TETRA Technologies, Inc. (TTI) Income Statement
TTI 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsTTI revenue and net income
Where TTI's revenue goes
2025Each bar shows an amount and its share of revenue. TTI kept 0.5% of revenue as net income.
TTI profit margins
TTI growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.3% | +4.5% | +10.8% | −5.7% |
| Gross profit | +14.4% | +12.1% | +18.7% | −3.7% |
| Operating income | +19.1% | +37.7% | — | −2.4% |
| Net income | −97.2% | −27.4% | — | — |
| EPS (diluted) | +44.4% | +20.1% | — | −1.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
TTI quarterly EPS vs estimates
TETRA Technologies beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 2, 2026 (estimate $0.05).
TTI income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $630.9M | $599.1M | $626.3M | $553.2M | $388.3M | $377.7M | $561.2M | $998.8M | $723.1M | $694.8M |
| Cost of revenue | $470.8M | $459.1M | $484.6M | $439.7M | $328.5M | $309.7M | $458.6M | $832.9M | $602.2M | $625.2M |
| Gross profit | $160.1M | $140.0M | $141.6M | $113.5M | $59.8M | $68.0M | $102.6M | $165.9M | $120.9M | $69.6M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $100.6M | $90.0M | $97.1M | $91.9M | $75.0M | $76.7M | $96.5M | $132.4M | $115.4M | $116.0M |
| Total operating expenses | $100.6M | $90.0M | $96.1M | $90.7M | $73.0M | $76.7M | $96.5M | $132.0M | $115.4M | $116.0M |
| Operating income | $59.6M | $50.0M | $45.6M | $22.8M | −$13.2M | −$8.7M | $6.2M | $33.9M | $5.5M | −$46.4M |
| Interest income | $9.0M | $18.7M | $22.3M | $15.8M | $16.4M | $18.7M | $70.6M | $58.7M | $47.7M | $67.1M |
| Interest expense | $17.3M | $22.5M | $22.3M | $15.8M | $16.4M | $18.9M | $21.3M | $72.1M | $58.0M | $60.0M |
| Income before taxes | $26.5M | $28.7M | $31.7M | $11.2M | −$14.7M | −$25.1M | −$128.1M | −$36.4M | −$44.0M | −$237.1M |
| Income taxes | $22.3M | −$84.9M | $6.2M | $3.6M | $2.1M | $1.8M | $2.8M | $6.3M | $751,000 | $2.3M |
| Net income | $3.0M | $108.3M | $25.8M | $7.8M | −$16.8M | −$51.1M | −$139.9M | −$27.5M | −$39.0M | −$161.5M |
| EBITDA | $80.9M | $86.9M | $88.4M | $59.8M | $35.2M | $32.1M | −$59.3M | $150.6M | $118.0M | −$47.5M |
| EPS (diluted) | $0.26 | $0.18 | $0.26 | $0.15 | −$0.06 | −$0.19 | −$0.05 | −$0.06 | −$0.14 | −$0.60 |
| Gross margin | 25.4% | 23.4% | 22.6% | 20.5% | 15.4% | 18.0% | 18.3% | 16.6% | 16.7% | 10.0% |
| Operating margin | 9.4% | 8.3% | 7.3% | 4.1% | −3.4% | −2.3% | 1.1% | 3.4% | 0.8% | −6.7% |
| Net margin | 0.5% | 18.1% | 4.1% | 1.4% | −4.3% | −13.5% | −24.9% | −2.8% | −5.4% | −23.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $185.7M | $156.3M | $146.7M | $153.2M | $173.9M | $157.1M | $134.5M | $141.7M | $171.9M | $151.0M | $153.1M | $151.5M |
| Cost of revenue | $139.9M | $118.0M | $114.7M | $116.9M | $125.6M | $114.2M | $103.4M | $107.2M | $128.7M | $119.9M | $126.0M | $117.3M |
| Gross profit | $45.7M | $38.2M | $32.0M | $36.4M | $48.2M | $42.9M | $31.1M | $34.5M | $43.3M | $31.1M | $27.1M | $34.1M |
| Sales, general & admin | $25.6M | $25.4M | $25.9M | $25.2M | $25.3M | $24.1M | $23.1M | $22.4M | $22.2M | $22.4M | $23.3M | $23.8M |
| Total operating expenses | $25.6M | $25.4M | $25.9M | $25.2M | $25.3M | $24.1M | $23.1M | $22.4M | $22.1M | $22.2M | $23.1M | $23.8M |
