TTEK on Nasdaq

Tetra Tech

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons5

US-based consulting and engineering services firm

Tetra Tech, Inc. is an American consulting and engineering services firm based in Pasadena, California.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 19, 2026.

Overview

$5.4BRevenue, fiscal 20256
$247.9MNet income, fiscal 20256
1966Founded1

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  • TickerTTEK on Nasdaq1
  • Industryprofessional service1
  • HeadquartersPasadena1
  • Websitewww.tetratech.com
  • Legal formDelaware corporation1
  • Incorporated inDE7
  • Business address3475 East Foothill Boulevard, Pasadena, Ca 911077
  • Filer categoryLarge accelerated filer7
  • LEI549300UJ1LP7JGJC5P324
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O THE CORPORATION TRUST COMPANY, 19801 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 21510894

Tetra Tech, Inc. is an American consulting and engineering services firm based in Pasadena, California. The company provides consulting, engineering, program management, and construction management services in the areas of water, environment, infrastructure, resource management, energy, and international development.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

17.7%Gross margin6
7.5%Operating margin6
4.6%Net margin6
4.7%Revenue growth, 20256
13.9%Return on equity6
0.43×Debt to equity6
$439.1MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Commercial/International Services Group brought in 52% of the revenue Tetra Tech broke down this way in fiscal 2025.

  1. Commercial/International Services Group$2.8B652%up 2% from 2024
  2. Government Services Group$2.7B648%up 8% from 2024
Business segments by year
Business segments202320242025
Commercial/International Services Group$2.4B$2.8B$2.8B
Government Services Group$2.2B$2.5B$2.7B

Regions

United States brought in 63% of the revenue Tetra Tech broke down this way in fiscal 2025.

  1. United States$3.4B663%up 8% from 2024
  2. United Kingdom$771.7M614%up 8% from 2024
  3. Canada [member]$512.3M69%up 3% from 2024
  4. AUMember$489.1M69%down 8% from 2024
  5. Other Countries$223.6M64%down 14% from 2024
Regions by year
Regions202320242025
United States$2.9B$3.2B$3.4B
United Kingdom$601.2M$711.6M$771.7M
Canada [member]$436.2M$498.6M$512.3M
AUMember$449.5M$529.1M$489.1M
Other Countries$172.0M$260.6M$223.6M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue15¢$825.2M
  • Other costs78¢$4.2B
  • Income tax2¢$129.7M
  • Profit5¢$247.9M

Out of $5.4B in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending4¢$18.6M
  • Dividends paid14¢$65.0M
  • Share buybacks55¢$250.0M
  • Kept or used elsewhere27¢$124.0M

Out of $457.7M of cash from operations.6

Financial statements

Revenue9101112136$5.4B in 2025+84% since 2018
0$2.0B$4.0B$6.0B2018: $3.0B$3.0B20182019: $3.1B$3.1B2019+5%2020: $3.0B$3.0B2020−4%2021: $3.2B$3.2B2021+7%2022: $3.5B$3.5B2022+9%2023: $4.5B$4.5B2023+29%2024: $5.2B$5.2B2024+15%2025: $5.4B$5.4B2025+5%
Gross profit9101112136$961.3M in 2025+150% since 2018
0$250.0M$500.0M$750.0M$1.0B2018: $384.5M$384.5M20182019: $408.2M$408.2M2019+6%2020: $446.5M$446.5M2020+9%2021: $498.4M$498.4M2021+12%2022: $575.6M$575.6M2022+15%2023: $725.0M$725.0M2023+26%2024: $866.4M$866.4M2024+20%2025: $961.3M$961.3M2025+11%
Operating income9101112136$408.4M in 2025+115% since 2018
0$200.0M$400.0M$600.0M2018: $190.1M$190.1M20182019: $188.8M$188.8M2019−1%2020: $241.1M$241.1M2020+28%2021: $278.7M$278.7M2021+16%2022: $340.4M$340.4M2022+22%2023: $358.1M$358.1M2023+5%2024: $500.7M$500.7M2024+40%2025: $408.4M$408.4M2025−18%
Net income9101112136$247.9M in 2025+81% since 2018
0$100.0M$200.0M$300.0M$400.0M2018: $137.0M$137.0M20182019: $158.8M$158.8M2019+16%2020: $173.9M$173.9M2020+10%2021: $232.8M$232.8M2021+34%2022: $263.2M$263.2M2022+13%2023: $273.5M$273.5M2023+4%2024: $333.4M$333.4M2024+22%2025: $247.9M$247.9M2025−26%

