TETRA Technologies, Inc. (TTI) is a diversified enterprise that delivers a range of services to the oil and gas industry. The company ...
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Est. EPS $0.05 · Revenue $159.14M · 2 analysts
Est. EPS $0.06 · Revenue $161.96M · 2 analysts
Est. EPS $0.25 · Revenue $662.98M · 2 analysts
Est. EPS $0.06 · Revenue $170.80M · 1 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $630.9M | +5.3% | +18.8% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $3.0M | -97.2% | +23.1% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +25.4% | +8.6% | +0.7% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +9.4% | +13.1% | +32.2% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +0.5% | -97.4% | +3.6% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $19.5M | +180.9% | +135.9% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +3.1% | +176.8% | +130.2% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 92.7% | +6.6% | -29.8% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 2.02x | -7.4% | +21.6% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $785.2M | +9.3% | +20.8% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 0.02 vs 0.22 | -90.1% | 0.07 vs 0.05 | +34.6% |
| Revenue Surprise | $630.9M vs $625.3M | +0.9% | $185.7M vs $159.1M | +16.7% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Sep 2, 2026 | John Angela D | director | Common Stock | A | 10,000 | $6.50 |
| Aug 25, 2026 | Moeller Timothy C | officer: Sr. Vice President | Common Stock | A | 13,599 | — |
| Aug 25, 2026 | Moeller Timothy C | officer: Sr. Vice President | Common Stock | D | 5,352 | $6.77 |
| Aug 25, 2026 | Moeller Timothy C | officer: Sr. Vice President | Common Stock | A | 13,612 | — |
| Aug 25, 2026 | Moeller Timothy C | officer: Sr. Vice President | Common Stock | D | 5,357 | $6.77 |
Operator: Hello, and thank you for standing by. My name is Dennis, and I will be your conference operator today. At this time, I would like to welcome everyone to the TETRA Technologies, Inc. Second Quarter 2026 Earnings Results Conference Call. [Operator Instructions] I would now like to turn the conference over to Kurt Hallead, Treasurer and Investor Relations. Please go ahead. Kurt Hallead: Thank you, Dennis, and good morning, everyone, and thank you for joining TETRA's second quarter earnings call. The speakers on today's call will be Brady Murphy, President and CEO; and Matt Sanderson, Chief Financial Officer. Before we begin, I would like to call your attention to the safe harbor statement in our Form 10-Q. Some of the remarks we make today may be forward-looking and are subject to risks and uncertainties as outlined in our SEC filings, and actual results may differ materially from those expressed or implied. In addition, we may refer to adjusted EBITDA, free cash flow and other non-GAAP financial measures. Please refer to our press release for GAAP reconciliations and note that these reconciliations are not a substitute for GAAP financials. As such, we encourage you to refer to our 10-Q. After Brady and Matt provide their comments, we will open the line for Q&A. I will now turn the call over to Brady. Brady Murphy: Thank you, Kurt, and good morning, everyone. I'm really pleased with our second quarter results across many fronts. Financially, we delivered one of the best second quarters and first 6 months of the year in the past decade. We accomplished this through the strength of our deepwater market share in our growing international business despite the impact of the Middle East conflict. I'll come back to the financials shortly. But we also reached some really strategic milestones in the second quarter that are setting us up very well to achieve our 2030 targets that we laid out at our Investor Day in September of last year. For our Deepwater markets, we expanded our patented TETRA completion fluid offering with the introduction of TETRA Neptune Z-Lite, a high-value Deepwater completion fluid that leverages our TETRA Neptune chemistry to achieve higher densities while significantly reducing zinc content. We were especially pleased to be awarded a Beacon Offshore Energy contract to deploy TETRA Neptune Z-Lite in a 3-well 20,000 psi Gulf of America program. During the quarter, our Board of Directors approved the final investment decision for our Arkansas Bromine project. Proceeds of approximately $108 million from our recently completed equity offering will be used in a portion of the anticipated project cost with the balance of such costs to be funded by cash from operations, borrowings from our credit facilities, alternate sources of capital. This project will provide a pathway to meet our growing Deepwater completion fluids market as well as our increasing electrolyte demand while providing significant benefits for security of supply …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Brady Murphy | President, Chief Executive Officer & Director | USD 3,808,575 | Male | 1960 | Active |
Matthew J. Sanderson | Executive VP & CFO | USD 1,430,606 | Male | 1974 | Active |
Timothy C. Moeller | Senior Vice President of Global Supply Chain & Chemicals | USD 1,274,450 | Male | 1964 | Active |
Roy Evan McNiven | Senior Vice President of Energy Services Operations | USD 1,229,713 | Male | 1981 | Active |
Kimberly O'Brien | Corporate Secretary | — | Male | — | Active |
Kurt Kevin Hallead | Treasurer & Vice President of Investor Relations | — | Male | 1967 | Active |
Alicia Boston | Senior Vice President, General Counsel & Chief Compliance Officer | — | Female | 1972 | Active |
Katherine Kokenes | VP & Chief Accounting Officer | — | Female | 1972 | Active |
Tetra Technologies NYSE: TTI reported second-quarter revenue of $185.7 million, up 19% sequentially and 7% from the prior-year period, as strength in international and offshore operations offset delayed Middle East fluid shipments tied to regional conflict.
Although the revenue and EPS for Tetra Technologies (TTI) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
TETRA Technologies, Inc. (TTI) Q2 2026 Earnings Call Transcript
Tetra Technologies (TTI) came out with quarterly earnings of $0.08 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.09 per share a year ago.
Although the revenue and EPS for Tetra Technologies (TTI) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
