v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 28, 2026
Sep. 28, 2025
Current assets:    
Cash and cash equivalents $ 230,835 $ 167,459
Accounts receivable, net 1,076,473 1,158,928
Contract assets 152,610 138,232
Prepaid expenses and other current assets 120,395 98,768
Assets held-for-sale 0 57,502
Total current assets 1,580,313 1,620,889
Property and equipment, net 63,154 66,148
Right-of-use assets, operating leases 200,447 197,618
Goodwill 2,216,319 2,049,874
Intangible assets, net 123,590 121,160
Deferred tax assets 64,925 106,238
Other non-current assets 139,551 120,247
Total assets 4,388,299 4,282,174
Current liabilities:    
Accounts payable 220,639 204,725
Accrued compensation 316,661 346,912
Contract liabilities 418,102 420,254
Short-term lease liabilities, operating leases 74,681 69,099
Current contingent earn-out liabilities 43,587 24,826
Liabilities held-for-sale 0 25,115
Other current liabilities 260,680 288,113
Total current liabilities 1,334,350 1,379,044
Deferred tax liabilities 21,831 21,333
Long-term debt 801,057 763,363
Long-term lease liabilities, operating leases 147,759 154,695
Non-current contingent earn-out liabilities 70,196 32,135
Other non-current liabilities 160,529 151,440
Commitments and contingencies (Note 16)
Equity:    
Preferred stock - authorized, 2,000 shares of $0.01 par value; no shares issued and outstanding at June 28, 2026 and September 28, 2025 0 0
Common stock - authorized, 750,000 shares of $0.01 par value; issued and outstanding, 256,044 and 261,418 shares at June 28, 2026 and September 28, 2025, respectively 2,560 2,614
Accumulated other comprehensive loss (105,779) (95,777)
Retained earnings 1,955,291 1,872,948
Tetra Tech stockholders’ equity 1,852,072 1,779,785
Noncontrolling interests 505 379
Total stockholders' equity 1,852,577 1,780,164
Total liabilities and stockholders' equity $ 4,388,299 $ 4,282,174