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TETRA Technologies TTI Contract Liabilities

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Other financials

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%
Free cash flow-$30.9M-120%

Valuation

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Market cap$1.28B+145%
Enterprise value$1.35B+101%
P/E37.7×
P/S+1.1×

Profitability

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Gross margin29.6%-2.4pp
Operating margin7.3%-2.9pp
Net margin19.8%
FCF margin0.4%

Returns & leverage

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Return on equity53.9%
Debt / equity0.5×-0.2×
Current ratio2.5×0.0×

Where this comes from

Reported directly by TETRA Technologies in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The source filing: TETRA Technologies’s 10-Q, filed August 4, 2026.

Filed
Aug 3, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000844965-26-000058

Unearned income includes amounts in which the Company was contractually allowed to invoice prior to satisfying the associated performance obligations. Unearned income balances were $11.0 million and $5.9 million as of June 30, 2026 and December 31, 2025, respectively, and vary based on the timing of invoicing and performance obligations being met. Unearned income is included in accrued liabilities and other in our condensed consolidated balance sheets. We recognized approximately $4.0 million and $3.1 million of revenue during the three and six months ended June 30, 2026, respectively, and $0.1 million and $0.2 million of revenue during the three and six months ended June 30, 2025, respectively, deferred in unearned income as of the beginning of the period. During the six months ended June 30, 2026 and June 30, 2025, contract costs were not significant.

Item 1. Financial Statements.

FAQ

What is TETRA Technologies's contract liabilities?
TETRA Technologies (TTI) reported contract liabilities of $11M in Q2 2026.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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