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Tetra Tech (TTEK) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed Jul 31, 2026

Tetra Tech (TTEK) reported revenue of $1.3B for the third quarter fiscal 2026 (Q3 FY26), -4% from a year earlier and +7% from the quarter before. Operating margin was 12.1%, net earnings $110M (8.4% of revenue).

Revenue$1.3B
Year over year-4%
Quarter over quarter+7%
Operating margin12.1%
Net earnings$110M

Tetra Tech, Q3 FY26: revenue $1.3B (-4% year over year), operating margin 12.1%, net earnings $110M, operating cash flow $229M. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$1.3B+7%-4%
Gross profit$243M+14%-3%
Operating profit$158M+20%-4%
Net earnings$110M+17%-4%
Operating cash flow$229M+38%-35%
Free cash flow$225M+41%-35%

What changed

Revenue was $1.3B in Q3 FY26, down 4% year over year and up 7% from the previous quarter.

Gross margin was 18.6%, up 0.2 points from Q3 FY25. Operating profit was $0.16B, a 12.1% margin (unchanged year over year). Operating expenses fell 1% while revenue fell 4%. Net earnings were $0.11B, down 4% year over year. The effective tax rate was 27.2%.

Operating cash flow was $0.23B (down 35% year over year), 209% 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 $0.09B. Capital expenditures of $3.8M left free cash flow of $0.23B.

Questions

What was Tetra Tech's revenue in the third quarter fiscal 2026?

Tetra Tech (TTEK) reported revenue of $1.3B for the third quarter fiscal 2026 (Q3 FY26), -4% from a year earlier and +7% from the quarter before.

Was Tetra Tech profitable in the third quarter fiscal 2026?

Operating profit was $158M (12.1% of revenue) and net earnings $110M.

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Source: Tetra Tech 10-Q on SEC EDGAR.