Tetra Technologies Inc (TTI) Financial Statements
Industry: Crude Petroleum & Natural Gas
In fiscal 2025, Tetra Technologies reported revenue of $630.9M, up 5.3% from $599.1M the year before. Net income was $3.0M (a 0.5% net margin), or $0.02 per diluted share. Gross margin was 24.7% and operating margin was 8.8%. Operating activities generated $100.4M of cash, leaving $19.5M of free cash flow. At fiscal year end, Tetra Technologies held $675.8M in total assets against $392.0M in total liabilities, including $72.6M of cash and equivalents.
Open the full interactive Tetra Technologies financials → Quarterly statements, key ratios, valuation history and price charts.
Tetra Technologies Key Stats
| Share Price | $5.66 |
|---|---|
| Market Cap | $795.9M |
| P/E Ratio | 283.0 |
| Revenue YoY Growth | +5.3% |
| 52-Week Range | $5.66 – $12.32 |
| Shares Outstanding | 139.0 million (basic, 2026 Q2) |
Tetra Technologies Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $377.7M | $388.3M | $553.2M | $626.3M | $599.1M | $630.9M |
| Cost of Goods Sold | $310.2M | $329.0M | $432.1M | $472.6M | $423.4M | $433.7M |
| Gross Profit | $67.5M | $59.2M | $121.1M | $153.6M | $139.9M | $155.9M |
| Operating Income | -$9.2M | -$15.8M | $29.2M | $57.1M | $49.9M | $55.4M |
| Pre-Tax Income | -$25.1M | -$14.7M | $11.2M | $31.7M | $28.7M | $26.5M |
| Income Tax | -$1.8M | $2.1M | $3.6M | $6.2M | -$84.9M | $22.3M |
| Net Income | -$51.1M | $103.3M | $7.8M | $25.8M | $108.3M | $3.0M |
| Diluted EPS | -$0.41 | $0.82 | $0.06 | $0.20 | $0.82 | $0.02 |
Tetra Technologies Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $153.2M | $146.7M | $156.3M | $185.7M |
| Net Income | $4.2M | -$16.5M | $8.3M | $10.2M |
| Diluted EPS | $0.03 | -$0.12 | $0.06 | $0.07 |
Tetra Technologies Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $67.3M | $31.6M | $13.6M | $52.5M | $37.0M | $72.6M |
| Current Assets | $931.5M | $210.4M | $238.4M | $282.0M | $269.6M | $316.7M |
| Total Assets | $1.13B | $398.3M | $434.4M | $479.0M | $605.2M | $675.8M |
| Current Liabilities | $798.1M | $97.1M | $124.3M | $126.0M | $123.3M | $156.5M |
| Total Long-Term Debt | $199.9M | $151.9M | $156.5M | $157.5M | $190.0M | $190.0M |
| Total Liabilities | $1.14B | $298.6M | $326.7M | $330.4M | $350.6M | $392.0M |
| Shareholders' Equity | -$9.6M | $99.7M | $107.6M | $148.6M | $254.6M | $283.8M |
Tetra Technologies Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $76.9M | $4.7M | $19.0M | $70.2M | $36.5M | $100.4M |
| Cash From Investing | $6.0M | -$5.2M | -$36.5M | -$27.0M | -$59.1M | -$61.4M |
| Cash From Financing | -$17.6M | -$50.1M | $40,000 | -$4.7M | $8.9M | -$5.4M |
| Free Cash Flow | $47.5M | -$15.9M | -$21.1M | $32.1M | -$24.2M | $19.5M |
Figures from Tetra Technologies' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Tetra Technologies financials page for every line item.
Tetra Technologies Company Profile
| Ticker | TTI |
|---|---|
| Exchange | NYSE |
| Industry | Crude Petroleum & Natural Gas |
| Headquarters | Spring, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0000844965 |
Frequently Asked Questions
What was Tetra Technologies' revenue in fiscal 2025?
Tetra Technologies (TTI) reported revenue of $630.9M for fiscal 2025.
What is Tetra Technologies' annual revenue history?
Tetra Technologies' annual revenue by fiscal year: 2020: $377.7M; 2021: $388.3M; 2022: $553.2M; 2023: $626.3M; 2024: $599.1M; 2025: $630.9M.
What was Tetra Technologies' net income in fiscal 2025?
Tetra Technologies reported net income of $3.0M for fiscal 2025.
What was Tetra Technologies' earnings per share (EPS) in fiscal 2025?
Tetra Technologies' diluted EPS was $0.02 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Tetra Technologies generate in fiscal 2025?
Tetra Technologies generated $19.5M of free cash flow in fiscal 2025.
What was Tetra Technologies' revenue last quarter?
In its most recent reported quarter (2026 Q2), Tetra Technologies reported revenue of $185.7M.
How much debt does Tetra Technologies have?
Tetra Technologies reported $190.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Tetra Technologies are outstanding?
Tetra Technologies reported a weighted average of 139.0 million basic shares outstanding in 2026 Q2.
What is Tetra Technologies' market cap?
Based on its latest closing price, Tetra Technologies (TTI) has a market capitalization of about $795.9M.
When does Tetra Technologies' fiscal year end?
Tetra Technologies' fiscal year end, as registered with the SEC, is December 31.
Where is Tetra Technologies headquartered?
Tetra Technologies lists its business address in Spring, Texas in its SEC filings.