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Tetra Technologies Inc.

TTI · Energy

Last earnings Aug 4, 2026

Key results

Revenuequarter

$174 million

Revenue of $174 million increased 11% sequentially Net income before taxes of $19.4 million increased $14.4 million sequentially Adjusted EBITDA of $35.9 million increased $3.6 million sequentially from $32.3 million

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

EPSquarter

$0.08

GAAP earnings per share were $0.08.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

Free cash flowquarter

$37.4 million

Adjusted earnings per share were $0.09 Net cash provided by operating activities was $48.3 million, while free cash flow from the base business was $37.4 million Capital expenditures were $19 million, including $10.9 million related to TETRA s Arkansas project

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

Capexquarter

$19 million

Adjusted earnings per share were $0.09 Net cash provided by operating activities was $48.3 million, while free cash flow from the base business was $37.4 million Capital expenditures were $19 million, including $10.9 million related to TETRA s Arkansas project

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

The team delivered an 11% sequential improvement in revenue that included the successful completion of the three well CS Neptune Gulf of America project and another very strong northern Europe industrial chemicals season.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

On the back of the $53 million of base business free cash flow that we have generated in the first half of the year, we invested $22 million also in the first half of the year into the development of our Arkansas bromine processing facility, including preparing the site and bromine tower for the plant.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

Completion Fluids Products revenuequarter

$109 million

2 Completion Fluids Products Revenue of $109 million Net income before taxes of $38.1 million Adjusted EBITDA of $40.1 million and Adjusted EBITDA margins of 36.7% Completion Fluids Products revenue increased 18% sequentially and 9% year over year.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

Net incomequarter

$38.1 million

2 Completion Fluids Products Revenue of $109 million Net income before taxes of $38.1 million Adjusted EBITDA of $40.1 million and Adjusted EBITDA margins of 36.7% Completion Fluids Products revenue increased 18% sequentially and 9% year over year.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

Net income before taxes increased 24% sequentially and 43% from last year.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

Water Flowback Services revenuequarter

9.9%

Water Flowback Services Revenue of $64 million Net loss before taxes of $1.3 million Adjusted EBITDA of $6.4 million and Adjusted EBITDA margins of 9.9% Water and Flowback Services revenue increased slightly from the first quarter despite weaker frac activity, which declined 14% sequentially.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

Gross marginquarter

$48,244 thousand

Gross profit 48,244 42,906 43,253

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

AI analysis

Q2 2025 · reported Jul 29, 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Revenue · Q2 2025
$174M
EX-99 · Jul 29, 2025
EPS · Q2 2025
$0.08
EX-99 · Jul 29, 2025
Free cash flow · Q2 2025
$37.4M
EX-99 · Jul 29, 2025
Net income · Q2 2025
$38.1M
EX-99 · Jul 29, 2025

The quarter in charts

Capex & free cash flow

As stated

013.326.740$19MCapex Q$37.4MFree cash flow Q

EX-99 · Jul 29, 2025 Values as labeled in the release.

Guidance ladder — revenue

Delivered vs the company's guided range

EX-99 · Jul 29, 2025 Guide as stated by the company; range and midpoint computed from the stated figure.

Headline figures

MetricQ2 2025Prior qtrYear ago
Revenue$174 million——
EPS$0.08——
Free cash flow$37.4 million——
Capex$19 million——
Completion Fluids Products revenue$109 million——
Net income$38.1 million——
Water Flowback Services revenue9.9%——
Gross margin$48,244 thousand——

EX-99 · Jul 29, 2025

Guidance · company-stated

Direction: Raised

Revenue$174 million

“ANNOUNCES STRONG SECOND QUARTER 2025 RESULTS AND PROVIDES FULL YEAR GUIDANCE Second Quarter 2025 Financial Highlights Revenue of $174 million increased 11% sequentially Net income before taxes of $19.4 million increased $14.4 million sequentially Adjusted EBITDA of $35.9 million increased $3.6 million sequentially from $32.3 million GAAP earnings per share were $0.08.”

Company outlook — Lowered

“These guidance ranges are subject to risks associated with schedule delays for completion fluid projects, hurricane disruptions in the Gulf of America, changes to oil and gas company spending plans, lower than expected U.”

Midpoint vs latest-quarter revenue0.0%computed from stated figures

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Gross margin$48,244 thousand

Cash flow & capex

Free cash flow$37.4M
Capex$19M

Capital allocation

EPS$0.09
Free cash flow$37.4M
Capex$19M
Total capex$19M

Adjusted earnings per share were $0.09 Net cash provided by operating activities was $48.3 million, while free cash flow from the base business was $37.4 million Capital expenditures were $19 million, including $10.9 million related to TETRA s Arkansas project THE WOODLANDS, TEXAS, July 29, 2025 PR Newswire - TETRA Technologies, Inc.

What changed vs last quarter

  • Guide midpoint vs latest-quarter revenue 0.0% computed from stated figures

Company-stated claims

Aug 4, 2026

Forward-looking · double · revenue

“In addition, our Flowback business is on track to grow significantly in 2026 and to more than double 2025 revenues in Argentina.”

