Tetra Tech Earnings Call Transcripts
Fiscal Year 2026
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Strong Q1 FY2026 results with 8% revenue and 12% operating income growth, margin expansion, and robust cash flow. Guidance raised for FY2026, with continued focus on water, environmental, and defense markets, and significant capital available for growth and acquisitions.
Fiscal Year 2025
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Record fiscal 2025 results with double-digit growth in revenue, operating income, and EPS, driven by strong water services demand and margin expansion. Fiscal 2026 guidance projects continued growth across all segments, supported by robust backlog, strategic capital allocation, and major infrastructure investments.
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Record quarterly highs in operating income and EPS were driven by strong disaster response and high-margin consulting work, with robust cash flow and improved financial metrics. Guidance anticipates steady revenue and EPS, with minimal Q4 disaster response and continued focus on digital automation and water infrastructure.
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Record Q2 results with revenue up 11% and EPS up 18% year-over-year, despite the loss of the largest client. Margins and backlog remain strong, with robust growth in state/local, defense, and digital systems markets. Guidance raised for FY2025, excluding pending acquisitions.
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Record Q1 results with 18% revenue and 24% net income growth, driven by strong demand across water, environment, and infrastructure. Guidance reflects conservative USAID assumptions, offset by disaster response revenue, and long-term growth targets remain intact.
Fiscal Year 2024
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Record FY2024 results with double-digit growth in revenue, operating income, and EPS, driven by strong demand in water, infrastructure, and renewable energy. FY2025 guidance targets continued growth, with robust backlog, margin expansion, and strategic focus on software and M&A.
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Record Q3 results with 12% revenue growth, 32% EBITDA growth, and a 19% increase in backlog. Raised FY2024 guidance, announced a 5-for-1 stock split, and highlighted strong demand in water, environment, and high-tech markets.