Filing Flows › Tetra Technologies (TTI) › Q3 2026 › vs Q2 2026
Tetra Technologies (TTI) Q3 2026 vs Q2 2026 (quarter over quarter)
Tetra Technologies's revenue fell $17.7M (-10%) from $186M in Q2 2026 to $168M in Q3 2026. The biggest changes: Product sales −$17.4M (-17%); Services −$335K (-0.4%). Gross margin 20.9% against 24.6% (-3.7 pts).
Tetra Technologies, Q3 2026: revenue $168M (+10% year over year), operating margin 5.8%, net earnings $6.8M, operating cash flow $8.8M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 20.9% | 24.6% | -3.7 pts |
| Operating margin | 5.8% | 10.8% | -5.0 pts |
| Net margin | 4.1% | 5.5% | -1.4 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Product sales | $86.2M | $104M | −$17.4M | -17% |
| Services | $81.7M | $82.0M | −$335K | -0.4% |
| Revenue | $168M | $186M | −$17.7M | -10% |
| Gross profit | $35.1M | $45.7M | −$10.6M | -23% |
| Cost of revenue | $133M | $140M | −$7.1M | -5% |
| Operating profit | $9.7M | $20.1M | −$10.4M | -52% |
| Operating expenses | $25.4M | $25.6M | −$216K | -0.8% |
| Pre-tax earnings | $6.4M | $15.9M | −$9.4M | -59% |
| Other expense, net | $3.3M | $4.3M | −$976K | -23% |
| Income tax benefit | $419K | −$5.6M | $6.0M | — |
| Net earnings | $6.8M | $10.2M | −$3.4M | -33% |
| Operating cash sources | $18.6M | $21.8M | −$3.2M | -15% |
| Depreciation & amortization | $9.8M | $9.6M | $215K | +2% |
| Share-based compensation | $1.9M | $1.9M | $4K | +0.2% |
| Working capital & other | $9.8M | −$12.6M | $22.5M | — |
| Operating cash flow | $8.8M | $34.4M | −$25.6M | -75% |
| Capital expenditures | $35.3M | $23.3M | $12.0M | +51% |
| Negative free cash flow (OCF − capex) | $26.6M | −$11.1M | $37.6M | — |
Questions
How much did Tetra Technologies's revenue grow quarter over quarter in Q3 2026?
Tetra Technologies's revenue fell $17.7M (-10%) from $186M in Q2 2026 to $168M in Q3 2026.
What drove Tetra Technologies's revenue change in Q3 2026?
Product sales −$17.4M (-17%); Services −$335K (-0.4%).