Filing Flows › Tetra Technologies (TTI) › Q2 2026 › vs Q2 2025
Tetra Technologies (TTI) Q2 2026 vs Q2 2025 (year over year)
Tetra Technologies's revenue rose $11.8M (+7%) from $174M in Q2 2025 to $186M in Q2 2026. The biggest changes: Services +$10.9M (+15%); Product sales +$890K (+0.9%). Gross margin 24.6% against 27.7% (-3.1 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 24.6% | 27.7% | -3.1 pts |
| Operating margin | 10.8% | 13.2% | -2.4 pts |
| Net margin | 5.5% | 6.5% | -1.0 pts |
| Free cash flow margin | 6.0% | 16.6% | -10.6 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Product sales | $104M | $103M | $890K | +0.9% |
| Services | $82.0M | $71.2M | $10.9M | +15% |
| Revenue | $186M | $174M | $11.8M | +7% |
| Gross profit | $45.7M | $48.2M | −$2.5M | -5% |
| Cost of revenue | $140M | $126M | $14.3M | +11% |
| Operating profit | $20.1M | $23.0M | −$2.9M | -12% |
| Operating expenses | $25.6M | $25.3M | $325K | +1% |
| Pre-tax earnings | $15.9M | $19.4M | −$3.6M | -18% |
| Other expense, net | $4.3M | $3.5M | $727K | +20% |
| Net earnings | $10.2M | $11.3M | −$1.1M | -9% |
| Income tax | $5.6M | $8.1M | −$2.5M | -31% |
| Depreciation & amortization | $9.6M | $9.2M | $411K | +4% |
| Share-based compensation | $1.9M | $1.7M | $177K | +10% |
| Working capital & other | $12.6M | $26.1M | −$13.5M | -52% |
| Operating cash flow | $34.4M | $48.3M | −$13.9M | -29% |
| Free cash flow (OCF − capex) | $11.1M | $28.8M | −$17.8M | -62% |
| Capital expenditures | $23.3M | $19.5M | $3.8M | +20% |
Questions
How much did Tetra Technologies's revenue grow year over year in Q2 2026?
Tetra Technologies's revenue rose $11.8M (+7%) from $174M in Q2 2025 to $186M in Q2 2026.
What drove Tetra Technologies's revenue change in Q2 2026?
Services +$10.9M (+15%); Product sales +$890K (+0.9%).