FLOTEK INDUSTRIES INCFTKEarnings & Financial Report
Flotek Industries Inc. is a technology-driven diversified company that develops and supplies specialty chemicals, performance materials and related equipment solutions for global energy, mining and industrial manufacturing sectors, delivering innovative sustainable products to boost client operational efficiency.
FTK Q1 FY2026 Key Financial Metrics
Revenue
$70.1M
Gross Profit
$15.5M
Operating Profit
$7.6M
Net Profit
$4.7M
Gross Margin
22.2%
Operating Margin
10.8%
Net Margin
6.7%
YoY Growth
27.0%
EPS
$0.12
FLOTEK INDUSTRIES INC Q1 FY2026 Financial Summary
FLOTEK INDUSTRIES INC reported revenue of $70.1M (up 27.0% YoY) for Q1 FY2026, with a net profit of $4.7M (6.7% margin). Cost of goods sold was $54.5M, operating expenses totaled $8.0M.
Key Financial Metrics
| Total Revenue | $70.1M |
|---|---|
| Net Profit | $4.7M |
| Gross Margin | 22.2% |
| Operating Margin | 10.8% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
FLOTEK INDUSTRIES INC Q1 FY2026 revenue of $70.1M breaks down across 2 segments, led by Revenue from related party at $51.9M (74.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Revenue from related party | $51.9M | 74.1% |
| Revenue from external customers | $18.2M | 25.9% |
FLOTEK INDUSTRIES INC Annual Revenue by Year
FLOTEK INDUSTRIES INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $237.3M).
FLOTEK INDUSTRIES INC Quarterly Revenue & Net Profit History
FLOTEK INDUSTRIES INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $70.1M | +27.0% | $4.7M | 6.7% |
| Q4 FY2025 | $67.5M | +33.0% | $3.0M | 4.5% |
| Q3 FY2025 | $56.0M | +12.6% | $20.4M | 36.3% |
| Q2 FY2025 | $58.4M | +26.4% | $1.8M | 3.0% |
| Q1 FY2025 | $55.4M | +37.1% | $5.4M | 9.7% |
| Q4 FY2024 | $50.8M | +20.3% | $4.4M | 8.7% |
| Q3 FY2024 | $49.7M | +5.2% | $2.5M | 5.1% |
| Q2 FY2024 | $46.2M | -8.8% | $2.0M | 4.3% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $46.2M | $49.7M | $50.8M | $55.4M | $58.4M | $56.0M | $67.5M | $70.1M |
| YoY Growth | -8.8% | 5.2% | 20.3% | 37.1% | 26.4% | 12.6% | 33.0% | 27.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $156.0M | $160.6M | $170.8M | $170.2M | $172.2M | $212.7M | $220.0M | $231.8M |
| Liabilities | $49.8M | $51.6M | $56.9M | $50.5M | $100.4M | $102.2M | $107.0M | $113.7M |
| Equity | $106.2M | $109.0M | $113.9M | $119.7M | $71.8M | $110.5M | $113.1M | $118.2M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-3.1M | $5.1M | $-2.6M | $7.3M | $-4.5M | $-1.9M | $6.2M | $21000 |