TETRA Technologies, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 2, 2026, reporting results for the three and nine months ended on that date.

Key Highlights

  • Total revenues of $167.951 million for the three months ended September 30, 2026, up from $153.239 million in the same period of 2025, according to the filing.
  • Net income attributable to TETRA stockholders of $6.848 million for Q3 2026, compared to $4.151 million in Q3 2025, as reported in the filing.
  • Nine-month revenues of $509.861 million for the period ended September 30, 2026, versus $484.251 million for the same period in 2025.
  • Total assets of $809.296 million as of September 30, 2026, up from $675.761 million at December 31, 2025.
  • Cash and cash equivalents of $84.303 million at September 30, 2026, compared to $72.628 million at December 31, 2025.
  • Public offering raised net proceeds of approximately $108.164 million during the second quarter of 2026, as reflected in the equity statement.
  • 148,429,978 shares of common stock outstanding as of October 30, 2026, per the filing's cover page.

TETRA Technologies Q3 2026 Financial Results: Revenue and Earnings Detail

According to the 10-Q filing, TETRA Technologies (NYSE:TTI) reported total revenues of $167.951 million for the three months ended September 30, 2026, consisting of $86.236 million in product sales and $81.715 million in services. This compares to total revenues of $153.239 million in the prior-year quarter, which included $85.179 million in product sales and $68.060 million in services. The company reported gross profit of $35.097 million for Q3 2026, down from $36.370 million in Q3 2025, as cost of revenues increased to $132.854 million from $116.869 million.

Operating income for the three months ended September 30, 2026 was $9.729 million, compared to $11.130 million in the same period of 2025, the filing disclosed. General and administrative expense was $25.368 million in Q3 2026 versus $25.240 million in Q3 2025. Interest expense, net, declined to $2.361 million from $4.448 million year over year. The filing reported a tax benefit of $419 thousand in Q3 2026, compared to income tax expense of $3.954 million in Q3 2025. Basic and diluted net income per share each stood at $0.05 for Q3 2026, versus $0.03 in Q3 2025.

For the nine months ended September 30, 2026, the filing reported total revenues of $509.861 million and net income attributable to TETRA stockholders of $25.404 million, compared to $484.251 million and $19.505 million, respectively, for the same period in 2025. On the balance sheet, total TETRA stockholders' equity rose to $415.466 million at September 30, 2026, from $283.755 million at December 31, 2025, reflecting the net proceeds from the public offering completed during Q2 2026. Long-term debt, net, was $182.819 million at September 30, 2026, versus $176.607 million at year-end 2025.

What Was Disclosed

TETRA Technologies filed its quarterly report covering the period ended September 30, 2026, disclosing higher revenues and net income relative to the prior-year quarter, a significant increase in total assets, and the completion of a public equity offering during the second quarter of 2026.