Filing Flows › Tetra Technologies (TTI) › Q2 2026
Tetra Technologies (TTI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Tetra Technologies (TTI) reported revenue of $186M for the second quarter 2026 (Q2 2026), +7% from a year earlier and +19% from the quarter before. Operating margin was 10.8%, net earnings $10.2M (5.5% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $186M | +19% | +7% |
| Gross profit | $45.7M | +20% | -5% |
| Operating profit | $20.1M | +57% | -12% |
| Net earnings | $10.2M | +23% | -9% |
| Operating cash flow | $34.4M | — | -29% |
| Free cash flow | $11.1M | — | -62% |
What changed
Revenue was $185.7M in Q2 2026, up 7% year over year and up 19% from the previous quarter. Product sales was the largest line at 56% of revenue. Services added $10.9M year over year (up 15%), 92% of the total change.
Gross margin was 24.6%, down 3.1 points from Q2 2025. Operating profit was $20.1M, a 10.8% margin (down 2.4 points year over year). Operating profit fell $2.9M even though revenue rose $11.8M versus Q2 2025, so costs grew faster than sales. Operating expenses grew 1% against revenue growth of 7%. Net earnings were $10.2M, down 9% year over year. The effective tax rate was 35.4%.
Operating cash flow was $34.4M (down 29% year over year), 336% of net earnings. Non-cash charges added back $9.6M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $12.6M. Capital expenditures of $23.3M left free cash flow of $11.1M.
Questions
What was Tetra Technologies' revenue in the second quarter 2026?
Tetra Technologies (TTI) reported revenue of $186M for the second quarter 2026 (Q2 2026), +7% from a year earlier and +19% from the quarter before.
Was Tetra Technologies profitable in the second quarter 2026?
Operating profit was $20.1M (10.8% of revenue) and net earnings $10.2M.
Source: Tetra Technologies 10-Q on SEC EDGAR.