FTK · Flotek Industries Inc/Cn/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $70.05M | - | $56.03M | $58.35M | $55.36M | - | $49.74M | $46.15M | $40.37M | - |
| Cost of Revenue | $54.51M | - | $38.25M | $43.94M | $42.91M | - | $40.62M | $36.98M | $31.55M | - |
| Gross Profit | $15.54M | - | $17.78M | $14.41M | $12.45M | - | $9.12M | $9.17M | $8.82M | - |
| R&D | $396.0K | - | $549.0K | $455.0K | $355.0K | - | $462.0K | $481.0K | $406.0K | - |
| SG&A | $6.92M | - | $7.38M | $6.80M | $6.28M | - | $5.71M | $6.26M | $6.08M | - |
| Total Operating Expenses | $7.95M | - | $8.68M | $11.82M | $6.88M | - | $6.40M | $6.95M | $6.71M | - |
| D&A | $631.0K | - | $581.0K | $374.0K | $252.0K | - | $220.0K | $222.0K | $220.0K | - |
| Operating Income | $7.59M | - | $9.10M | $2.59M | $5.57M | - | $2.72M | $2.22M | $2.11M | - |
| Interest Expense | $1.33M | - | $1.35M | $983.0K | $278.0K | - | $256.0K | $705.0K | $278.0K | - |
| Income Tax | $1.61M | - | ($12.61M) | $17.0K | $64.0K | - | $37.0K | $15.0K | $242.0K | - |
| Net Income | $4.66M | - | $20.36M | $1.77M | $5.38M | - | $2.53M | $1.97M | $1.56M | - |
| EPS - Basic | $0.13 | - | $0.57 | $0.05 | $0.18 | - | $0.09 | $0.07 | $0.05 | - |
| EPS - Diluted | $0.12 | - | $0.53 | $0.05 | $0.17 | - | $0.08 | $0.06 | $0.05 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.68M | $5.73M | $4.60M | $5.03M | $6.25M | $4.40M | $5.00M | $4.78M | $5.22M | $5.85M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $14.30M | $10.63M | $13.23M | $12.30M | $13.69M | $13.30M | $12.74M | $12.14M | $13.87M | $12.84M |
| Accounts Payable | $52.57M | $48.32M | $35.07M | $36.35M | $38.97M | $38.07M | $37.40M | $31.75M | $35.95M | $31.70M |
| Current Assets | $125.79M | $110.78M | $100.02M | $86.83M | $97.35M | $96.46M | $86.29M | $79.00M | $78.27M | $76.45M |
| Total Assets | $231.84M | $220.05M | $212.69M | $172.24M | $170.24M | $170.80M | $160.65M | $156.04M | $155.85M | $157.51M |
| Current Liabilities | $68.73M | $61.58M | $56.48M | $54.68M | $44.40M | $50.37M | $44.74M | $42.63M | $44.78M | $47.78M |
| Long-term Debt | $40.00M | $40.00M | $40.00M | $40.00M | - | $0 | $0 | $0 | $15.0K | $60.0K |
| Total Liabilities | $113.67M | $106.99M | $102.19M | $100.39M | $50.53M | $56.90M | $51.64M | $49.81M | $51.95M | $55.55M |
| Stockholders' Equity | $118.17M | $113.06M | $110.50M | $71.85M | $119.70M | $113.90M | $109.01M | $106.23M | $103.90M | $101.96M |
| Retained Earnings | ($281.12M) | ($285.78M) | ($288.81M) | ($309.16M) | ($310.93M) | ($316.31M) | ($320.74M) | ($323.27M) | ($325.24M) | ($326.81M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $21.0K | - | - | - | $7.31M | - | - | - | $3.89M | - |
| Investing Cash Flow | ($1.00M) | - | - | - | ($591.0K) | - | - | - | ($152.0K) | - |
| Financing Cash Flow | $892.0K | - | - | - | ($4.83M) | - | - | - | ($4.41M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 22.2% | - | 31.7% | 24.7% | 22.5% | - | 18.3% | 19.9% | 21.8% | - |
| Operating margin | 10.8% | - | 16.2% | 4.4% | 10.1% | - | 5.5% | 4.8% | 5.2% | - |
| EBITDA margin | 11.7% | - | 17.3% | 5.1% | 10.5% | - | 5.9% | 5.3% | 5.8% | - |
| Net margin | 6.7% | - | 36.3% | 3.0% | 9.7% | - | 5.1% | 4.3% | 3.9% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | 0.6% | - | 1.0% | 0.8% | 0.6% | - | 0.9% | 1.0% | 1.0% | - |
| SG&A / Revenue | 9.9% | - | 13.2% | 11.6% | 11.3% | - | 11.5% | 13.6% | 15.1% | - |
| Effective tax rate | 25.6% | - | -162.9% | 1.0% | 1.2% | - | 1.4% | 0.8% | 13.4% | - |
| Return on assets | 2.0% | - | 9.6% | 1.0% | 3.2% | - | 1.6% | 1.3% | 1.0% | - |
| Return on equity | 3.9% | - | 18.4% | 2.5% | 4.5% | - | 2.3% | 1.9% | 1.5% | - |
| Return on invested capital | 3.6% | - | 6.0% | 2.3% | - | - | 2.5% | 2.1% | 1.8% | - |
| Liquidity | ||||||||||
| Current ratio | 1.83 | 1.80 | 1.77 | 1.59 | 2.19 | 1.92 | 1.93 | 1.85 | 1.75 | 1.60 |
| Quick ratio | 1.62 | 1.63 | 1.54 | 1.36 | 1.88 | 1.65 | 1.64 | 1.57 | 1.44 | 1.33 |
| Cash ratio | 0.08 | 0.09 | 0.08 | 0.09 | 0.14 | 0.09 | 0.11 | 0.11 | 0.12 | 0.12 |
| Leverage | ||||||||||
| Debt / Equity | 0.34 | 0.35 | 0.36 | 0.56 | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / Assets | 0.17 | 0.18 | 0.19 | 0.23 | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt / EBITDA | 4.87 | - | 4.13 | 13.51 | - | - | 0.00 | 0.00 | 0.01 | - |
| Interest coverage | 5.7x | - | 6.7x | 2.6x | 20.0x | - | 10.6x | 3.2x | 7.6x | - |
| Equity multiplier | 1.96 | 1.95 | 1.92 | 2.40 | 1.42 | 1.50 | 1.47 | 1.47 | 1.50 | 1.54 |
| Liabilities / Assets | 0.49 | 0.49 | 0.48 | 0.58 | 0.30 | 0.33 | 0.32 | 0.32 | 0.33 | 0.35 |
| Efficiency | ||||||||||
| Asset turnover | 0.30 | - | 0.26 | 0.34 | 0.33 | - | 0.31 | 0.30 | 0.26 | - |
| Inventory turnover | 3.81 | - | 2.89 | 3.57 | 3.13 | - | 3.19 | 3.05 | 2.27 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 96d | - | 126d | 102d | 116d | - | 115d | 120d | 160d | - |
| Days payable outstanding | 352d | - | 335d | 302d | 331d | - | 336d | 313d | 416d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 141.4x | - | 27.5x | 295.2x | 49.0x | - | 62.3x | 81.8x | 74.8x | - |
| P / B | 5.5x | - | 5.0x | 7.4x | 2.2x | - | 1.4x | 1.4x | 1.1x | - |
| P / S | 9.3x | - | 9.9x | 9.2x | 4.8x | - | 3.1x | 3.3x | 2.8x | - |
| EV / EBITDA | 83.3x | - | 61.2x | 192.4x | 44.4x | - | 50.6x | 59.7x | 46.5x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 26.5% | - | 12.6% | 26.4% | 37.1% | - | 5.2% | -8.8% | -15.9% | - |
| Revenue CAGR (3y) | 13.4% | - | 7.1% | 25.7% | 62.6% | - | 69.7% | 71.4% | 50.8% | - |
| Revenue CAGR (5y) | 42.9% | - | 34.5% | 45.7% | 23.3% | - | 17.9% | 5.9% | -1.4% | - |
| Gross profit growth (YoY) | 24.8% | - | 95.0% | 57.1% | 41.1% | - | 0.8% | 134.9% | 369.2% | - |
| Operating income growth (YoY) | 36.3% | - | 234.3% | 16.4% | 164.1% | - | 68.2% | 230.7% | -88.6% | - |
| Net income growth (YoY) | -13.3% | - | 703.9% | -10.4% | 244.4% | - | 96.7% | - | -92.7% | - |
| EPS growth (YoY) | -29.4% | - | 562.5% | -16.7% | 240.0% | - | 100.0% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | 100.0% | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | -38.5% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -1.3% | -0.7% | 1.4% | -32.4% | 15.2% | 11.7% | 9.4% | 8.4% | 81.8% | 3827.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$90.44M totalChemistry Technologies Segment$79.56M · 88.0%
Data Analytics Segment$10.87M · 12.0%
Product / service
$237.26M totalProduct$213.49M · 90.0%
Rental$16.14M · 6.8%
Service$7.64M · 3.2%
Geographic
$237.26M totalUS$225.95M · 95.2%
AE$9.95M · 4.2%
Non Us$1.36M · 0.6%
Peer comparison
Same SIC group: Miscellaneous Chemical Products
Comparing FLOTEK INDUSTRIES INC/CN/ against the 5 most active filers in the same SIC group.