Flotek Industries Inc (FTK) Financial Statements
Industry: Miscellaneous Chemical Products
In fiscal 2025, Flotek Industries reported revenue of $237.3M, up 26.9% from $187.0M the year before. Net income was $30.5M (a 12.9% net margin), or $0.84 per diluted share. Gross margin was 25.2% and operating margin was 9.8%. Operating activities generated $7.2M of cash. At fiscal year end, Flotek Industries held $220.0M in total assets against $107.0M in total liabilities, including $5.7M of cash and equivalents.
Open the full interactive Flotek Industries financials → Quarterly statements, key ratios, valuation history and price charts.
Flotek Industries Key Stats
| Share Price | $27.07 |
|---|---|
| Market Cap | $1.04B |
| P/E Ratio | 32.2 |
| Revenue YoY Growth | +26.9% |
| 52-Week Range | $13.47 – $38.82 |
| Shares Outstanding | 36.2 million (basic, 2026 Q2) |
Flotek Industries Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $53.1M | $43.3M | $136.1M | $188.1M | $187.0M | $237.3M |
| Cost of Goods Sold | $196.8M | $40.0M | $142.8M | $163.8M | $147.6M | $177.4M |
| Gross Profit | -$143.6M | $3.3M | -$6.7M | $24.3M | $39.4M | $59.8M |
| Operating Income | -$143.6M | -$31.5M | -$35.4M | $23.2M | $12.2M | $23.2M |
| Pre-Tax Income | -$142.6M | -$30.6M | -$42.3M | $24.9M | $11.1M | $19.7M |
| Income Tax | -$6.2M | -$40,000 | -$22,000 | $149,000 | $649,000 | -$10.9M |
| Net Income | -$136.4M | -$30.5M | -$42.3M | $24.7M | $10.5M | $30.5M |
| Diluted EPS | -$12.00 | -$2.52 | -$3.42 | -$0.10 | $0.34 | $0.84 |
Flotek Industries Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $56.0M | $67.5M | $70.1M | $99.4M |
| Net Income | $20.4M | $3.0M | $4.7M | $10.0M |
| Diluted EPS | $0.53 | $0.08 | $0.12 | $0.26 |
Flotek Industries Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $38.7M | $11.5M | $12.3M | $5.9M | $4.4M | $5.7M |
| Current Assets | $66.5M | $42.6M | $81.1M | $76.4M | $96.5M | $110.8M |
| Total Assets | $86.2M | $50.2M | $164.8M | $157.5M | $170.8M | $220.0M |
| Current Liabilities | $28.9M | $18.8M | $151.4M | $47.8M | $50.4M | $61.6M |
| Total Long-Term Debt | $5.7M | $4.8M | $2.7M | $239,000 | — | $40.0M |
| Total Liabilities | $39.0M | $30.1M | $162.2M | $55.6M | $56.9M | $107.0M |
| Shareholders' Equity | $47.2M | $20.2M | $2.6M | $102.0M | $113.9M | $113.1M |
Flotek Industries Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$47.8M | -$25.8M | -$44.6M | -$11.3M | $3.4M | $7.2M |
| Cash From Investing | — | $112,000 | $5.3M | -$1.0M | -$1.8M | -$2.0M |
| Cash From Financing | $3.7M | -$372,000 | $38.3M | $5.9M | -$3.1M | -$3.7M |
| Free Cash Flow | -$49.3M | -$25.9M | -$45.1M | — | — | — |
Figures from Flotek Industries' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Flotek Industries financials page for every line item.
Flotek Industries Company Profile
| Ticker | FTK |
|---|---|
| Exchange | NYSE |
| Industry | Miscellaneous Chemical Products |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0000928054 |
Frequently Asked Questions
What was Flotek Industries' revenue in fiscal 2025?
Flotek Industries (FTK) reported revenue of $237.3M for fiscal 2025.
What is Flotek Industries' annual revenue history?
Flotek Industries' annual revenue by fiscal year: 2020: $53.1M; 2021: $43.3M; 2022: $136.1M; 2023: $188.1M; 2024: $187.0M; 2025: $237.3M.
What was Flotek Industries' net income in fiscal 2025?
Flotek Industries reported net income of $30.5M for fiscal 2025.
What was Flotek Industries' earnings per share (EPS) in fiscal 2025?
Flotek Industries' diluted EPS was $0.84 for fiscal 2025 (adjusted for any later stock splits).
What was Flotek Industries' revenue last quarter?
In its most recent reported quarter (2026 Q2), Flotek Industries reported revenue of $99.4M.
How much debt does Flotek Industries have?
Flotek Industries reported $40.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Flotek Industries are outstanding?
Flotek Industries reported a weighted average of 36.2 million basic shares outstanding in 2026 Q2.
What is Flotek Industries' market cap?
Based on its latest closing price, Flotek Industries (FTK) has a market capitalization of about $1.04B.
When does Flotek Industries' fiscal year end?
Flotek Industries' fiscal year end, as registered with the SEC, is December 31.
Where is Flotek Industries headquartered?
Flotek Industries lists its business address in Houston, Texas in its SEC filings.