Tetra Tech, Inc. reported its financial results for the fourth fiscal quarter and the full fiscal year ended September 27, 2026. The company announced record quarterly and annual earnings per share (EPS) figures, alongside a significant increase in its quarterly dividend.
For the fourth quarter of fiscal 2026, revenue totaled $1.34 billion, while net revenue, which excludes subcontractor costs, was $1.15 billion. The company reported record quarterly EPS of $0.51 and adjusted EPS of $0.49. For the full fiscal year, total revenue was $5.08 billion, with net revenue reaching $4.35 billion. The company reported record annual EPS of $1.69 and adjusted EPS of $1.60.
Tetra Tech’s backlog stood at $4.67 billion at the end of the fourth quarter, representing a 13% increase year-over-year. The company also noted that operating income for the year was $619 million, and adjusted EBITDA was $660 million, with margins expanding by 90 basis points compared to the prior year.
In a separate announcement, the company’s Board of Directors declared a quarterly cash dividend of $0.072 per share. This represents an 11% increase year-over-year and marks the 46th consecutive double-digit increase in the dividend. The dividend is payable on December 11, 2026, to stockholders of record as of the close of business on December 2, 2026.
During the fourth quarter, Tetra Tech repurchased $100 million of common stock. As of September 27, 2026, the company had $798 million remaining under its share repurchase authorization.
Looking ahead, Tetra Tech provided guidance for the first quarter of fiscal 2027, expecting EPS to range from $0.36 to $0.38 and net revenue to range from $1.04 billion to $1.08 billion. For the full fiscal year 2027, the company expects EPS to range from $1.65 to $1.80 and net revenue to range from $4.425 billion to $4.625 billion.
