Tetra Technologies: Q3 2025 Growth & Raised Guidance

**FOR IMMEDIATE RELEASE**

**Tetra Technologies Reports Outstanding Q3 2025 Financial Results, Raises Full-Year Guidance**

THE WOODLANDS, Texas – October 28, 2025 – Tetra Technologies, Inc. (NYSE: TTI), a leading energy services and solutions company, today announced exceptionally strong financial results for its third quarter ended September 30, 2025, significantly exceeding previous forecasts and demonstrating robust growth across key operational segments.

The Woodlands-based company reported a revenue of $184.6 million for the third quarter, marking an impressive 18% increase from the second quarter of 2025 and a substantial 37% jump compared to the same period last year. This strong performance was underpinned by soaring demand for its specialized products and services within the global energy sector.

Operational profitability also saw significant gains, with Adjusted EBITDA reaching $37.2 million. This represents a 28% boost quarter-over-quarter and a remarkable 71% improvement year-over-year, highlighting efficient operations and a favorable market environment. Net income for the quarter stood at $16.7 million, or $0.21 per diluted share, while adjusted net income was $18.3 million, or $0.23 per share.

“Our third quarter results are a testament to our team’s relentless execution and the strength of our strategic positioning in critical energy markets,” said Brady Murphy, President and CEO of Tetra Technologies. “We saw exceptional demand for our Completion Fluids and Products, particularly in the US Gulf of Mexico and various international regions, which, combined with disciplined pricing and higher volumes, drove the majority of our revenue growth. Our Water Management segment also continued to perform well, leveraging growth in areas like the Permian Basin to offset temporary lower activity in Argentina.”

The Completion Fluids & Products segment was a primary driver of success, generating $150.3 million in revenue. This segment benefited from strong global demand, favorable pricing dynamics, and increased sales volumes for its specialized completion fluids essential for oil and gas well productivity.

Financially, Tetra Technologies continued to strengthen its balance sheet. The company generated a healthy $22.2 million in Free Cash Flow during the quarter, bringing its year-to-date total to an impressive $66.4 million. Demonstrating confidence in its valuation and future prospects, Tetra repurchased $4.8 million of its common stock. Furthermore, the company successfully reduced its net debt by $16.6 million, bringing the total net debt down to $88.5 million.

Looking ahead, the company is highly optimistic about its trajectory. Buoyed by the strong third-quarter performance and anticipated continued market demand, Tetra Technologies has raised its full-year 2025 guidance. The company now expects Adjusted EBITDA to range between $128 million and $133 million, an increase from its previous forecast of $120-$125 million. Free Cash Flow guidance for the full year also received a significant boost, now projected to be between $75 million and $80 million.

“The revised guidance reflects our confidence in sustained market momentum and our ability to capitalize on growing opportunities,” Murphy added. “We remain focused on delivering value to our shareholders through operational excellence, strategic capital allocation, and a commitment to innovation in the energy services sector. We anticipate a very strong finish to 2025 and are well-positioned for continued success into the new year.”

Investors and interested parties can find more detailed financial information and listen to the company’s earnings call webcast on the Investor Relations section of Tetra Technologies’ website at tetratec.com.

**About Tetra Technologies, Inc.**
Tetra Technologies, Inc. is a leading energy services and solutions company, focused on completion fluids, frac flowback, production well testing, and water management solutions. Tetra is a premier developer and manufacturer of high-density completion fluids and is a leading provider of water management solutions, including recycled wastewater, for the oil and gas industry. Headquartered in The Woodlands, Texas, Tetra serves customers across the globe, providing essential services and products that enable efficient and environmentally responsible energy production.

**Forward-Looking Statements**
This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to a number of risks and uncertainties, many of which are beyond the Company’s control. These include the impact of commodity prices, worldwide economic conditions, and operating risks. The forward-looking statements are based on the Company’s current expectations, estimates, and projections, which may prove to be incorrect. Actual results may differ materially from those expressed or implied in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.