Tetra Technlgs Financials
This page shows Tetra Technlgs (TTI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Tetra Technlgs has an operating margin of 15.8%, meaning the company retains $16 of operating profit per $100 of revenue. This strong profitability earns a score of 79/100, reflecting efficient cost management and pricing power.
Tetra Technlgs's revenue declined 41.3% year-over-year, from $599.1M to $351.7M. This contraction results in a growth score of 0/100.
Tetra Technlgs carries a low D/E ratio of 0.64, meaning only $0.64 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 87/100, indicating a strong balance sheet with room for future borrowing.
Tetra Technlgs's current ratio of 2.02 indicates adequate short-term liquidity, earning a score of 61/100. The company can meet its near-term obligations, though with limited headroom.
Tetra Technlgs's free cash flow margin of 5.6% results in a low score of 28/100. Capital expenditures of $80.8M absorb a large share of operating cash flow.
Tetra Technlgs generates a 1.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 4/100. This is down from 42.5% the prior year.
Tetra Technlgs scores 2.99, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($1.5B) relative to total liabilities ($392.0M). This signals moderate financial risk that warrants monitoring.
Tetra Technlgs passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Tetra Technlgs generates $33.40 in operating cash flow ($100.4M OCF vs $3.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Tetra Technlgs earns $3.2 in operating income for every $1 of interest expense ($55.4M vs $17.3M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Tetra Technlgs generated $351.7M in revenue in fiscal year 2025. This represents a decrease of 41.3% from the prior year.
Tetra Technlgs's EBITDA was $92.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
Tetra Technlgs generated $19.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 180.9% from the prior year.
Tetra Technlgs reported $3.0M in net income in fiscal year 2025. This represents a decrease of 97.2% from the prior year.
Tetra Technlgs earned $0.02 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 97.6% from the prior year.
Tetra Technlgs held $72.6M in cash against $181.4M in long-term debt as of fiscal year 2025.
Tetra Technlgs had 134M shares outstanding in fiscal year 2025. This represents an increase of 1.8% from the prior year.
Tetra Technlgs's gross margin was 44.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 21.0 percentage points from the prior year.
Tetra Technlgs's operating margin was 15.8% in fiscal year 2025, reflecting core business profitability.
Tetra Technlgs's net profit margin was 0.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 17.2 percentage points from the prior year.
Tetra Technlgs's ROE was 1.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 41.5 percentage points from the prior year.
Tetra Technlgs invested $80.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 33.2% from the prior year.
TTI Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $153.2M-11.9% | $173.9M+10.6% | $157.1M+16.8% | $134.5M-5.1% | $141.7M-17.6% | $171.9M+13.9% | $151.0M-1.4% | $153.1M |
| Cost of Revenue | $107.4M-7.7% | $116.3M+11.3% | $104.6M+11.2% | $94.0M-4.4% | $98.4M-17.9% | $119.9M+7.9% | $111.1M-39.5% | $183.5M |
| Gross Profit | $36.4M-24.6% | $48.2M+12.4% | $42.9M+37.8% | $31.1M-9.4% | $34.4M-20.6% | $43.3M+39.1% | $31.1M+202.3% | -$30.4M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $25.2M-0.1% | $25.3M+4.7% | $24.1M+4.3% | $23.1M+3.2% | $22.4M+1.2% | $22.1M-0.7% | $22.3M-4.4% | $23.3M |
