Filing Flows › Tetra Technologies (TTI) › Q2 2026 › vs Q1 2026
Tetra Technologies (TTI) Q2 2026 vs Q1 2026 (quarter over quarter)
Tetra Technologies's revenue rose $29.4M (+19%) from $156M in Q1 2026 to $186M in Q2 2026. The biggest changes: Product sales +$20.3M (+24%); Services +$9.1M (+12%). Gross margin 24.6% against 24.5% (+0.2 pts).
Tetra Technologies, Q2 2026: revenue $186M (+7% year over year), operating margin 10.8%, net earnings $10.2M, operating cash flow $34.4M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 24.6% | 24.5% | +0.2 pts |
| Operating margin | 10.8% | 8.2% | +2.6 pts |
| Net margin | 5.5% | 5.3% | +0.2 pts |
| Free cash flow margin | 6.0% | -19.8% | +25.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Product sales | $104M | $83.3M | $20.3M | +24% |
| Services | $82.0M | $73.0M | $9.1M | +12% |
| Revenue | $186M | $156M | $29.4M | +19% |
| Gross profit | $45.7M | $38.2M | $7.5M | +20% |
| Cost of revenue | $140M | $118M | $21.9M | +19% |
| Operating profit | $20.1M | $12.8M | $7.3M | +57% |
| Operating expenses | $25.6M | $25.4M | $175K | +0.7% |
| Pre-tax earnings | $15.9M | $11.6M | $4.3M | +37% |
| Other expense, net | $4.3M | $1.2M | $3.0M | +249% |
| Net earnings | $10.2M | $8.3M | $1.9M | +23% |
| Income tax | $5.6M | $3.3M | $2.3M | +72% |
| Depreciation & amortization | $9.6M | $9.2M | $424K | +5% |
| Share-based compensation | $1.9M | $1.8M | $146K | +8% |
| Working capital & other | $12.6M | −$31.1M | $43.8M | — |
| Operating cash flow | $34.4M | −$11.9M | $46.2M | — |
| Free cash flow (OCF − capex) | $11.1M | −$30.9M | $41.9M | — |
| Capital expenditures | $23.3M | $19.0M | $4.3M | +23% |
Questions
How much did Tetra Technologies's revenue grow quarter over quarter in Q2 2026?
Tetra Technologies's revenue rose $29.4M (+19%) from $156M in Q1 2026 to $186M in Q2 2026.
What drove Tetra Technologies's revenue change in Q2 2026?
Product sales +$20.3M (+24%); Services +$9.1M (+12%).