Pulling SEC filings + quote and writing the call…
Pulling SEC filings + quote and writing the call…

TETRA TECH INC
Next earnings Jul 28, 2026 · consensus $0.40 EPS, $1.10B rev
Last earnings +1.6% on 2026-04-29
Tetra Tech's FY2025 earnings hit was one-time charges plus a USAID wipeout, masking 11% gross-profit growth in its core water franchise.
Sources: SEC EDGAR (CIK 0000831641, latest 10-Q filed 2026-05-01) · EODHD · analysis by claude-code · as of 6/21/2026, 8:55:48 PM.
Research and education only — not financial advice. Calls are generated from SEC filings and a delayed/third-party price feed, may be wrong or out of date, and are not a recommendation to buy or sell any security. Do your own research.
Middling fundamentals and a rich price (~73% above fair value) leave little margin of safety — a wait-and-see.
Tetra Tech is a high-quality engineering and environmental-consulting firm with a leading position in water and environmental programs. The headline FY2025 numbers look soft — revenue up only 4.7% to $5.44B and net income down 25.6% to $248M (EPS $0.93, down 24.4%) — but the MD&A shows the decline was driven by clearly identifiable, largely non-recurring items: a $115M legal contingency charge and a $92.4M goodwill impairment. Excluding those, the underlying business strengthened: gross profit grew 11.0% to $961M (gross margin up to 17.7%) and operating cash flow surged 27.6% to $458M, well above $18.6M of capex. ROE remained healthy at 13.9%.
The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $3.21B | $3.50B | $4.52B | $5.20B | $5.44B |
| Gross profit | $498M | $576M | $725M | $866M | $961M |
| Operating income | $279M | $340M | $358M | $501M | $408M |
| Net income | $233M | $263M | $273M | $333M | $248M |
| Diluted EPS | $4.26 | $0.97 | $1.02 | $1.23 | $0.93 |
| Net margin | 7.2% | 7.5% | 6.0% | 6.4% | 4.6% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
1482 tracked peers · median
Disclosed under the STOCK Act
Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
Last 90 days: 1 open-market buy · 0 sales
| 2026-06-04 | Volpi Kirsten M Director | Exercise | 1.70K @ $9.59 | $16.3K |
| 2026-05-15 | Feeler Jeffrey R Director | Buy | 1.90K @ $26.41 | $50.2K |
| 2026-03-16 | Ritrievi Kimberly E Director | Exercise | 4.50K | |
| 2026-03-16 | Ritrievi Kimberly E Director | Exercise | 2.25K | |
| 2026-03-16 | Ritrievi Kimberly E Director | Exercise | 1.93K | |
| 2026-03-16 | Ritrievi Kimberly E Director | Exercise | 2.91K | |
| 2026-03-16 | Ritrievi Kimberly E Director | Exercise | 2.05K | |
| 2026-03-16 | Ritrievi Kimberly E Director | Exercise | 795.00 | |
| 2026-03-16 | Ritrievi Kimberly E Director | Exercise | 795.00 | |
| 2026-03-16 | Ritrievi Kimberly E Director | Exercise | 1.90K | |
| 2026-03-16 | Ritrievi Kimberly E Director | Exercise | 2.13K | |
| 2026-03-16 | Ritrievi Kimberly E Director | Exercise | 1.72K |
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.