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Tetra Tech TTEK Contract Assets
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Where this comes from
Reported directly by Tetra Tech in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.
The source filing: Tetra Tech’s 10-Q, filed May 1, 2026.
- Filed
- May 1, 2026, 4:33 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000831641-26-000011
| ASSETS | As of / March 29,2026 | As of / September 28,2025 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $223,612 | $167,459 |
| Accounts receivable, net | 1,047,330 | 1,158,928 |
| Contract assets | 146,455 | 138,232 |
| Prepaid expenses and other current assets | 124,622 | 98,768 |
| Assets held-for-sale | — | 57,502 |
| Total current assets | 1,542,019 | 1,620,889 |
| Property and equipment, net | 65,367 | 66,148 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Tetra Tech's contract assets?
- Tetra Tech (TTEK) reported contract assets of $146.46M in Q1 2026.
- How has Tetra Tech's contract assets changed year-over-year?
- Tetra Tech's contract assets increased by 9.2% year-over-year, from $134.11M to $146.46M.
- What is the long-term trend for Tetra Tech's contract assets?
- Over 4 years (2021 to 2025), Tetra Tech's contract assets has grown at a 7.4% compound annual growth rate (CAGR), from $103.78M to $138.23M.
- What does contract assets mean?
- Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.
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