TETRA (TTI) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

TETRA Revenue Highlights

Latest Revenue (Y)

$626.26M

Latest Revenue (Q)

$141.70M

Main Segment (Y)

Service

Main Geography (Y)

UNITED STATES

TETRA Revenue by Period

TETRA Revenue by Year

Date	Revenue	Change
2023-12-31	$626.26M	13.20%
2022-12-31	$553.21M	42.48%
2021-12-31	$388.27M	2.79%
2020-12-31	$377.71M	-63.61%
2019-12-31	$1.04B	3.92%
2018-12-31	$998.77M	21.75%
2017-12-31	$820.38M	18.08%
2016-12-31	$694.76M	-38.52%
2015-12-31	$1.13B	4.88%
2014-12-31	$1.08B	18.49%
2013-12-31	$909.40M	3.24%
2012-12-31	$880.83M	4.21%
2011-12-31	$845.27M	-3.14%
2010-12-31	$872.68M	-0.71%
2009-12-31	$878.88M	-12.90%
2008-12-31	$1.01B	2.71%
2007-12-31	$982.48M	25.18%
2006-12-31	$784.87M	47.80%
2005-12-31	$531.02M	50.35%
2004-12-31	$353.19M	10.83%
2003-12-31	$318.67M	31.35%
2002-12-31	$242.61M	-20.05%
2001-12-31	$303.44M	35.16%
2000-12-31	$224.50M	4.27%
1999-12-31	$215.30M	-9.73%
1998-12-31	$238.50M	8.71%
1997-12-31	$219.40M	36.44%
1996-12-31	$160.80M	41.67%
1995-12-31	$113.50M	28.25%
1994-12-31	$88.50M	40.92%
1993-12-31	$62.80M	-

TETRA generated $626.26M in revenue during NA 2023, up 13.20% compared to the previous quarter, and up 62.70% compared to the same period a year ago.

TETRA Revenue by Quarter

Date	Revenue	Change
2024-09-30	$141.70M	-17.59%
2024-06-30	$171.94M	13.89%
2024-03-31	$150.97M	-1.41%
2023-12-31	$153.13M	1.10%
2023-09-30	$151.46M	-13.68%
2023-06-30	$175.46M	20.01%
2023-03-31	$146.21M	-0.84%
2022-12-31	$147.45M	9.21%
2022-09-30	$135.01M	-4.05%
2022-06-30	$140.72M	8.21%
2022-03-31	$130.04M	14.93%
2021-12-31	$113.15M	18.51%
2021-09-30	$95.47M	-6.70%
2021-06-30	$102.33M	32.33%
2021-03-31	$77.32M	2.47%
2020-12-31	$75.46M	-50.55%
2020-09-30	$152.60M	-20.70%
2020-06-30	$192.44M	-13.68%
2020-03-31	$222.94M	-14.08%
2019-12-31	$259.46M	5.50%
2019-09-30	$245.95M	-14.84%
2019-06-30	$288.80M	18.49%
2019-03-31	$243.73M	-13.72%
2018-12-31	$282.47M	9.97%
2018-09-30	$256.85M	-1.24%
2018-06-30	$260.07M	30.44%
2018-03-31	$199.38M	-12.42%
2017-12-31	$227.64M	5.21%
2017-09-30	$216.36M	3.84%
2017-06-30	$208.37M	24.03%
2017-03-31	$168.00M	-3.01%
2016-12-31	$173.22M	-1.89%
2016-09-30	$176.55M	0.51%
2016-06-30	$175.66M	3.74%
2016-03-31	$169.33M	-34.26%
2015-12-31	$257.59M	-15.58%
2015-09-30	$305.14M	-3.53%
2015-06-30	$316.32M	25.98%
2015-03-31	$251.09M	-20.50%
2014-12-31	$315.85M	3.09%
2014-09-30	$306.37M	26.34%
2014-06-30	$242.49M	13.92%
2014-03-31	$212.86M	-5.58%
2013-12-31	$225.44M	-11.35%
2013-09-30	$254.30M	15.02%
2013-06-30	$221.10M	6.01%
2013-03-31	$208.56M	-9.77%
2012-12-31	$231.14M	-1.22%
2012-09-30	$233.99M	-0.39%
2012-06-30	$234.91M	29.93%
2012-03-31	$180.80M	-2.89%
2011-12-31	$186.18M	-7.57%
2011-09-30	$201.43M	-14.32%
2011-06-30	$235.11M	5.65%
2011-03-31	$222.54M	4.36%
2010-12-31	$213.25M	0.63%
2010-09-30	$211.92M	-12.29%
2010-06-30	$241.62M	17.35%
2010-03-31	$205.89M	-2.75%
2009-12-31	$211.71M	-16.64%
2009-09-30	$253.97M	16.53%
2009-06-30	$217.94M	11.62%
2009-03-31	$195.25M	-15.26%
2008-12-31	$230.42M	-7.50%
2008-09-30	$249.10M	-18.16%
2008-06-30	$304.39M	35.19%
2008-03-31	$225.16M	-3.62%
2007-12-31	$233.61M	-

TETRA generated $141.70M in revenue during Q3 2024, up -17.59% compared to the previous quarter, and up 80.76% compared to the same period a year ago.

