Tetra Tech Financial Statements
NASDAQ: TTEKConsumer DiscretionaryMilitary/Government/TechnicalUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Tetra Tech revenue and earnings
In fiscal 2025, Tetra Tech generated $5.44 billion in revenue, up 4.7% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $247.9 million (-25.6% year over year), for a net margin of 4.6% versus a median of 6.4% in the prior 5 years. Gross margin was 17.7% (up from 16.7%) and operating margin 7.5%.
Diluted earnings per share came in at $0.93, down from $1.23. Over the last 5 fiscal years, TTEK's revenue has grown at a 12.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Tetra Tech income statement (annual)
| Fiscal year (USD) | FY 20252025-09-28 | FY 20242024-09-29 | FY 20232023-10-01 | FY 20222022-10-02 | FY 20212021-10-03 | FY 20202020-09-27 | FY 20192019-09-29 | FY 20182018-09-30 | FY 20172017-10-01 | FY 20162016-10-02 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.44B | 5.20B | 4.52B | 3.50B | 3.21B | 2.99B | 3.11B | 2.96B | 2.75B | 2.58B |
| Revenue growth (YoY) | +4.69% | +14.95% | +29.07% | +9.04% | +7.30% | -3.62% | +4.83% | +7.66% | +6.58% | +12.36% |
| Cost of Revenue | 825.23M | 876.82M | 771.46M | — | — | — | — | — | — | — |
| Gross Profit | 961.34M | 866.44M | 725.03M | 575.56M | 498.40M | 446.54M | 408.18M | 384.46M | 353.64M | 330.21M |
| Operating Expenses | 552.92M | 365.70M | 366.92M | 235.11M | 219.70M | 205.44M | 219.42M | 194.37M | 170.30M | 194.36M |
| Operating Income | 408.42M | 500.74M | 358.11M | 340.45M | 278.70M | 241.09M | 188.76M | 190.09M | 183.34M | 135.85M |
| Interest Expense | 40.64M | 44.56M | 52.44M | 13.36M | 12.75M | 14.47M | 15.36M | 17.35M | 12.31M | 12.38M |
| Other Income (Expense) | 0 | 0 | 89.40M | 19.90M | 0 | 0 | — | — | — | — |
| Pretax Income | 377.62M | 463.47M | 400.98M | 348.77M | 266.87M | 227.99M | 175.14M | 174.56M | 171.76M | 124.47M |
| Income Tax | 129.67M | 130.02M | 127.53M | 85.60M | 34.04M | 54.10M | 16.38M | 37.60M | 53.84M | 40.61M |
| Net Income | 247.95M | 333.44M | 273.45M | 263.16M | 232.83M | 173.89M | 158.76M | 136.96M | 117.92M | 83.85M |
| Net Income growth (YoY) | -25.64% | +21.94% | +3.91% | +13.03% | +33.90% | +9.53% | +15.92% | +16.15% | +40.62% | +113.76% |
| EPS (Basic) | 0.94 | 1.25 | 1.03 | 0.98 | 4.31 | 3.21 | 2.89 | 2.46 | 2.07 | 1.44 |
| EPS (Diluted) | 0.93 | 1.23 | 1.02 | 0.97 | 4.26 | 3.16 | 2.84 | 2.42 | 2.04 | 1.42 |
| Shares Outstanding (Basic) | 264.71M | 267.36M | 266.01M | 268.10M | 54.08M | 54.23M | 54.99M | 55.67M | 56.91M | 58.19M |
| Shares Outstanding (Diluted) | 267.12M | 270.04M | 268.19M | 270.81M | 54.67M | 55.02M | 55.94M | 56.60M | 57.91M | 58.97M |
| EBITDA | 466.69M | 574.41M | 419.32M | 367.48M | 302.51M | 265.70M | 217.61M | 228.72M | 229.10M | 181.44M |
| Gross Margin | 17.66% | 16.67% | 16.03% | 16.43% | 15.51% | 14.91% | 13.14% | 12.97% | 12.84% | 12.78% |
| Operating Margin | 7.50% | 9.63% | 7.92% | 9.72% | 8.67% | 8.05% | 6.07% | 6.41% | 6.66% | 5.26% |
| Net Margin | 4.56% | 6.41% | 6.05% | 7.51% | 7.25% | 5.81% | 5.11% | 4.62% | 4.28% | 3.25% |
This table shows 10 annual periods of Tetra Tech's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow TTEK's reporting calendar. What is a income statement?