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FLOTEK INDUSTRIES INC/CN/

EDGAR
FTK Quarterly report (10-Q) · filed 2026-08-06

Annual consolidated revenue for 2025: about USD 237.3M, using the latest reported figures. The previous period, 2024, was about USD 187M.

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Watchlist

Latest quarter

Revenue

99.4 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating margin

14.98%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: 14886000 USD Source
  • Revenue: 99367000 USD Source

Operating cash flow

-6.6 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: -6580000 USD Source
  • Operating Cash Flow: 21000 USD Source
Cash and cash equivalents
4.4 million USD Source
Exact value

4402000 USD

Long-term debt including current maturities
40 million USD Source
Exact value

40000000 USD

Shares outstanding
36.2 million shares Source
Exact value

36217709 shares

Reported share-count change

21.31% · 6.36 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 29854440 shares · 2025-06-30· Source
  • 36217709 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

293 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 56031000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 237262000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 169743000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 70051000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 99367000 USD · 2026-04-01 – 2026-06-30 Source

Net income

38 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: 20355000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: 30528000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: 27503000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: 4664000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: 9953000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

-2.2 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 957000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 2822000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 7204000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 957000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 21000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: -6580000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 21000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

708 thousand USD

2022-07-01 – 2023-06-30

Exact inputs and evidence
  • Capital expenditure: 170000 USD · 2022-07-01 – 2022-09-30 Source
  • Capital expenditure: 421000 USD · 2022-01-01 – 2022-12-31 Source
  • Capital expenditure: 175000 USD · 2022-01-01 – 2022-09-30 Source
  • Capital expenditure: 157000 USD · 2023-01-01 – 2023-03-31 Source
  • Capital expenditure: 135000 USD · 2023-04-01 – 2023-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-06.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 8 of 11 periods available· newest 2022-12-31
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • Total liabilities: 11 of 11 periods available· newest 2025-12-31
  • Current assets: 11 of 11 periods available· newest 2025-12-31
  • Current liabilities: 11 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 5 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 11 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +26.9%

    Prior period

    USD 187.03 million

    –

    Current period

    USD 237.26 million

    –

    Exact inputs and evidence

    237262000 − 187025000 = 50237000 USD

    187025000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    237262000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    +190.8%

    Prior period

    USD 10.5 million

    –

    Current period

    USD 30.53 million

    –

    Exact inputs and evidence

    30528000 − 10498000 = 20030000 USD

    10498000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    30528000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +114.3%

    Prior period

    USD 3.36 million

    –

    Current period

    USD 7.2 million

    –

    Exact inputs and evidence

    7204000 − 3361000 = 3843000 USD

    3361000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    7204000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 237.26 million 100% of revenue
  • Cost of revenue USD 177.43 million 75% of revenue
  • Operating expenses USD 29.87 million 13% of revenue
  • Other operating costs Derived USD 6.72 million 2.8% of revenue
  • Operating income USD 23.24 million 9.8% of revenue
  • Tax, interest and other Derived −USD 7.28 million −3.1% of revenue
  • Net income USD 30.53 million 13% of revenue

Cash

  • Operating cash flow USD 7.2 million 3% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Operating loss: operating costs were 109% of revenue.
  • 2017 Operating loss: operating costs were 104% of revenue.
  • 2018 Operating loss: operating costs were 139% of revenue.
  • 2019 Operating loss: operating costs were 163% of revenue.
  • 2020 Operating loss: operating costs were 370% of revenue.
  • 2021 Operating loss: operating costs were 173% of revenue.
  • 2022 Operating loss: operating costs were 126% of revenue.
  • 2023 Net income was higher than operating income, so the split is not drawn.
  • 2024 93%
  • 2025 Net income was higher than operating income, so the split is not drawn.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31188233000 205201000 Derived -16968000 32162000 Derived -49130000 -11880000 Derived
Source
2017 2017-01-01 – 2017-12-31243106000 253426000 Derived -10320000 17075000 Derived -27395000 8148000 Derived
Source
2018 2018-01-01 – 2018-12-31177773000 247584000 Derived -69811000 529000 Derived -70340000 -24375000 Derived
Source
2019 2019-01-01 – 2019-12-31119353000 194853000 Derived -75500000 -41585000 Derived -33915000 -6956000 Derived
Source
2020 2020-01-01 – 2020-12-3153141000 196789000 Derived -143648000 -7198000 Derived -136450000 -49263000 Derived
Source
2021 2021-01-01 – 2021-12-3143268000 74724000 Derived -31456000 -930000 Derived -30526000 -25879000 Derived
Source
2022 2022-01-01 – 2022-12-31136092000 171513000 Derived -35421000 6884000 Derived -42305000 -45053000 Derived
Source
2023 2023-01-01 – 2023-12-31188058000 164835000 Derived 23223000 -1490000 Derived 24713000 Unavailable
Source
2024 2024-01-01 – 2024-12-31187025000 174829000 Derived 12196000 1698000 Derived 10498000 Unavailable
Source
2025 2025-01-01 – 2025-12-31237262000 214018000 Derived 23244000 -7284000 Derived 30528000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 237.3M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.262.6M196.9M131.3M65.6M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue188233000
2017Revenue243106000
2018Revenue177773000
2019Revenue119353000
2020Revenue53141000
2021Revenue43268000
2022Revenue136092000
2023Revenue188058000
2024Revenue187025000
2025Revenue237262000

Revenue growth

Change in revenue from the same financial period one year earlier.

26.9% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.236%158%80%1%-77%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year-30.3%
2017Year over year29.2%
2018Year over year-26.9%
2019Year over year-32.9%
2020Year over year-55.5%
2021Year over year-18.6%
2022Year over year214.5%
2023Year over year38.2%
2024Year over year-0.5%
2025Year over year26.9%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 9.8% 2025
Net margin 12.9% 2025
Free cash flow margin -33.1% 2022
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.36%-46%-129%-211%-293%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin-9%
2017Operating margin-4.2%
2018Operating margin-39.3%
2019Operating margin-63.3%
2020Operating margin-270.3%
2021Operating margin-72.7%
2022Operating margin-26%
2023Operating margin12.3%
2024Operating margin6.5%
2025Operating margin9.8%
2016Net margin-26.1%
2017Net margin-11.3%
2018Net margin-39.6%
2019Net margin-28.4%
2020Net margin-256.8%
2021Net margin-70.6%
2022Net margin-31.1%
2023Net margin13.1%
2024Net margin5.6%
2025Net margin12.9%
2016Free cash flow margin-6.3%
2017Free cash flow margin3.4%
2018Free cash flow margin-13.7%
2019Free cash flow margin-5.8%
2020Free cash flow margin-92.7%
2021Free cash flow margin-59.8%
2022Free cash flow margin-33.1%
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 7.2M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.17.2M-293.4K-17.7M-35.2M-52.7M201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow1192000
2017Operating cash flow12345000
2018Operating cash flow-20816000
2019Operating cash flow-4545000
2020Operating cash flow-47838000
2021Operating cash flow-25840000
2022Operating cash flow-44632000
2023Operating cash flow-11297000
2024Operating cash flow3361000
2025Operating cash flow7204000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -45.1M 2022
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.12.7M-3.9M-20.6M-37.2M-53.9M201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flow-11880000
2017Free cash flow8148000
2018Free cash flow-24375000
2019Free cash flow-6956000
2020Free cash flow-49263000
2021Free cash flow-25879000
2022Free cash flow-45053000
2023Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

48.6% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.106%80%53%27%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets24.9%
2017Liabilities / assets19.6%
2018Liabilities / assets29.5%
2019Liabilities / assets25.4%
2020Liabilities / assets45.3%
2021Liabilities / assets59.8%
2022Liabilities / assets98.4%
2023Liabilities / assets35.3%
2024Liabilities / assets33.3%
2025Liabilities / assets48.6%

Current assets to current liabilities

Current assets divided by current liabilities.

1.8× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.02×3.02×2.01×1.01×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities2.15×
2017Current assets / current liabilities2.13×
2018Current assets / current liabilities2.31×
2019Current assets / current liabilities3.72×
2020Current assets / current liabilities2.3×
2021Current assets / current liabilities2.27×
2022Current assets / current liabilities0.53×
2023Current assets / current liabilities1.6×
2024Current assets / current liabilities1.92×
2025Current assets / current liabilities1.8×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
−USD 49.13 million
Exact value

Exact value: -49130000 USD

2016-01-01 – 2016-12-31: -49130000 USD Inspect Net Income Open source
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USD 1.19 million
Exact value

Exact value: 1192000 USD

2016-01-01 – 2016-12-31: 1192000 USD Inspect Operating Cash Flow Open source
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USD 13.07 million
Exact value

Exact value: 13072000 USD

2016-01-01 – 2016-12-31: 13072000 USD Inspect Capital Expenditure Open source
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−USD 11.88 million
Calculation and evidence

1192000 − 13072000 USD

Exact free cash flow: -11880000 USD

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2017 2017-01-01 – 2017-12-31
−USD 27.4 million
Exact value

Exact value: -27395000 USD

2017-01-01 – 2017-12-31: -27395000 USD Inspect Net Income Open source
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USD 12.35 million
Exact value

Exact value: 12345000 USD

2017-01-01 – 2017-12-31: 12345000 USD Inspect Operating Cash Flow Open source
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USD 4.2 million
Exact value

