Tetra Tech, Inc. (TTEK) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 1.22B | 1.21B | 1.33B | 1.15B | 1.1B | 1.2B | 1.14B | 1.11B | 1.05B | 1.02B | 1.06B | 987.56M | 969.57M | 736.56M | 736.12M | 720.49M | 699.64M | 679.33M | 709.13M | 638.04M |
| Revenue Growth % | 10.55% | 1.11% | 16.22% | 3.91% | 4.85% | 17.94% | 8.24% | 12.36% | 8.57% | 37.83% | 43.65% | 37.07% | 38.58% | 8.42% | 3.81% | 12.92% | 16.64% | 12.25% | 20.23% | 13.88% |
| Cost of Goods Sold | 1.01B | 990.29M | 1.06B | 901.48M | 889.52M | 975.85M | 899.21M | 886.41M | 845.13M | 824.67M | 845.31M | 798.71M | 798.72M | 583.32M | 580.08M | 575.9M | 564.47M | 539.57M | 565.22M | 512.35M |
| COGS % of Revenue | 82.45% | 81.8% | 79.39% | 78.18% | 80.59% | 81.5% | 78.57% | 79.89% | 80.29% | 81.23% | 79.94% | 80.88% | 82.38% | 79.19% | 78.8% | 79.93% | 80.68% | 79.43% | 79.71% | 80.3% |
| Gross Profit | 214.09M | 220.37M | 274.15M | 251.54M | 214.18M | 221.48M | 245.28M | 223.17M | 207.5M | 190.5M | 212.09M | 188.85M | 170.85M | 153.25M | 156.03M | 144.58M | 135.17M | 139.77M | 143.91M | 125.7M |
| Gross Margin % | 17.55% | 18.2% | 20.61% | 21.82% | 19.41% | 18.5% | 21.43% | 20.11% | 19.71% | 18.77% | 20.06% | 19.12% | 17.62% | 20.81% | 21.2% | 20.07% | 19.32% | 20.57% | 20.29% | 19.7% |
| Gross Profit Growth % | -0.04% | -0.5% | 11.77% | 12.71% | 3.22% | 16.26% | 15.65% | 18.18% | 21.45% | 24.31% | 35.93% | 30.61% | 26.39% | 9.64% | 8.43% | 15.03% | 20.17% | 20.17% | 14.76% | 9.88% |
| Operating Expenses | 82.63M | 79.38M | 102.51M | 86.55M | 174.58M | 198.95M | 101.93M | 94.54M | 89.81M | 79.42M | 104.72M | 91.17M | 109.83M | 61.2M | 61.23M | 60.68M | 60.65M | 52.55M | 62.07M | 55.89M |
| OpEx % of Revenue | 6.77% | 6.56% | 7.71% | 7.51% | 15.82% | 16.62% | 8.91% | 8.52% | 8.53% | 7.82% | 9.9% | 9.23% | 11.33% | 8.31% | 8.32% | 8.42% | 8.67% | 7.73% | 8.75% | 8.76% |
| Selling, General & Admin | 82.63M | 86.82M | 102.51M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A % of Revenue | 6.77% | 7.17% | 7.71% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | -1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 131.47M | 140.99M | 171.63M | 164.99M | 39.6M | 22.53M | 143.34M | 128.63M | 117.68M | 111.08M | 107.38M | 97.67M | 61.01M | 92.05M | 94.8M | 83.91M | 74.52M | 87.22M | 81.84M | 69.81M |
| Operating Margin % | 10.77% | 11.65% | 12.9% | 14.31% | 3.59% | 1.88% | 12.52% | 11.59% | 11.18% | 10.94% | 10.15% | 9.89% | 6.29% | 12.5% | 12.88% | 11.65% | 10.65% | 12.84% | 11.54% | 10.94% |
| Operating Income Growth % | 231.96% | 525.92% | 19.74% | 28.26% | -66.35% | -79.72% | 33.49% | 31.69% | 92.89% | 20.67% | 13.27% | 16.41% | -18.13% | 5.54% | 15.84% | 20.2% | 22.55% | 31.65% | 22.63% | 9.89% |
| EBITDA | 145.81M | 154.99M | 186.27M | 178.68M | 53.48M | 38.59M | 160.3M | 148.13M | 135.41M | 130.56M | 125.36M | 117.36M | 77.93M | 98.67M | 102.29M | 90.79M | 81.07M | 93.33M | 88.83M | 75.09M |
| EBITDA Margin % | 11.95% | 12.8% | 14% | 15.5% | 4.85% | 3.22% | 14.01% | 13.35% | 12.86% | 12.86% | 11.86% | 11.88% | 8.04% | 13.4% | 13.9% | 12.6% | 11.59% | 13.74% | 12.53% | 11.77% |
| EBITDA Growth % | 172.64% | 301.64% | 16.2% | 20.62% | -60.51% | -70.44% | 27.87% | 26.22% | 73.76% | 32.33% | 22.56% | 29.27% | -3.87% | 5.72% | 15.15% | 20.9% | 22.66% | 28.75% | 22.9% | 7.61% |
| D&A (Non-Cash Add-back) | 14.34M | 14M | 14.64M | 13.7M | 13.88M | 16.06M | 16.96M | 19.5M | 17.73M | 19.48M | 17.98M | 19.68M | 16.92M | 6.62M | 7.49M | 6.88M | 6.55M | 6.11M | 6.99M | 5.29M |
| EBIT | 131.47M | 148.7M | 171.63M | 164.93M | 130.09M | 137.53M | 154.34M | 129.13M | 117.7M | 111.08M | 134.9M | 99.78M | 88.5M | 96.74M | 95.39M | 83.64M | 74.69M | 87.22M | 79.96M | 69.81M |
