Tetra Tech Projects $4.425 Billion to $4.625 Billion for Fiscal 2027

Tetra Tech, Inc. projects fiscal 2027 net revenue of $4.425 billion to $4.625 billion after its backlog reached $4.67 billion at fiscal 2026 year-end, up 13% year over year.

The company also forecasts fiscal 2027 earnings per share of $1.65 to $1.80. For the first quarter, it expects net revenue of $1.04 billion to $1.08 billion and earnings per share of 36 cents to 38 cents.

Tetra Tech’s fiscal 2026 ended Sept. 27 with net revenue of $4.35 billion and earnings per share of $1.69. Backlog grew by more than $530 million during the year. The company defines net revenue as revenue minus subcontractor costs.

Chief Executive Officer Roger Argus tied the backlog momentum to the company’s confidence in continued revenue growth and further margin expansion. Tetra Tech cautioned that actual results could differ materially from its current expectations.