Skip to content
TETRA Technologies logo

TETRA Technologies

TTI

TETRA Technologies is an energy services and solutions company that provides specialized products and water management services to the oil and gas industry.

Market cap
$1.14B+118%
Revenue$630.0M+4.1%
Net income$27.8M-74.3%
Free cash flow$2.7M+106%
EPS (diluted)$0.20-75.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 3, 2026 (In 5 days)
Revenue estimate$176.2M
EPS estimate$0.09

Financials

Q1 2026

Income statement

See full
Revenue$156.3M-0.6%
Gross profit$47.4M-9.8%
Operating income$12.8M-31.7%
Net income$8.3M+105%
EPS (diluted)$0.06+100%

Balance sheet

See full
Cash & equivalents$35.5M-13.5%
Total debt$224.4M+4.5%
Total equity$286.9M+5.1%
Total assets$662.3M+7.9%

Cash flow

See full
Operating cash flow-$11.9M-401%
CapEx$19.0M+5.9%
Free cash flow-$30.9M-120%

Valuation & ratios

Valuation

See full
Market cap$1.14B+118%
Enterprise value$1.33B+104%
P/E40.9×
P/S1.8×+1.0×

Profitability

See full
Gross margin30.5%-0.6pp
Operating margin7.8%
FCF margin0.4%

Returns & leverage

See full
Debt / equity0.8×0.0×
Current ratio-0.5×

Segments

By segment

See full
Completion Fluids & Products Segment$91.7M-1.4%
Water & Flowback Services Segment$64.5M+0.6%

By product

See full
Services$73.0M+5.8%

Competitors

Profile

TETRA Technologies is an energy services and solutions company that provides specialized products and water management services to the oil and gas industry. The company is increasingly leveraging its chemical expertise and mineral acreage to expand into low-carbon energy markets, including battery technologies and critical mineral extraction. Its core value proposition centers on environmentally conscious solutions for well completion, water recycling, and sustainable energy storage.

Competitive position

A leading provider of high-density completion fluids and automated water management solutions with a growing strategic position in the bromine and lithium mineral value chain.

GeographiesUnited States, Latin America, Europe, Middle East, Asia, Africa
Customer segmentsUpstream Oil & Gas, Industrial Manufacturing, Utility-scale Energy Storage, Data Centers
Business modelManufacturing, Service Provider, Resource Extraction, Circular Economy (Recycling/Buy-back)
SuppliersHydrochloric acid suppliers, Limestone producers, Bromine and zinc raw material providers, Equipment manufacturers
CustomersIntegrated oil majors, Independent E&P companies, Battery manufacturers, Industrial water treatment facilities, Road maintenance and agricultural end-users
Listed1990
Employees1.5K
CEOBrady Murphy
SectorEnergy
FilingsSEC EDGAR

Questions, answered.

What is TETRA Technologies's market cap?
TETRA Technologies (TTI) has a market capitalization of $1.1B and trades on NYSE.
What is TETRA Technologies's revenue and profitability?
TETRA Technologies generated $630.0M in trailing twelve-month revenue with net income of $27.8M, representing a net margin of 19.8%. Gross margin stands at 30.5%, with free cash flow of $2.7M. These figures are based on the Q1 2026 filing.
Who are TETRA Technologies's competitors?
TETRA Technologies's key competitors include Select Water Solutions, Inc., Halliburton Company, Schlumberger Limited, and others. These companies compete in similar markets and product categories.
Who does TETRA Technologies partner with?
TETRA Technologies's notable partners include Eos Energy Enterprises, Inc., EOG Resources, Inc., LANXESS AG, and others.
What subsidiaries does TETRA Technologies have?
TETRA Technologies's subsidiaries include TETRA Chemicals Europe AB, TETRA Chemicals Europe Oy.
Where is TETRA Technologies headquartered?
TETRA Technologies is headquartered in United States of America and employs approximately 1,500 people. It has been publicly traded since 1990.