| Net Interest Income | -8.84M | -7.13M | -6.81M | -8.29M | -8.49M | -7.22M | -7.9M | -9.91M | -9.88M | -9.58M | -12.97M | -14.87M | -13.32M | -5.37M | -2.62M | -2.92M | -3.14M | -2.9M | -3.25M | -2.74M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 254K | 0 |
| Interest Expense | 8.84M | 7.13M | 6.81M | 8.29M | 8.49M | 7.22M | 7.9M | 9.91M | 9.88M | 9.58M | 12.97M | 14.87M | 13.32M | 5.37M | 2.62M | 2.92M | 3.14M | 2.9M | 3.5M | 2.74M |
| Other Income/Expense | -4.13M | 582K | 2.87M | -8.29M | -8.49M | -7.22M | -7.9M | -9.91M | -9.88M | -9.58M | -12.97M | -14.87M | 8.08M | 62.62M | 17.29M | -2.92M | -3.14M | -2.9M | -3.25M | -2.74M |
| Pretax Income | 127.34M | 141.58M | 174.5M | 156.7M | 31.11M | 15.31M | 135.44M | 118.72M | 107.8M | 101.5M | 94.4M | 82.81M | 69.09M | 154.67M | 112.09M | 80.99M | 71.38M | 84.32M | 78.59M | 67.07M |
| Pretax Margin % | 10.44% | 11.69% | 13.12% | 13.59% | 2.82% | 1.28% | 11.83% | 10.7% | 10.24% | 10% | 8.93% | 8.38% | 7.13% | 21% | 15.23% | 11.24% | 10.2% | 12.41% | 11.08% | 10.51% |
| Income Tax | 33.54M | 36.35M | 46.62M | 42.81M | 25.7M | 14.53M | 39.27M | 32.89M | 31.34M | 26.52M | 40.74M | 22.57M | 26.25M | 37.96M | 29.13M | 22.33M | 18.33M | 15.82M | -4.34M | 15.15M |
| Effective Tax Rate % | 26.34% | 25.68% | 26.72% | 27.32% | 82.6% | 94.92% | 28.99% | 27.71% | 29.07% | 26.13% | 43.16% | 27.25% | 38% | 24.54% | 25.99% | 27.57% | 25.68% | 18.76% | -5.52% | 22.58% |
| Net Income | 93.62M | 105.22M | 127.75M | 113.84M | 5.39M | 747K | 96.15M | 85.81M | 76.45M | 74.97M | 53.65M | 60.23M | 42.83M | 116.71M | 82.95M | 58.65M | 53.04M | 68.49M | 82.95M | 51.9M |
| Net Margin % | 7.67% | 8.69% | 9.6% | 9.87% | 0.49% | 0.06% | 8.4% | 7.73% | 7.26% | 7.39% | 5.07% | 6.1% | 4.42% | 15.84% | 11.27% | 8.14% | 7.58% | 10.08% | 11.7% | 8.13% |
| Net Income Growth % | 1637.62% | 13985.94% | 32.85% | 32.67% | -92.95% | -99% | 79.23% | 42.46% | 78.49% | -35.76% | -35.32% | 2.7% | -19.25% | 70.4% | -0.01% | 13% | 16.53% | 30.61% | 85.77% | 14.08% |
| Net Income (Continuing) | 93.8M | 105.22M | 127.88M | 113.88M | 5.41M | 778K | 96.18M | 85.82M | 76.46M | 74.98M | 53.66M | 60.24M | 42.84M | 116.72M | 82.96M | 58.66M | 53.05M | 68.5M | 82.93M | 51.92M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 370K | 546K | 379K | 156K | 123K | 122K | 91K | 65K | 56K | 81K | 73K | 73K | 69K | 59K | 50K | 47K | 41K | 63K | 53K | 95K |
| EPS (Diluted) | 0.36 | 0.40 | 0.48 | 0.43 | 0.02 | 0.00 | 0.35 | 0.32 | 0.28 | 0.28 | 0.20 | 0.22 | 0.16 | 0.44 | 0.31 | 0.22 | 0.20 | 0.25 | 0.30 | 0.19 |
| EPS Growth % | 1682.18% | - | 37.14% | 34.38% | -92.79% | -99.04% | 75% | 45.45% | 75% | -36.36% | -35.48% | 0% | -20% | 76% | 3.33% | 15.79% | 17.65% | 31.58% | 87.5% | 11.76% |
| EPS (Basic) | 0.36 | 0.40 | 0.49 | 0.43 | 0.02 | 0.00 | 0.35 | 0.32 | 0.29 | 0.28 | 0.20 | 0.23 | 0.16 | 0.44 | 0.31 | 0.22 | 0.20 | 0.25 | 0.31 | 0.19 |
| Diluted Shares Outstanding | 261.92M | 262.73M | 264.25M | 268.11M | 267.44M | 271.89M | 271.66M | 270.26M | 269.38M | 268.69M | 268.51M | 268.26M | 268.13M | 267.64M | 268.33M | 270.03M | 271.73M | 272.88M | 272.99M | 273.33M |
| Basic Shares Outstanding | 260.14M | 260.81M | 262.18M | 265.59M | 265.73M | 267.85M | 271.66M | 267.57M | 267.42M | 266.58M | 266.24M | 266.15M | 266.13M | 265.35M | 265.74M | 267.54M | 269.17M | 269.69M | 270.1M | 270.58M |
| Dividend Payout Ratio | 18.07% | 16.1% | 13.34% | 15.01% | 284.91% | 2081.53% | 16.15% | 18.09% | 18.19% | 18.5% | 25.81% | 22.98% | 28.58% | 10.44% | 14.74% | 20.99% | 20.3% | 15.76% | 13.02% | 20.87% |