TETRA TECHNOLOGIES INC (TTI) Form 10-Q — Nov 2, 2026
TETRA Technologies reported Q3 2026 revenue of $168.0 million, down 9.5% sequentially, with net income of $6.8 million ($0.05/share) versus $10.2 million in Q2 2026. The sequential decline was driven by an 18.8% drop in Completion Fluids & Products revenue following a seasonally strong European calcium chloride quarter. On a year-to-date basis, the picture is stronger: nine-month revenue rose 5.3% to $509.9 million and net income attributable to stockholders rose 30.2% to $25.4 million, helped by Water & Flowback Services growth in Latin America and a sharp drop in interest expense.
Key figures
- Eps
- 0.05
- Revenue
- 167951000
- Net Income
- 6848000
- Total Debt
- 183819000
- Revenue Yoy
- +5.3% (nine months: $509.9M vs $484.3M)
- Total Assets
- 809296000
- Cash Position
- 84303000
- Shares Outstanding
- 148429978
- Liquidity
- 208300000
- Eps nine month
- 0.18
- Nine month revenue
- 509861000
- Nine month net income
- 25404000
- Q3 2025 total revenue
- 153239000
- Q3 2026 total revenue
- 167951000
- Short term investments
- 41733000
- Term loan interest rate
- 9.50%
- Q3 net income prior year
- 4151000
- Shelf capacity remaining
- 285000000
- June 2026 offering shares
- 12432432
- Arkansas capex nine months
- 77645000
- Q3 gross profit change seq
- -23.2%
- Immaterial error debt reclass
- 4800000
- Q3 operating income change seq
- -51.7%
- June 2026 offering net proceeds
- 108200000
- Operating cash flow nine months
- 31290000
- Term credit agreement principal
- 190000000
- Cfp segment q3 revenue change seq
- -18.8%
- Wfs segment nine month revenue growth
- 11.3%
AI analysis
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