Flotek Industries, Inc. (FTK) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FTK SEC filings page.
Flotek Industries, Inc. (FTK) reported $293.0M in revenue over the twelve months to Jun 30, 2026, up 36.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Flotek’s profitability has recovered, but cash conversion remains weak as a more leveraged balance sheet supports expansion.
In FY2025, net income was$30.5M versus operating income of$23.2M , an unusual gap for an operating business. A$10.9M tax benefit helped widen it, while operating cash flow was only$7.2M , so reported earnings currently translate into much less cash than their headline size suggests.
Revenue expanded
Assets increased
Financial Health Signals
Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Flotek Industries, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Flotek Industries, Inc. has an operating margin of 9.8%, meaning the company retains $10 of operating profit per $100 of revenue. This results in a moderate score of 35/100, indicating healthy but not exceptional operating efficiency. This is up from 6.5% the prior year.
Flotek Industries, Inc.'s revenue surged 26.9% year-over-year to $237.3M, reflecting rapid business expansion. This strong growth earns a score of 72/100.
Flotek Industries, Inc. has a moderate D/E ratio of 0.35. This balance of debt and equity financing earns a leverage score of 40/100.
With a current ratio of 1.80, Flotek Industries, Inc. holds $1.80 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 67/100.
Not available for Flotek Industries, Inc., and counted as zero in the overall score.
Flotek Industries, Inc. earns a strong 27.0% return on equity (ROE), meaning it generates $27 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 65/100. This is up from 9.2% the prior year.
Flotek Industries, Inc. scores 5.09, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($929.1M) relative to total liabilities ($107.0M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Flotek Industries, Inc. passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Flotek Industries, Inc. generates $0.24 in operating cash flow ($7.2M OCF vs $30.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Flotek Industries, Inc. earns $5.90 in operating income for every $1 of interest expense ($23.2M vs $3.9M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Flotek Industries, Inc. generated $99.4M in revenue in Q2 2026. This represents an increase of 70.3% from the same quarter a year earlier. Against the prior quarter it is up 41.8%.
Flotek Industries, Inc.'s EBITDA was $15.6M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 421.4% from the same quarter a year earlier. Against the prior quarter it is up 88.8%.
Flotek Industries, Inc. reported $10.0M in net income in Q2 2026. This represents an increase of 463.0% from the same quarter a year earlier. Against the prior quarter it is up 113.4%.
Flotek Industries, Inc. earned $0.26 per diluted share (EPS) in Q2 2026. This represents an increase of 420.0% from the same quarter a year earlier. Against the prior quarter it is up 116.7%.
Cash & Balance Sheet
Flotek Industries, Inc. held $4.4M in cash against $40.0M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Flotek Industries, Inc.'s gross margin was 23.9% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.7 percentage points.
Flotek Industries, Inc.'s operating margin was 15.0% in Q2 2026, reflecting core business profitability. This is up 10.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.1 percentage points.
Flotek Industries, Inc.'s net profit margin was 10.0% in Q2 2026, showing the share of revenue converted to profit. This is up 7.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.4 percentage points.
Flotek Industries, Inc.'s ROE was 7.7% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 5.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.8 percentage points.
Capital Allocation
Flotek Industries, Inc. invested $497K in research and development in Q2 2026. This represents an increase of 9.2% from the same quarter a year earlier. Against the prior quarter it is up 25.5%.
Not reported for Q2 2026.
Not reported for Q2 2026.
FTK Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $99.4M+70.3% | $70.1M+26.5% | $67.5M+33.0% | $56.0M+12.6% | $58.4M+26.4% | $55.4M+37.1% | $50.8M+20.3% | $49.7M+5.2% |
| Cost of Revenue | $75.6M+72.0% | $54.5M+27.0% | $52.3M+36.0% | $38.2M-5.8% | $43.9M+18.8% | $42.9M+36.0% | $38.5M+17.5% | $40.6M+6.3% |
| Gross Profit | $23.8M+65.1% | $15.5M+24.8% | $15.2M+23.8% | $17.8M+95.0% | $14.4M+57.1% | $12.4M+41.1% | $12.3M+30.2% | $9.1M+0.8% |
| R&D Expenses | $497K+9.2% | $396K+11.5% | $463K+26.8% | $549K+18.8% | $455K-5.4% | $355K-12.6% | $365K+43.1% | $462K-39.0% |
| SG&A Expenses | $7.7M+13.8% | $6.9M+10.2% | $7.6M+14.4% | $7.4M+29.2% | $6.8M+8.2% | $6.3M+3.2% | $6.6M+2.0% | $5.7M-12.4% |
| Operating Income | $14.9M+475.4% | $7.6M+36.3% | $6.0M+16.4% | $9.1M+234.3% | $2.6M+16.4% | $5.6M+164.1% | $5.1M+112.4% | $2.7M+68.2% |
| EBITDA | $15.6M+421.4% | $8.3M+41.9% | $6.7M+23.9% | $9.7M+229.9% | $3.0M+22.1% | $5.8M+149.5% | $5.4M+104.5% | $2.9M+63.4% |
| Interest Expense | $1.4M+39.5% | $1.3M+481.7% | $1.4M+443.1% | $1.4M+427.7% | $983K+219.2% | $229K-17.6% | $253K-20.9% | $256K+60.0% |
| Income Tax | $3.6M+20964.7% | $1.6M+2414.1% | $1.7M+367.0% | -$12.6M-34186.5% | $17K+13.3% | $64K-73.6% | $355K+582.7% | $37K-54.3% |
| Net Income | $10.0M+463.0% | $4.7M-13.3% | $3.0M-31.7% | $20.4M+703.9% | $1.8M-10.4% | $5.4M+244.4% | $4.4M+110.6% | $2.5M+96.7% |
| EPS (Basic) | $0.28+460.0% | $0.13-27.8% | $0.07-53.3% | $0.57+533.3% | $0.05-28.6% | $0.18+260.0% | $0.15+400.0% | $0.09+125.0% |
| EPS (Diluted) | $0.26+420.0% | $0.12-29.4% | $0.06 | $0.53+562.5% | $0.05-16.7% | $0.17+240.0% | $0.14+75.0% | $0.08+100.0% |
| Diluted Shares (Avg) | 38M+6.2% | 38M+20.7% | N/A | 38M+23.4% | 36M+18.1% | 32M+4.7% | N/A | 31M+0.7% |
FTK Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $268.0M+55.6% | $231.8M+36.2% | $220.0M+28.8% | $212.7M+32.4% | $172.2M+10.4% | $170.2M+9.2% | $170.8M+8.4% | $160.6M+5.3% |
| Current Assets | $167.5M+92.9% | $125.8M+29.2% | $110.8M+14.8% | $100.0M+15.9% | $86.8M+9.9% | $97.3M+24.4% | $96.5M+26.2% | $86.3M+17.9% |
| Cash & Equivalents | $4.4M-12.5% | $5.7M-9.2% | $5.7M+30.1% | $4.6M-7.9% | $5.0M+5.3% | $6.3M+19.8% | $4.4M-24.7% | $5.0M+12.2% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $26.6M+116.4% | $14.3M+4.5% | $10.6M-20.1% | $13.2M+3.8% | $12.3M+1.3% | $13.7M-1.3% | $13.3M+3.6% | $12.7M-19.8% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $138.8M+38.3% | $113.7M+124.9% | $107.0M+88.0% | $102.2M+97.9% | $100.4M+101.6% | $50.5M-2.7% | $56.9M+2.4% | $51.6M-2.4% |
| Current Liabilities | $94.1M+72.2% | $68.7M+54.8% | $61.6M+22.3% | $56.5M+26.2% | $54.7M+28.3% | $44.4M-0.8% | $50.4M+5.4% | $44.7M-1.1% |
| Non-Current Liabilities | $44.7M-2.3% | $44.9M+633.1% | $45.4M+595.7% | $45.7M+561.9% | $45.7M+537.3% | $6.1M-14.5% | $6.5M-16.0% | $6.9M-10.0% |
| Long-Term Debt | $40.0M0.0% | $40.0M | $40.0M | $40.0M | $40.0M | N/A | $0-100.0% | $0-100.0% |
| Total Equity | $129.2M+79.8% | $118.2M-1.3% | $113.1M-0.7% | $110.5M+1.4% | $71.8M-32.4% | $119.7M+15.2% | $113.9M+11.7% | $109.0M+9.4% |
| Retained Earnings | -$271.2M+12.3% | -$281.1M+9.6% | -$285.8M+9.7% | -$288.8M+10.0% | -$309.2M+4.4% | -$310.9M+4.4% | -$316.3M+3.2% | -$320.7M+2.5% |
Not reported in any period shown, so not listed: Accounts Receivable, Goodwill.
FTK Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$6.6M-47.0% | $21K-99.7% | $6.2M+343.6% | -$1.9M-136.6% | -$4.5M-46.8% | $7.3M+88.1% | -$2.6M-25.1% | $5.1M+172.7% |
| Depreciation & Amortization | $703K+74.4% | $670K+165.9% | $669K+187.1% | $620K+176.8% | $403K+78.3% | $252K+12.5% | $233K+12.0% | $224K+21.7% |
| Stock-Based Compensation | N/A | $824K+78.7% | N/A | N/A | N/A | $461K+48.2% | N/A | N/A |
| Investing Cash Flow | -$237K+66.7% | -$1.0M-69.5% | -$287K+78.9% | -$388K-48.1% | -$711K-1553.5% | -$591K-288.8% | -$1.4M-177.9% | -$262K-12.4% |
| Financing Cash Flow | $5.5M+35.5% | $892K+118.5% | -$4.8M-250.0% | $1.8M+139.8% | $4.1M+54.5% | -$4.8M-9.5% | $3.2M-19.7% | -$4.6M-262.2% |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
FTK Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 23.9%-0.8pp | 22.2%-0.3pp | 22.5%-1.7pp | 31.7%+13.4pp | 24.7%+4.8pp | 22.5%+0.6pp | 24.2%+1.8pp | 18.3%-0.8pp |
| Operating Margin | 15.0%+10.5pp | 10.8%+0.8pp | 8.9%-1.3pp | 16.2%+10.8pp | 4.4%-0.4pp | 10.1%+4.8pp | 10.1%+4.4pp | 5.5%+2.0pp |
| Net Margin | 10.0%+7.0pp | 6.7%-3.1pp | 4.5%-4.3pp | 36.3%+31.2pp | 3.0%-1.2pp | 9.7%+5.8pp | 8.7%+3.7pp | 5.1%+2.4pp |
| Return on Equity | 7.7%+5.2pp | 4.0%-0.5pp | 2.7%-1.2pp | 18.4%+16.1pp | 2.5%+0.6pp | 4.5%+3.0pp | 3.9%+1.8pp | 2.3%+1.0pp |
| Return on Assets | 3.7%+2.7pp | 2.0%-1.2pp | 1.4%-1.2pp | 9.6%+8.0pp | 1.0%-0.2pp | 3.2%+2.2pp | 2.6%+1.3pp | 1.6%+0.7pp |
| Current Ratio | 1.78+0.2x | 1.83-0.4x | 1.80-0.1x | 1.77-0.2x | 1.59-0.3x | 2.19+0.4x | 1.92+0.3x | 1.93+0.3x |
| Debt-to-Equity | 0.31-0.2x | 0.34-0.1x | 0.35+0.4x | 0.36+0.4x | 0.56+0.6x | 0.42+0.4x | 0.000.0x | 0.000.0x |
| Asset Turnover | 0.370.0x | 0.300.0x | 0.310.0x | 0.260.0x | 0.340.0x | 0.33+0.1x | 0.300.0x | 0.310.0x |
Not reported in any period shown, so not listed: FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Flotek Industries, Inc. FTK | FY2025 | $237.3M | $30.5M | 12.9% | $929.1M | 47/100 |
| OIL STATES INTERNATIONAL, INC. OIS | FY2025 | $669.0M | -$109.4M | -16.4% | $492.8M | 44/100 |
| Natural Gas Services Group, Inc. NGS | FY2025 | $172.3M | $19.9M | 11.6% | $426.9M | 49/100 |
| Forum Energy Technologies, Inc. FET | FY2025 | $791.5M | -$9.7M | -1.2% | $970.7M | 43/100 |
| Ranger Energy Services, Inc. RNGR | FY2025 | $546.9M | $12.3M | 2.3% | $365.6M | 47/100 |
Where Flotek Industries, Inc. Ranks
Frequently Asked Questions
What is Flotek Industries, Inc.'s annual revenue?
Flotek Industries, Inc. (FTK) reported $237.3M in total revenue for fiscal year 2025. This represents a 26.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Flotek Industries, Inc.'s revenue growing?
Flotek Industries, Inc. (FTK) revenue grew by 26.9% year-over-year, from $187.0M to $237.3M in fiscal year 2025.
Is Flotek Industries, Inc. profitable?
Yes, Flotek Industries, Inc. (FTK) reported a net income of $30.5M in fiscal year 2025, with a net profit margin of 12.9%.
What is Flotek Industries, Inc.'s EBITDA?
Flotek Industries, Inc. (FTK) had EBITDA of $25.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Flotek Industries, Inc. have?
As of fiscal year 2025, Flotek Industries, Inc. (FTK) had $5.7M in cash and equivalents against $40.0M in long-term debt.
What is Flotek Industries, Inc.'s gross margin?
Flotek Industries, Inc. (FTK) had a gross margin of 25.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Flotek Industries, Inc.'s operating margin?
Flotek Industries, Inc. (FTK) had an operating margin of 9.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Flotek Industries, Inc.'s net profit margin?
Flotek Industries, Inc. (FTK) had a net profit margin of 12.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Flotek Industries, Inc.'s return on equity (ROE)?
Flotek Industries, Inc. (FTK) has a return on equity of 27.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Flotek Industries, Inc.'s operating cash flow?
Flotek Industries, Inc. (FTK) generated $7.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Flotek Industries, Inc.'s total assets?
Flotek Industries, Inc. (FTK) had $220.0M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Flotek Industries, Inc. spend on research and development?
Flotek Industries, Inc. (FTK) invested $1.8M in research and development during fiscal year 2025.
What is Flotek Industries, Inc.'s current ratio?
Flotek Industries, Inc. (FTK) had a current ratio of 1.80 as of fiscal year 2025, which is generally considered healthy.
What is Flotek Industries, Inc.'s debt-to-equity ratio?
Flotek Industries, Inc. (FTK) had a debt-to-equity ratio of 0.35 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Flotek Industries, Inc.'s return on assets (ROA)?
Flotek Industries, Inc. (FTK) had a return on assets of 13.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Flotek Industries, Inc.'s P/E ratio?
Flotek Industries, Inc. (FTK) trades at 24.5x earnings, its market capitalization divided by net income of $38.0M net income, trailing 12 months to June 30, 2026. The market capitalization is $929.1M as of Oct 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Flotek Industries, Inc.'s price-to-sales ratio?
Flotek Industries, Inc. (FTK) trades at 3.2x sales, its market capitalization divided by revenue of $293.0M revenue, trailing 12 months to June 30, 2026. The market capitalization is $929.1M as of Oct 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Flotek Industries, Inc.'s Altman Z-Score?
Flotek Industries, Inc. (FTK) has an Altman Z-Score of 5.09, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Flotek Industries, Inc.'s Piotroski F-Score?
Flotek Industries, Inc. (FTK) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Flotek Industries, Inc.'s earnings high quality?
Flotek Industries, Inc. (FTK) has an earnings quality ratio of 0.24x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Flotek Industries, Inc. cover its interest payments?
Flotek Industries, Inc. (FTK) has an interest coverage ratio of 5.90x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Flotek Industries, Inc.?
Flotek Industries, Inc. (FTK) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.