Every 8-K that TETRA Technologies, Inc. (TTI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow TTI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TTI filings page.
TETRA Technologies, Inc. reported strong second‑quarter 2026 results, with revenue of $185.7 million, up 19% sequentially and 7% year over year. Income from continuing operations was $10.2 million and Adjusted EBITDA was $31.9 million, a 24% sequential increase and 17.2% of revenue.
Completion Fluids & Products generated $113.1 million of revenue and 26.4% Adjusted EBITDA margins, while Water & Flowback Services delivered $72.5 million of revenue and 14.8% margins. Net cash from operating activities was $34.4 million and total Adjusted free cash flow was $9.9 million.
The company issued approximately 12.4 million shares at $9.25, raising $108.2 million of net equity proceeds. Cash reached $154.6 million, net debt was $28.7 million and the net leverage ratio was 0.4 times. The board approved final investment for the Arkansas Bromine Project, expected to be operational by late 2027 with first production in early 2028, and TETRA launched its Neptune Z‑Lite completion fluid and advanced its Oasis desalination platform.
TETRA Technologies, Inc., through its wholly owned subsidiary TETRA Bromine Project LLC, entered into a Master Services Agreement with Diversified Construction & Design for construction and commissioning work on Phases 2 and 3 of its Evergreen bromine production project in Arkansas.
The company previously estimated remaining Evergreen Project capital expenditures at about $220 million as of March 31, 2026, with approximately $95 million expected for construction services under this agreement. The contract includes performance warranties lasting 18 months after final acceptance (no later than December 31, 2029), liquidated damages for delays capped at $2.0 million, and owner-provided builder’s risk and owner-controlled insurance. TETRA may terminate the agreement or individual work orders without cause on 30 days’ notice, owing specified demobilization and subcontractor costs plus 5% of the unpaid contract price.
TETRA Technologies, Inc. is conducting an underwritten public offering of 10,810,811 shares of common stock at $9.25 per share under an effective shelf registration statement. The company expects net proceeds of approximately $94.0 million to support general corporate purposes, including construction of its Arkansas bromine project.
The underwriters received a 30-day option to purchase up to 1,621,621 additional shares, which was exercised in full and is expected to add approximately $15.0 million in gross proceeds. TETRA agreed to a 60-day lock-up on additional share sales, and the offering is expected to close on June 4, 2026, subject to customary conditions.
TETRA Technologies, Inc. plans an underwritten public offering of $100 million of common stock under its effective shelf registration, with a 30-day option for underwriters to buy up to an additional $15 million to cover over-allotments. The company intends to use a portion of the proceeds for general corporate purposes, including construction of its Arkansas bromine project.
Since the project began in 2022 through March 31, 2026, TETRA has invested about $49 million and estimates roughly $220 million of remaining capital expenditures over the next two years, to be funded from offering proceeds, operations, its credit facility and other financing. The bromine plant is expected to reach mechanical completion for Phase 2 by the end of 2026, Phase 3 by the end of 2027, and begin operations in early 2028 with capacity to process up to 75 million pounds of elemental bromine per year.
The company also finalized a joint venture with Magrathea Metals to pursue domestic magnesium production and added risk factors highlighting execution and funding risks for the Arkansas Bromine Project and potential nonrenewal or repricing of significant customer contracts.
TETRA Technologies, Inc. reported the results of its Annual Meeting of stockholders held on May 22, 2026. Stockholders elected eight directors, with votes for each nominee ranging from 99,865,325 to 101,608,971, and broker non-votes of 14,168,346 for each director.
Stockholders approved, on a non-binding basis, the compensation of the named executive officers, with 100,758,443 votes for, 1,053,739 against and 81,971 abstentions, plus 14,168,346 broker non-votes. They also ratified Grant Thornton LLP as independent registered public accounting firm for the year ending December 31, 2026, with 115,797,558 votes for.
In addition, stockholders approved Amendment No. 1 to the Company’s Tax Benefits Preservation Plan, with 94,361,437 votes for and 7,490,191 against. Following the meeting, John F. Glick was reappointed as Chair of the Board and the Audit, Human Capital Management and Compensation, and Nominating, Governance and Sustainability committees were reconstituted.
