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Side-by-side financial comparison of FLOTEK INDUSTRIES INC (FTK) and i3 Verticals, Inc. (IIIV). Click either name above to swap in a different company.

FLOTEK INDUSTRIES INC is the larger business by last-quarter revenue ($67.5M vs $52.7M, roughly 1.3× i3 Verticals, Inc.). FLOTEK INDUSTRIES INC runs the higher net margin — 4.5% vs 0.9%, a 3.6% gap on every dollar of revenue. On growth, FLOTEK INDUSTRIES INC posted the faster year-over-year revenue change (33.0% vs -14.6%). Over the past eight quarters, FLOTEK INDUSTRIES INC's revenue compounded faster (29.3% CAGR vs -4.7%).

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.

The Prusa i3 is a family of fused filament fabrication 3D printers, manufactured by Czech company Prusa Research under the trademarked name Original Prusa i3. Part of the RepRap project, Prusa i3 printers were called the most used 3D printer in the world in 2016. The first Prusa i3 was designed by Josef Průša in 2012, and was released as a commercial kit product in 2015. The latest model is available in both kit and factory assembled versions. The Prusa i3's comparable low cost and ease of co...

FTK vs IIIV — Head-to-Head

Bigger by revenue
FTK
FTK
1.3× larger
FTK
$67.5M
$52.7M
IIIV
Growing faster (revenue YoY)
FTK
FTK
+47.6% gap
FTK
33.0%
-14.6%
IIIV
Higher net margin
FTK
FTK
3.6% more per $
FTK
4.5%
0.9%
IIIV
Faster 2-yr revenue CAGR
FTK
FTK
Annualised
FTK
29.3%
-4.7%
IIIV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FTK
FTK
IIIV
IIIV
Revenue
$67.5M
$52.7M
Net Profit
$3.0M
$484.0K
Gross Margin
22.5%
Operating Margin
8.9%
3.1%
Net Margin
4.5%
0.9%
Revenue YoY
33.0%
-14.6%
Net Profit YoY
-31.7%
-76.5%
EPS (diluted)
$0.09
$0.02

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
IIIV
IIIV
Q4 25
$67.5M
$52.7M
Q3 25
$56.0M
$46.0M
Q2 25
$58.4M
$51.9M
Q1 25
$55.4M
$63.1M
Q4 24
$50.8M
$52.2M
Q3 24
$49.7M
$32.0M
Q2 24
$46.2M
$46.2M
Q1 24
$40.4M
$58.0M
Net Profit
FTK
FTK
IIIV
IIIV
Q4 25
$3.0M
$484.0K
Q3 25
$20.4M
$3.1M
Q2 25
$1.8M
$12.9M
Q1 25
$5.4M
$-154.0K
Q4 24
$4.4M
$2.1M
Q3 24
$2.5M
$117.9M
Q2 24
$2.0M
$-7.5M
Q1 24
$1.6M
$1.9M
Gross Margin
FTK
FTK
IIIV
IIIV
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%
Q1 24
21.8%
Operating Margin
FTK
FTK
IIIV
IIIV
Q4 25
8.9%
3.1%
Q3 25
16.2%
3.2%
Q2 25
4.4%
-9.3%
Q1 25
10.1%
8.0%
Q4 24
10.1%
3.9%
Q3 24
5.5%
10.6%
Q2 24
4.8%
-2.8%
Q1 24
5.2%
3.4%
Net Margin
FTK
FTK
IIIV
IIIV
Q4 25
4.5%
0.9%
Q3 25
36.3%
6.7%
Q2 25
3.0%
24.8%
Q1 25
9.7%
-0.2%
Q4 24
8.7%
3.9%
Q3 24
5.1%
368.2%
Q2 24
4.3%
-16.3%
Q1 24
3.9%
3.2%
EPS (diluted)
FTK
FTK
IIIV
IIIV
Q4 25
$0.09
$0.02
Q3 25
$0.53
$0.14
Q2 25
$0.05
$0.50
Q1 25
$0.17
$0.00
Q4 24
$0.15
$0.08
Q3 24
$0.08
$4.93
Q2 24
$0.06
$-0.32
Q1 24
$0.05
$0.08