Every line of the income statement as filed: the last 3 fiscal years (annual) or 8 quarters (quarterly), latest first.6

Period ending2025-09-302024-09-302023-09-30
Revenue$5.4B$5.2B$4.5B
Costs of revenue-$825.2M-$876.8M-$771.5M
Other costs of revenue-$3.7B-$3.5B-$3.0B
Gross profit$961.3M$866.4M$725.0M
Selling, general and administrative expenses-$357.7M-$356.0M-$305.1M
Legal contingency costs-$115.0M$0$0
Impairment of goodwill-$92.4M$0$0
Acquisition and integration expenses$0-$7.1M-$33.2M
Right-of-use operating lease asset impairment$0$0-$16.4M
Contingent consideration fair value adjustments$12.2M-$2.5M-$12.3M
Income from operations$408.4M$500.7M$358.1M
Interest income$9.8M$7.3M$5.9M
Interest expense-$40.6M-$44.6M-$52.4M
Other non-operating income$0$0$89.4M
Income before income tax expense$377.6M$463.5M$401.0M
Income tax expense-$129.7M-$130.0M-$127.5M
Net income$247.9M$333.4M$273.5M
Net income attributable to noncontrolling interests-$225.0K-$61.0K-$32.0K
Net income attributable to Tetra Tech$247.7M$333.4M$273.4M
Net income attributable to Tetra Tech$247.7M$333.4M$273.4M
Basic (in dollars per share)$0.94$1.25$1.03
Diluted (in dollars per share)$0.93$1.23$1.02
Basic (in shares)264.7M shares267.4M shares266.0M shares
Diluted (in shares)267.1M shares270.0M shares268.2M shares

Compare Tetra Tech with another company

The story

Tetra Tech, Inc. was founded in 1966 as the Water Management Group of Tetra Tech Inc., by Nicholas Boratynski, Henri Hodara, Bernard LeMéhauté, and Don Stern.

During its early years, the company designed waterway structures at harbors, ports, and marinas; supported water quality control projects; supported oil and gas exploration projects; and calculated the effects of offshore military activities for the Department of Defense.

In 1977, Tetra Tech offered common stock on the American Stock Exchange and used this capital to expand its services, from developing methods to predict the level and frequency of floods and causes of acid rain to environmental impact studies of gas pipeline construction and installing Hydro Products equipment for the United States Navy. By 1979, Tetra Tech was helping to analyze data used in exploring the Alaska North Slope for oil.

In 1982, Honeywell purchased Tetra Tech's U.S. operations and another group acquired Tetra Tech International. The company phased out gas exploration and related products and phased in data systems.

In 1988, Honeywell sold Tetra Tech's engineering division to a group of company employees. Dr. Li-San Hwang joined the company in 1967 and led the new independent Tetra Tech. Honeywell retained the data systems division and a Tetra Tech co-founder to head it. After its split from Honeywell, the company grew from 300 employees to more than 14,000 by December 2014.

In 1991, Tetra Tech issued 1.4 million shares of stock on the Nasdaq exchange. The cash infusion permitted more acquisitions of engineering firms specializing in water resources (urban drainage and flood control), civil engineering (bridges and waterway design), environmental restoration, and hazardous waste cleanup. Gross revenues totaled $96.5 million by 1994.

In 2005, Dr. Hwang retired, and Dan Batrack, who joined Tetra Tech in the early 1980s, became CEO.

In 2016, Tetra Tech commemorated its 50th anniversary. As part of the Company's anniversary it launched the Global Clean Water Fund grant program in partnership with Engineers Without Borders. Tetra Tech donated $50,000 to 6 projects around the world that provided clean, safe water for communities in need. Tetra Tech also celebrated 25 years as a publicly traded company on the Nasdaq exchange in December 2016.

From Wikipedia’s article on Tetra Tech, shared under CC BY-SA 4.0.8

Leadership

Who has led Tetra Tech, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (40)

Products and brands

Headquartered in Pasadena, California, Tetra Tech has 30,000 employees in 550 offices worldwide. Its clients include a diverse base of international, U.S. state and local government, U.S. federal government, U.S. commercial, and international clients. No single client, except for U.S. federal government clients, accounted for more than 10 percent of the company's revenue in fiscal 2017.

