Dan Batrack on financial outlook

About Dan Batrack

During Tetra Tech's Q4 2025 earnings call on November 13, 2025, Dan Batrack reported that the company achieved all-time records in nearly every field and significantly expanded its margins to the highest level in more than 30 years, with operating income up 23% and earnings per share up 29% to 44 cents for the quarter. He stated that more than 85% of Tetra Tech's business involves providing water services, and he noted that water demand for data centers is reshaping investment in water-related infrastructure, with an estimated $1 trillion invested in the data center market over the next 10 years. Batrack also said that defense budgets in the US, UK, and Australia are up significantly, supporting expansion of ports, flood protection, and water infrastructure projects. He projected fiscal year 2026 net revenue of $4.05 to $4.225 billion and EPS of $1.40 to $1.55, and expressed confidence in the company's long-term strategy and opportunities for acquisitions and organic growth to meet 2030 targets. In a 2016 interview, Batrack described Tetra Tech's core DNA as "empowering entrepreneurial scientists and engineers to do the best technical work for their clients bar anyone," a characteristic he said had remained unchanged from the company's founding in 1966 through its growth to approximately 15,000 employees.

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