[8-K] FLOTEK INDUSTRIES INC/CN/ Reports Material Event

Rhea-AI Filing Summary

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.

Insights

Energy services and contracts analyst

Flotek secures a contingent, potentially sizable utilities power contract.

Flotek Industries has entered the utilities infrastructure space with a contract to coordinate up to 50 megawatts of power generation for federal disaster recovery support. Revenue over the six-month initial term depends on actual power requirements and the pace of equipment deployment.

The company states that if all 50 megawatts are deployed for the full initial term, expected revenue would be approximately $1 million per megawatt. The agreement also includes a customer option to extend for four years at the same monthly rate, which could lengthen the relationship if exercised.

Financial impact will ultimately hinge on the finalized capacity, the timing of scaling and deployment beginning in Q2 2026, and completion of technical, environmental, and operational assessments. Subsequent company communications may clarify realized megawatt levels and revenue contribution once these factors are defined.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

March 3, 2026

Date of Report (Date of earliest event reported)

Flotek Industries, Inc.

(Exact name of registrant as specified in its charter)

Delaware			001-13270			90-0023731
(State or Other Jurisdiction of Incorporation)			(Commission File Number)			(IRS Employer Identification No.)

5775 N. Sam Houston Parkway W., Suite 400 Houston, TX, 77086

(Address of principal executive office and zip code)

(713) 849-9911

(Registrant’s telephone number, including area code)

(Not applicable)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of Exchange on which registered
Common Stock, $0.0001 par value			FTK			NYSE

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01 Regulation FD Disclosure

On March 3, 2026, Flotek Industries, Inc. issued a press release announcing the entry into an agreement to coordinate the installation of up to 50 megawatts of power generation and related support equipment in connection with federal disaster recovery initiatives. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The information furnished pursuant to Item 7.01 of this Current Report on 8-K and in Exhibit 99.1 shall not be deemed to be “filed” for the purposes of Section 18 of the Exchange Act of 1934, as amended (the "Exchange Act"), is not subject to the liabilities of that section and is not deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.

Item 9.01 Financial Statements and Exhibits.

d) Exhibits.

Exhibit Number						Description
99.1						Press Release of Flotek Industries, Inc. dated March 3, 2026.
104						Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			FLOTEK INDUSTRIES, INC.
Date: March 3, 2026			/s/ Bond Clement
			Name:			Bond Clement
			Title:			Chief Financial Officer

Exhibit 99.1

Flotek Industries Awarded Its First Contract to Deliver Power Services for Utilities Infrastructure Support

HOUSTON, March 3, 2026 - Flotek Industries, Inc. (NYSE: FTK), a pioneer in advanced chemistry, data analytics, and innovative energy solutions, today announced its first contract within the utilities infrastructure sector. Leveraging its proprietary PWRtek platform, Flotek will partner with leading distributed power service providers to coordinate the installation of up to 50 megawatts (“MW”) of state-of-the-art power generation equipment, including advanced gas distribution and smart conditioning systems, to support critical federal disaster recovery initiatives. The impacted area was struck by a destructive wind event, which caused significant damage to local power infrastructure. This deployment harnesses real-time data analytics for unparalleled efficiency, ensuring resilient power that drives community recovery forward.

Highlights:

•Capacity & Services: Up to 50 MW of robust, scalable power integrated with Flotek's proprietary PWRtek advanced gas distribution and smart conditioning skids for seamless fuel management and real-time optimization.

•Contract Consideration: Revenue during the initial six-month term will be determined by the customer’s final power requirements, which may total up to 50 MW, as well as the timing of equipment scaling and deployment. If the full 50 MW were to be deployed for the entire six-month term, the Company expects contract revenue would total approximately $1 million per MW.

Equipment deployment is expected to ramp over several weeks following the designated contract start date, allowing for phased installation and operational integration. The Company will provide additional updates regarding anticipated power requirements, deployment timing, and expected financial impact upon completion of all required technical, environmental, and operational assessments.

•Duration: The six-month initial term is expected to begin during the second quarter of 2026 (with customer option to extend an additional 4 years at the same monthly rental rate).

Under the current contract, Flotek will supply and mobilize cutting-edge smart conditioning skids and advanced gas distribution equipment in support of deploying an up to 50 MW power solution. These proprietary components revolutionize fuel delivery: the smart conditioning skids automatically detect and neutralize liquid slugs or high-BTU contaminants, ensuring continuous, optimized performance with integrated BTU metering and emergency shutdown safeguards; while, the gas distribution skid provides independent fuel control to each genset, allowing seamless maintenance without interrupting the power flow and guaranteeing uptime

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even in harsh conditions. This powerhouse setup will energize a newly constructed residential location and support local critical infrastructure.

