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Other financials

Income statement

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Revenue$185.7M+6.8%
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$1.27B+145%
Enterprise value$1.34B+101%
P/E37.4×
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

Calculated from TETRA Technologies’s reported figures.

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
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Depreciation, amortization and accretion9,6009,18918,77618,340
Impairments and other charges93611
Total cost of revenues139,943125,628257,971239,862
Gross profit45,71448,24483,93991,150
General and administrative expense25,58425,25950,99349,393
Operating income20,13022,98532,94641,757
Interest expense, net3,2674,1946,5048,918
Other expense (income), net1,009(645)(1,002)8,317

Item 1. Financial Statements.

FAQ

What is TETRA Technologies's gross profit?
TETRA Technologies (TTI) reported gross profit of $55.31M in Q2 2026.
How has TETRA Technologies's gross profit changed year-over-year?
TETRA Technologies's gross profit decreased by 3.8% year-over-year, from $57.53M to $55.31M.
What is the long-term trend for TETRA Technologies's gross profit?
Over 4 years (2021 to 2025), TETRA Technologies's gross profit has grown at a 35.1% compound annual growth rate (CAGR), from $59.24M to $197.21M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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