EX-99 · Aug 4, 2026
General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

( TETRA or the Company ) (NYSE TTI) announced second quarter 2025 financial results

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Direction: Raised

Revenue: “ANNOUNCES STRONG SECOND QUARTER 2025 RESULTS AND PROVIDES FULL YEAR GUIDANCE Second Quarter 2025 Financial Highlights Revenue of $174 million increased 11% sequentially Net income before taxes of $19.4 million increased $14.4 million sequentially Adjusted EBITDA of $35.9 million increased $3.6 million sequentially from $32.3 million GAAP earnings per share were $0.08.”

Revenue — Raised (“increased”)
“ANNOUNCES STRONG SECOND QUARTER 2025 RESULTS AND PROVIDES FULL YEAR GUIDANCE Second Quarter 2025 Financial Highlights Revenue of $174 million increased 11% sequentially Net income before taxes of $19.4 million increased $14.4 million sequentially Adjusted EBITDA of $35.9 million increased $3.6 million sequentially from $32.3 million GAAP earnings per share were $0.08.”

Company outlook — Lowered (“lower”)
“These guidance ranges are subject to risks associated with schedule delays for completion fluid projects, hurricane disruptions in the Gulf of America, changes to oil and gas company spending plans, lower than expected U.”

Classified from the release's primary full-year outlook statement.

Capital allocation

Adjusted earnings per share were $0.09 Net cash provided by operating activities was $48.3 million, while free cash flow from the base business was $37.4 million Capital expenditures were $19 million, including $10.9 million related to TETRA s Arkansas project THE WOODLANDS, TEXAS, July 29, 2025 PR Newswire - TETRA Technologies, Inc.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

In the near-term, we continue to take proactive actions to reduce costs, right size our support structure, minimize capital expenditures and close underperforming service lines within Water and Flowback Services.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

Total capital expenditures were $19 million, including $10.9 million associated with the Arkansas bromine processing facility.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

Liquidity is defined as unrestricted cash plus availability under the ABL Credit Agreement, the Swedish Credit Facility and the delayed draw from our Term Credit Agreement.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

________________________________________________ As of June 30, 2025, TETRA had cash and cash equivalents of $69 million, long-term debt of $181 million consisting of borrowings outstanding under our term loan, net debt of $112 million and a net leverage ratio (Net Debt TTM Adjusted EBITDA) of 1.2x.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

This press release includes the following financial measures that are not presented in accordance with generally accepted accounting principles in the United States ( GAAP ) Adjusted net income per share, Adjusted EBITDA, and Adjusted EBITDA Margin (Adjusted EBITDA as a percent of revenue) on consolidated and segment basis, adjusted net income, adjusted free cash flow, net debt, net leverage ratio and return on net capital employed.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

Strategy & priorities

Our continued focus on executing on the base business and management of the balance sheet continues to support our Arkansas investment and to move forward with our emerging growth initiatives.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

On the emerging growth initiatives, we are very encouraged by the progress of the Eos Energy Enterprises, Inc.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

Our focus on cost reductions, automation, technology, plus a favorable customer mix of super majors and large independent oil gas operators is expected to result in less pronounced volatility than what we have experienced in prior cycles.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

Emerging Growth Initiatives Consistent execution in our base business has enabled us to generate significant recurring cash flow which we will use to leverage our proven expertise in fluid chemistry to expand into two emerging growth markets energy storage and produced water recycling.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

-sourced content directly supports the growing priority for domestic supply chain resilience and American-made energy solutions.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

Risks & headwinds

rig count and lower oil prices due to overall market uncertainty.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

Further, there are a number of uncertainties related to processing lithium, which is an inherently difficult process.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

Such statements are subject to several risks and uncertainties, many of which are beyond the control of the Company.

SEC original ↗Tetra Technologies Inc. — Earnings release (8-K exhibit)EX-99Jul 29, 2025

Legal Proceedings 30 Item 1A.

SEC original ↗Tetra Technologies Inc. — 10-Q Quarterly report10-QAug 4, 2026

Due to the inherent subjectivity of the assessments and unpredictability of the outcomes of any legal proceedings, any amounts estimated or accrued may not represent the ultimate loss to the Company.

SEC original ↗Tetra Technologies Inc. — 10-Q Quarterly report10-QAug 4, 2026

NOTE 6 COMMITMENTS AND CONTINGENCIES Litigation We are named defendants in several lawsuits and respondents in certain governmental proceedings arising in the ordinary course of business.

SEC original ↗Tetra Technologies Inc. — 10-Q Quarterly report10-QAug 4, 2026

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

TotalEnergies (TTE) EnergyYPF (YPF) EnergyCenovus Energy (CVE) EnergySuncor Energy (SU) EnergyCanadian Natural Resources (CNQ) EnergyWoodside Energy (WDS) EnergyCameco (CCJ) EnergyVista Energy, S.A.B. De C.V. (VIST) Energy
Documents

Filings

30 documents

Earnings releases

11 documents

Presentations

0 documents

No presentations for Tetra Technologies Inc. are held in this edition of the library.

Transcripts

0 documents

No transcripts for Tetra Technologies Inc. are held in this edition of the library.

Mentioned by

1 company

Other tracked companies whose held documents mention Tetra Technologies Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.