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TETRA Technologies TTI Operating Income

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Segments

By segment

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Completion Fluids & Products Segment$27.55M-27.0%
Water & Flowback Services Segment$4.02M+461%

Other financials

Income statement

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Revenue$185.7M+6.8%
Gross profit$55.3M-3.8%
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

Reported directly by TETRA Technologies in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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
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
Income before taxes15,85419,43627,44424,522
Income tax expense5,6178,1318,8889,168

Item 1. Financial Statements.

FAQ

What is TETRA Technologies's operating income?
TETRA Technologies (TTI) reported operating income of $20.13M in Q2 2026.
How has TETRA Technologies's operating income changed year-over-year?
TETRA Technologies's operating income decreased by 12.4% year-over-year, from $22.99M to $20.13M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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