TETRA Revenue Breakdown

TETRA Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Product	$306.06M	$260.00M	$215.23M	-	-
Service	$320.21M	$293.21M	$173.04M	-	-
Completion Fluids & Products Division	-	-	-	$242.66M	$279.25M
Water & Flowback Services	-	-	-	$135.05M	$281.99M
Compression	-	-	-	-	$476.69M

TETRA's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service (51.13%), and Product (48.87%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Product	$71.78M	$96.62M	$73.34M	$237.09M	$68.97M	$64.15M	$61.27M	-	-	-	-	-	-	-	-	-	-	-	-	-
Service	$69.92M	$75.31M	$77.64M	$237.71M	$82.50M	$83.30M	$51.87M	-	-	-	-	-	-	-	-	-	-	-	-	-
Completion Fluids & Products Division	-	-	-	-	-	$98.22M	$69.04M	$59.16M	$74.80M	$73.19M	$48.69M	$64.61M	$46.52M	$44.13M	$51.95M	$71.35M	$75.24M	$78.57M	-	-
Water & Flowback Services	-	-	-	-	-	$77.24M	$77.17M	$75.85M	$65.92M	$56.84M	$46.78M	$37.72M	$30.80M	$31.33M	$21.53M	$24.72M	$57.47M	$57.34M	-	-
Interdivision Eliminations	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Compression	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$79.12M	$96.37M	$90.24M	$123.55M

TETRA's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (50.65%), and Service (49.35%).

TETRA Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Europe	$116.84M	$89.08M	$88.14M	$90.30M	$94.53M
UNITED STATES	$417.66M	$391.96M	$251.79M	-	-
South America	$57.70M	$30.56M	$10.47M	$11.58M	$24.37M
Middle East, Asia, And Other	$31.90M	$36.57M	$30.25M	-	-
Canada and Mexico	$1.86M	$2.21M	$5.36M	$1.35M	$31.56M
Africa	$300.00K	$2.83M	$2.26M	$8.13M	$17.41M
Asia and other	-	-	-	$40.52M	$21.37M

TETRA's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (66.69%), Europe (18.66%), South America (9.21%), Middle East, Asia, And Other (5.09%), Canada and Mexico (0.30%), and Africa (0.05%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Sep 23	Jun 18	Mar 18
Non-US	$48.53M	$69.61M	$44.82M	$47.10M	$12.81M	$14.04M
UNITED STATES	-	-	-	-	$70.84M	$47.04M

TETRA's latest quarterly revenue breakdown by geography, as of Sep 24: Non-US (100.00%).

TETRA Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FTI	TechnipFMC	$7.82B	$2.35B
CHX	ChampionX	$3.76B	$906.53M
MRC	MRC Global	$3.41B	$2.74B
NEX	NexTier Oilfield Solutions	$3.24B	$945.09M
OII	Oceaneering	$2.42B	$679.81M
PUMP	ProPetro	$1.63B	$360.87M
RES	RPC	$1.62B	$337.65M
HLX	Helix Energy Solutions Group	$1.29B	$342.42M
WHD	Cactus	$1.10B	$293.18M
OIS	Oil States	$782.28M	-
NR	Newpark Resources	$749.60M	$-188.15M
RNGR	Ranger Energy Services	$636.60M	$153.00M
TTI	TETRA	$626.26M	$141.70M
SOI	Solaris Oilfield Infrastructure	$292.95M	$73.89M
DRQ	Dril-Quip	$2.56M	$120.34M

TTI Revenue FAQ

What is TETRA’s yearly revenue?

TETRA's yearly revenue for 2023 was $626.26M, representing an increase of 13.20% compared to 2022. The company's yearly revenue for 2022 was $553.21M, representing an increase of 42.48% compared to 2021. TTI's yearly revenue for 2021 was $388.27M, representing an increase of 2.79% compared to 2020.

What is TETRA’s quarterly revenue?

TETRA's quarterly revenue for Q3 2024 was $141.7M, a -17.59% decrease from the previous quarter (Q2 2024), and a -6.45% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $171.94M, a 13.89% increase from the previous quarter (Q1 2024), and a -2.01% decrease year-over-year (Q2 2023). TTI's quarterly revenue for Q1 2024 was $150.97M, a -1.41% decrease from the previous quarter (Q4 2023), and a 3.26% increase year-over-year (Q1 2023).

What is TETRA’s revenue growth rate?

TETRA's revenue growth rate for the last 3 years (2021-2023) was 61.29%, and for the last 5 years (2019-2023) was -39.66%.

What are TETRA’s revenue streams?

TETRA's revenue streams in c 23 are Product, and Service. Product generated $306.06M in revenue, accounting 48.87% of the company's total revenue, up 17.71% year-over-year. Service generated $320.21M in revenue, accounting 51.13% of the company's total revenue, up 9.21% year-over-year.

What is TETRA’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of TETRA was Service. This segment made a revenue of $320.21M, representing 51.13% of the company's total revenue.