FLOTEK INDUSTRIES INC/CN/ FTK

Healthcare SIC 2890 - Miscellaneous Chemical Products NAICS Manufacturing › Chemical Manufacturing derived NYSE

Flotek strives to be the collaborative partner of choice for solutions that reduce the environmental impact of energy on air, water, land and people. An advanced technology-driven, chemical and data analytics company, Flotek seeks to provide unique and innovative solutions to its customers in both the domestic and international energy markets. The Company is committed to delivering products and services that endeavor to maximize customer returns by leveraging chemistry as the common value creation platform.

The Company's Chemistry Technologies ("CT") segment designs, develops, manufactures, packages, distributes and markets optimized chemistry solutions that we believe help customers improve their return on invested capital, lower operational costs and realize tangible environmental benefits aimed at enhancing the profitability of hydrocarbon producers.

Last close 23.90 2026-10-23
Market cap $865.7M 2026-06-30 share count
52-week range 13.19 - 39.67

Valuation FY2025 figures against the last close

P/S3.6x
P/E28.5x
P/FCF120.2x
EV/EBITDA35.9x
Dividend yield—
Diluted EPS0.84

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $237.3M$187.0M$188.1M$136.1M$39.6M$53.1M$119.4M$177.8M$243.1M$188.2M
Cost of revenue $177.4M$147.6M$163.8M$142.8M$40.0M$81.8M——$215.1M$170.3M
Gross profit $59.8M$39.4M$24.3M-$6.7M$3.3M-$28.7M——$28.0M$90.7M
R&D $1.8M$1.7M$2.5M$4.4M$5.5M$7.2M$8.9M$10.4M$13.1M$9.3M
SG&A $28.0M$24.7M$27.8M$27.1M$20.2M$22.8M$28.0M$31.5M$41.5M$43.7M
Total operating expenses $36.6M$27.2M$1.0M$28.7M$34.7M$115.0M$194.9M$247.6M$253.4M$205.2M
Operating income $23.2M$12.2M$23.2M-$35.4M-$31.5M-$143.6M-$75.5M-$69.8M-$10.3M-$17.0M
Interest expense $3.9M$1.1M$2.9M$7.1M$78.0K$60.0K$2.0M$2.9M$2.2M$2.0M
Pre-tax income $19.7M$11.1M$24.9M-$42.3M-$30.6M-$142.6M-$75.8M-$80.7M-$11.4M-$6.7M
Income tax $10.9M$649.0K$149.0K$22.0K$40.0K$6.2M$262.0K$7.2M$6.1M$2.2M
Net income $30.5M$10.5M$24.7M-$42.3M-$30.5M-$136.4M-$33.9M-$70.3M-$27.4M-$49.1M
EPS, basic 0.900.361.00-3.41-0.42-2.00-0.55-1.21-0.47-0.88
EPS, diluted 0.840.34-0.10-3.41-0.42-2.00-0.57-1.21-0.47-0.88
Shares, diluted (wtd. avg.) 36.2M30.9M28.4M12.4M73.4M68.3M58.8M58.0M57.6M56.1M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $5.7M$4.4M$5.9M$12.3M$11.5M$38.7M$100.6M$3.0M$4.6M$4.8M
Receivables ———$19.1M$12.0M$11.8M$15.6M$37.0M$34.9M$47.2M
Inventory $10.6M$13.3M$12.8M$15.7M$9.5M$11.8M$23.2M$27.3M$32.5M$58.3M
Total current assets $110.8M$96.5M$76.4M$80.1M$42.6M$66.5M$153.9M$194.8M$137.9M$188.6M
Property, plant and equipment ——————$39.8M$45.5M$52.8M$74.7M
Goodwill ————$0$8.1M$0$0$37.2M$56.7M
Other intangibles ——————$20.3M$26.8M$22.0M$50.4M
Total assets $220.0M$170.8M$157.5M$164.8M$50.2M$86.2M$230.6M$285.9M$329.9M$383.2M
Accounts payable $48.3M$38.1M$31.7M$33.4M$7.6M$5.8M$16.2M$15.0M$10.4M$30.0M
Short-term debt ————$1.4M$4.0M$0$49.7M$27.9M$40.6M
Total current liabilities $61.6M$50.4M$47.8M$151.4M$18.8M$28.9M$41.3M$84.3M$64.6M$87.7M
Long-term debt $40.0M$0$60.0K$2.7M$3.4M$1.6M$0—$0$7.8M
Total liabilities $107.0M$56.9M$55.6M$162.2M$30.1M$39.0M$58.6M$84.3M$64.6M$95.5M
Retained earnings -$285.8M-$316.3M-$326.8M-$351.5M-$309.2M-$278.7M-$142.2M-$107.6M-$37.2M-$9.8M
Total equity $113.1M$113.9M$102.0M$2.6M$20.2M$47.2M$172.0M$202.0M$265.3M$287.7M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $7.2M$3.4M-$11.3M-$44.6M-$25.8M-$47.8M-$4.5M-$20.8M$12.3M$1.2M
Depreciation and amortisation $1.8M$891.0K$734.0K$734.0K$1.0M$2.5M$6.5M$9.2M$9.8M$8.2M
Stock-based compensation $2.3M$1.4M-$254.0K$3.3M$3.8M$3.0M$4.2M$7.0M$10.6M$11.4M
Capital expenditure ———$421.0K$39.0K$1.4M$2.4M$3.6M$4.2M$13.1M
Investing cash flow -$2.0M-$1.8M-$1.0M$5.3M$112.0K-$17.7M$152.7M-$2.1M$14.5M-$21.4M
Financing cash flow -$3.7M-$3.1M$5.9M$38.3M-$372.0K$3.7M-$50.0M$21.5M-$27.3M$22.9M
Buybacks ——————$0$0$5.2M$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000928054-26-000020.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -200M -100M 0 100M 200M 300M Revenue, FY2016: 188.2M Gross profit, FY2016: 90.7M Net income, FY2016: -49.1M Revenue, FY2017: 243.1M Gross profit, FY2017: 28M Net income, FY2017: -27.4M Revenue, FY2018: 177.8M Net income, FY2018: -70.3M Revenue, FY2019: 119.4M Net income, FY2019: -33.9M Revenue, FY2020: 53.1M Gross profit, FY2020: -28.7M Net income, FY2020: -136.4M Revenue, FY2021: 39.6M Gross profit, FY2021: 3.3M Net income, FY2021: -30.5M Revenue, FY2022: 136.1M Gross profit, FY2022: -6.7M Net income, FY2022: -42.3M Revenue, FY2023: 188.1M Gross profit, FY2023: 24.3M Net income, FY2023: 24.7M Revenue, FY2024: 187M Gross profit, FY2024: 39.4M Net income, FY2024: 10.5M Revenue, FY2025: 237.3M Gross profit, FY2025: 59.8M Net income, FY2025: 30.5M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $188.2M $243.1M $177.8M $119.4M $53.1M $39.6M $136.1M $188.1M $187.0M $237.3M
Gross profit $90.7M $28.0M — — -$28.7M $3.3M -$6.7M $24.3M $39.4M $59.8M
Net income -$49.1M -$27.4M -$70.3M -$33.9M -$136.4M -$30.5M -$42.3M $24.7M $10.5M $30.5M

Recent filings and events

  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Other event Item 8.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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