| Operating Income | $11.1M | N/A | N/A | N/A | $12.0M | N/A | N/A | N/A |
| Interest Expense | $4.4M+6.1% | $4.2M-11.2% | $4.7M+111.9% | -$39.7M-879.0% | $5.1M-17.6% | $6.2M+3.9% | $6.0M-4.9% | $6.3M |
| Income Tax | $4.0M-51.4% | $8.1M+684.1% | $1.0M+101.1% | -$94.8M-2099.2% | $4.7M-2.0% | $4.8M+1173.4% | $380K-37.5% | $608K |
| Net Income | $4.2M-63.3% | $11.3M+179.2% | $4.0M-96.1% | $102.7M+3526.4% | -$3.0M-139.2% | $7.6M+735.3% | $915K+123.5% | -$3.9M |
| EPS (Diluted) | $0.03-62.5% | $0.08+166.7% | $0.03-96.1% | $0.77+3950.0% | $-0.02-133.3% | $0.06+500.0% | $0.01+133.3% | $-0.03 |
TTI Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $655.2M+1.5% | $645.6M+5.1% | $614.1M+1.5% | $605.2M+20.8% | $501.2M-17.2% | $605.2M0.0% | $605.2M+26.4% | $479.0M |
| Current Assets | $313.9M+0.7% | $311.6M+7.1% | $291.1M+7.9% | $269.6M-3.2% | $278.5M-3.8% | $289.6M+0.7% | $287.6M+2.0% | $282.0M |
| Cash & Equivalents | $67.1M-2.3% | $68.7M+67.7% | $41.0M+10.8% | $37.0M-23.5% | $48.4M+28.2% | $37.7M+4.9% | $35.9M-31.5% | $52.5M |
| Inventory | $105.9M-2.5% | $108.5M+1.9% | $106.5M+4.7% | $101.7M+4.1% | $97.7M+18.0% | $82.8M-12.2% | $94.3M-2.3% | $96.5M |
| Accounts Receivable | $116.4M+5.5% | $110.3M-8.8% | $120.9M+15.4% | $104.8M-4.8% | $110.0M-21.8% | $140.8M+6.3% | $132.4M+18.5% | $111.8M |
| Goodwill | $369.0M+82.5% | $202.2M-0.3% | $202.9M | $0-100.0% | $25.8M0.0% | $25.8M-0.3% | $25.9M+289.7% | $6.6M |
| Total Liabilities | $358.5M+1.1% | $354.7M+4.0% | $341.1M-2.7% | $350.6M+1.8% | $344.5M-23.5% | $450.4M-1.6% | $457.8M+38.6% | $330.4M |
| Current Liabilities | $133.3M+5.5% | $126.3M+10.5% | $114.4M-7.3% | $123.3M+3.3% | $119.4M-0.8% | $120.3M+2.0% | $117.9M-6.4% | $126.0M |
| Long-Term Debt | $180.9M+0.2% | $180.5M+0.2% | $180.1M+0.2% | $179.7M0.0% | $179.7M0.0% | $179.7M+0.2% | $179.4M+13.9% | $157.5M |
| Total Equity | $296.7M+2.0% | $290.9M+6.5% | $273.0M+7.2% | $254.6M+62.5% | $156.7M+1.2% | $154.8M+5.0% | $147.4M-0.8% | $148.6M |
| Retained Earnings | -$148.9M+2.7% | -$153.1M+6.9% | -$164.4M+2.4% | -$168.4M+37.9% | -$271.1M-1.1% | -$268.2M+2.8% | -$275.8M+0.3% | -$276.7M |
TTI Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $16.4M-66.1% | $48.3M+1128.3% | $3.9M-30.2% | $5.6M-71.6% | $19.9M-20.0% | $24.8M+279.7% | -$13.8M-173.2% | $18.9M |
| Capital Expenditures | $15.7M-19.2% | $19.5M+8.5% | $18.0M+20.6% | $14.9M+2.2% | $14.6M-5.3% | $15.4M-2.7% | $15.8M+100.0% | $7.9M |
| Free Cash Flow | $627K-97.8% | $28.8M+305.7% | -$14.0M-51.5% | -$9.3M-274.7% | $5.3M-43.9% | $9.4M+131.8% | -$29.6M-370.4% | $11.0M |
| Investing Cash Flow | -$15.7M+19.7% | -$19.6M-1558.7% | $1.3M+109.2% | -$14.6M-9.0% | -$13.4M+12.4% | -$15.3M+2.9% | -$15.7M-932.8% | $1.9M |
| Financing Cash Flow | -$2.0M+21.2% | -$2.5M-19.4% | -$2.1M-85.0% | -$1.1M-15.2% | -$980K+58.6% | -$2.4M-117.8% | $13.3M+582.1% | -$2.8M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
TTI Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 23.7%-4.0pp | 27.8%+0.5pp | 27.3%+4.2pp | 23.2%-1.1pp | 24.3%-0.9pp | 25.2%+4.6pp | 20.6%+40.5pp | -19.9% |
| Operating Margin | 7.3% | N/A | N/A | N/A | 8.4% | N/A | N/A | N/A |
| Net Margin | 2.7%-3.8pp | 6.5%+3.9pp | 2.6%-73.8pp | 76.4%+78.5pp | -2.1%-6.6pp | 4.5%+3.8pp | 0.6%+3.1pp | -2.5% |
| Return on Equity | 1.4%-2.5pp | 3.9%+2.4pp | 1.5%-38.9pp | 40.4%+38.2pp | 2.1%-2.8pp | 4.9%+4.3pp | 0.6% | N/A |
| Return on Assets | 0.6%-1.1pp | 1.8%+1.1pp | 0.7%-16.3pp | 17.0%+17.6pp | -0.6%-1.9pp | 1.3%+1.1pp | 0.1%+1.0pp | -0.8% |
| Current Ratio | 2.35-0.1 | 2.47-0.1 | 2.54+0.4 | 2.19-0.1 | 2.33-0.1 | 2.41-0.0 | 2.44+0.2 | 2.24 |
