Filing Flows › Tetra Tech (TTEK) › Q3 FY26 › vs Q2 FY26
Tetra Tech (TTEK) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Tetra Tech's revenue rose $88.4M (+7%) from $1.2B in Q2 FY26 to $1.3B in Q3 FY26. Gross margin 18.6% against 17.5% (+1.0 pts).
Tetra Tech, Q3 FY26: revenue $1.3B (-4% year over year), operating margin 12.1%, net earnings $110M, operating cash flow $229M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 18.6% | 17.5% | +1.0 pts |
| Operating margin | 12.1% | 10.8% | +1.3 pts |
| Net margin | 8.4% | 7.7% | +0.7 pts |
| Free cash flow margin | 17.2% | 13.1% | +4.1 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $88.4M | +7% |
| Gross profit | $243M | $214M | $29.1M | +14% |
| Cost of revenue | $1.1B | $1.0B | $59.3M | +6% |
| Operating profit | $158M | $132M | $26.4M | +20% |
| Operating expenses | $85.3M | $82.6M | $2.7M | +3% |
| Pre-tax earnings | $151M | $127M | $23.4M | +18% |
| Other expense, net | $7.2M | $4.2M | $3.0M | +71% |
| Net earnings | $110M | $93.8M | $16.0M | +17% |
| Income tax | $41.0M | $33.5M | $7.4M | +22% |
| Depreciation & amortization | $14.8M | $14.3M | $425K | +3% |
| Share-based compensation | $9.8M | $9.5M | $280K | +3% |
| Working capital & other | $94.6M | $47.7M | $46.9M | +98% |
| Operating cash flow | $229M | $165M | $63.6M | +38% |
| Free cash flow (OCF − capex) | $225M | $159M | $65.8M | +41% |
| Capital expenditures | $3.8M | $6.0M | −$2.2M | -36% |
Questions
How much did Tetra Tech's revenue grow quarter over quarter in Q3 FY26?
Tetra Tech's revenue rose $88.4M (+7%) from $1.2B in Q2 FY26 to $1.3B in Q3 FY26. Gross margin 18.6% against 17.5% (+1.0 pts).