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Side-by-side financial comparison of FLOTEK INDUSTRIES INC (FTK) and WASHINGTON TRUST BANCORP INC (WASH). Click either name above to swap in a different company.

FLOTEK INDUSTRIES INC is the larger business by last-quarter revenue ($67.5M vs $57.8M, roughly 1.2× WASHINGTON TRUST BANCORP INC). WASHINGTON TRUST BANCORP INC runs the higher net margin — 21.8% vs 4.5%, a 17.3% gap on every dollar of revenue. Over the past eight quarters, FLOTEK INDUSTRIES INC's revenue compounded faster (29.3% CAGR vs 9.5%).

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.

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

FTK vs WASH — Head-to-Head

Bigger by revenue
FTK
FTK
1.2× larger
FTK
$67.5M
$57.8M
WASH
Higher net margin
WASH
WASH
17.3% more per $
WASH
21.8%
4.5%
FTK
Faster 2-yr revenue CAGR
FTK
FTK
Annualised
FTK
29.3%
9.5%
WASH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FTK
FTK
WASH
WASH
Revenue
$67.5M
$57.8M
Net Profit
$3.0M
$12.6M
Gross Margin
22.5%
Operating Margin
8.9%
Net Margin
4.5%
21.8%
Revenue YoY
33.0%
Net Profit YoY
-31.7%
3.5%
EPS (diluted)
$0.09
$0.66

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
WASH
WASH
Q1 26
$57.8M
Q4 25
$67.5M
$59.3M
Q3 25
$56.0M
$56.5M
Q2 25
$58.4M
$54.3M
Q1 25
$55.4M
$59.1M
Q4 24
$50.8M
$12.4M
Q3 24
$49.7M
$48.5M
Q2 24
$46.2M
$48.2M
Net Profit
FTK
FTK
WASH
WASH
Q1 26
$12.6M
Q4 25
$3.0M
$16.0M
Q3 25
$20.4M
$10.8M
Q2 25
$1.8M
$13.2M
Q1 25
$5.4M
$12.2M
Q4 24
$4.4M
$-60.8M
Q3 24
$2.5M
$11.0M
Q2 24
$2.0M
$10.8M
Gross Margin
FTK
FTK
WASH
WASH
Q1 26
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
WASH
WASH
Q1 26
Q4 25
8.9%
34.9%
Q3 25
16.2%
24.7%
Q2 25
4.4%
31.6%
Q1 25
10.1%
26.5%
Q4 24
10.1%
-648.7%
Q3 24
5.5%
28.5%
Q2 24
4.8%
28.7%
Net Margin
FTK
FTK
WASH
WASH
Q1 26
21.8%
Q4 25
4.5%
27.0%
Q3 25
36.3%
19.2%
Q2 25
3.0%
24.4%
Q1 25
9.7%
20.6%
Q4 24
8.7%
-491.4%
Q3 24
5.1%
22.6%
Q2 24
4.3%
22.4%
EPS (diluted)
FTK
FTK
WASH
WASH
Q1 26
$0.66
Q4 25
$0.09
$0.84
Q3 25
$0.53
$0.56
Q2 25
$0.05
$0.68
Q1 25
$0.17
$0.63
Q4 24
$0.15
$-3.54
Q3 24
$0.08
$0.64
Q2 24
$0.06
$0.63

Balance Sheet & Financial Strength

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

Metric
FTK
FTK
WASH
WASH
Cash + ST InvestmentsLiquidity on hand
$5.7M
$12.3M
Total DebtLower is stronger
$40.0M
Stockholders' EquityBook value
$113.1M
$546.8M
Total Assets
$220.0M
$6.5B
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FTK
FTK
WASH
WASH
Q1 26
$12.3M
Q4 25
$5.7M
Q3 25
$4.6M
Q2 25
$5.0M
Q1 25
$6.3M
Q4 24
$4.4M
Q3 24
$5.0M
Q2 24
$4.8M
Total Debt
FTK
FTK
WASH
WASH
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
WASH
WASH
Q1 26
$546.8M
Q4 25
$113.1M
$543.6M
Q3 25
$110.5M
$533.0M
Q2 25
$71.8M
$527.5M
Q1 25
$119.7M
$521.7M
Q4 24
$113.9M
$499.7M
Q3 24
$109.0M
$502.2M
Q2 24
$106.2M
$471.0M
Total Assets
FTK
FTK
WASH
WASH
Q1 26
$6.5B
Q4 25
$220.0M
$6.6B
Q3 25
$212.7M
$6.7B
Q2 25
$172.2M
$6.7B
Q1 25
$170.2M
$6.6B
Q4 24
$170.8M
$6.9B
Q3 24
$160.6M
$7.1B
Q2 24
$156.0M
$7.2B
Debt / Equity
FTK
FTK
WASH
WASH
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
WASH
WASH
Operating Cash FlowLast quarter
$6.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.07×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FTK
FTK
WASH
WASH
Q1 26
Q4 25
$6.2M
$80.3M
Q3 25
$-1.9M
$39.6M
Q2 25
$-4.5M
$11.3M
Q1 25
$7.3M
$8.4M
Q4 24
$-2.6M
$57.7M
Q3 24
$5.1M
$25.7M
Q2 24
$-3.1M
$11.2M
Free Cash Flow
FTK
FTK
WASH
WASH
Q1 26
Q4 25
$78.3M
Q3 25
$39.3M
Q2 25
$10.9M
Q1 25
$8.4M
Q4 24
$53.7M
Q3 24
$24.4M
Q2 24
$9.6M
FCF Margin
FTK
FTK
WASH
WASH
Q1 26
Q4 25
132.2%
Q3 25
69.6%
Q2 25
20.2%
Q1 25
14.2%
Q4 24
433.8%
Q3 24
50.4%
Q2 24
19.8%
Capex Intensity
FTK
FTK
WASH
WASH
Q1 26
Q4 25
3.4%
Q3 25
0.6%
Q2 25
0.7%
Q1 25
0.1%
Q4 24
32.3%
Q3 24
2.6%
Q2 24
3.4%
Cash Conversion
FTK
FTK
WASH
WASH
Q1 26
Q4 25
2.07×
5.03×
Q3 25
-0.09×
3.65×
Q2 25
-2.54×
0.86×
Q1 25
1.36×
0.69×
Q4 24
-0.58×
Q3 24
2.01×
2.34×
Q2 24
-1.55×
1.03×

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%

WASH
WASH

Net Interest Income$40.5M70%
Noninterest Income$17.3M30%

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