TETRA Technologies, Inc. reported stronger first‑quarter 2026 results, returning to profitability and keeping its full‑year outlook intact. For the three months ended March 31, 2026, revenue was $156.3 million, with income from continuing operations of $8.3 million, or $0.06 per share. Adjusted EBITDA was $25.6 million, a solid margin of 16.4% of revenue, helped by high‑margin deepwater completion fluids and industrial chemicals. Completion Fluids & Products generated $91.7 million of revenue and 28.0% Adjusted EBITDA margin, while Water & Flowback Services delivered $64.5 million of revenue and 14.1% Adjusted EBITDA margin.
Cash and cash equivalents were $35.5 million and total debt $181.8 million, for net debt of $146.3 million and a low net leverage ratio of 1.5x trailing Adjusted EBITDA. Operating cash flow used $11.9 million and total Adjusted free cash flow was a use of $31.9 million, largely reflecting $19.0 million of capital expenditures, including spending on the Arkansas bromine and lithium project. Management maintained 2026 guidance, expecting modest revenue growth, Completion Fluids & Products Adjusted EBITDA margins of 25–30% and Water & Flowback Services margins in the mid‑teens, while advancing its longer‑term ONE TETRA 2030 growth strategy in deepwater, specialty chemicals, battery electrolytes and critical minerals.
TETRA Technologies is planning a chief financial officer transition. Elijio V. Serrano will retire as Senior Vice President and Chief Financial Officer effective March 31, 2026, and Matthew J. Sanderson, currently Executive Vice President and Chief Commercial Officer, will become Executive Vice President and Chief Financial Officer while retaining certain commercial responsibilities.
Upon taking the CFO role, Mr. Sanderson’s base salary will increase to $490,000, his target annual incentive will rise to 90% of base salary, and his target long-term award value will increase to $925,000. Mr. Serrano entered into a transition agreement to serve as a non-executive employee and advisor through April 2, 2027 with a $125,000 annual salary, and his equity and incentive awards will be treated under the company’s retirement guidelines.
TETRA Technologies reported solid fourth-quarter and full-year 2025 results, combining growth with strong cash generation and balance-sheet improvement. Fourth-quarter revenue reached $146.7 million, up 9% year over year, with a loss from continuing operations of $15.3 million reflecting $18.7 million of unusual charges. Adjusted EBITDA was $20.4 million and adjusted earnings per share were $0.02, while operating cash flow rose to $31.7 million.
For 2025, revenue grew 5% to $631 million and income from continuing operations was $4.2 million, including $31.6 million of unusual charges. Adjusted EBITDA increased 14% to $113.6 million and adjusted earnings per share improved to $0.26 from $0.17 in 2024. Net cash from operating activities was $100 million, total adjusted free cash flow was $33 million, and base business adjusted free cash flow reached $83 million. Year-end cash was $72.6 million, net debt was $108.7 million and the net leverage ratio was 1.1 times.
The company highlighted record performance in Completion Fluids & Products, improving margins in Water & Flowback Services, and progress on its Arkansas bromine facility, produced water desalination platform, and critical minerals portfolio in lithium and magnesium. Management reiterated its ONE TETRA 2030 objectives to more than double revenue and triple adjusted EBITDA by 2030, while guiding to modest overall revenue growth in 2026 with Completion Fluids & Products margins in the 25%–30% range and Water & Flowback Services margins moving from 12% in 2025 to the mid-teens in 2026.
TETRA Technologies, Inc. filed a current report to notify investors that it has issued a news release announcing its financial results for the third quarter of 2025. The company furnished this news release as Exhibit 99.1 to the report, making it available for reference.
The company notes that the information in this item and in Exhibit 99.1 is being furnished rather than filed under securities laws, which affects how it is treated for liability and incorporation into other regulatory documents.
TETRA Technologies (TTI) announced a planned CFO transition. Elijio V. Serrano informed the company on October 24, 2025 that he intends to retire as Senior Vice President and Chief Financial Officer, effective March 31, 2026. It is anticipated that he will be retained as an advisor to CEO and President Brady Murphy on terms to be agreed.
The board appointed Matthew J. Sanderson as Executive Vice President and Chief Financial Officer, effective upon Mr. Serrano’s retirement. Mr. Sanderson, 52, currently serves as Executive Vice President and Chief Commercial Officer and will continue to manage certain responsibilities from that role. He previously led TETRA’s Water and Flowback Services and global Completion Fluids and Products divisions and spent over 19 years at Schlumberger.
The company stated it will file an amendment after Mr. Serrano’s continuing compensation arrangements and any changes to Mr. Sanderson’s compensatory terms are determined. A related news release was furnished as Exhibit 99.1.