Zacks Investment Research·Sep 14, 2026
Tetra Tech's Board Approves Additional Share Buyback ProgramTTEK expands its share buyback authority to $898 million as stronger cash flow supports returns, acquisitions and debt reduction.
Tetra Tech is executing well on federal and data center demand, with revenue growth accelerating to 13.5% YoY in 2026Q3 and free cash flow surging to $225.1M (17.2% margin). However, gross margin declined 200bps to 18.6% and EPS missed consensus by $0.05, sugg...
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Revenue growth accelerated to 13.5% YoY in 2026Q3, but gross margin fell 200bps to 18.6% from 20.6% in 2025Q4, while operating margin rebounded to 12.1% from a 1.9% trough in 2025Q1.
Even in a worst-case scenario, EPS is projected to grow 10–11% in 2026 due to proactive derisking and a shift to higher-margin work.
Tetra Tech's exposure to water and environmental infrastructure, coupled with digital automation, is driving growth.
Management is shifting focus to higher-margin disaster response, federal, and state/local work, enhancing profitability.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jul 29, 2026 | $0.42+5.9% vs $0.40 | $1.1B+2.7% vs $1.1B |
Q2 2026 Apr 29, 2026 | $0.34+9.7% vs $0.31 | $1.0B+4.7% vs $1.0B |
Q1 2026 Jan 28, 2026 | $0.35+12.9% vs $0.31 | $1.0B+6.3% vs $976M |
Q4 2025 Nov 12, 2025 | $0.45+11.6% vs $0.40 | $1.3B+25.0% vs $1.1B |
TTEK expands its share buyback authority to $898 million as stronger cash flow supports returns, acquisitions and debt reduction.
PASADENA, Calif.--(BUSINESS WIRE)-- #balancedcapitalallocation--Tetra Tech, Inc. (NASDAQ: TTEK), a global provider of high-end technical and engineering services, Leading with Science® in water, environment and sustainable infrastructure, announced today that its Board of Directors approved an additional $500 million share repurchase authorization. This more than doubles the amount remaining under the Company's existing share repurchase program at the end of the third quarter of fiscal 2026, increasing total available share.
Hsbc Holdings PLC lifted its position in shares of Tetra Tech, Inc. (NASDAQ: TTEK) by 45.9% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 628,625 shares of the industrial products company's stock after purchasing an additional 197,653 shares during the quarter.
Tetra (TTEK) reported earnings 30 days ago. What's next for the stock?
Benchmark TTEK against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Tetra Tech, Inc. (TTEK)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $35.46 | $9.2B | 38.13 | 4.69% | 4.55% | 13.72% | 0.69% | |
| $62.27 | $8B | 14.79 | 0.21% | 1.87% | 11.5% | — | |
| $66.22 | $3.21B | 31.99 | 4.21% | 17.67% | 31.48% | — | |
| $76.32 | $4.14B | 15.20 | 18.97% | 1.92% | 8.46% | — | |
| $79.89 | $1.21B | 22.89 | 20.46% | 8.8% | 20.92% | — | |
| $642.63 | $96.43B | 94.50 | 19.76% | 4.08% | 14.73% | — |
Tetra Tech, Inc. (TTEK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Tetra Tech, Inc. (TTEK) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 29, 2026·SEC
Apr 29, 2026·SEC
Mar 26, 2026·SEC
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Tetra Tech, Inc. (TTEK) stock FAQ — growth, dividends, profitability & financials explained
Tetra Tech, Inc. (TTEK) reported $5.07B in revenue for fiscal year 2025. This represents a 2203% increase from $220.1M in 1996.
Tetra Tech, Inc. (TTEK) grew revenue by 4.7% over the past year. Growth has been modest.
Yes, Tetra Tech, Inc. (TTEK) is profitable, generating $436.2M in net income for fiscal year 2025 (4.6% net margin).
Yes, Tetra Tech, Inc. (TTEK) pays a dividend with a yield of 0.69%. This makes it attractive for income-focused investors.
Tetra Tech, Inc. (TTEK) has a return on equity (ROE) of 13.7%. This is reasonable for most industries.
Tetra Tech, Inc. (TTEK) generated $548.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
