Tetra Tech Q3 2026 Earnings: Beat on EPS, Revenue Up 0%
Against expectations
EPS came in at $0.49 against $0.47 expected, +4.3%.
Estimate and actual: Nasdaq earnings calendar
- Revenue
- $1.34 billion+0.5% vs $1.33 billion
- GAAP EPS, as reported
- $0.51$0.48 a year ago
Show the lines from the releaseHide the lines from the release
- Revenue | $1,337,362 | $1,330,100 | $5,076,737 | $5,442,590
- Diluted | $0.51 | $0.48 | $1.69 | $0.93
How the stock reacted
Rose 4.8% report day, from $37.61 (Nov 11 close) to $39.43 (Nov 12 close).
Its usual move on earnings is 3.5% either way, the middle of its last 8 reports (grey ticks).
Prices: Yahoo Finance
The outlook
- EPS · Fiscal 2027Given
$1.65 to $1.80
Before: not stated
| What | Period | Now | Before | Change |
|---|---|---|---|---|
| EPS | Fiscal 2027 | $1.65 to $1.80 | not stated | Given |
What management said
“These key client programs drove our backlog up by more than $530 million, an increase of 13% from last year.”
Steve Burdick, in the release
Backlog rose 13% from last year, which supports management's view of future revenue growth.
“In fiscal year 2026, we continued to increase our profit margins with 90 basis points of EBITDA margin expansion from fiscal year 2025.”
Steve Burdick, CFO, in the release
EBITDA margin expanded by 90 basis points in fiscal 2026, showing improved profitability.
“The strength of our balance sheet and consistent cash flow generation position us to continue to invest in organic growth and strategic acquisitions.”
Steve Burdick, CFO, in the release
Management plans to use its balance sheet and cash flow to fund organic growth and strategic acquisitions.
What to watch next
- Whether Tetra Tech hits its fiscal 2027 EPS range of $1.65 to $1.80.
- Whether backlog growth leads to continued revenue growth and further margin expansion.
- The pace of investment in organic growth and strategic acquisitions.
Sources
- Earnings release (EX-99.1), SEC EDGAR
- 8-K filing index, SEC EDGAR
- EPS estimate and actual, Nasdaq earnings calendar
- Price history, Yahoo Finance
Filed Nov 12, 6:08 AM ET · updated 4:13 PM ET