Tetra Tech Delivers Strong Q1 Results, Raises 2026 Guidance
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The latest announcement is out from Tetra Tech ( (TTEK) ).
On January 28, 2026, Tetra Tech reported strong results for its first quarter ended December 28, 2025, posting revenue of $1.21 billion and net revenue of $1.04 billion, with net revenue up 8% excluding USAID/DOS and prior-year hurricane work. Operating income reached $141 million, adjusted EBITDA rose to $147 million with margins improving, EPS came in at $0.40 with adjusted EPS of $0.35, and backlog stood at $3.95 billion, supported by solid cash generation of $72 million in the quarter and $517 million over the prior 12 months. The company highlighted improved margins and a 17% year-over-year EPS increase excluding USAID/DOS, closed or announced the Halvik and Providence acquisitions to expand high-end data analytics, resilient infrastructure optimization and front-end advisory for defense clients, and secured a series of sizable government and defense-related contracts, including work for the U.S. Missile Defense Agency, U.S. Army Corps of Engineers and Australia’s defense authorities. Reflecting this momentum and sustained demand from water, environmental and sustainable infrastructure markets, Tetra Tech raised its full-year fiscal 2026 guidance for net revenue to $4.15–$4.30 billion and adjusted EPS to $1.46–$1.56, while also announcing on January 26, 2026 a 12% year-over-year increase in its quarterly dividend to $0.065 per share and continuing to return capital through $50 million of share repurchases in the first quarter, leaving $548 million authorized for future buybacks.
The most recent analyst rating on (TTEK) stock is a Hold with a $41.00 price target. To see the full list of analyst forecasts on Tetra Tech stock, see the TTEK Stock Forecast page.
Spark’s Take on TTEK Stock
According to Spark, TipRanks’ AI Analyst, TTEK is a Neutral.
The score is driven primarily by solid underlying profitability/ROE but constrained by weak recent cash-flow growth and slowing revenue growth. The latest earnings call adds support via strong backlog and constructive FY2026 guidance, while valuation (high P/E and low yield) remains the biggest offset; technicals are mildly supportive but not strong.
To see Spark’s full report on TTEK stock, click here.
More about Tetra Tech
Tetra Tech, Inc. (NASDAQ: TTEK) is a leading provider of high-end consulting and engineering services focused on water, environmental solutions and sustainable infrastructure, serving government, defense, municipal and commercial clients globally with front-end advisory, technical consulting and infrastructure planning services.
Average Trading Volume: 2,319,182
Technical Sentiment Signal: Strong Buy
Current Market Cap: $9.58B
Find detailed analytics on TTEK stock on TipRanks’ Stock Analysis page.
