TETRA TECHNOLOGIES INC
For the period ended Mar 31, 2026. Filed Apr 29, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 29, 2026
TTI$5.96-2.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
(In Thousands, Unaudited)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Operating activities: | ||
| Net income | $8,319 | $4,049 |
| Reconciliation of net income to net cash (used in) provided by operating activities: | ||
| Depreciation, amortization and accretion | 9,176 | 9,151 |
| Impairments and other charges | — | 518 |
| Gain on investments | (662) | (257) |
| Equity-based compensation expense | 1,778 | 1,860 |
| Recovery of credit losses | (23) | (85) |
| Amortization and expense of financing costs | 570 | 495 |
| Gain on sale of assets | (127) | (113) |
| Non-cash cumulative foreign currency translation adjustment loss from dissolution of Canadian subsidiary | — | 9,516 |
| Deferred income tax expense (benefit) | 1,102 | (134) |
| Other non-cash (credits) charges | (1) | 6 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | (17,375) | (15,584) |
| Inventories | (3,906) | (2,663) |
| Prepaid expenses and other current assets | 2,789 | 6,158 |
| Trade accounts payable and accrued expenses | (13,300) | (9,277) |
| Other | (196) | 295 |
| Net cash (used in) provided by operating activities | (11,856) | 3,935 |
| Investing activities: | ||
| Purchases of property, plant and equipment, net | (19,019) | (17,956) |
| Proceeds from sale of investments | — | 19,011 |
| Proceeds from sale of property, plant and equipment | 127 | 182 |
| Other investing activities | 164 | 108 |
| Net cash (used in) provided by investing activities | (18,728) | 1,345 |
| Financing activities: | ||
| Proceeds from credit agreements and long-term debt | 105 | 96 |
| Principal payments on credit agreements and long-term debt | (105) | (96) |
| Payments on financing lease obligations | (1,166) | (931) |
| Proceeds from exercise of stock options | 371 | — |
| Taxes paid upon vesting of equity-based compensation | (5,928) | (1,158) |
| Net cash used in financing activities | (6,723) | (2,089) |
| Effect of exchange rate changes on cash | 151 | 651 |
| (Decrease) increase in cash and cash equivalents | (37,156) | 3,842 |
| Cash, cash equivalents and restricted cash at beginning of period | 72,680 | 37,208 |
| Cash, cash equivalents and restricted cash at end of period | $35,524 | $41,050 |
| Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets | ||
| Cash and cash equivalents at end of period | $35,473 | $41,000 |
| Restricted cash at end of period | 51 | 50 |
| Total cash, cash equivalents and restricted cash at end of period shown in the consolidated statements of cash flows | $35,524 | $41,050 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.