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TETRA Technologies TTI Services — Cost of product sales and services

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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$1.27B+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:CostOfGoodsAndServicesSold.

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 revenues185,657173,872341,910331,012
Cost of revenues:
Cost of product sales69,16257,323123,148107,088
Cost of services61,18159,023116,047113,823
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

Item 1. Financial Statements.

FAQ

What is TETRA Technologies's services — cost of product sales and services?
TETRA Technologies (TTI) reported services — cost of product sales and services of $61.18M in Q2 2026.
How has TETRA Technologies's services — cost of product sales and services changed year-over-year?
TETRA Technologies's services — cost of product sales and services increased by 3.7% year-over-year, from $59.02M to $61.18M.
What is the long-term trend for TETRA Technologies's services — cost of product sales and services?
Over 4 years (2021 to 2025), TETRA Technologies's services — cost of product sales and services has grown at a 11.1% compound annual growth rate (CAGR), from $146.67M to $223.84M.
What does services — cost of product sales and services mean?
This metric captures the direct costs incurred to deliver the services and associated products within a specific business segment, including labor, materials, and direct operational overhead. It serves as a primary indicator of the segment's direct cost structure and operational efficiency. Analyzing this metric allows stakeholders to evaluate the segment's gross margin performance and the effectiveness of cost-control initiatives.

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