The company is organized in two business groups: Government Services Group (GSG) and Commercial/International Services Group (CIG).

From Wikipedia’s article on Tetra Tech, shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Acquisitions

The remainder of the decade to 2014 involved growth by acquiring firms in Canada, Australia, and South America in its core (water and infrastructure) and new markets (mining and energy). Tetra Tech also acquired firms that provided international development services to the United States Agency for International Development. These new acquisitions focused on implementing sustainable strategies for water, energy, and the environment in Africa, Asia, and South America and facilitating stability and growth in countries in the aftermath of social conflicts or failed governing institutions. In October 2015, Coffey International was purchased.

Tetra Tech acquired Glumac in October 2017.

In January 2018, Tetra Tech acquired Bridgenet. In the same month, Norman Disney & Young was purchased.

Tetra Tech acquired the UK-based professional consultancy firm White Young Green in 2019, with WYG rebranding as Tetra Tech two years later.

Read the full text

In February 2021 Tetra Tech acquired Coanda Research and Development Corporation, a Canadian engineering consulting company specializing in computational fluid dynamics, physical and predictive modeling, data analytics, process engineering, analytical chemistry, and instrument development.

In April 2021 Tetra Tech acquired IBRA-RMAC Automation Systems, Inc., a California based water systems instrumentation and digital transformation consulting services for water infrastructure.

In May 2021 Tetra Tech announced that The Kaizen Company had joined its international development practice.

In July 2021 Tetra Tech acquired UK-based Hoare Lea, a sustainable engineering design firm.

In October 2021 Tetra Tech acquired Enterprise Automation (EA), a California based automation and digital transformation consultancy with services including control systems integration, advanced data analytics, platform virtualization, and OT/IT cybersecurity.

In February 2024 Tetra Tech announced the acquisition of LS Technologies, a Fairfax Virginia based contracting firm.

In April 2022, Tetra announced the approval of a patent for its proprietary Volans, a 3D animation and visualization software. In July 2022, Tetra acquired The Integration Group of Americas (TIGA), a systems integration and engineering services company.

In September 2022 Tetra Tech made a successful takeover offer for UK-based RPS Group.

Tetra Tech completed its largest-ever acquisition in January 2023, with its $691 million purchase of the British environmental consulting firm RPS Group. That same month, the company acquired Amyx, Inc., a cybersecurity and technology firm based in Reston, Virginia.

In March 2024, the company acquired LS Technologies, a consulting firm in Fairfax, Virginia. Later that year, in May, Tetra Tech purchased Convergence Controls & Engineering.

From Wikipedia’s article on Tetra Tech, shared under CC BY-SA 4.0.8

Timeline

  1. Feb 20, 2026New chief executive Roger R. Argus becomes CEO17
  2. Mar 8, 2006New chief executive Dan L. Batrack becomes CEO18
  3. 1966Founded Founded1

Filings

380 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 51 major events, 240 insider forms, 21 large holders, 47 other. The latest 20:

  1. Sep 10, 20268-K EDGAR
  2. Aug 6, 20264 EDGAR
  3. Aug 5, 2026S-8 EDGAR
  4. Jul 31, 202610-Q EDGAR
  5. Jul 29, 20268-K EDGAR
  6. Jun 5, 20264 EDGAR
  7. May 15, 20264 EDGAR
  8. May 1, 202610-Q EDGAR
  9. Apr 30, 2026SCHEDULE 13G EDGAR
  10. Apr 29, 20268-K EDGAR
  11. Apr 28, 20264 EDGAR
  12. Apr 3, 20263 EDGAR
  13. Mar 27, 2026SCHEDULE 13G/A EDGAR
  14. Mar 26, 20268-K EDGAR
  15. Mar 18, 20264 EDGAR
  16. Feb 20, 20264 EDGAR
  17. Feb 20, 20264 EDGAR
  18. Feb 20, 20268-K EDGAR
  19. Feb 12, 20264 EDGAR
  20. Feb 6, 20264 EDGAR

