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How Tetra Technologies (TTI) makes money

Tetra Technologies (TTI) made $168M of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Product sales brought in $86.2M (51%); Services brought in $81.7M (49%). Of every dollar of revenue, 21¢ was left as gross profit, 6¢ was left as operating profit, 4¢ was left as net earnings.

Drawing the Sankey…

Tetra Technologies revenue by segment, Q3 2026Tetra Technologies revenue by segment, Q3 2026Product sales$86.2MServices$81.7M
Tetra Technologies: revenue by line, Q1 2026 to Q3 2026Tetra Technologies: revenue by line, Q1 2026 to Q3 2026Product salesServicesProduct sales: $86.2M latest$86.2MServices: $81.7M latest$81.7MQ1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2026 and Q3 2026.
Tetra Technologies revenue by quarterTetra Technologies revenue by quarter$157MQ1 2025$174MQ2 2025$153MQ3 2025$147MQ4 2025$156MQ1 2026$186MQ2 2026$168MQ3 2026
Tetra Technologies: where each dollar of revenue goesTetra Technologies: where each dollar of revenue goesCost of revenue79¢Gross profit21¢Operating expenses15¢Operating profit6¢Net earnings4¢Operating cash flow5¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Product sales$86.2M51.3%-17%+1%
Services$81.7M48.7%-0.4%+20%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$168M100.0%
Cost of revenue$133M79.1%
Gross profit$35.1M20.9%
Operating expenses$25.4M15.1%
Operating profit$9.7M5.8%
Net earnings$6.8M4.1%
Operating cash flow$8.8M5.2%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$168M+10%
Q2 2026$186M+7%
Q1 2026$156M-0.6%
Q4 2025$147M+9%
Q3 2025$153M+8%
Q2 2025$174M+1%
Q1 2025$157M+4%

From Tetra Technologies' 10-Q filed Nov 2, 2026 (on EDGAR).

Questions

How does Tetra Technologies make money?

Tetra Technologies (TTI) made $168M of revenue in the third quarter 2026 (Q3 2026), +10% from a year earlier. Product sales brought in $86.2M (51%); Services brought in $81.7M (49%). Of every dollar of revenue, 21¢ was left as gross profit, 6¢ was left as operating profit, 4¢ was left as net earnings.

What is Tetra Technologies' biggest business?

Product sales: $86.2M in the third quarter 2026, 51% of revenue, +1% from a year earlier.

What is Tetra Technologies' profit margin?

Net earnings were $6.8M, 4.1% of revenue, in the third quarter 2026; the operating margin was 5.8%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.