secwatch / observer

TETRA TECH INC — fact timeline

Source-grounded facts extracted from TETRA TECH INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

TTEK TETRA TECH INC JSON
Earnings Releases

TETRA TECH INC reported second fiscal quarter ended March 29, 2026 results: revenue $1.22 billion, EPS $0.36. Guidance raised.

“EXHIBIT 99.1 Exhibit 99.1 NEWS RELEASE April 29, 2026 Tetra Tech Reports Strong Second Quarter 2026 Results and Raises Fiscal Year 2026 Guidance · Revenue $1.22 billion; Net Revenue $1.05 billion · Operating Income $132 million; EBITDA $146 million · EPS $0.36; Adjusted EPS $0.34 · Backlog $4.28 billion, up 8% sequentially · Raising FY26 Net”
Debt Financings

TETRA TECH INC incurred credit facility of $250 million senior secured term loan facility with Bank of America, N.A., as administrative agent at an adjusted SOFR rate plus a margin that ranges from 0.875% to 1.625% per annum, maturing May 5, 2028.

“On May 5, 2025, Tetra Tech, Inc. (the "Company") entered a Fourth Amended and Restated Credit Agreement, among the Company, Tetra Tech Canada Holding Corporation, Tetra Tech UK Holdings Limited, Tetra Tech Australia Group Holdings Pty Ltd, Bank of America, N.A., as administrative agent (the "Administrative Agent") and the lenders party thereto (the "Credit Agreement"). The Credit Agreement provides for (a) a fully funded $250 million senior secured term loan facility (the "5-Year Term Loan Facility"), (b) a $600 million revolving credit facility (the "Revolving Credit Facility"), of which up to $20,000,000 is available as swingline loans and up to $100,000,000 as letters of credit and (c) a fully funded $250 million senior secured term loan facility (the "3-Year Term Loan Facility" together with the 5-Year Term Loan Facility, the "Term Loan Facilities")”
Debt Financings

TETRA TECH INC incurred credit facility of $600 million revolving credit facility with Bank of America, N.A., as administrative agent at daily secured overnight financing rate ("SOFR") or term SOFR rate plus a margin maturing May 3, 2030.

“The Credit Agreement provides for (a) a fully funded $250 million senior secured term loan facility (the "5-Year Term Loan Facility"), (b) a $600 million revolving credit facility (the "Revolving Credit Facility"), of which up to $20,000,000 is available as swingline loans and up to $100,000,000 as letters of credit and (c) a fully funded $250 million senior secured term loan facility (the "3-Year Term Loan Facility"”
Debt Financings

TETRA TECH INC incurred credit facility of $250 million senior secured term loan facility with Bank of America, N.A., as administrative agent at daily secured overnight financing rate ("SOFR") or term SOFR rate plus a margin maturing May 3, 2030.

“On May 5, 2025, Tetra Tech, Inc. (the "Company") entered a Fourth Amended and Restated Credit Agreement, among the Company, Tetra Tech Canada Holding Corporation, Tetra Tech UK Holdings Limited, Tetra Tech Australia Group Holdings Pty Ltd, Bank of America, N.A., as administrative agent (the "Administrative Agent") and the lenders party thereto (the "Credit Agreement"). The Credit Agreement provides for (a) a fully funded $250 million senior secured term loan facility (the "5-Year Term Loan Facility"), (b) a $600 million revolving credit facility (the "Revolving Credit Facility"), of which up to $20,000,000 is available as swingline loans and up to $100,000,000 as letters of credit and (c) a fully funded $250 million senior secured term loan facility (the "3-Year Term Loan Facility" together with the 5-Year Term Loan Facility, the "Term Loan Facilities")”

John Douglas retired as Director at TETRA TECH INC.

“John Douglas notified Tetra Tech, Inc. (the “Company”) of his decision to retire as a member of the Board of Directors, effective upon the completion of his term on February 27, 2025.”

Joanne M. Maguire departed as Director at TETRA TECH INC.

“Joanne M. Maguire notified the Company on July 29, 2024 of her decision to retire as a member of the Board, effective September 30, 2024”

John M. Douglas was appointed as Director at TETRA TECH INC.

“John M. Douglas has been appointed to the Board of Directors of the Company (the “Board”), effective September 30, 2024”

Jill Hudkins resigned as President at TETRA TECH INC.

“On May 21, 2024, Jill Hudkins, President of Tetra Tech, Inc. (the “Company”), notified the Company that she will resign from the Company, effective May 31, 2024, in order to pursue other opportunities.”
Earnings Releases

TETRA TECH INC updated its fiscal year 2024 guidance (raised).

“Increasing Fiscal Year 2024 Net Revenue and EPS full year guidance”
Earnings Releases

TETRA TECH INC reported second fiscal quarter ended March 31, 2024 results: revenue $1.25 billion, EPS $1.42.

