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TETRA TECHNOLOGIES, INC. REPORTS STRONG SECOND-QUARTER 2026 RESULTS

$TTIPress releaseAug 3, 2026, 5:57 PM ETRead the release

TETRA Technologies reported Q2 2026 revenue of $185.7 million, up 19% sequentially and 7% year over year, while Adjusted EBITDA increased 24% sequentially to $31.9 million. The company raised $108 million in net proceeds from a June equity offering and its Board approved the final investment decision for the Arkansas Bromine Project, which is expected to be operational in late 2027.

Key figures

Eps
0.07
Revenue
185657000
Guidance
Deepwater and international activity outlook remains strong; base business expected to perform in line with market expectations.
Revenue Yoy
7%
Net debt
28732000
Adjusted ebitda
31866000
Base business afcf
22835000
Net leverage ratio
0.4x
Adjusted net income per share
0.08

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.