditures	$11.95M	$9.74M	$9.73M	$16.20M	$12.24M	$8.57M	$10.58M	$26.90M	$18.14M	$18.63M
Free cash flow	$130.07M	$131.75M	$176.01M	$192.31M	$250.23M	$295.80M	$325.61M	$341.56M	$340.57M	$439.05M
Investing cash flow	-$94.02M	-$16.96M	-$42.63M	-$99.71M	-$63.02M	-$92.99M	-$55.74M	-$771.20M	-$111.04M	-$106.75M
Financing cash flow	-$25.39M	-$98.27M	-$181.96M	-$135.06M	-$163.05M	-$210.10M	-$249.61M	$382.38M	-$191.38M	-$410.24M
Dividends paid	$19.73M	$21.67M	$24.48M	$29.67M	$34.74M	$40.04M	$46.10M	$52.11M	$58.83M	$65.04M
Share buybacks	$99.50M	$100.00M	$75.00M	$100.00M	$117.19M	$60.00M	$200.00M	$0	$0	$249.98M
Stock-based compensation	$12.96M	$13.45M	$19.58M	$17.62M	$19.42M	$23.07M	$26.23M	$28.61M	$31.16M	$33.95M
Depreciation & amortization	$45.59M	$45.76M	$38.64M	$28.84M	$24.61M	$23.80M	$27.03M	$61.21M	$73.68M	$58.28M

Income statement

quarters · USD

Quarter ended	Oct 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	$1.26B	$1.23B	$1.25B	$1.34B	$1.37B	$1.42B	$1.32B	$1.37B	$1.33B	$1.21B	$1.22B	$1.31B
Cost of revenue	—	—	—	—	—	$223.23M	$218.41M	$216.80M	$166.79M	$173.49M	$170.52M	$200.00M
Gross profit	$212.09M	$190.50M	$207.50M	$223.17M	$245.28M	$221.48M	$214.18M	$251.54M	$274.15M	$220.37M	$214.09M	$243.21M
Operating income	$107.38M	$111.08M	$117.68M	$128.63M	$143.34M	$22.53M	$39.60M	$164.99M	$181.30M	$140.99M	$131.52M	$157.93M
Interest expense	—	$9.58M	$9.88M	$9.91M	$15.19M	$7.22M	$8.49M	$8.29M	$16.64M	$7.13M	$8.84M	$7.16M
Pre-tax income	$94.40M	$101.50M	$107.80M	$118.72M	$135.44M	$15.31M	$31.11M	$156.70M	$174.50M	$141.58M	$127.34M	$150.77M
Income tax	$40.74M	$26.52M	$31.34M	$32.89M	$39.27M	$14.53M	$25.70M	$42.81M	$46.62M	$36.35M	$33.54M	$40.97M
Net income	$53.65M	$74.97M	$76.45M	$85.81M	$96.15M	$747.00K	$5.39M	$113.84M	$127.75M	$105.03M	$93.62M	$109.58M
EBITDA	$125.36M	$130.56M	$135.41M	$148.13M	$160.30M	$38.59M	$53.48M	$178.68M	$195.94M	$154.99M	$145.86M	$172.69M
EPS (basic)	$0.20	$0.28	$0.29	$0.32	$0.36	$0.00	$0.02	$0.43	$0.49	$0.40	$0.36	$0.42
EPS (diluted)	$0.20	$0.28	$0.28	$0.32	$0.35	$0.00	$0.02	$0.43	$0.48	$0.40	$0.36	$0.42
Diluted shares	268.51M	268.69M	269.38M	270.26M	271.66M	271.89M	267.44M	264.86M	264.25M	262.73M	261.92M	259.78M
Gross margin	16.8%	15.5%	16.6%	16.6%	17.8%	15.6%	16.2%	18.4%	20.6%	18.2%	17.5%	18.6%
Operating margin	8.5%	9.0%	9.4%	9.6%	10.4%	1.6%	3.0%	12.0%	13.6%	11.6%	10.8%	12.1%
Net margin	4.3%	6.1%	6.1%	6.4%	7.0%	0.1%	0.4%	8.3%	9.6%	8.7%	7.7%	8.4%

