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TETRA Technologies TTI Q2 2026 earnings

Reported August 3, 2026 · After market close

Revenue$185.7MBeat by $9.5M
EPS$0.08In line
Revenue estimate$176.2M
EPS estimate$0.08
We delivered one of our strongest second-quarter and first-half financial performances in the past decade, reflecting the strength of our base business and our ability to grow in deepwater and international markets. Internationally and globally offshore, our revenues for the second-quarter and first six months of the year were a ten-year high, with our first-half 2026 international revenue 24% higher than any first six months over the past decade. Second-quarter consolidated revenue of $186 million increased 19% sequentially and 7% year over year. Income from continuing operations was $10.2 million for the quarter. Adjusted EBITDA for the quarter increased 24% sequentially to $31.9 million. Our performance also benefited from growing demand for the proprietary zinc-bromide electrolyte solution manufactured at our facility, reflecting expanding market interest in long-duration energy storage applications. During the quarter, we achieved several key milestones supporting our ONE TETRA 2030 objectives. Our Arkansas bromine production facility (the
Brady Murphy

Next report

Oct 27, 2026 (in a month)
Revenue estimate$159.1M
EPS estimate$0.05

Financials

Q2 2026

Income statement

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Revenue$185.7M+6.8%
Gross profit$55.3M-3.8%
Operating income$20.1M-12.4%
Net income$10.2M-9.4%
EPS (diluted)$0.07-12.5%

Balance sheet

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Cash & equivalents$154.6M+125%
Total debt$223.8M+3.2%
Total equity$407.8M+40.2%
Total assets$800.1M+23.9%

Cash flow

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Operating cash flow$34.4M-28.9%
CapEx$23.3M+19.6%

Valuation & ratios

Valuation

as of 09/17/26
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Market cap$929.9M+37.3%
Enterprise value$999.1M+21.1%
P/E27.3×
P/S1.5×+0.3×

Profitability

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Gross margin29.6%-2.4pp
Operating margin7.3%-2.9pp

Returns & leverage

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Debt / equity0.5×-0.2×
Current ratio2.5×0.0×

Segments

By segment

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Completion Fluids & Products Segment$113.1M+3.3%
Water & Flowback Services Segment$72.5M+12.6%

By product

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Services$82.1M+15.3%

FAQ

When did TETRA Technologies report Q2 2026 earnings?
TETRA Technologies (TTI) reported Q2 2026 earnings on August 3, 2026 after market close.
What were TETRA Technologies's Q2 2026 revenue and EPS?
TETRA Technologies reported revenue of $185.7M and eps of $0.08 for Q2 2026.
Did TETRA Technologies beat estimates in Q2 2026?
Revenue beat the consensus estimate of $176.2M by $9.5M. EPS beat the consensus estimate of $0.08 by $0.00.
How did TETRA Technologies's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 6.8% from $173.9M a year earlier and eps declined 11.1% from $0.09.
Where can I find TETRA Technologies's Q2 2026 SEC filings?
You can read the 8-K earnings release (0000844965-26-000056) and the 10-Q periodic report (0000844965-26-000058) directly on SEC EDGAR. The filing index links above go to sec.gov.