Tetra Q2 FY26 revenue rises 7% to $185.7 million; net income from continuing operations falls 10% to $10.2 million
Reuters2026/08/03 21:58- Tetra Technologies posted Q2 2026 revenue of USD 185.7 million, up 19% sequentially and 7% year over year.
- Net income attributable to stockholders was USD 10.2 million; EPS from continuing operations was USD 0.07.
- Adjusted EBITDA (non-GAAP) was USD 31.9 million, up 24% sequentially.
- Issued about 12.4 million shares at USD 9.25, raising USD 108.2 million net; cash was USD 154.6 million with USD 183.3 million debt.
- Launched Neptune Z-Lite, won a three-well 20,000 psi Gulf of America contract; board made final investment decision on the Arkansas Bromine Project.
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