Tetra Tech Achieves Record Revenue in Q1, Raises 2025 Outlook

Published 2 hours agoTTEK

Tetra Tech Achieves Record Revenue in Q1, Raises 2025 Outlook

Tetra Tech, Inc. has reported outstanding financial results for the first quarter of fiscal year 2025, showcasing a record revenue of $1.42 billion, representing a 16% increase from the previous year. Net revenue also reached new heights at $1.20 billion, an 18% rise compared to last year, according to Tetra Tech's official report.

The company's operating income totaled $23 million, with an adjusted operating income increasing by 24% year-over-year to $138 million. Although the earnings per share (EPS) were recorded at $0.00, the adjusted EPS saw a substantial 25% year-over-year growth, reaching $0.35. In addition, Tetra Tech's backlog hit a record $5.44 billion, a 15% increase year-over-year, demonstrating a strong demand for its services.

In light of these results, Tetra Tech has increased its full-year fiscal 2025 guidance, projecting net revenue between $4.365 billion and $4.765 billion and an adjusted EPS of $1.37 to $1.52. The company is focusing on expanding its high-end services in areas such as coastal flood protection, water supply security, and the digital upgrade of water infrastructure, as highlighted by Business Wire. These strategies position Tetra Tech well to capitalize on the growing demand for water and digital solutions.

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