“Tetra Tech Reports Record Second Quarter Results and Raises Full Fiscal Year Guidance · Record Revenue $1.25 billion and Record Net Revenue $1.05 billion · Record Q2 EBITDA $135 million, up 28% Y/Y · Record Q2 EPS of $1.42, up 34% Y/Y”
Earnings Releases

TETRA TECH INC reported first fiscal quarter ended December 31, 2023 results: revenue $1.23 billion, EPS $1.40. Guidance raised.

“First Quarter Highlights · Revenue increased 37% to $1.23 billion with double-digit organic growth · EBITDA increased 32% to $131 million; on pace to reach $575 million in FY24, doubling in the past 3 years · Record first quarter EPS of $1.40 · Largest first quarter backlog ever, up 24% year-over-year · Industry leading DSO of 55 days · RPS Group integration exceeding expectations: – RPS EBITDA margin exceeded 10%, up more than 600 basis points in less than one year – RPS revenue synergies with more than $100 million in new contracts won”
Earnings Releases

TETRA TECH INC reported the fiscal year ended October 1, 2023 results: revenue $4.52 billion, EPS $5.10. Guidance initiated.

“Tech also achieved record annual results with all-time highs for revenue, net revenue, operating income, adjusted EBITDA, earnings and cash flow. Revenue for fiscal 2023 was $4.52 billion and net revenue was $3.75 billion, up 29% and 32%, respectively, over fiscal 2022. Adjusted EBITDA was $481 million, up 33% compared to last year. GAAP EPS was $5.10; adjusted”
Earnings Releases

TETRA TECH INC reported the fourth fiscal quarter ended October 1, 2023 results: revenue $1.26 billion, EPS $1.00.

“99.1) --- EX-99.1 2 tm2330497d2_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 NEWS RELEASE November 15, 2023 Tetra Tech Reports Record Fourth Quarter and Fiscal 2023 Results · Revenue $1.26 billion, up 40% Y/Y · Net revenue $1.06 billion, up 44% Y/Y · Quarterly adjusted EBITDA $153 million, up 51% Y/Y · Backlog of $4.79 billion, up $1.05 billion Y/Y · Initiates FY24”
Shareholder Votes

TETRA TECH INC shareholders approved Advisory vote on the frequency of future Say-on-Pay votes at the 2023-02-28 meeting.

“the Company’s stockholders cast the greatest number of votes in favor of holding hold future Say-on-Pay votes every year.”
Debt Financings

TETRA TECH INC incurred convertible notes of $575.0 million aggregate principal amount with U.S. Bank Trust Company, National Association at 2.25% per year maturing August 15, 2028.

“On August 22, 2023, Tetra Tech, Inc. (the “Company”) completed its previously announced private offering (the “Offering”) of $575.0 million aggregate principal amount of 2.25% Convertible Senior Notes due 2028 (the “Notes”), including the exercise in full of the initial purchasers’ option to purchase up to an additional $75.0 million principal amount of the Notes. The Notes were issued pursuant to an indenture, dated August 22, 2023 (the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee.”
Material Agreements

TETRA TECH INC entered into Indenture with U.S. Bank Trust Company, National Association valued at $575.0 million aggregate principal amount (effective 2023-08-22).

“On August 22, 2023, Tetra Tech, Inc. (the “Company”) completed its previously announced private offering (the “Offering”) of $575.0 million aggregate principal amount of 2.25% Convertible Senior Notes due 2028 (the “Notes”), including the exercise in full of the initial purchasers’ option to purchase up to an additional $75.0 million principal amount of the Notes. The Notes were issued pursuant to an indenture, dated August 22, 2023 (the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee.”
Earnings Releases

TETRA TECH INC updated its fiscal 2023 guidance (raised).

“Based on our strong performance and record high backlog, we are increasing our net revenue and earnings per share guidance for fiscal 2023.”
Earnings Releases

TETRA TECH INC reported the third fiscal quarter ended July 2, 2023 results: revenue $1.21 billion, EPS $1.12.

“Revenue in the third quarter totaled $1.21 billion and revenue , net of subcontractor costs (net revenue) 1 , was $988 million, up 36% and 37%, respectively, over last year. EBITDA 1 was $119 million, up 33% year-over-year. Earnings per share (“EPS”) was $1.12; adjusted EPS was $1.29, up 19% over the third quarter of fiscal 2022 1 .”

Derek Amidon resigned as Senior Vice President, President, Commercial/International Services Group and President, Energy Engineering Division at TETRA TECH INC.

“On May 2, 2023, Derek Amidon, Senior Vice President, President, Commercial/International Services Group and President, Energy Engineering Division, notified Tetra Tech, Inc. of his resignation, effective May 12, 2023.”
M&A Transactions

TETRA TECH INC completed an acquisition involving RPS Group plc (closed 2023-01-24).

“on January 24, 2023, Tetra Tech, Inc., (the “Company”) completed the acquisition of RPS Group plc (“RPS”) through a United Kingdom court-approved scheme of arrangement.”
Shareholder Votes

TETRA TECH INC shareholders approved Ratify the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal 2023 at the 2023-02-28 meeting.

