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Tetra Tech TTEK Increase (Decrease) In Accounts Receivable And Contract With Customer, Asset

Increase (Decrease) In Accounts Receivable And Contract With Customer, Asset at other companies

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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$7.1B+0.2%
Enterprise value$7.99B-1.6%
P/E16.1×-21.6×
P/S1.4×+0.1×

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 ttek:IncreaseDecreaseInAccountsReceivableAndContractWithCustomerAsset.

The official record: Tetra Tech’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Tetra Tech's increase (decrease) in accounts receivable and contract with customer, asset?
Tetra Tech (TTEK) reported increase (decrease) in accounts receivable and contract with customer, asset of -$63.31M in Q1 2026.
How has Tetra Tech's increase (decrease) in accounts receivable and contract with customer, asset changed year-over-year?
Tetra Tech's increase (decrease) in accounts receivable and contract with customer, asset decreased by 156.9% year-over-year, from $111.33M to -$63.31M.
What does increase (decrease) in accounts receivable and contract with customer, asset mean?
This measures the change in the balance of amounts owed by customers for services rendered or contract assets recognized under revenue recognition standards. An increase represents cash tied up in working capital, while a decrease indicates successful collection or billing conversion. It is a primary indicator of the company's cash conversion efficiency and credit risk management.