Tetra Technologies Q3 revenue beats estimates on international expansion, strong industrial chemical sales
TTI•Tetra Technologies reported Q3 revenue of $167.95 million, up 10% year over year and above the $156.86 million analyst estimate; adjusted EPS of $0.06 beat the $0.04 estimate. The company expects Q4 2026 revenue and adjusted EBITDA to rise by double digits year over year.
1. Quarterly results
Tetra Technologies reported Q3 revenue of $167.95 million, up 10% year over year and above the $156.86 million consensus estimate. Adjusted EPS was $0.06, compared with the $0.04 estimate, and adjusted EBITDA was $25.12 million.
2. Growth drivers
International revenue reached $68.8 million, or 41% of consolidated revenue, the strongest third quarter in 10 years. Industrial Chemicals revenue rose 32% year over year to its highest third-quarter level in a decade, while Water & Flowback revenue grew 21%, supported by production testing and gains for its automated TETRA SandStorm technology.
3. Company outlook
Tetra expects Q4 2026 revenue and adjusted EBITDA to increase by double digits year over year, and expects both measures to rise in 2027 compared with 2026. It sees robust deepwater and international activity and continued growth in production testing.
