Tetra Technologies Inc (TTI)
NYSE:TTI
Want to see TTI full AI Analyst Report?
Earnings Data
Report Date
Aug 03, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.08Last Year’s EPS
0.09Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominately positive operational and strategic outlook: the company reported one of its strongest Q1s in a decade (ex-Neptune), delivered record or ten-year-high performance across several segments (completion fluids, industrial chemicals, production testing, Brazil, Gulf of America), and confirmed on-time/on-budget progress on strategic projects (Arkansas bromine plant, OASIS pilot, magnesium JV). Management maintained 2026 guidance and highlighted attractive long-term demand drivers (battery electrolytes, deepwater growth). Key negatives were near-term cash outflows (adjusted free cash flow use of $32M), ongoing geopolitical uncertainty in the Middle East with potential short-term delays, and that several growth initiatives remain in engineering/pilot stages with FIDs and commercial scale timing yet to be determined. Overall, the positive operational momentum, diversification and project progress materially outweigh the near-term cash and geopolitical headwinds.Company Guidance
Strong Q1 Financial Performance (Ten-Year Highs)
Reported revenue of $156 million and adjusted EBITDA of $26 million for Q1 2026 (ten-year highs when excluding the prior-year Gulf of America Neptune benefit); management cited ten-year highs for Brazil and the Gulf of America as well.
Completion Fluids — Record Quarter and Sequential Growth
Completion Fluids and Products delivered a record-setting Q1 with management citing revenue up ~15% year-over-year and ~13% quarter-over-quarter; segment revenue of $92 million and adjusted EBITDA of $26 million, with a sequential increase of roughly 10-12% vs. Q4 2025 (note: year-over-year comparisons are affected by high-impact Neptune projects in 2025).
Water & Flowback Outperformance vs. Industry
Water and Flowback Services revenue of $65 million (+1% year-over-year, +3% quarter-over-quarter) and adjusted EBITDA of $9 million (+9% year-over-year, +20% quarter-over-quarter) despite U.S. frac fleets down ~24% year-over-year, highlighting technology and geographic diversification benefits.
Industrial Chemicals and Production Testing Strength
Industrial chemicals and production testing subsegments each achieved ten-year high revenues; production testing reached a ten-year high and international production testing represented over 50% of PT revenue as SandStorm automation gains market share across the U.S., Argentina and the Middle East.
OASIS Desalination Pilot Strong Operating Performance
Permian Basin OASIS pilot reached 24/7 steady-state ~60 days ago and has operated at over 96% uptime, with multiple engineering studies and customer commercial engagements underway.
Arkansas Bromine Plant On Time and On Budget
Southwest Arkansas bromine project progressing on schedule and on budget: phase two underway, phase three slated for 2027, first production expected start of 2028; plant designed for up to 75 million pounds annual capacity (more than double existing long-term third-party supply).
Progress on Battery Electrolytes, Magnesium and Lithium Opportunities
Electrolyte revenue grew meaningfully in 2025 amid record battery storage additions (EIA: 15 GW added in 2025 and 24 GW planned in 2026, a ~60% YoY planned increase). Formed JV with Magrathea Metals—pilot converted brine to high-purity magnesium—and are conducting engineering for a demonstration plant; exploring acceleration options for Evergreen 585k metric ton lithium carbonate resource as LCE prices near ~$25,000/ton.
Balance Sheet Metrics & Guidance Maintained
Quarter-end cash of $36 million, total debt $182 million, net leverage ~1.5x. Company maintained 2026 guidance: single-digit revenue growth over 2025, completion fluid margins 25-30%, Water & Flowback margins mid-teens.
TTI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TTI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2026 | $9.70 | $9.52 | -1.86% |
Feb 25, 2026 | $11.14 | $9.06 | -18.67% |
Oct 28, 2025 | $7.78 | $7.21 | -7.33% |
Jul 29, 2025 | $3.82 | $3.91 | +2.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Tetra Technologies Inc (TTI) report earnings?
Tetra Technologies Inc (TTI) is schdueled to report earning on Aug 03, 2026, Before Open (Confirmed).
What is Tetra Technologies Inc (TTI) earnings time?
Tetra Technologies Inc (TTI) earnings time is at Aug 03, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TTI EPS forecast?
TTI EPS forecast for the fiscal quarter 2026 (Q2) is 0.08.