Balance sheet

quarters · USD

Quarter ended	Oct 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Cash & equivalents	$168.83M	$198.69M	$210.29M	$212.32M	$232.69M	$248.10M	$179.43M	$242.83M	$167.46M	$269.45M	$223.61M	$230.84M
Receivables	$974.53M	$1.04B	$1.04B	$1.05B	$1.05B	$1.12B	$1.22B	$1.13B	$1.16B	$1.08B	$1.05B	$1.08B
Total current assets	$1.36B	$1.45B	$1.48B	$1.51B	$1.53B	$1.63B	$1.67B	$1.62B	$1.62B	$1.60B	$1.54B	$1.58B
Goodwill	$1.88B	$1.92B	$1.98B	$1.99B	$2.05B	$1.97B	$1.91B	$2.08B	$2.05B	$2.07B	$2.21B	$2.22B
Total assets	$3.82B	$3.95B	$4.07B	$4.08B	$4.19B	$4.18B	$4.18B	$4.35B	$4.28B	$4.26B	$4.36B	$4.39B
Total current liabilities	$1.21B	$1.16B	$1.19B	$1.25B	$1.22B	$1.27B	$1.52B	$1.38B	$1.38B	$1.22B	$1.23B	$1.33B
Short-term debt	$0	—	—	—	$0	—	$250.00M	—	—	—	—	—
Long-term debt	$879.53M	$945.32M	$951.03M	$861.83M	$812.63M	$888.45M	$764.19M	$862.48M	$763.36M	$834.26M	$880.16M	$801.06M
Total debt	$879.53M	$945.32M	$951.03M	$861.83M	$812.63M	$888.45M	$1.01B	$862.48M	$763.36M	$834.26M	$880.16M	$801.06M
Total liabilities	$2.42B	$2.41B	$2.49B	$2.42B	$2.36B	$2.49B	$2.61B	$2.61B	$2.50B	$2.42B	$2.50B	$2.54B
Shareholders' equity	$1.40B	$1.54B	$1.58B	$1.67B	$1.83B	$1.69B	$1.57B	$1.74B	$1.78B	$1.85B	$1.86B	$1.85B

Cash flow

quarters · USD

Quarter ended	Oct 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Operating cash flow	$122.41M	$9.25M	$102.94M	$140.93M	$105.60M	$13.06M	-$5.82M	$349.60M	$100.85M	$72.27M	$165.34M	$228.94M
Capital expenditures	$9.58M	$3.43M	$4.03M	$3.86M	$6.81M	$3.43M	$5.59M	$3.49M	$6.12M	$4.15M	$5.99M	$3.81M
Free cash flow	$112.83M	$5.81M	$98.91M	$137.07M	$98.79M	$9.63M	-$11.41M	$346.11M	$94.73M	$68.11M	$159.35M	$225.13M
Investing cash flow	-$9.30M	-$3.43M	-$75.73M	-$25.15M	-$6.74M	-$3.43M	-$9.34M	-$95.50M	$1.52M	$37.46M	-$182.34M	-$20.68M
Financing cash flow	-$112.02M	$18.39M	-$12.76M	-$113.09M	-$83.92M	$19.39M	-$56.83M	-$197.55M	-$175.26M	-$10.87M	-$28.64M	-$200.52M
Dividends paid	$13.85M	$13.87M	$13.91M	$15.52M	$15.53M	$15.55M	$15.35M	$17.09M	$17.05M	$16.94M	$16.91M	$18.62M
Share buybacks	$0	$0	$0	$0	$0	$25.00M	$149.98M	$25.00M	$50.00M	$50.00M	$52.01M	$100.00M
Stock-based compensation	$6.97M	$7.64M	$7.98M	$8.10M	$7.44M	$8.14M	$8.88M	$8.76M	$8.16M	$8.18M	$9.49M	$9.77M
Depreciation & amortization	$17.98M	$19.48M	$17.73M	$19.50M	$16.96M	$16.06M	$13.88M	$13.70M	$14.64M	$14.00M	$14.34M	$14.77M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.