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Tetra Tech TTEK Impairment Charges

Impairment Charges at other companies

Amentum Holdings logo
Amentum HoldingsAMTM
$0
Maximus logo
MaximusMMS
$0

Other financials

Income statement

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Revenue$1.2B-7.7%
Gross profit$1.0B-4.9%
Operating income$131.5M+232%
Net income$93.8M+1,641%
EPS (diluted)$0.36+1,700%

Balance sheet

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Cash & equivalents$223.6M+24.6%
Total debt$1.1B-9.3%
Total equity$1.9B+18.4%
Total assets$4.4B+4.3%

Cash flow

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Operating cash flow$165.3M
CapEx$6.0M+7.2%
Free cash flow$159.4M+1,496%

Valuation

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Market cap$9.07B-6.2%
Enterprise value$9.96B-5.2%
P/E20.6×-24.2×
P/S1.8×0.0×

Profitability

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Gross margin122.2%+8.2pp
Operating margin12.1%+5.9pp
Net margin8.6%+5.1pp
FCF margin13%+8.7pp

Returns & leverage

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Return on equity25.6%+13.7pp
Debt / equity0.6×-0.2×
Current ratio1.3×+0.2×

Where this comes from

Reported directly by Tetra Tech in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

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
Line itemThree Months Ended / March 29,2026Three Months Ended / March 30,2025Six Months Ended / March 29,2026Six Months Ended / March 30,2025
Selling, general and administrative expenses(82,626)(84,094)(169,451)(168,411)
Legal contingency costs(115,000)
Contingent consideration – fair value adjustments581,9317,5062,297
Impairment of goodwill(92,416)(92,416)
Income from operations131,52339,603272,51762,129
Interest expense, net(8,838)(8,491)(15,966)(15,709)
Other non-operating income4,65112,361
Income before income tax expense127,33631,112268,91246,420

Item 1. Financial Statements (Unaudited)

FAQ

What is Tetra Tech's impairment charges?
Tetra Tech (TTEK) reported impairment charges of $0 in Q1 2026.
How has Tetra Tech's impairment charges changed year-over-year?
Tetra Tech's impairment charges decreased by 100.0% year-over-year, from $92.42M to $0.
What does impairment charges mean?
Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.

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