TETRA Technologies, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $630.9M | $599.1M | $626.3M | $553.2M | $388.3M | $377.7M | $561.2M | $560.1M |
| Cost of Revenue | $433.7M | $423.4M | $438.2M | $400.2M | — | — | $946.1M | $836.5M |
| Gross Profit | $155.9M | $139.9M | $153.6M | $121.1M | $59.2M | $67.5M | $11.8M | $103.3M |
| Gross Margin | 24.7% | 23.3% | 24.5% | 21.9% | 15.3% | 17.9% | 2.1% | 18.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $100.6M | $90.0M | $96.6M | $91.9M | $75.0M | $76.7M | $96.5M | $92.9M |
| Operating Income | $55.4M | $49.9M | $44.9M | $28.0M | $1.8M | $-5.8M | $-106.3M | $17.1M |
| Operating Margin | 8.8% | 8.3% | 7.2% | 5.1% | 0.5% | -1.5% | -18.9% | 3.1% |
| Interest Expense | — | — | $22.9M | $16.8M | $16.6M | $19.3M | $21.8M | $19.7M |
| Pretax Income | $26.5M | $28.7M | $31.7M | $11.2M | $-14.7M | $-25.1M | $-128.1M | $-2.6M |
| Income Tax Expense | $22.3M | $-84.9M | $6.2M | $3.6M | $2.1M | $1.8M | $2.8M | $-3.7M |
| Net Income | $3.0M | $108.3M | $25.8M | $7.8M | $103.3M | $-51.1M | $-147.4M | $-61.6M |
| Net Margin | 0.5% | 18.1% | 4.1% | 1.4% | 26.6% | -13.5% | -26.3% | -11.0% |
| EPS (Basic) | $0.02 | $0.83 | $0.20 | $0.06 | $0.82 | $-0.41 | $-1.17 | $-0.50 |
| EPS (Diluted) | $0.02 | $0.82 | $0.20 | $0.06 | $0.82 | $-0.41 | $-1.17 | $-0.50 |
| Shares Outstanding (Basic) | 133.2M | 131.3M | 129.6M | 128.1M | 126.6M | 125.8M | 125.6M | 124.1M |
| Shares Outstanding (Diluted) | 135.2M | 132.2M | 131.2M | 129.8M | 126.6M | 125.8M | 125.6M | 124.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |