TETRA TECHNOLOGIES INC reported the first quarter of 2026 results: revenue $156.3 million, net income Income from continuing operations of $8.3 million, EPS Income per share from continuing operations of $0.06. Guidance reaffirmed.
“Inc. (“TETRA” or the “Company”) (NYSE:TTI) announced financial results for the three months ended March 31, 2026. First-Quarter 2026 Financial Highlights • Revenues of $156.3 million • Income from continuing operations of $8.3 million, inclusive of $0.5 million of unusual charges • Adjusted EBITDA of $25.6 million • Income per share from continuing operations”
Mark E. Baldwin departed as Director at TETRA TECHNOLOGIES INC.
“On March 24, 2025, Mark E. Baldwin informed the Board of Directors (the "Board") of TETRA Technologies, Inc. (the "Company") of his decision to retire from the Board at the end of his current term and not stand for re-election as a director at the Company's 2025 annual meeting of stockholders (the "2025 Annual Meeting").”
Elijio V. Serrano was appointed as Senior Vice President, Chief Financial Officer, and Principal Financial Officer (also serving as Principal Accounting Officer) at TETRA TECHNOLOGIES INC.
“Commencing September 19, 2024 Elijio V. Serrano, the Company’s Senior Vice President, Chief Financial Officer, and Principal Financial Officer will also serve as the Company’s Principal Accounting Officer in addition to his current responsibilities.”
Richard D. O'Brien resigned as Vice President-Finance, Global Controller, Assistant Treasurer, and Principal Accounting Officer at TETRA TECHNOLOGIES INC.
“On September 4, 2024, Richard D. O’Brien, Vice President-Finance, Global Controller, Assistant Treasurer, and Principal Accounting Officer of TETRA Technologies, Inc. (the “Company”), tendered his resignation, effective September 19, 2024, in order to pursue another career opportunity.”
Material Agreements
TETRA TECHNOLOGIES INC amended ABL Credit Agreement Amendment with Bank of America, N.A., as successor administrative agent, and each of the lenders and issuing banks party thereto valued at $80,000,000 to $100,000,000 (effective 2024-05-13).
“On May 13, 2024, TETRA Technologies, Inc., a Delaware corporation (“TETRA”), and certain of its subsidiaries entered into (i) an Agency Resignation, Appointment and Acceptance Agreement (the “Agency Resignation Agreement”) with JPMorgan Chase Bank, N.A., as resigning administrative agent (“JPM”), Bank of America, N.A., as successor administrative agent (“BofA”) and the lenders party thereto and (ii) an amendment (the “ABL Credit Agreement Amendment”) to the Credit Agreement dated as of September 10, 2018 (as previously amended, the “ABL Credit Agreement”), with BofA, as successor administrative agent, and each of the lenders and issuing banks party thereto.”
Earnings Releases
TETRA TECHNOLOGIES INC reported first quarter 2024 results: revenue $151 million, net income $915,000.
“ANNOUNCES FIRST QUARTER 2024 FINANCIAL RESULTS • First quarter revenue of $151 million increased 3% year-over-year. • First quarter net income was $915,000 and net income per share attributable to TETRA stockholders was $0.01.”
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