Filing Flows › Tetra Technologies (TTI) › Q1 2026
Tetra Technologies (TTI) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 29, 2026
Tetra Technologies (TTI) reported revenue of $156M for the first quarter 2026 (Q1 2026), -0.6% from a year earlier and +7% from the quarter before. Operating margin was 8.2%, net earnings $8.3M (5.3% of revenue).
Tetra Technologies, Q1 2026: revenue $156M (-0.6% year over year), operating margin 8.2%, net earnings $8.3M, operating cash flow −$11.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $156M | +7% | -0.6% |
| Gross profit | $38.2M | +34% | -11% |
| Operating profit | $12.8M | +412% | -32% |
| Net earnings | $8.3M | — | +105% |
| Operating cash flow | −$11.9M | -137% | -401% |
What changed
Revenue was $156.3M in Q1 2026, down 1% year over year and up 7% from the previous quarter. Product sales was the largest line at 53% of revenue. Product sales lost $4.9M year over year (down 6%), 549% of the total change.
Gross margin was 24.5%, down 2.8 points from Q1 2025. Operating profit was $12.8M, a 8.2% margin (down 3.7 points year over year). Operating expenses grew 5% against a revenue fall of 1%. Net earnings were $8.3M, up 105% year over year. The effective tax rate was 28.2%.
Operating cash flow was −$11.9M. Non-cash charges added back $9.2M of depreciation and amortization and $1.8M of share-based compensation. Working capital and other items used $31.1M. Capital expenditures of $19.0M exceeded it, leaving free cash flow of −$30.9M.
Questions
What was Tetra Technologies' revenue in the first quarter 2026?
Tetra Technologies (TTI) reported revenue of $156M for the first quarter 2026 (Q1 2026), -0.6% from a year earlier and +7% from the quarter before.
Was Tetra Technologies profitable in the first quarter 2026?
Operating profit was $12.8M (8.2% of revenue) and net earnings $8.3M.
Source: Tetra Technologies 10-Q on SEC EDGAR.