Tetra Tech Inc income statement
In fiscal 2025, Tetra Tech Inc reported revenue of $5.44bn, up 4.7% on the year before, operating income of $408m (a 7.5% margin) and net income of $248m, or $0.93 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Oct 2016 | 2017Oct 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Oct 2021 | 2022Oct 2022 | 2023Oct 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,583 | 2,753 | 2,964 | 3,107 | 2,995 | 3,214 | 3,504 | 4,523 | 5,199 | 5,443 | 5,069 |
| Cost of revenue | — | — | — | — | — | — | — | 771 | 877 | 825 | 711 |
| Gross profit | 330 | 354 | 384 | 408 | 447 | 498 | 576 | 725 | 866 | 961 | 952 |
| Operating income | 136 | 183 | 190 | 189 | 241 | 279 | 340 | 358 | 501 | 408 | 612 |
| Interest expense | 12 | 12 | 17 | 15 | 14 | 13 | 13 | 52 | 45 | 41 | 40 |
| Income before tax | 124 | 172 | 175 | 175 | 228 | 267 | 349 | 401 | 463 | 378 | 594 |
| Income tax | 41 | 54 | 38 | 16 | 54 | 34 | 86 | 128 | 130 | 130 | 157 |
| Net income | 84 | 118 | 137 | 159 | 174 | 233 | 263 | 273 | 333 | 248 | 436 |
| Diluted EPS | $0.28 | $0.41 | $0.48 | $0.57 | $0.63 | $0.85 | $0.97 | $1.02 | $1.23 | $0.93 | $1.66 |
| Diluted shares (average) | 295m | 290m | 283m | 280m | 275m | 273m | 271m | 268m | 270m | 267m | 262m |
| EBITDA | 181 | 229 | 229 | 218 | 266 | 303 | 367 | 419 | 574 | 467 | 652 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,374 | 1,421 | 1,322 | 1,370 | 1,330 | 1,211 | 1,220 | 1,309 |
| Cost of revenue | — | 223 | 218 | 217 | 167 | 173 | 171 | 200 |
| Gross profit | 245 | 221 | 214 | 252 | 274 | 220 | 214 | 243 |
| Operating income | 143 | 23 | 40 | 165 | 181 | 141 | 132 | 158 |
| Interest expense | 15 | 7 | 8 | 8 | 17 | 7 | 9 | 7 |
| Income before tax | 135 | 15 | 31 | 157 | 174 | 142 | 127 | 151 |
| Income tax | 39 | 15 | 26 | 43 | 47 | 36 | 34 | 41 |
| Net income | 96 | 1 | 5 | 114 | 128 | 105 | 94 | 110 |
| Diluted EPS | $0.35 | $0.00 | $0.02 | $0.43 | $0.48 | $0.40 | $0.36 | $0.42 |
| EBITDA | 160 | 39 | 45 | 170 | 196 | 155 | 137 | 164 |
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