Filing Flows › Tetra Technologies (TTI) › Q3 2026
Tetra Technologies (TTI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 2, 2026
Tetra Technologies (TTI) reported revenue of $168M for the third quarter 2026 (Q3 2026), +10% from a year earlier and -10% from the quarter before. Operating margin was 5.8%, net earnings $6.8M (4.1% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $168M | -10% | +10% |
| Gross profit | $35.1M | -23% | -4% |
| Operating profit | $9.7M | -52% | -13% |
| Net earnings | $6.8M | -33% | +65% |
| Operating cash flow | $8.8M | -75% | -46% |
What changed
Revenue was $168.0M in Q3 2026, up 10% year over year and down 10% from the previous quarter. Product sales was the largest line at 51% of revenue. Services added $13.7M year over year (up 20%), 93% of the total change.
Gross margin was 20.9%, down 2.8 points from Q3 2025. Operating profit was $9.7M, a 5.8% margin (down 1.5 points year over year). Operating profit fell $1.4M even though revenue rose $14.7M versus Q3 2025, so costs grew faster than sales. Operating expenses grew 1% against revenue growth of 10%. Net earnings were $6.8M, up 65% year over year. The effective tax rate was -6.5%.
Operating cash flow was $8.8M (down 46% year over year), 128% of net earnings. Non-cash charges added back $9.8M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items used $9.8M. Capital expenditures of $35.3M exceeded it, leaving free cash flow of −$26.6M.
Questions
What was Tetra Technologies' revenue in the third quarter 2026?
Tetra Technologies (TTI) reported revenue of $168M for the third quarter 2026 (Q3 2026), +10% from a year earlier and -10% from the quarter before.
Was Tetra Technologies profitable in the third quarter 2026?
Operating profit was $9.7M (5.8% of revenue) and net earnings $6.8M.
Source: Tetra Technologies 10-Q on SEC EDGAR.