Filing Flows › Tetra Technologies (TTI) › Q2 2025
Tetra Technologies (TTI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 29, 2025
Tetra Technologies (TTI) reported revenue of $174M for the second quarter 2025 (Q2 2025), +1% from a year earlier and +11% from the quarter before. Operating margin was 13.2%, net earnings $11.3M (6.5% of revenue).
Tetra Technologies, Q2 2025: revenue $174M (+1% year over year), operating margin 13.2%, net earnings $11.3M, operating cash flow $48.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $174M | +11% | +1% |
| Gross profit | $48.2M | +12% | +12% |
| Operating profit | $23.0M | +22% | -47% |
| Net earnings | $11.3M | +179% | +48% |
| Operating cash flow | $48.3M | 12× | +95% |
| Free cash flow | $28.8M | — | +206% |
What changed
Revenue was $173.9M in Q2 2025, up 1% year over year and up 11% from the previous quarter. Product sales was the largest line at 59% of revenue. Product sales added $6.1M year over year (up 6%), 315% of the total change. Services declined 6%.
Gross margin was 27.7%, up 2.6 points from a year earlier. Operating profit was $23.0M, a 13.2% margin (down 11.9 points year over year). Operating profit fell $20.3M even though revenue rose $1.9M versus a year earlier, so costs grew faster than sales. Net earnings were $11.3M, up 48% year over year. The effective tax rate was 41.8%.
Operating cash flow was $48.3M (up 95% year over year), 428% of net earnings. Non-cash charges added back $9.2M of depreciation and amortization and $1.7M of share-based compensation. Working capital and other items added $26.1M. Capital expenditures of $19.5M left free cash flow of $28.8M.
Questions
What was Tetra Technologies' revenue in the second quarter 2025?
Tetra Technologies (TTI) reported revenue of $174M for the second quarter 2025 (Q2 2025), +1% from a year earlier and +11% from the quarter before.
Was Tetra Technologies profitable in the second quarter 2025?
Operating profit was $23.0M (13.2% of revenue) and net earnings $11.3M.
Source: Tetra Technologies 10-Q on SEC EDGAR.