“Appointment of PricewaterhouseCoopers LLP: For Against Abstain Non-Votes (1) 46,552,759 638,444 42,817 --”
Shareholder Votes

TETRA TECH INC shareholders approved Preferred frequency of advisory votes on executive compensation at the 2023-02-28 meeting.

“Preferred Frequency of Advisory Votes on Executive Compensation: One Year Two Years Three Years Abstain 43,004,509 15,569 937,102 38,966”
Shareholder Votes

TETRA TECH INC shareholders approved Advisory resolution regarding executive compensation at the 2023-02-28 meeting.

“Advisory Resolution Regarding Executive Compensation: For Against Abstain Non-Votes 41,745,090 2,191,388 59,668 3,237,874”
Shareholder Votes

TETRA TECH INC shareholders approved Election of eight members to the Board of Directors at the 2023-02-28 meeting.

“Election of Directors : Name For Against Abstain Non-Votes Dan L. Batrack 41,299,090 2,484,248 212,808 3,237,874 Gary R. Birkenbeuel 43,553,704 405,990 36,452 3,237,874 Prashant Gandhi 43,686,819 270,328 38,999 3,237,874 Joanne M. Maguire 43,082,588 877,470 36,088 3,237,874 Christiana Obiaya 43,779,713 179,819 36,614 3,237,874 Kimberly E. Ritrievi 43,776,110 183,403 36,633 3,237,874 J. Kenneth Thompson 38,744,530 5,188,157 63,459 3,237,874 Kirsten M. Volpi 43,252,308 707,168 36,670 3,237,874”
Earnings Releases

TETRA TECH INC reported first quarter ended January 1, 2023 results: revenue $737 million, EPS $2.18.

“Revenue in the first quarter totaled $895 million and revenue, net of subcontractor costs (net revenue), 1 was $737 million. Operating income was $92 million; adjusted operating income was $97 million, up 17% year-over-year, which reflects a 90-basis point increase to an all-time high adjusted EBITDA 1 margin of 14.0%. Earnings per share (“EPS”) was $2.18; adjusted EPS was $1.34, up 13% over first quarter fiscal 2022.”
M&A Transactions

TETRA TECH INC completed an acquisition involving RPS Group plc for 222 pence in cash for each RPS share.

“documents including a Bridge Credit Agreement, dated September 23, 2022 (the “Bridge Credit Agreement”). Pursuant to the Acquisition, RPS shareholders are entitled to receive 222 pence in cash for each RPS share held by such shareholder. The foregoing summary description of the Acquisition does not purport to be complete and is qualified in its entirety by”

Christiana Obiaya was appointed as Director at TETRA TECH INC.

“Christiana Obiaya has been appointed to the Board of Directors of the Company (the “Board”), effective January 2, 2023”
Governance Changes

TETRA TECH INC: Added Article 2.13 to implement proxy access, allowing stockholders owning 3% or more for at least three years to nominate directors; made conforming changes to Article 2.7 and other non-substantive updates (effective 2022-11-07).

“On November 7, 2022, the Board of Directors (the “Board”) of Tetra Tech, Inc. (the “Company”) adopted an amendment and restatement of the Company’s bylaws (the “Bylaws”) to implement proxy access.”
Material Agreements

TETRA TECH INC terminated Bridge Credit Agreement with Bank of America, N.A., as administrative agent and lender (effective 2022-10-26).

“The Bridge Credit Agreement was terminated and replaced by the Credit Agreement described under Item 1.01 in this Current Report on Form 8-K.”
Material Agreements

TETRA TECH INC entered into Third Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent, the subsidiary guarantors and the lenders party thereto (effective 2022-10-26).

“On October 26, 2022, Tetra Tech, Inc. (the “Company”) entered a Third Amended and Restated Credit Agreement, among the Company, Tetra Tech Canada Holding Corporation, Tetra Tech UK Holdings Limited (formerly known as Coffey UK Limited), Tetra Tech Coffey Pty., Ltd. (formerly known as Coffey Services Australia Pty. Ltd.), Bank of America, N.A., as administrative agent (the “Administrative Agent”), the subsidiary guarantors and the lenders party thereto (the “Credit Agreement”).”

Leslie L. Shoemaker changed role as Chief Sustainability and Leadership Development Officer at TETRA TECH INC.

“Dr. Leslie L. Shoemaker, Tetra Tech’s current President, will transition to Chief Sustainability and Leadership Development Officer.”

Jill M. Hudkins changed role as President at TETRA TECH INC.

“Effective October 3, 2022, Jill M. Hudkins, President, Resilient and Sustainable Infrastructure Division of Tetra Tech, Inc. (“Tetra Tech”), has been promoted to serve as Tetra Tech’s President, reporting to Dan L. Batrack, Chairman and Chief Executive Officer.”

Prashant Gandhi was appointed as Director at TETRA TECH INC.

“Prashant Gandhi has been appointed to the Board of Directors of the Company (the “Board”), effective May 1, 2022”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.