Tetra Tech, Inc. set fiscal 2027 net-revenue and earnings targets after ending the prior year with a $4.67 billion backlog, a 13% increase that supports its growth outlook.
The company’s Nov. 11 release paired fiscal 2027 earnings-per-share guidance of $1.65 to $1.80 with net revenue projected between $4.425 billion and $4.625 billion. For fiscal 2026, Tetra Tech reported $4.35 billion in net revenue, $5.08 billion in total revenue and earnings per share of $1.69.
Backlog was $4.67 billion at the Sept. 27, 2026, fiscal year-end, 13% higher than a year earlier. Tetra Tech’s backlog expanded by more than $530 million over the year. Water-supply, coastal-infrastructure and defense-modernization programs were among those the company cited as contributors. CEO Roger Argus said the backlog reinforced the company’s outlook for revenue growth and margin improvement.
Per-share earnings in the first quarter of fiscal 2027 are forecast at 36 cents to 38 cents; the corresponding net-revenue range is $1.04 billion to $1.08 billion. Tetra Tech calculates the measure by excluding subcontractor expenses from its revenue. In the release, the company warned its reported results may deviate materially from the outlook.
