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Tetra Tech TTEK GSG — Depreciation expense related to property and equipment

Other segment segments

CIG
$4.7M+9.3%

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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$8.78B-10.4%
Enterprise value$9.67B-9.0%
P/E19.9×-25.4×
P/S1.7×-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 us-gaap:Depreciation.

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

(1) These amounts include $0.8 million and $0.9 million of GSG depreciation expense for the second quarters of fiscal 2026 and 2025, respectively, and $4.7 million and $4.3 million of CIG depreciation expense for the second quarters of fiscal 2026 and 2025, respectively. Additionally, our GSG other segment items include the equity in the net income of investees accounted for by the equity method of $(0.1) million and $0.3 million for the second quarters of fiscal 2026 and 2025, respectively. Our CIG other segment items also reflect the equity in the net income of investees accounted for by the equity method of $0.6 million and $0.9 million for the second quarters of fiscal 2026 and 2025, respectively.

Item 1. Financial Statements (Unaudited)

FAQ

What is Tetra Tech's GSG — depreciation expense related to property and equipment?
Tetra Tech (TTEK) reported GSG — depreciation expense related to property and equipment of $800K in Q1 2026.
How has Tetra Tech's GSG — depreciation expense related to property and equipment changed year-over-year?
Tetra Tech's GSG — depreciation expense related to property and equipment decreased by 11.1% year-over-year, from $900K to $800K.
What does GSG — depreciation expense related to property and equipment mean?
This metric represents the systematic allocation of the cost of tangible fixed assets over their useful lives specifically attributable to the Government Services Group segment. It reflects the capital intensity of the segment's operations and the ongoing investment required to maintain infrastructure and equipment used in service delivery.

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