vs

Side-by-side financial comparison of FLOTEK INDUSTRIES INC (FTK) and GRAIL, Inc. (GRAL). Click either name above to swap in a different company.

FLOTEK INDUSTRIES INC is the larger business by last-quarter revenue ($70.1M vs $43.6M, roughly 1.6× GRAIL, Inc.). FLOTEK INDUSTRIES INC runs the higher net margin — 6.7% vs -227.5%, a 234.1% gap on every dollar of revenue. On growth, FLOTEK INDUSTRIES INC posted the faster year-over-year revenue change (27.0% vs 14.0%). Over the past eight quarters, GRAIL, Inc.'s revenue compounded faster (27.7% CAGR vs 23.2%).

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.

GRAIL, Inc. is an American biotechnology company based in Menlo Park, California founded in 2015 seeking to develop an early cancer screening test for people who do not have symptoms. As a startup it was a subsidiary of Illumina, which bought it outright in 2021.

FTK vs GRAL — Head-to-Head

Bigger by revenue
FTK
FTK
1.6× larger
FTK
$70.1M
$43.6M
GRAL
Growing faster (revenue YoY)
FTK
FTK
+13.0% gap
FTK
27.0%
14.0%
GRAL
Higher net margin
FTK
FTK
234.1% more per $
FTK
6.7%
-227.5%
GRAL
Faster 2-yr revenue CAGR
GRAL
GRAL
Annualised
GRAL
27.7%
23.2%
FTK

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FTK
FTK
GRAL
GRAL
Revenue
$70.1M
$43.6M
Net Profit
$4.7M
$-99.2M
Gross Margin
22.2%
Operating Margin
10.8%
-285.4%
Net Margin
6.7%
-227.5%
Revenue YoY
27.0%
14.0%
Net Profit YoY
-2.2%
EPS (diluted)
$0.12
$-2.37

