TETRA TECHNOLOGIES INC reported results for the 2026 quarter with revenue of $185.66M, down sequentially from recent quarters but up 6.8% versus the prior-year quarter, while diluted EPS was $0.07 and net income attributable to TETRA stockholders was $10.24M.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$185.66M$173.87M6.8% | Net income²$10.24M$11.31M(9.4%) | Diluted EPS³$0.07$0.08(12.5%) |
¹ Reported as “Total revenues”. ² Reported as “Net income attributable to TETRA stockholders”. ³ Reported as “Diluted net income per common share”.
Business Highlights
- Consolidated revenue rose 3.3% year-to-date to $341.9M; Q2 revenue increased 18.8% sequentially, driven by strength in Completion Fluids.
- Completion Fluids benefited from higher specialty chemical volumes in Northern Europe and deepwater projects in Brazil.
- Water & Flowback adoption improved with TETRA SandStorm and Auto-Drillout automation, supporting utilization and margins.
- Arkansas Bromine Project Phase 2 is underway with mechanical completion targeted by the end of 2026 and operations expected in 2027–2028.
- The company is executing cost reductions, optimizing support structures and closing certain Water & Flowback service lines to improve efficiency.
Original SEC Filing:
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