| Debt-to-Equity | 0.61-0.0 | 0.62-0.0 | 0.66-0.0 | 0.71-0.4 | 1.15-0.0 | 1.16-0.1 | 1.22+0.2 | 1.06 |
| FCF Margin | 0.4%-16.2pp | 16.6%+25.5pp | -8.9%-2.0pp | -6.9%-10.6pp | 3.7%-1.7pp | 5.5%+25.1pp | -19.6%-26.8pp | 7.2% |
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Frequently Asked Questions
What is Tetra Technlgs's annual revenue?
Tetra Technlgs (TTI) reported $351.7M in total revenue for fiscal year 2025. This represents a -41.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Tetra Technlgs's revenue growing?
Tetra Technlgs (TTI) revenue declined by 41.3% year-over-year, from $599.1M to $351.7M in fiscal year 2025.
Is Tetra Technlgs profitable?
Yes, Tetra Technlgs (TTI) reported a net income of $3.0M in fiscal year 2025, with a net profit margin of 0.9%.
What is Tetra Technlgs's earnings per share (EPS)?
Tetra Technlgs (TTI) reported diluted earnings per share of $0.02 for fiscal year 2025. This represents a -97.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Tetra Technlgs's EBITDA?
Tetra Technlgs (TTI) had EBITDA of $92.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Tetra Technlgs have?
As of fiscal year 2025, Tetra Technlgs (TTI) had $72.6M in cash and equivalents against $181.4M in long-term debt.
What is Tetra Technlgs's gross margin?
Tetra Technlgs (TTI) had a gross margin of 44.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Tetra Technlgs's operating margin?
Tetra Technlgs (TTI) had an operating margin of 15.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Tetra Technlgs's net profit margin?
Tetra Technlgs (TTI) had a net profit margin of 0.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Tetra Technlgs's return on equity (ROE)?
Tetra Technlgs (TTI) has a return on equity of 1.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Tetra Technlgs's free cash flow?
Tetra Technlgs (TTI) generated $19.5M in free cash flow during fiscal year 2025. This represents a 180.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Tetra Technlgs's operating cash flow?
Tetra Technlgs (TTI) generated $100.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Tetra Technlgs's total assets?
Tetra Technlgs (TTI) had $675.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Tetra Technlgs's capital expenditures?
Tetra Technlgs (TTI) invested $80.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How many shares does Tetra Technlgs have outstanding?
Tetra Technlgs (TTI) had 134M shares outstanding as of fiscal year 2025.
What is Tetra Technlgs's current ratio?
Tetra Technlgs (TTI) had a current ratio of 2.02 as of fiscal year 2025, which is generally considered healthy.
What is Tetra Technlgs's debt-to-equity ratio?
Tetra Technlgs (TTI) had a debt-to-equity ratio of 0.64 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Tetra Technlgs's return on assets (ROA)?
Tetra Technlgs (TTI) had a return on assets of 0.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Tetra Technlgs's Altman Z-Score?
Tetra Technlgs (TTI) has an Altman Z-Score of 2.99, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Tetra Technlgs's Piotroski F-Score?
Tetra Technlgs (TTI) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Tetra Technlgs's earnings high quality?
Tetra Technlgs (TTI) has an earnings quality ratio of 33.40x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Tetra Technlgs cover its interest payments?
Tetra Technlgs (TTI) has an interest coverage ratio of 3.2x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Tetra Technlgs?
Tetra Technlgs (TTI) scores 43 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.