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FTK
FTK
GRAL
GRAL
Q1 26
$70.1M
Q4 25
$67.5M
$43.6M
Q3 25
$56.0M
$36.2M
Q2 25
$58.4M
$35.5M
Q1 25
$55.4M
$31.8M
Q4 24
$50.8M
$38.3M
Q3 24
$49.7M
$28.7M
Q2 24
$46.2M
$32.0M
Net Profit
FTK
FTK
GRAL
GRAL
Q1 26
$4.7M
Q4 25
$3.0M
$-99.2M
Q3 25
$20.4M
$-89.0M
Q2 25
$1.8M
$-114.0M
Q1 25
$5.4M
$-106.2M
Q4 24
$4.4M
$-97.1M
Q3 24
$2.5M
$-125.7M
Q2 24
$2.0M
$-1.6B
Gross Margin
FTK
FTK
GRAL
GRAL
Q1 26
22.2%
Q4 25
22.5%
Q3 25
31.7%
Q2 25
24.7%
Q1 25
22.5%
Q4 24
24.2%
Q3 24
18.3%
Q2 24
19.9%
Operating Margin
FTK
FTK
GRAL
GRAL
Q1 26
10.8%
Q4 25
8.9%
-285.4%
Q3 25
16.2%
-346.2%
Q2 25
4.4%
-446.9%
Q1 25
10.1%
-482.5%
Q4 24
10.1%
-358.0%
Q3 24
5.5%
-640.5%
Q2 24
4.8%
-5133.8%
Net Margin
FTK
FTK
GRAL
GRAL
Q1 26
6.7%
Q4 25
4.5%
-227.5%
Q3 25
36.3%
-245.8%
Q2 25
3.0%
-320.7%
Q1 25
9.7%
-333.6%
Q4 24
8.7%
-253.8%
Q3 24
5.1%
-438.7%
Q2 24
4.3%
-4958.8%
EPS (diluted)
FTK
FTK
GRAL
GRAL
Q1 26
$0.12
Q4 25
$0.09
$-2.37
Q3 25
$0.53
$-2.46
Q2 25
$0.05
$-3.18
Q1 25
$0.17
$-3.10
Q4 24
$0.15
$-1.49
Q3 24
$0.08
$-3.94
Q2 24
$0.06
$-51.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FTK
FTK
GRAL
GRAL
Cash + ST InvestmentsLiquidity on hand
$5.7M
$249.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$118.2M
$2.6B
Total Assets
$231.8M
$2.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTK
FTK
GRAL
GRAL
Q1 26
$5.7M
Q4 25
$5.7M
$249.7M
Q3 25
$4.6M
$126.9M
Q2 25
$5.0M
$127.4M
Q1 25
$6.3M
$133.9M
Q4 24
$4.4M
$214.2M
Q3 24
$5.0M
$853.6M
Q2 24
$4.8M
$958.8M
Total Debt
FTK
FTK
GRAL
GRAL
Q1 26
Q4 25
$40.0M
Q3 25
$40.0M
Q2 25
$40.0M
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
FTK
FTK
GRAL
GRAL
Q1 26
$118.2M
Q4 25
$113.1M
$2.6B
Q3 25
$110.5M
$2.2B
Q2 25
$71.8M
$2.3B
Q1 25
$119.7M
$2.4B
Q4 24
$113.9M
$2.5B
Q3 24
$109.0M
$2.6B
Q2 24
$106.2M
$2.7B
Total Assets
FTK
FTK
GRAL
GRAL
Q1 26
$231.8M
Q4 25
$220.0M
$2.9B
Q3 25
$212.7M
$2.6B
Q2 25
$172.2M
$2.7B
Q1 25
$170.2M
$2.8B
Q4 24
$170.8M
$3.0B
Q3 24
$160.6M
$3.1B
Q2 24
$156.0M
$3.3B
Debt / Equity
FTK
FTK
GRAL
GRAL
Q1 26
Q4 25
0.35×
Q3 25
0.36×
Q2 25
0.56×
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FTK
FTK
GRAL
GRAL
Operating Cash FlowLast quarter
$21.0K
$-63.8M
Free Cash FlowOCF − Capex
$-63.9M
FCF MarginFCF / Revenue
-146.5%
Capex IntensityCapex / Revenue
1.4%
0.2%
Cash ConversionOCF / Net Profit
0.00×
TTM Free Cash FlowTrailing 4 quarters
$-299.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTK
FTK
GRAL
GRAL
Q1 26
$21.0K
Q4 25
$6.2M
$-63.8M
Q3 25
$-1.9M
$-63.2M
Q2 25
$-4.5M
$-77.0M
Q1 25
$7.3M
$-95.0M
Q4 24
$-2.6M
Q3 24
$5.1M
$-104.6M
Q2 24
$-3.1M
$-171.8M
Free Cash Flow
FTK
FTK
GRAL
GRAL
Q1 26
Q4 25
$-63.9M
Q3 25
$-63.6M
Q2 25
$-77.3M
Q1 25
$-95.1M
Q4 24
Q3 24
$-105.6M
Q2 24
$-173.2M
FCF Margin
FTK
FTK
GRAL
GRAL
Q1 26
Q4 25
-146.5%
Q3 25
-175.8%
Q2 25
-217.6%
Q1 25
-298.6%
Q4 24
Q3 24
-368.4%
Q2 24
-541.7%
Capex Intensity
FTK
FTK
GRAL
GRAL
Q1 26
1.4%
Q4 25
0.2%
Q3 25
1.1%
Q2 25
1.0%
Q1 25
0.2%
Q4 24
Q3 24
3.4%
Q2 24
4.3%
Cash Conversion
FTK
FTK
GRAL
GRAL
Q1 26
0.00×
Q4 25
2.07×
Q3 25
-0.09×
Q2 25
-2.54×
Q1 25
1.36×
Q4 24
-0.58×
Q3 24
2.01×
Q2 24
-1.55×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FTK
FTK

Revenue from related party$51.9M74%
Revenue from external customers$18.2M26%

GRAL
GRAL

Screening Revenue$42.3M97%
Developmental Services Revenue$1.3M3%

Related Comparisons