德照科技 2026年季度报告

FORM10-Q (Mark One)☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OFTHESECURITIESEXCHANGE ACT OF1934 For the quarterly period ended December 28, 2025 OR TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OFTHESECURITIESEXCHANGE ACT OF1934 For the transition period fromto Commission File Number 0-19655 TETRA TECH,INC.(Exact name of registrant as specified in its charter) 3475 East Foothill Boulevard, Pasadena, California91107(Address of principal executive offices)(Zip Code)(626) 351-4664(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Act of 1934 during the preceding 12months (orfor such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted andposted pursuant to Rule405 of regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit andpost such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company.See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐Smaller reporting companyEmerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financialaccounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act). Yes☐No☒ At January19, 2026, 260,807,561 shares of the registrant’s common stock were outstanding. TETRA TECH,INC. INDEX PARTI.FINANCIAL INFORMATIONPAGE NO.Item 1.Financial Statements (Unaudited)3Consolidated Balance Sheets as of December 28, 2025 and September 28, 20253Consolidated Statements of Income for the Three Months Ended December 28, 2025 and December 29,20244Consolidated Statements of Comprehensive Income for the Three Months Ended December 28, 2025 andDecember 29, 20245Consolidated Statements of Cash Flows for the Three Months Ended December 28, 2025 and December 29,20246Consolidated Statements of Stockholders' Equity for the Three Months Ended December 28, 2025 andDecember 29, 20247Notes to Unaudited Consolidated Financial Statements8Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations24Item 3.Quantitative and Qualitative Disclosures About Market Risk35Item 4.Controls and Procedures36PARTII.OTHER INFORMATION36Item 1.Legal Proceedings36Item 1A.Risk Factors37Item 2.Unregistered Sales of Equity Securities and Use of Proceeds37Item 4.Mine Safety Disclosures37Item 5.Other Information37Item 6.Exhibits37SIGNATURES39 Tetra Tech,Inc.Consolidated Balance Sheets(unaudited - in thousands, except par value) Tetra Tech,Inc.Consolidated Statements of Income(unaudited – in thousands, except per share data) Tetra Tech,Inc.Consolidated Statements of Comprehensive Income(unaudited – in thousands) Tetra Tech,Inc.Consolidated Statements of Cash Flows(unaudited – in thousands) Tetra Tech,Inc.Consolidated Statements of Stockholders' EquityThree Months Ended December29, 2024 and December28, 2025(unaudited – in thousands) TETRA TECH,INC.Notes to Consolidated Financial Statements 1.Basis of Presentation The accompanying unaudited consolidated financial statements and related notes of Tetra Tech,Inc. (“we,” “us,” “our” or "TetraTech") have been prepared in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”) forinterim financial information and with the instructions to Form10-Q and Rule10-01 of Regulation S-X.They do not include all of theinformation and footnotes required by U.S. GAAP for complete financial statements and, therefore, should be read in conjunction with theaudited consolidated financial statements and the notes contained in our Annual Report on Form10-K for the fiscal year ended September28,2025. These financial statements reflect all normal recurring adjustments that are considered necessary for a fair statement of our financialposition, results of operations and cash flows for the interim periods presented.The results of operations and cash flows for any interim periodare not necessarily indicative of results for the full fiscal year or for future fiscal years. Certain prior yea