Every 8-K that Flotek Industries, Inc. (FTK) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow FTK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FTK filings page.
Flotek Industries, Inc. (FTK) entered a senior secured credit agreement under which lenders funded $75.0 million of initial term loans on September 23, 2026. The agreement includes $15.0 million of committed initial delayed-draw loans, which FTK may request once after closing and on or before June 30, 2027, plus up to $30.0 million in additional delayed-draw commitments subject to Required Lenders’ approval through March 31, 2028. Draws require a Consolidated Leverage Ratio no higher than 2.00:1.00 after borrowing.
A portion of the net proceeds repaid all outstanding obligations under the PWRTEK Note; proceeds are expected to support capital expenditures, working capital and general corporate purposes. PC Energy exchanged $12.5 million of PWRTEK Note obligations for term loans through a cashless roll; it is an affiliate of ProFrac founders Dan Wilks and Farris Wilks, and the audit committee approved the transactions. Interest is Term SOFR, subject to a 2.50% floor, plus a 6.50% margin. Quarterly installments equal to 0.25% of each tranche’s aggregate initial principal begin two years after closing, with remaining principal due September 23, 2031. A 3.00:1.00 quarter-end leverage limit applies beginning with the first full fiscal quarter after closing. The existing asset-based loan was extended 12 months to October 31, 2027.
Flotek Industries, Inc. (FTK) raised its full-year 2026 guidance, citing continued strength in international chemistry sales and momentum in its data analytics business. The company now expects 2026 total revenue of $360 million to $370 million and Adjusted EBITDA of $50 million to $54 million, increased from prior ranges of $340 million to $350 million and $47 million to $51 million. At the new midpoints, revenue and Adjusted EBITDA would rise 54% and 58%, respectively, versus reported 2025 metrics.
For the second quarter of 2026, Flotek reported revenue of $99.4 million, up 70% from $58.4 million a year earlier, net income of $10.0 million versus $1.8 million, and Adjusted EBITDA of $16.8 million versus $8.0 million. International chemistry revenue was $10.6 million in the quarter and is expected to exceed $40 million during the second half of 2026, supported by work in Saudi Arabia. For 2025, Flotek reported net income of $30.5 million and Adjusted EBITDA of $32.8 million.
Flotek Industries, Inc. (FTK) reports that the Puerto Rico Electric Power Authority (PREPA) has delivered formal notice terminating the Power Purchase and Operating Agreement (PPOA) and the related PREPA Contract, effective immediately. Flotek had been assigned certain contractual responsibilities under this agreement in July 2026.
The PREPA Contract contemplated a 10-year term, with deployment of up to six pairs of PWRtek smart conditioning and distribution skids and up to 40 MW of primary power generation capacity within a 400 MW natural gas-fired project. At full deployment, Flotek had expected approximately $40 million in annual revenue and a potential $400 million 10-year revenue backlog from this contract. Flotek states that it has not generated any revenue, received any payments, or commenced equipment deployment under the PREPA Contract, and that the termination does not affect its previously issued 2026 financial guidance, which excluded any contribution from this project.
Flotek Industries, Inc. reported that its 10-year power services agreement supporting a 400 MW natural gas-fired project for the Puerto Rico Electric Power Authority faces significant uncertainty. The Financial Oversight and Management Board for Puerto Rico voted to revoke its approval of the power generation contract and directed PREPA to terminate it, and PREPA has ordered all consortium parties, including Flotek, to immediately halt work while it evaluates recent developments. The contract had been expected to involve deployment of up to 40 MW of Flotek’s PWRtek-based power generation capacity, generate approximately $40 million in annual revenue at full deployment, and create a potential 10-year revenue backlog of about $400 million. Flotek reaffirmed its previously raised full-year 2026 guidance for total revenue of $340–$350 million and Adjusted EBITDA of $47–$51 million, which already excluded any contribution from the PREPA Contract. The company highlights substantial execution and third-party risks across its emerging power services contracts, including a separate Utility Support Contract for up to 50 MW, and cautions that delays, terminations, or project failures could materially reduce or eliminate expected revenues.
Flotek Industries reported strong growth for the quarter ended June 30, 2026, with revenue of $99.4 million, up 70% from a year earlier. Gross profit was $23.8 million, or 24% of revenue. Net income rose to $10.0 million and diluted EPS to $0.26, while Adjusted EBITDA reached $16.8 million, a 109% increase. Related-party customers contributed $56.1 million of revenue versus $43.2 million from external customers.
Chemistry Technologies generated $80.2 million in quarterly revenue, including $10.6 million internationally, and Data Analytics delivered record revenue of $19.2 million, accounting for 51% of total gross profit. Based on first-half results, the company raised its 2026 guidance to total revenue of $340–$350 million and Adjusted EBITDA of $47–$51 million, excluding any impact from a newly awarded 10-year, ~$400 million Puerto Rico power services contract supporting a 400 MW gas power project.
Flotek Industries, Inc. announced it has been awarded a 10-year contract to support natural gas-fired grid enhancement initiatives for the Puerto Rico Electric Power Authority as part of a 400 MW emergency power generation project in Puerto Rico.
