NASDAQ$TTEK

Tetra Tech Inc · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Tetra Tech reported fiscal Q1 2026 revenue of $1.21B with net income of $105M and diluted EPS of $0.40.

First-quarter revenue was $1.21 billion with net income attributable to Tetra Tech of $105 million and diluted EPS of $0.40, up sharply year over year. The company cited strong demand in water, environment, and sustainable infrastructure programs.

  • Q1 FY26 revenue $1.21B.
  • Net income $105M; diluted EPS $0.40.
  • Government and infrastructure end markets drove backlog.
  • Net favorable revenue adjustments ~$18M in the quarter.

Headline financials

Total Revenue

$1.21B

Previous: $1.2B+1.1%
EPS (adj)

$0.40

Previous: $0.35+14.3%
Net Revenue

$1.04B

No prior period
Adjusted EBITDA

$147M

No prior period
Adjusted EBITDA Margin Improvement

140

No prior period
Adjusted EPS Growth

17.0%

No prior period
DSO Improved

51

No prior period
Backlog

$3.95B

No prior period
Cash from Operations

$72M

No prior period
Quarterly Dividend

$0.07

No prior period
Quarterly Dividend Increase

12.0%

No prior period
Common Stock Repurchased

$50M

No prior period
Remaining Share Repurchase Program

$548M

No prior period
Capital Expenditures

-$4.15M

Previous: -$3.43M-20.9%
Net Income

$105M

Previous: $747K+13985.9%
Operating Income

$141M

Previous: $23M+513.0%
Gross Profit

$220M

Previous: $221M-0.5%

Revenue & EPS history

Tetra Tech · Revenue · Quarterly

$1.21B

Q1 2026+1.1%vs Q1 2025
Beat estimate in 15 of 15 quarters(100%)
ActualEstimate

Forward guidance

The release discusses Tetra Tech's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Tetra Tech cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.6%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+1.2%

Avg return

30 days after

53%

36 / 68 earnings

Positive

+17.2%

Q4 2022

Best reaction

-12.8%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-1.0%-0.7%-13.7%
Q1 2026+3.2%+5.2%-3.4%
Q4 2025+15.4%+9.8%+6.5%
Q2 2025+13.0%+13.5%+15.3%
Q1 2025-2.9%-8.3%-22.5%
Q4 2024-12.8%-14.0%-11.2%
Q3 2024+7.9%+6.5%+11.5%
Q2 2024+4.9%+8.9%+7.6%
Q1 2024+0.2%+0.6%+7.6%
Q4 2023+1.7%+2.3%+2.8%
Q3 2023+0.8%-0.1%-6.9%
Q2 2023+1.4%-2.6%+8.8%
Q1 2023-1.6%-3.6%-10.7%
Q4 2022+17.2%+13.7%+9.1%
Q3 2022-4.3%-6.7%-12.7%
Q2 2022-3.3%-8.8%+0.5%
Q1 2022+3.9%+3.5%+13.1%
Q4 2021+3.3%+3.6%-10.8%
Q3 2021+1.6%+3.0%+10.8%
Q2 2021-4.9%-7.8%-11.0%
Q1 2021-4.8%-7.1%+3.6%
Q4 2020+1.8%+8.8%+0.9%
Q3 2020+4.5%+5.3%+8.3%
Q2 2020-4.9%-10.6%-0.3%
Q1 2020-0.8%-2.6%-9.7%
Q4 2019-0.9%+0.0%-1.4%
Q3 2019-3.4%-5.4%+2.1%
Q2 2019+4.5%+5.0%+4.3%
Q1 2019+13.6%+12.9%+24.7%
Q4 2018+7.7%-0.6%-18.7%
Q3 2018+8.7%+12.8%+14.8%
Q2 2018+2.5%+5.9%+16.9%
Q1 2018+7.0%-3.6%-0.7%
Q4 2017-2.4%+1.0%-0.7%
Q3 2017-11.5%-11.8%-9.6%
Q2 2017+0.6%+3.5%+5.1%
Q1 2017-7.7%-5.1%-6.8%
Q4 2016+4.3%+7.6%+14.9%
Q3 2016+2.3%+1.3%+7.1%
Q2 2016-1.6%
Q1 2016+5.3%
Q4 2015-3.9%
Q3 2015+1.8%
Q2 2015+8.4%
Q1 2015-3.9%
Q4 2014+1.9%
Q3 2014-9.7%
Q2 2014-5.0%
Q1 2014+0.7%
Q4 2013+8.7%
Q3 2013-0.2%
Q2 2013+1.1%
Q1 2013-2.2%
Q4 2012-3.4%
Q3 2012-4.3%
Q2 2012-2.4%
Q1 2012+1.9%
Q4 2011+0.2%
Q3 2011-12.5%
Q2 2011+4.9%
Q1 2010+1.3%
Q1 2011+1.2%
Q4 2008-2.6%
Q2 2010-2.6%
Q4 2010-2.6%
Q3 2010-0.5%
Q4 2009-0.5%
Q3 2009-0.5%

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