January 28, 2026 — Leads & Copy — Tetra Tech, Inc. (NASDAQ: TTEK) has released its first quarter results for the period ending December 28, 2025, showcasing increased revenue and earnings per share.
The company’s net revenue reached $1.04 billion in the first quarter. Operating income totaled $141 million, while adjusted EBITDA reached $147 million, reflecting a 140 basis points year-over-year margin increase. EPS reached $0.40, with adjusted EPS at $0.35. The company’s backlog was $3.95 billion at the end of the first quarter. Cash from operations was $72 million for the quarter, and $517 million over the trailing 12 months.
Dan Batrack, Chairman and CEO, noted that the company began fiscal year 2026 with a strong first quarter. Batrack also mentioned the acquisitions expanding Tetra Tech’s front-end consulting business for its defense clients, and the increase in margin by 80 basis points. Roger Argus will be promoted to CEO following the company’s annual shareholders meeting.
Roger Argus, President and CEO-designate, noted significant demand for the company’s services in water, environment, and sustainable infrastructure across global operations. During the quarter, the company experienced growth in its government business with municipal water and defense clients, and an increase in power and transmission projects on the commercial side. As a result, the company is increasing its guidance for 2026 and is positioned to achieve its 2030 goals.
Tetra Tech’s Board of Directors has approved the company’s 47th consecutive quarterly dividend of $0.065 per share, a 12% year-over-year increase, payable on February 27, 2026, to stockholders of record as of February 12, 2026. The company repurchased $50 million of common stock in the first quarter and has $548 million remaining under its share repurchase programs as of December 28, 2025.
Tetra Tech is increasing its full year guidance for net revenue to range from $4.15 billion to $4.30 billion and adjusted EPS to range from $1.46 to $1.56 for fiscal year 2026. The company expects net revenue to range from $975 million to $1.025 billion and EPS to range from $0.30 to $0.33 for the second quarter of fiscal year 2026.
A live audio-visual webcast concerning the first quarter of fiscal 2026 results will be available on the company’s website on January 29, 2026, at 8:00 a.m. (PT).
Tetra Tech is a provider of consulting and engineering services in water, environment and sustainable infrastructure, with more than 25,000 employees.
Source: Tetra Tech
