Filing Flows › Tetra Tech (TTEK) › Q3 FY25
Tetra Tech (TTEK) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Aug 1, 2025
Tetra Tech (TTEK) reported revenue of $1.4B for the third quarter fiscal 2025 (Q3 FY25), +2% from a year earlier and +4% from the quarter before. Operating margin was 12.0%, net earnings $114M (8.3% of revenue).
Tetra Tech, Q3 FY25: revenue $1.4B (+2% year over year), operating margin 12.0%, net earnings $114M, operating cash flow $350M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +4% | +2% |
| Gross profit | $252M | +17% | +13% |
| Operating profit | $165M | +317% | +28% |
| Net earnings | $114M | 21× | +33% |
| Operating cash flow | $350M | — | +148% |
| Free cash flow | $345M | — | +152% |
What changed
Revenue was $1.4B in Q3 FY25, up 2% year over year and up 4% from the previous quarter.
Gross margin was 18.4%, up 1.8 points from a year earlier. Operating profit was $0.16B, a 12.0% margin (up 2.5 points year over year). Of the extra revenue versus a year earlier, 143% reached operating profit, above the 10% margin then. Operating expenses fell 8% while revenue rose 2%. Net earnings were $0.11B, up 33% year over year. The effective tax rate was 27.3%.
Operating cash flow was $0.35B (up 148% year over year), 307% of net earnings. Non-cash charges added back $0.01B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.21B. Capital expenditures of $4.4M left free cash flow of $0.35B.
Questions
What was Tetra Tech's revenue in the third quarter fiscal 2025?
Tetra Tech (TTEK) reported revenue of $1.4B for the third quarter fiscal 2025 (Q3 FY25), +2% from a year earlier and +4% from the quarter before.
Was Tetra Tech profitable in the third quarter fiscal 2025?
Operating profit was $165M (12.0% of revenue) and net earnings $114M.
Source: Tetra Tech 10-Q on SEC EDGAR.