“This contract is a major milestone showcasing Flotek’s expertise in delivering large-scale, high-reliability utilities infrastructure support under tough conditions,” said Ryan Ezell, CEO of Flotek Industries. “Combining powerful natural gas powered gensets with our proprietary PWRtek platform—featuring smart conditioning skids, real-time analytics, and advanced gas distribution—we’re providing a safe, efficient, high-uptime solution built for critical power recovery. This opportunity highlights strong demand for our advanced power technologies in emergency and infrastructure markets as we continue to advance our corporate strategy through the convergence of real-time data and chemistry solutions.”

Flotek's PWRtek platform, known for integrating advanced data analytics with robust power generation, will facilitate efficient operations and real-time monitoring to maximize system performance and minimize downtime.

About Flotek Industries, Inc.

Flotek Industries, Inc. is a leading chemistry and data technology company focused on servicing the Energy industry. The Company’s technologies leverage near real-time data to deliver innovative solutions to maximize customer returns. Flotek has an intellectual property portfolio of over 130 patents, over 20 years of field and laboratory data, and a global presence in more than 59 countries.

Flotek has established collaborative partnerships focused on sustainable and optimized chemistry and data solutions, aiming to reduce the environmental impact of energy on land, air, water and people.

Flotek is based in Houston, Texas and its common shares are traded on the New York Stock Exchange under the ticker symbol “FTK.” For additional information, please visit www.flotekind.com.

Forward-Looking Statements

Certain statements set forth in this press release constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). These statements include, without limitation, statements regarding Flotek Industries, Inc.’s business, financial condition, results of operations and prospects, as well as statements regarding the expected revenues to be received under the contract, the total term of the contract, the timing of the scaling and deployment of the equipment under the contract, the total power capacity and operating performance of the equipment once deployed, and the Company’s ability to perform under and satisfy the terms and conditions of the contract. Words such as will, continue, expects, anticipates, intends, plans, believes, seeks, estimates and similar expressions or variations of such words are intended to identify forward-

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looking statements, but are not the exclusive means of identifying forward-looking statements in this press release. Although forward-looking statements in this press release reflect the good faith judgment of management, such statements can only be based on facts and factors currently known to management. Consequently, forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Further information about the risks and uncertainties that may impact the Company are set forth in the Company’s most recent filing with the Securities and Exchange Commission on Form 10-K (including, without limitation, in the “Risk Factors” section thereof), and in the Company’s other SEC filings and publicly available documents. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this press release.

Investor contact:

Mike Critelli

Director of Finance & Investor Relations

E: ir@flotekind.com

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FAQ

What contract did Flotek Industries (FTK) announce in its latest 8-K?

Flotek Industries announced its first contract in the utilities infrastructure sector, using its PWRtek platform to coordinate installation of up to 50 megawatts of power generation equipment supporting federal disaster recovery efforts after a destructive wind event damaged local power systems.

How large is the new Flotek (FTK) power services contract in megawatts?

The contract covers installation of up to 50 megawatts of power generation and related equipment. This capacity will support a newly constructed residential area and critical infrastructure as part of federal disaster recovery initiatives in a region impacted by severe wind-related damage.

What revenue could Flotek (FTK) earn from the new power contract?

Flotek states that if the full 50 megawatts are deployed for the entire six-month initial term, it expects contract revenue of approximately $1 million per megawatt. Actual revenue depends on final power requirements and the timing of equipment scaling and deployment.

What is the term and extension option for Flotek’s new utilities contract?

The contract has a six-month initial term expected to begin in the second quarter of 2026. The customer holds an option to extend the agreement for an additional four years at the same monthly rental rate, potentially turning this into a multi‑year engagement if exercised.

How will Flotek’s PWRtek technology be used in the new 50 MW project?

Flotek’s PWRtek platform will integrate advanced gas distribution and smart conditioning skids with real-time data analytics. These systems manage fuel quality, optimize performance, and allow independent control of each generator set to maintain uptime, even during maintenance activities or harsh operating conditions.

When will equipment deployment start under Flotek’s new power services contract?

The six-month initial term is expected to begin during the second quarter of 2026, with equipment deployment ramping over several weeks after the designated contract start date. This phased approach allows for staged installation and operational integration as technical, environmental, and operational assessments are completed.

Filing Exhibits & Attachments

5 documents

Press Releases

• EX-99.1 EX-99.1 14.4 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2.0 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT 3.6 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 22.8 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 14.8 KB