TETRA Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	630.93	599.11	626.26	553.21	388.27
Revenue Growth (YoY)	5.31%	-4.33%	13.20%	42.48%	2.79%
Cost of Revenue	433.72	423.43	438.17	400.63	294.95
Gross Profit	197.21	175.68	188.09	152.58	93.32
Selling, General & Admin	100.56	89.97	96.59	91.94	75.05
Other Operating Expenses	-0.04	0.01	0.07	0.2	-
Operating Expenses	137.62	125.7	143.1	131.6	108.55
Operating Income	59.59	49.98	44.99	20.98	-15.23
Interest Expense	-17.33	-22.47	-22.35	-15.83	-16.56
Interest & Investment Income	-	-	-	-	0.18
Currency Exchange Gain (Loss)	-8.3	-3.8	-3.5	1.1	1.4
Other Non Operating Income (Expenses)	-3.26	10.66	12.61	3.37	0.59
EBT Excluding Unusual Items	30.7	34.38	31.75	9.62	-29.62
Gain (Loss) on Sale of Investments	-	-	-	-	15.48
Asset Writedown	-4.2	-0.1	-2.9	-2.2	-0.58
Other Unusual Items	-	-5.54	-	-	-
Pretax Income	26.5	28.74	31.7	11.17	-14.72
Income Tax Expense	22.3	-84.88	6.22	3.57	2.08
Earnings From Continuing Operations	4.21	113.62	25.48	7.6	-16.81
Earnings From Discontinued Operations	-1.21	-5.34	0.28	0.2	120.41
Net Income to Company	3	108.28	25.76	7.8	103.6
Minority Interest in Earnings	0.01	0	0.03	0.04	-0.27
Net Income	3.01	108.28	25.78	7.84	103.33
Net Income to Common	3.01	108.28	25.78	7.84	103.33
Net Income Growth	-97.22%	319.97%	228.92%	-92.41%	-
Shares Outstanding (Basic)	133	131	130	128	127
Shares Outstanding (Diluted)	135	132	131	130	127
Shares Change (YoY)	2.21%	0.75%	1.13%	2.51%	0.61%
EPS (Basic)	0.02	0.82	0.20	0.06	0.82
EPS (Diluted)	0.02	0.82	0.20	0.06	0.82
EPS Growth	-97.43%	311.87%	225.15%	-92.50%	-
Free Cash Flow	19.54	-24.16	32.05	-21.1	-15.88
Free Cash Flow Per Share	0.14	-0.18	0.24	-0.16	-0.13
Gross Margin	31.26%	29.32%	30.03%	27.58%	24.04%
Operating Margin	9.45%	8.34%	7.18%	3.79%	-3.92%
Profit Margin	0.48%	18.07%	4.12%	1.42%	26.61%
Free Cash Flow Margin	3.10%	-4.03%	5.12%	-3.81%	-4.09%
EBITDA	96.69	85.71	79.32	53.8	18.3
EBITDA Margin	15.32%	14.31%	12.67%	9.73%	4.71%
D&A For EBITDA	37.1	35.72	34.33	32.82	33.53
EBIT	59.59	49.98	44.99	20.98	-15.23
EBIT Margin	9.45%	8.34%	7.18%	3.79%	-3.92%
Effective Tax Rate	84.13%	-	19.62%	31.93%	-
Revenue as Reported	630.93	599.11	626.26	553.21	388.27

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q