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Tetra Tech TTEK GSG — Goodwill

Other segment segments

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$1.31B+4.0%

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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:Goodwill.

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 itemGSGCIGTotal
Balance at September 28, 2025$658,511$1,391,363$2,049,874
Goodwill reallocation83,179(83,179)
Acquisition activity160,126160,126
Translation adjustments580(992)(412)
Balance at March 29, 2026$902,396$1,307,192$2,209,588

Item 1. Financial Statements (Unaudited)

FAQ

What is Tetra Tech's GSG — goodwill?
Tetra Tech (TTEK) reported GSG — goodwill of $902.4M in Q1 2026.
How has Tetra Tech's GSG — goodwill changed year-over-year?
Tetra Tech's GSG — goodwill increased by 37.5% year-over-year, from $656.13M to $902.4M.
What is the long-term trend for Tetra Tech's GSG — goodwill?
Over 4 years (2021 to 2025), Tetra Tech's GSG — goodwill has grown at a 6.4% compound annual growth rate (CAGR), from $2.13B to $2.72B.
What does GSG — goodwill mean?
Represents the net carrying value of goodwill assigned to the Government Services Group segment following business combinations. It reflects the premium paid over the fair value of net identifiable assets, serving as an indicator of the segment's long-term acquisition strategy and historical growth investments.

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