TETRA Technologies (TTI)
Supplies completion fluids, calcium chloride, water services, and future-facing bromine chemistry.
$5.93
vs last close−0.09 (−1.58%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 151 | 153 | 151 | 172 | 142 | 135 | 157 | 174 | 153 | 147 | 156 | 186 |
| Cost of revenue | 117 | 126 | 120 | 129 | 107 | 103 | 114 | 126 | 117 | 115 | 118 | 140 |
| Gross profit | 34 | 27 | 31 | 43 | 34 | 31 | 43 | 48 | 36 | 32 | 38 | 46 |
| 24 | 23 | 22 | 22 | 22 | 23 | 24 | 25 | 25 | 26 | 25 | 26 | |
| 24 | 23 | 22 | 22 | 22 | 23 | 24 | 25 | 25 | 26 | 25 | 26 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 24 | 23 | 22 | 22 | 22 | 23 | 24 | 25 | 25 | 26 | 25 | 26 |
| Operating income | 10 | 4 | 9 | 21 | 12 | 8 | 19 | 23 | 11 | 6 | 13 | 20 |
| −4 | −8 | −8 | −9 | −4 | −1 | −14 | −4 | −3 | −12 | −1 | −4 | |
| Interest expense | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 4 | 4 | 4 | 3 | 3 |
| Other non-operating income | −2 | 2 | 2 | 2 | −1 | −5 | 9 | −1 | −1 | 8 | −2 | 1 |
| Income before tax | 7 | −4 | 1 | 12 | 8 | 7 | 5 | 19 | 8 | −6 | 12 | 16 |
| Income tax expense | 1 | 1 | 0 | 5 | 5 | −95 | 1 | 8 | 4 | 9 | 3 | 6 |
| Net income from continuing operations | 5 | −4 | 1 | 8 | 3 | 102 | 4 | 11 | 4 | −15 | 8 | 10 |
| Discontinued operations | 0 | 0 | 0 | 0 | −6 | 0 | 0 | 0 | 0 | −1 | 0 | 0 |
| Net income | 5 | −4 | 1 | 8 | −3 | 103 | 4 | 11 | 4 | −17 | 8 | 10 |
| EPS, basic | $0.04 | −$0.03 | $0.01 | $0.06 | −$0.02 | $0.78 | $0.03 | $0.08 | $0.03 | −$0.11 | $0.06 | $0.07 |
| EPS, diluted | $0.04 | −$0.03 | $0.01 | $0.06 | −$0.02 | $0.77 | $0.03 | $0.08 | $0.03 | −$0.11 | $0.06 | $0.07 |
| Weighted average shares, basic | 130 | 130 | 130 | 131 | 132 | 132 | 132 | 133 | 133 | 134 | 135 | 139 |
| Weighted average shares, diluted | 132 | 130 | 132 | 132 | 132 | 133 | 134 | 133 | 135 | 134 | 137 | 141 |
| EBITDA | 21 | 11 | 16 | 27 | 22 | 22 | 19 | 33 | 22 | 7 | 24 | 29 |
| Depreciation & amortization | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 10 |
| EBIT | 12 | 2 | 7 | 19 | 13 | 13 | 10 | 24 | 13 | −2 | 15 | 19 |