---
schema_version: "secwatch.filing_event.v1"
accession: "0000844965-23-000036"
form_type: "8-K"
ticker: "TTI"
cik: "0000844965"
company_name: "TETRA TECHNOLOGIES INC"
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T22:37:53.492352+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TETRA Q2 2023 revenue $175.5M (record high), GAAP EPS $0.14, Adjusted EBITDA $36M

## Summary
- Revenue of $175.5M, up 25% YoY and 20% sequentially; highest quarterly revenue excluding discontinued ops.
- GAAP net income $18.2M (EPS $0.14), up 9x from $1.7M ($0.01) a year ago; adjusted EBITDA $36M, +93% YoY.
- Completion Fluids & Products revenue $98M (+31% YoY, +42% seq); Water & Flowback Services revenue $77M (+17% YoY).
- Operating cash flow $28.4M; adjusted free cash flow $17.7M.
- Signed MOU with Saltwerx for expanded 6,138-acre Smackover brine unit; second test well drilled; FEED study for lithium plant underway.

## SEC filing metadata
- accession: 0000844965-23-000036
- form_type: 8-K
- ticker: TTI
- cik: 0000844965
- company_name: TETRA TECHNOLOGIES INC
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/844965/000084496523000036/0000844965-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/844965/000084496523000036/tti-20230731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000844965-23-000036
- JSON: https://secwatch.observer/filing/0000844965-23-000036.json
- Plain text: https://secwatch.observer/filing/0000844965-23-000036.txt

## Key facts
- Earnings Releases
  TETRA TECHNOLOGIES INC reported second quarter 2023 results: revenue $175.5 million, net income $18.2 million, EPS $0.14.
  - Period: second quarter 2023
  - Revenue: $175.5 million
  - Net income: $18.2 million
  - EPS: $0.14
  - Result: reported results
  source text: TETRA TECHNOLOGIES, INC. ANNOUNCES STRONG SECOND QUARTER 2023 RESULTS WITH REVENUE OF $175.5 MILLION, GAAP EPS OF $0.14, GAAP NET INCOME OF $18.2 MILLION AND ADJUSTED EBITDA OF $36 MILLION
  evidence_url: https://www.sec.gov/Archives/edgar/data/844965/000084496523000036/0000844965-23-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.