The 380 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

55 open-market trades by officers, directors and large owners since October 2021: 1 buys and 54 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 15, 2026Feeler Jeffrey RDirectorBuy1,900$26.41$50.2KForm 4
Feb 4, 2026CARTER BRIAN NSVP, Corporate ControllerSale9,979$40.23$401.5KForm 4
Aug 14, 2025Birkenbeuel GaryDirectorSale2,390$36.00$86.0KForm 4
Feb 4, 2025Volpi Kirsten MDirectorSale10,116$34.33$347.3KForm 4
Sep 11, 2024BURDICK STEVEN MEVP, CFOSale36,830$46.57$1.7MForm 4
Sep 11, 2024Ritrievi Kimberly EDirectorSale6,500$46.48$302.1KForm 4
Sep 10, 2024SHOEMAKER LESLIE LEVP, Chief SustainabilitySale78,420$46.11$3.6MForm 4
Sep 10, 2024Volpi Kirsten MDirectorSale1,950$46.00$89.7KForm 4
Aug 7, 2024Hopson Preston IIIEVP, Chief Legal/Human CapitalSale5,000$233.07$1.2MForm 4
Aug 6, 2024BATRACK DAN LChairman and CEOSale17,924$227.72$4.1MForm 4
Jun 13, 2024SHOEMAKER LESLIE LEVP, Chief SustainabilitySale11,161$211.83$2.4MForm 4
Feb 22, 2024BURDICK STEVEN MEVP, CFOSale7,515$175.67$1.3MForm 4
Feb 14, 2024THOMPSON J KENNETHDirectorSale3,500$177.24$620.3KForm 4
Feb 9, 2024CARTER BRIAN NSVP, Corporate ControllerSale5,580$176.52$985.0KForm 4
Feb 5, 2024BURDICK STEVEN MEVP, CFOSale7,128$165.01$1.2MForm 4
Feb 5, 2024THOMPSON J KENNETHDirectorSale8,400$165.00$1.4MForm 4
Dec 4, 2023CARTER BRIAN NSVP, Corporate ControllerSale1,474$165.58$244.1KForm 4
Dec 1, 2023Volpi Kirsten MDirectorSale2,228$162.74$362.6KForm 4
Nov 28, 2023BATRACK DAN LChairman and CEOSale22,000$161.51$3.6MForm 4
Nov 27, 2023Hudkins JillPresidentSale906$164.52$149.1KForm 4

All 55 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.28,675,276$828.4M0.0%+1,884,870
Vanguard Portfolio Management LLC12,467,970$360.2M0.0%−175,124
Vanguard Capital Management LLC11,725,738$338.8M0.0%+16,587
Capital International Investors11,651,238$336.6M0.1%+265,971
State Street Corp9,761,640$282.0M0.0%+125,728
Fmr LLC8,768,611$253.3M0.0%+8,440,359
Geode Capital Management, LLC6,833,071$197.4M0.0%+1,615,623
FIL Ltd5,471,691$158.1M0.1%+639,019
Amundi5,098,519$147.3M0.0%+349,272
Fuller & Thaler Asset Management, Inc.4,921,268$142.2M0.4%+1,606,825
Pictet Asset Management Holding SA4,759,290$137.5M0.1%−4,885,502
Wellington Management Group Llp4,674,089$135.0M0.0%−129,960
Dimensional Fund Advisors LP4,446,215$128.5M0.0%+656,975
Neuberger Berman Group LLC4,408,987$127.4M0.1%−2,860,670
Arrowstreet Capital, Limited Partnership4,393,728$126.9M0.1%+3,850,262
Invesco Ltd.4,116,893$118.9M0.0%+1,181,993
Aqr Capital Management LLC4,111,603$117.1M0.0%+2,597,141
Impax Asset Management Group plc3,931,741$113.6M0.7%+101,667
LGT Group Foundation3,745,171$108.2M1.2%+583,463
Norges Bank3,230,988$93.3M0.0%New
Robeco Schweiz AG3,099,250$89.5M1.4%+812,000
M&g PLC2,776,344$80.5M0.4%+457,810
Ameriprise Financial Inc2,729,762$78.9M0.0%+708,837
Goldman Sachs Group Inc2,647,910$76.5M0.0%+721,242
First Trust Advisors LP2,561,572$74.0M0.0%+116,090

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

4 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jun 17, 2021Susie LeeDemocratic, HouseSale$1,001 - $15,000+40.7%Report
Apr 9, 2021Sara JacobsDemocratic, HouseSale$15,001 - $50,000+65.6%Report
Feb 19, 2021Sara JacobsDemocratic, HouseBuy$15,001 - $50,000−76.4%Report
Dec 22, 2020Susie LeeDemocratic, HouseBuy$1,001 - $15,000−59.8%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

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