Under the agreement, Flotek expects a revenue backlog of approximately $400 million from rental of gas-fired generation equipment and deployment of its proprietary PWRtek platform, including up to 40 MW of primary generation and up to six pairs of smart conditioning and distribution skids. At full deployment, annual revenue is expected to be approximately $40 million. Support equipment deployment is expected to begin in the fourth quarter of 2026, with initial power generation equipment and skids by the end of the first quarter of 2027. The company notes that realizing these revenues depends on successful completion and operation of the overall 400 MW project, of which its scope represents approximately 10%, and is subject to permitting, fuel supply, financing, weather, and other project-level risks.
Flotek Industries, Inc. entered into a Third Amendment to its Revolving Loan and Security Agreement with Amerisource Funding, Inc., effective July 15, 2026. This amendment extends the loan’s maturity date to October 31, 2026 for Flotek and its subsidiaries Flotek Chemistry, LLC and JP3 Measurement, LLC.
The Third Amendment also gives the borrowers an option, upon at least thirty (30) days written notice before the maturity date, either to extend the term of the Loan Agreement for an additional twelve (12) months from October 31, 2026 or to terminate the agreement effective as of that date.
Flotek Industries, Inc. reported the results of its annual shareholder meeting. Shareholders elected all seven director nominees, approved the company’s executive compensation on a non-binding advisory basis, and ratified KPMG LLP as independent auditor for 2026.
A total of 27,175,681 common shares were represented in person or by proxy, equal to 75.1% of shares entitled to vote as of the March 20, 2026 record date, indicating strong participation in the company’s governance decisions.
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.
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.
Flotek Industries, Inc. announced that it has appointed Christina M. Ibrahim as Senior Vice President, General Counsel, Chief Compliance Officer, and Corporate Secretary, effective March 2, 2026. She joins the company with extensive legal, compliance, and operational leadership experience across the energy and wealth management sectors.
The company highlights her prior senior roles at Select Water Solutions, Avalon Advisors, Weatherford International, and Halliburton, noting her background in guiding complex global organizations through regulatory and strategic challenges. Flotek describes this hire as strengthening its leadership team as it pursues growth through chemistry and data technology solutions for the energy industry.
Flotek Industries, Inc. approved new equity awards for its Chief Executive Officer, Dr. Ryan Ezell, and Chief Financial Officer, J. Bond Clement. Dr. Ezell received 36,595 restricted stock units (RSUs) and 36,595 performance-based RSUs (PRSUs), while Mr. Clement received 16,635 RSUs and 16,635 PRSUs.
The RSUs vest in three equal annual installments starting on the first anniversary of the grant date, encouraging long-term retention. The PRSUs can vest in two equal parts based on performance: one part depends on earnings before interest, taxes, depreciation, and amortization (with specified adjustments) for January 1, 2026 to December 31, 2027, and the other part depends on total shareholder return relative to the Russell 2000 Index – Oil Equipment and Services from January 1, 2026 through December 31, 2028.
All awards were granted under the company’s 2018 Long-Term Incentive Plan, as amended, using standard form award agreements filed as exhibits.
Flotek Industries, Inc. (FTK) reported that its Compensation Committee approved new equity awards for Chief Executive Officer Dr. Ryan Ezell and Chief Financial Officer J. Bond Clement on November 19, 2025. Dr. Ezell received 39,532 time-based restricted stock units (RSUs) and 59,298 performance-based RSUs (PRSUs), while Mr. Clement received 17,969 RSUs and 26,953 PRSUs.
The RSUs vest in three equal annual installments starting on the first anniversary of the grant date, encouraging longer-term retention. The PRSUs can vest in two parts based on performance: up to half depends on the Company’s EBITDA (with certain adjustments) over the period from January 1, 2026 to December 31, 2026, with continued employment through December 31, 2027, and up to half depends on total shareholder return versus the Russell 2000 Index – Oil Equipment and Services from January 1, 2026 through December 31, 2027.
All awards were granted under Flotek’s 2018 Long-Term Incentive Plan, using standard RSU and PRSU award agreements filed as exhibits. This structure ties executive compensation to both internal profitability goals and relative stock performance over multi-year periods.
Flotek Industries, Inc. reported that on November 13, 2025, Amy Blakeway departed from her role as Senior Vice President, General Counsel and Corporate Secretary. Under her March 1, 2024 employment agreement, the company will treat this as a termination for convenience, meaning her departure is handled under the contract’s standard severance terms rather than for cause. The company expects to pay the severance benefits described in its 2025 definitive proxy statement, after she signs a release agreement in a form reasonably acceptable to the company.
Flotek Industries (FTK) filed an 8-K stating it issued a press release with financial results for the quarter ended September 30, 2025 and announced a conference call to discuss its financial and operating results. The press release is furnished as Exhibit 99.1.
The Company also posted an investor presentation on its website, attached as Exhibit 99.2. The information under Items 2.02 and 7.01 is being furnished, not filed, under the Exchange Act.