Earnings Releases·Nov 2, 2026, 5:09 PM ET

TETRA Technologies, Inc. — Third Quarter 2026 Earnings Summary

Consolidated revenue reached $168.0 million, a 10% year-over-year increase, while Adjusted EBITDA rose to $25.1 million, marking the second-highest third-quarter result in a decade; net income was $6.8 million, inclusive of $3.9 million in unusual charges.
The company provided positive guidance, expecting fourth-quarter revenue and Adjusted EBITDA to grow double digits year-on-year, with full-year 2027 revenue and Adjusted EBITDA projected to exceed 2026 levels.
Strategic progress includes the Arkansas bromine plant remaining on schedule for mechanical completion within 12 months and a $108.2 million public offering that strengthened the balance sheet to $84.3 million in cash and cash equivalents.
Management amended the $190 million Term Credit Agreement to extend maturity to December 31, 2030, reduce the interest rate margin by 75 basis points, and defer $19 million in principal amortization payments.
Future growth is supported by robust deepwater and international activity outlooks, with the TETRA Oasis solution pipeline expanding to seven projects, including four tied to data center power requirements.