| Operating income | $20.1M | $12.8M | $6.1M | $11.1M | $23.0M | $18.8M | $8.0M | $12.1M | $21.1M | $8.9M | $4.1M | $10.3M |
| Interest income | — | — | $12.4M | $4.5M | $3.4M | $4.1M | $5.2M | $5.1M | — | — | — | $5.6M |
| Interest expense | $3.3M | $3.2M | $4.0M | $4.4M | $4.2M | $4.7M | $5.2M | $5.1M | $6.2M | $6.0M | $5.7M | $5.6M |
| Income before taxes | $15.9M | $11.6M | −$6.1M | $8.1M | $19.4M | $5.1M | $7.4M | $7.6M | $12.5M | $1.3M | −$3.6M | $6.7M |
| Income taxes | $5.6M | $3.3M | $9.2M | $4.0M | $8.1M | $1.0M | −$94.8M | $4.7M | $4.8M | $380,000 | $608,000 | $1.2M |
| Net income | $10.2M | $8.3M | −$16.5M | $4.2M | $11.3M | $4.0M | $102.7M | −$3.0M | $7.6M | $915,000 | −$3.9M | $5.4M |
| EBITDA | $28.7M | $24.0M | $7.1M | $22.0M | $32.8M | $19.0M | $22.0M | $21.5M | $27.4M | $16.0M | $10.7M | $20.9M |
| EPS (diluted) | $0.08 | $0.06 | $0.02 | $0.04 | $0.09 | $0.11 | $0.03 | $0.03 | $0.07 | $0.05 | $0.03 | $0.07 |
| Gross margin | 24.6% | 24.5% | 21.8% | 23.7% | 27.7% | 27.3% | 23.1% | 24.3% | 25.2% | 20.6% | 17.7% | 22.5% |
| Operating margin | 10.8% | 8.2% | 4.1% | 7.3% | 13.2% | 11.9% | 6.0% | 8.5% | 12.3% | 5.9% | 2.7% | 6.8% |
| Net margin | 5.5% | 5.3% | −11.2% | 2.7% | 6.5% | 2.6% | 76.4% | −2.1% | 4.4% | 0.6% | −2.5% | 3.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in TTI's financial statements (latest annual report filed February 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TTI financial results
In fiscal year 2025 (ended December 31, 2025), TETRA Technologies reported revenue of $630.9 million, up 5.3% from the year before. It had net income of $3.0 million (down 97.2%), a net profit margin of 0.5%. Diluted earnings per share came to $0.26. Over five years revenue grew at an average rate of 10.8% a year.
See the TTI stock overview for the latest quote and news, or the TTI chart for price history and technical indicators.
TTI income statement FAQ
What is TETRA Technologies's annual revenue?
TETRA Technologies reported total revenue of $630.9 million for fiscal year 2025, which ended on December 31, 2025. That was up 5.3% from $599.1 million the previous year.
Is TETRA Technologies profitable?
Yes. TETRA Technologies reported net income of $3.0 million in fiscal 2025, a net profit margin of 0.5%; its operating margin was 9.4%.
What is TETRA Technologies's gross margin?
TETRA Technologies's gross margin was 25.4% in fiscal 2025: for every $100 of revenue, TETRA Technologies kept $25 after the direct cost of its products and services.
How fast is TETRA Technologies growing?
Revenue grew 10.8% a year on average over the last five fiscal years, from $377.7 million to $630.9 million.
What are TETRA Technologies's earnings per share?
TETRA Technologies earned $0.26 per diluted share in fiscal 2025, compared with $0.18 a year earlier.
When will TETRA Technologies report its next earnings?
TETRA Technologies is expected to report results for the quarter ending September 30, 2026 on November 2, 2026 after the market closes.
When does TETRA Technologies's fiscal year end?
TETRA Technologies's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 25, 2026.