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Tetra Tech vs Willdan: revenue, profit, margins and growth compared

Tetra Tech brought in $5.4B of revenue in fiscal 2025, Willdan $681.6M in fiscal 2025. Revenue changed by +4.7% at Tetra Tech and +20.5% at Willdan on the year before, so Willdan grew faster. Tetra Tech kept 4.6% of its revenue as net profit, Willdan 7.7%. Free cash flow was $439.1M at Tetra Tech and $70.7M at Willdan.

Side by side, latest fiscal year

TTEKWLDN
Fiscal year endedFY2025 (September 28, 2025)FY2025 (January 2, 2026)
Revenue$5.4B$681.6M
Revenue growth+4.7%+20.5%
Net income$247.7M$52.6M
Net margin4.6%7.7%
Free cash flow$439.1M$70.7M
Free cash flow margin8.1%10.4%
Earnings per share (diluted)$0.93$3.49
Cash$167.5M$65.9M
Debt$766.4M$48.5M
Price to earnings36.522.6
Market value$8.7B$1.2B
Dividend yield0.73%n/a
Rank by revenue in sector#188 of 778 · Consumer discretionary#522 of 778 · Consumer discretionary

Over the years

Revenue
TTEK FY2018: $3BTTEK FY2019: $3.1BTTEK FY2020: $3BTTEK FY2021: $3.2BTTEK FY2022: $3.5BTTEK FY2023: $4.5BTTEK FY2024: $5.2BTTEK FY2025: $5.4BWLDN FY2018: $272.3MWLDN FY2019: $443.1MWLDN FY2020: $391MWLDN FY2021: $353.8MWLDN FY2022: $429.1MWLDN FY2023: $510.1MWLDN FY2024: $565.8MWLDN FY2025: $681.6MFY18FY19FY20FY21FY22FY23FY24FY25
TTEK $5.4BWLDN $681.6M
Net income
TTEK FY2018: $136.9MTTEK FY2019: $158.7MTTEK FY2020: $173.9MTTEK FY2021: $232.8MTTEK FY2022: $263.1MTTEK FY2023: $273.4MTTEK FY2024: $333.4MTTEK FY2025: $247.7MWLDN FY2018: $10MWLDN FY2019: $4.8MWLDN FY2020: -$14.5MWLDN FY2021: -$8.4MWLDN FY2022: -$8.4MWLDN FY2023: $10.9MWLDN FY2024: $22.6MWLDN FY2025: $52.6MFY18FY19FY20FY21FY22FY23FY24FY25
TTEK $247.7MWLDN $52.6M
Net margin
TTEK FY2018: 4.6%TTEK FY2019: 5.1%TTEK FY2020: 5.8%TTEK FY2021: 7.2%TTEK FY2022: 7.5%TTEK FY2023: 6.0%TTEK FY2024: 6.4%TTEK FY2025: 4.6%WLDN FY2018: 3.7%WLDN FY2019: 1.1%WLDN FY2020: -3.7%WLDN FY2021: -2.4%WLDN FY2022: -2.0%WLDN FY2023: 2.1%WLDN FY2024: 4.0%WLDN FY2025: 7.7%FY18FY19FY20FY21FY22FY23FY24FY25
TTEK 4.6%WLDN 7.7%
Revenue growth
TTEK FY2019: +4.8%TTEK FY2020: -3.6%TTEK FY2021: +7.3%TTEK FY2022: +9.0%TTEK FY2023: +29.1%TTEK FY2024: +15.0%TTEK FY2025: +4.7%WLDN FY2019: +62.8%WLDN FY2020: -11.8%WLDN FY2021: -9.5%WLDN FY2022: +21.3%WLDN FY2023: +18.9%WLDN FY2024: +10.9%WLDN FY2025: +20.5%FY19FY20FY21FY22FY23FY24FY25
TTEK +4.7%WLDN +20.5%
Free cash flow
TTEK FY2018: $176MTTEK FY2019: $192.3MTTEK FY2020: $250.2MTTEK FY2021: $295.8MTTEK FY2022: $325.6MTTEK FY2023: $341.6MTTEK FY2024: $340.6MTTEK FY2025: $439.1MWLDN FY2018: $5.5MWLDN FY2019: $5MWLDN FY2020: $41.9MWLDN FY2021: $1.3MWLDN FY2022: -$169KWLDN FY2023: $29.3MWLDN FY2024: $63.7MWLDN FY2025: $70.7MFY18FY19FY20FY21FY22FY23FY24FY25
TTEK $439.1MWLDN $70.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about Tetra Tech and Willdan

Which is bigger by revenue, Tetra Tech or Willdan?

Tetra Tech is bigger by revenue: $5.4B in fiscal 2025, against $681.6M for Willdan in fiscal 2025.

Which keeps more of its revenue as profit, Tetra Tech or Willdan?

Tetra Tech had a net margin of 4.6% in fiscal 2025; Willdan had 7.7% in fiscal 2025.

Which grew revenue faster, Tetra Tech or Willdan?

In their latest fiscal years revenue changed by +4.7% at Tetra Tech and +20.5% at Willdan.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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