Exact value: 4197000 USD

2017-01-01 – 2017-12-31: 4197000 USD Inspect Capital Expenditure Open source
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USD 8.15 million
Calculation and evidence

12345000 − 4197000 USD

Exact free cash flow: 8148000 USD

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2018 2018-01-01 – 2018-12-31
−USD 70.34 million
Exact value

Exact value: -70340000 USD

2018-01-01 – 2018-12-31: -70340000 USD Inspect Net Income Open source
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−USD 20.82 million
Exact value

Exact value: -20816000 USD

2018-01-01 – 2018-12-31: -20816000 USD Inspect Operating Cash Flow Open source
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USD 3.56 million
Exact value

Exact value: 3559000 USD

2018-01-01 – 2018-12-31: 3559000 USD Inspect Capital Expenditure Open source
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−USD 24.38 million
Calculation and evidence

-20816000 − 3559000 USD

Exact free cash flow: -24375000 USD

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2019 2019-01-01 – 2019-12-31
−USD 33.92 million
Exact value

Exact value: -33915000 USD

2019-01-01 – 2019-12-31: -33915000 USD Inspect Net Income Open source
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−USD 4.55 million
Exact value

Exact value: -4545000 USD

2019-01-01 – 2019-12-31: -4545000 USD Inspect Operating Cash Flow Open source
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USD 2.41 million
Exact value

Exact value: 2411000 USD

2019-01-01 – 2019-12-31: 2411000 USD Inspect Capital Expenditure Open source
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−USD 6.96 million
Calculation and evidence

-4545000 − 2411000 USD

Exact free cash flow: -6956000 USD

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2020 2020-01-01 – 2020-12-31
−USD 136.45 million
Exact value

Exact value: -136450000 USD

2020-01-01 – 2020-12-31: -136450000 USD Inspect Net Income Open source
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−USD 47.84 million
Exact value

Exact value: -47838000 USD

2020-01-01 – 2020-12-31: -47838000 USD Inspect Operating Cash Flow Open source
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USD 1.43 million
Exact value

Exact value: 1425000 USD

2020-01-01 – 2020-12-31: 1425000 USD Inspect Capital Expenditure Open source
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−USD 49.26 million
Calculation and evidence

-47838000 − 1425000 USD

Exact free cash flow: -49263000 USD

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2021 2021-01-01 – 2021-12-31
−USD 30.53 million
Exact value

Exact value: -30526000 USD

2021-01-01 – 2021-12-31: -30526000 USD Inspect Net Income Open source
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−USD 25.84 million
Exact value

Exact value: -25840000 USD

2021-01-01 – 2021-12-31: -25840000 USD Inspect Operating Cash Flow Open source
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USD 39,000
Exact value

Exact value: 39000 USD

2021-01-01 – 2021-12-31: 39000 USD Inspect Capital Expenditure Open source
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−USD 25.88 million
Calculation and evidence

-25840000 − 39000 USD

Exact free cash flow: -25879000 USD

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2022 2022-01-01 – 2022-12-31
−USD 42.31 million
Exact value

Exact value: -42305000 USD

2022-01-01 – 2022-12-31: -42305000 USD Inspect Net Income Open source
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−USD 44.63 million
Exact value

Exact value: -44632000 USD

2022-01-01 – 2022-12-31: -44632000 USD Inspect Operating Cash Flow Open source
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USD 421,000
Exact value

Exact value: 421000 USD

2022-01-01 – 2022-12-31: 421000 USD Inspect Capital Expenditure Open source
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−USD 45.05 million
Calculation and evidence

-44632000 − 421000 USD

Exact free cash flow: -45053000 USD

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2023 2023-01-01 – 2023-12-31
USD 24.71 million
Exact value

Exact value: 24713000 USD

2023-01-01 – 2023-12-31: 24713000 USD Inspect Net Income Open source
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−USD 11.3 million
Exact value

Exact value: -11297000 USD

2023-01-01 – 2023-12-31: -11297000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
USD 10.5 million
Exact value

Exact value: 10498000 USD

2024-01-01 – 2024-12-31: 10498000 USD Inspect Net Income Open source
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USD 3.36 million
Exact value

Exact value: 3361000 USD

2024-01-01 – 2024-12-31: 3361000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
USD 30.53 million
Exact value

Exact value: 30528000 USD

2025-01-01 – 2025-12-31: 30528000 USD Inspect Net Income Open source
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USD 7.2 million
Exact value

Exact value: 7204000 USD

2025-01-01 – 2025-12-31: 7204000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

224 filings · 9,930 latest values · 9,930 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000928054, 928054, FTK, edgar:928054

Also known as FLOTEK INDUSTRIES INC/CN, FLOTEK INDUSTRIES INC/CN/, Flotek Industries, Inc.