Balance Sheet & Financial Strength

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

Metric
FTK
FTK
IIIV
IIIV
Cash + ST InvestmentsLiquidity on hand
$5.7M
$37.5M
Total DebtLower is stronger
$40.0M
Stockholders' EquityBook value
$113.1M
$358.5M
Total Assets
$220.0M
$595.9M
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTK
FTK
IIIV
IIIV
Q4 25
$5.7M
$37.5M
Q3 25
$4.6M
$66.7M
Q2 25
$5.0M
$55.5M
Q1 25
$6.3M
$7.7M
Q4 24
$4.4M
$85.6M
Q3 24
$5.0M
$86.5M
Q2 24
$4.8M
$9.7M
Q1 24
$5.2M
$3.1M
Total Debt
FTK
FTK
IIIV
IIIV
Q4 25
$40.0M
Q3 25
$40.0M
$0
Q2 25
$40.0M
$0
Q1 25
$12.0M
Q4 24
$26.2M
Q3 24
$26.2M
Q2 24
$374.1M
Q1 24
$194.0K
$369.6M
Stockholders' Equity
FTK
FTK
IIIV
IIIV
Q4 25
$113.1M
$358.5M
Q3 25
$110.5M
$389.6M
Q2 25
$71.8M
$383.3M
Q1 25
$119.7M
$385.2M
Q4 24
$113.9M
$375.0M
Q3 24
$109.0M
$379.7M
Q2 24
$106.2M
$249.7M
Q1 24
$103.9M
$249.3M
Total Assets
FTK
FTK
IIIV
IIIV
Q4 25
$220.0M
$595.9M
Q3 25
$212.7M
$638.4M
Q2 25
$172.2M
$623.3M
Q1 25
$170.2M
$646.4M
Q4 24
$170.8M
$726.2M
Q3 24
$160.6M
$730.7M
Q2 24
$156.0M
$861.7M
Q1 24
$155.8M
$625.8M
Debt / Equity
FTK
FTK
IIIV
IIIV
Q4 25
0.35×
Q3 25
0.36×
0.00×
Q2 25
0.56×
0.00×
Q1 25
0.03×
Q4 24
0.07×
Q3 24
0.07×
Q2 24
1.50×
Q1 24
0.00×
1.48×

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
IIIV
IIIV
Operating Cash FlowLast quarter
$6.2M
$14.1M
Free Cash FlowOCF − Capex
$13.8M
FCF MarginFCF / Revenue
26.2%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
2.07×
29.18×
TTM Free Cash FlowTrailing 4 quarters
$6.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTK
FTK
IIIV
IIIV
Q4 25
$6.2M
$14.1M
Q3 25
$-1.9M
$14.0M
Q2 25
$-4.5M
$7.4M
Q1 25
$7.3M
$-27.1M
Q4 24
$-2.6M
$11.5M
Q3 24
$5.1M
$15.1M
Q2 24
$-3.1M
$8.1M
Q1 24
$3.9M
$10.7M
Free Cash Flow
FTK
FTK
IIIV
IIIV
Q4 25
$13.8M
Q3 25
$13.5M
Q2 25
$6.8M
Q1 25
$-27.6M
Q4 24
$11.0M
Q3 24
$14.6M
Q2 24
$7.2M
Q1 24
$9.9M
FCF Margin
FTK
FTK
IIIV
IIIV
Q4 25
26.2%
Q3 25
29.5%
Q2 25
13.1%
Q1 25
-43.8%
Q4 24
21.1%
Q3 24
45.6%
Q2 24
15.6%
Q1 24
17.1%
Capex Intensity
FTK
FTK
IIIV
IIIV
Q4 25
0.6%
Q3 25
0.9%
Q2 25
1.0%
Q1 25
0.8%
Q4 24
0.9%
Q3 24
1.7%
Q2 24
1.9%
Q1 24
1.4%
Cash Conversion
FTK
FTK
IIIV
IIIV
Q4 25
2.07×
29.18×
Q3 25
-0.09×
4.52×
Q2 25
-2.54×
0.57×
Q1 25
1.36×
Q4 24
-0.58×
5.59×
Q3 24
2.01×
0.13×
Q2 24
-1.55×
Q1 24
2.49×
5.72×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FTK
FTK

Related Party$49.6M74%
Nonrelated Party$17.9M26%

IIIV
IIIV

License And Service$35.7M68%
Proprietary Payments Revenue$14.5M27%
Other Revenue$2.5M5%

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