TETRA Technologies financials
$5.81−1.69%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $630.9M | $599.1M | $626.3M | $553.2M | $388.3M | $377.7M | $561.2M | $560.1M | $723.1M | $617.4M |
| Gross profit | $197.2M | $175.7M | $188.1M | $120.2M | $93.3M | $67.5M | $11.8M | $103.3M | $106.0M | $60.8M |
| Gross margin | 31.3% | 29.3% | 30.0% | 21.7% | 24.0% | 17.9% | 2.1% | 18.4% | 14.7% | 9.9% |
| Operating income | $55.4M | $49.9M | $44.9M | $22.5M | -$15.8M | -$9.2M | -$110.4M | $10.4M | $5.8M | -$153.8M |
| Net income | $3.0M | $108.3M | $25.8M | $7.8M | $103.3M | -$51.1M | -$147.4M | -$61.6M | -$39.0M | -$161.5M |
| Net margin | 0.5% | 18.1% | 4.1% | 1.4% | 26.6% | −13.5% | −26.3% | −11.0% | −5.4% | −26.2% |
| Diluted EPS | $0.02 | $0.82 | $0.20 | $0.06 | $0.82 | $-0.41 | $-1.17 | $-0.50 | $-0.34 | $-1.85 |
| EBITDA | $96.7M | $85.7M | $82.2M | $54.4M | $18.3M | $109.6M | $39.6M | $127.4M | $106.8M | $82.0M |
| Operating cash flow | $100.4M | $36.5M | $70.2M | $19.0M | $4.7M | $76.9M | $90.2M | $46.6M | $64.6M | $55.7M |
| Free cash flow | $19.5M | -$24.2M | $32.1M | -$21.1M | -$15.9M | $47.5M | -$18.0M | -$95.3M | $12.7M | $34.6M |
| Diluted shares | 135.2M | 132.2M | 131.2M | 129.8M | 126.6M | 125.8M | 125.6M | 124.1M | 114.5M | 87.3M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $72.6M | $37.0M | $52.5M | $13.6M | $31.6M | $67.3M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $181.4M | $179.7M | $157.5M | $156.5M | $151.9M | $199.9M |
| Total assets | $675.8M | $605.2M | $479.0M | $434.4M | $398.3M | $1.13B |
| Total liabilities | $393.3M | $351.9M | $331.6M | $328.0M | $299.7M | $1.06B |
| Shareholders' equity | $282.5M | $253.3M | $147.3M | $106.4M | $98.6M | $71.1M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology