Flotek Industries, Inc. filings document the public-company record for a specialty chemistry and data technology issuer serving the energy industry. Form 8-K reports cover operating results, financial-condition updates, Regulation FD presentations, contract announcements, leadership changes and executive compensation matters.
Proxy materials describe board governance, shareholder voting matters, executive compensation and equity-incentive arrangements. Recent compensation disclosures include restricted stock units, performance-based restricted stock units and awards under the company’s 2018 Long-Term Incentive Plan, while exhibits and presentations provide formal records for Flotek’s Chemistry Technologies, Data Analytics and PWRtek-related business disclosures.
Flotek Industries, Inc. reported stronger Q1 2026 results, with total revenue of $70.1 million, up 27% from $55.4 million a year earlier. Growth was driven by higher sales under the ProFrac supply agreement and $7.3 million of new PWRtek-related rental revenue, partly offset by lower external chemistry product sales and lower Contract Shortfall Fees.
Net income was $4.7 million compared with $5.4 million, as higher gross profit of $15.5 million was offset by increased interest expense on the $40 million PWRtek note and higher selling, general and administrative costs. Basic earnings per share were $0.13, with diluted earnings per share of $0.12.
Data Analytics performance improved sharply, with segment operating income of $6.1 million versus a small loss a year ago, reflecting lease income from mobile power generation assets. Chemistry Technologies saw lower external revenue but higher related-party sales. Flotek ended the quarter with $5.7 million of cash, $4.7 million drawn on its $20 million asset-based loan and total stockholders’ equity of $118.2 million.
Flotek Industries reported strong Q1 2026 results, with total revenue of $70.1 million, up 27% from Q1 2025, driven by rapid growth in its Data Analytics segment. Gross profit rose to $15.5 million, a 25% increase, while Adjusted EBITDA grew 44% to $9.1 million, showing improved underlying profitability.
Net income was $4.7 million, down from $5.4 million a year earlier, and diluted EPS declined from $0.17 to $0.12, largely reflecting higher interest and tax expense. Data Analytics revenue jumped 295% to $10.4 million and contributed 50% of gross profit versus 8% in Q1 2025, helped by new power services contracts.
For 2026, Flotek guides to revenue of $270–$290 million and Adjusted EBITDA of $36–$41 million, implying mid‑teens growth versus 2025. Data Analytics momentum includes an expected Q2–Q4 2026 backlog of $34.1 million and more than $90 million of three‑year contracted revenue, with power services expected to be a key high‑margin, recurring growth driver.
Ibrahim Christina M reported acquisition or exercise transactions in this Form 4 filing.
Flotek Industries senior vice president and general counsel Christina M. Ibrahim reported compensation-related equity awards rather than market trades. On March 10, 2026, she received 8,357 Performance Based Restricted Stock Units, each tied to one share of common stock at a price of $0.00 per unit.
The same day she was granted 8,357 common shares, and on March 2, 2026, she received an additional 3,163 common shares, all at $0.00 per share as stock awards. Following these grants, she directly holds 11,520 common shares.
Footnotes explain that restricted stock units vest in three equal annual installments, and the performance-based units vest only if future Adjusted EBITDA and relative total shareholder return versus the Russell 2000 Index–Oil Equipment and Services meet specified thresholds over performance periods running from January 1, 2026 through December 31, 2027 and December 31, 2028, with continued employment required through year-end 2028.
Flotek Industries Inc. (FTK) executive Christina M. Ibrahim, who serves as SVP, General Counsel and Chief Compliance Officer, filed an initial Form 3 reporting her status as an officer of the company. The filing shows no reportable transactions or share holdings in this excerpt.
Flotek Industries, Inc. is asking shareholders to vote at its May 15, 2026 annual meeting on three items: electing seven directors, an advisory vote on executive pay, and ratifying KPMG LLP as auditor for 2026.
The Board will expand from six to seven members, with two new nominees, Katie Hill and Kevin McDonald, and continued service by CEO Ryan Ezell and Non-Executive Chairman Harsha Agadi. The company highlights that a majority of directors are independent and serves through four standing committees, including a Risk & Sustainability Committee overseeing enterprise and cybersecurity risk.
The proxy details extensive related-party arrangements with ProFrac entities, which collectively beneficially own 23,244,721 shares, or 60.6% of common stock, and hold contractual rights to board designees. These relationships include long-term chemical supply, minimum volume shortfall fees, warrants, a $107.5 million mobile power asset transaction, a $40 million secured note, and equipment lease and credit arrangements, all approved by independent directors or committees.
For 2025, named executive officers received base salary increases of 3% and performance-based bonuses at 117% of target, driven by exceeding revenue and Adjusted EBITDA goals, strong stock performance, and successful integration of the PWRtek acquisition. Long-term incentives combine time-vested and performance-based restricted stock units tied to relative total shareholder return and Adjusted EBITDA growth, aiming to align pay with shareholder outcomes.
Flotek Industries files its annual report describing a chemicals and data analytics business tied closely to oil and gas markets. In 2025 it closed the $107.5 million PWRtek asset deal with ProFrac affiliates, acquiring mobile power assets and leasing them back under a long-term agreement.
The ProFrac supply and lease agreements provided 62% of 2025 revenue, while the three largest customers contributed 76%, highlighting significant customer concentration. An OSP Agreement settles $27.4 million of 2025 Contract Shortfall Fees with $7.2 million in cash and a $12.5 million equipment credit.
The Data Analytics segment expects about $27.0 million of 2026 revenue from the Lease Agreement, versus $27.5 million of total DA revenue in 2025. Flotek reports 36,172,491 common shares outstanding as of March 13, 2026 and about 160 employees, and outlines extensive risks from commodity cycles, ProFrac reliance, regulation, climate policies and cybersecurity.
ProFrac GDM, LLC, a 10% owner of Flotek Industries, exercised a warrant on March 13, 2026 to acquire 6,000,000 shares of Common Stock. The warrant had a nominal exercise price of $0.0001 per share, and no warrants remain after this exercise.
The warrant was originally issued on April 28, 2025 under an Asset Purchase Agreement as partial consideration for ProFrac GDM’s sale of certain assets to a Flotek subsidiary. Flotek’s common stockholders had previously approved issuing the 6,000,000 underlying shares.
Flotek Industries reported strong 2025 results with significant growth across its business. Full-year revenue rose to $237.3 million from $187.0 million, while gross profit increased 52% to $59.8 million. Net income jumped to $30.5 million with diluted EPS of $0.84, up from $0.34.
Adjusted EBITDA, using a stricter revised methodology, more than doubled to $32.8 million. Data Analytics was a key driver, with 2025 segment revenue of $27.5 million, up 210%, and accounting for about 48% of fourth-quarter gross profit. Chemistry Technologies also grew annual revenue despite a lower frac fleet count.
Fourth-quarter 2025 revenue reached $67.5 million, but quarterly net income declined to $3.0 million from $4.4 million, mainly due to tax effects tied to a valuation allowance release. Flotek highlighted a large, high-margin backlog in power services, including an estimated $146 million recurring revenue stream through 2031, and its first infrastructure and utilities power contract expected to start in Q2 2026.
Flotek Industries announced its first contract in the utilities infrastructure sector, using its PWRtek platform to help install up to 50 megawatts of power generation and support equipment for a federally linked disaster recovery project in a region where a wind event severely damaged local power infrastructure.
The initial term of the contract is six months, expected to begin in the second quarter of 2026, with a customer option to extend for an additional four years at the same monthly rental rate. If the full 50 megawatts are deployed for the entire initial term, the company expects contract revenue of approximately $1 million per megawatt, with deployment ramping over several weeks after the start date.