Earnings Releases·Nov 12, 2026, 6:08 AM ET

Tetra Tech — Fiscal Year 2026 Earnings Summary

Fiscal 2026 net revenue reached $4.35 billion (up 7% year-over-year excluding USAID/DOS and episodic disaster response), with adjusted EPS of $1.60 and adjusted EBITDA of $660 million, reflecting a 90 basis point margin expansion.
Q4 2026 net revenue was $1.15 billion (up 5% year-over-year excluding episodic disaster response), while the backlog grew 13% year-over-year to $4.67 billion, driven by $530 million in new key wins including a $1.4 billion NASA logistics agreement.
Management provided Fiscal 2027 guidance for net revenue between $4.425 billion and $4.625 billion and adjusted EPS between $1.65 and $1.80, citing confidence in continued growth and margin expansion.
Capital return initiatives included an 11% increase in the quarterly dividend to $0.072 per share and $302 million in total common stock repurchases for the fiscal year, leaving $798 million remaining under the repurchase program.