Filing Flows › Tetra Tech (TTEK) › Q3 FY26 › vs Q3 FY25
Tetra Tech (TTEK) Q3 FY26 vs Q3 FY25 (year over year)
Tetra Tech's revenue fell $61.3M (-4%) from $1.4B in Q3 FY25 to $1.3B in Q3 FY26. Gross margin 18.6% against 18.4% (+0.2 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 Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Gross margin | 18.6% | 18.4% | +0.2 pts |
| Operating margin | 12.1% | 12.0% | +0.0 pts |
| Net margin | 8.4% | 8.3% | +0.1 pts |
| Free cash flow margin | 17.2% | 25.3% | -8.1 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $1.3B | $1.4B | −$61.3M | -4% |
| Gross profit | $243M | $252M | −$8.3M | -3% |
| Cost of revenue | $1.1B | $1.1B | −$52.9M | -5% |
| Operating profit | $158M | $165M | −$7.1M | -4% |
| Operating expenses | $85.3M | $86.6M | −$1.3M | -1% |
| Pre-tax earnings | $151M | $157M | −$5.9M | -4% |
| Other expense, net | $7.2M | $8.3M | −$1.1M | -14% |
| Net earnings | $110M | $114M | −$4.1M | -4% |
| Income tax | $41.0M | $42.8M | −$1.8M | -4% |
| Depreciation & amortization | $14.8M | $13.7M | $1.1M | +8% |
| Share-based compensation | $9.8M | $8.8M | $1.0M | +11% |
| Working capital & other | $94.6M | $213M | −$119M | -56% |
| Operating cash flow | $229M | $350M | −$121M | -35% |
| Free cash flow (OCF − capex) | $225M | $346M | −$121M | -35% |
| Capital expenditures | $3.8M | $3.5M | $319K | +9% |
Questions
How much did Tetra Tech's revenue grow year over year in Q3 FY26?
Tetra Tech's revenue fell $61.3M (-4%) from $1.4B in Q3 FY25 to $1.3B in Q3 FY26. Gross margin 18.6% against 18.4% (+0.2 pts).