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FTKFlotek Industries, Inc.
$22.40$675M
Overview & Verdict
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FTK logoFlotek Industries, Inc.(FTK)Earnings, Financials & Key Ratios

FTK•NYSE
$22.40
26.7× P/E·Price updated Jul 7, 2026
SectorEnergyIndustryOilfield ServicesSub-IndustryOilfield Chemicals and Consumables
AboutFlotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. It operates in two segments, Chemistry Technologies (CT) and Data Analytics (DA). The CT segment designs, develops, manufactures, packages, distributes, delivers, and markets green specialty chemicals that enhance the profitability of hydrocarbon producers and cleans surfaces in commercial and personal settings to help reduce the spread of bacteria, viruses, and germs. This segment primarily serves integrated oil and gas, oilfield services, independent oil and gas, national and state-owned oil, geothermal energy, solar energy, and alternative energy companies. The DA segment designs, develops, produces, sells, and supports equipment and services that create and provide valuable information on the composition and properties of energy customers' hydrocarbon fluids. This segment's data platforms combine the energy industry's field-deployable, inline optical analyzer with proprietary cloud visualization and analytics. It sells its products directly through a mix of in-house sales professionals, as well as contractual agency agreements. The company was incorporated in 1985 and is headquartered in Houston, Texas.Show more
  • Revenue$237M+26.9%
  • EBITDA$36M+177.2%
  • Net Income$31M+190.8%
  • EPS (Diluted)0.84+147.1%
  • Gross Margin24.44%+16.1%
  • EBITDA Margin15.29%+118.5%
  • Operating Margin11.86%+81.8%
  • Net Margin12.87%+129.2%
  • ROE26.9%+176.6%

FTK Price & Volume

Flotek Industries, Inc. (FTK) stock price & volume — 10-year historical chart

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Strategic Revenue Growth Faces Persistent Cash Volatility

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:High customer concentration dependency

Key Thesis Takeaways

  • Flotek Industries has successfully leveraged a key supply partnership to drive a 26.5% year-over-year revenue expansion as of 2026Q1, though the firm remains tethered to binary customer concentration risks.
  • While the company has significantly improved its balance sheet by reducing the debt-to-equity ratio to 0.06, the persistent inconsistency in cash conversion—highlighted by a -2.81 OCF/NI ratio in 2025Q2—suggests that reported profitability may not yet reflect sustainable free cash flow generation.
  • Investors should monitor whether the company can maintain its current operating margin of 10.8% while navigating the working capital demands inherent in its primary supply agreements.

Verdict Logic

while the company has scaled operating income to $7.6 million in 2026Q1, the high valuation multiples, including a forward P/E of 37.63, warrant caution given the historical volatility in free cash flow.

FTK Growth Metrics

Flotek Industries, Inc. (FTK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-3.37%
5 Years34.88%
3 Years20.36%
TTM24.72%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM108.24%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM73.33%

Return on Capital

10 Years-34.85%
5 Years-32.02%
3 Years22.83%
Last Year20.17%

FTK Recent Earnings

Flotek Industries, Inc. (FTK) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 5, 2026
Metric
Actual
Est
EPS
$0.12-7.7%
$0.13
Rev
$70M+11.1%
$63M
Q2 2026
Mar 11, 2026
Metric
Actual
Est
EPS
$0.08-46.7%
$0.15
Rev
$68M+26.1%
$54M
Q4 2025
Nov 4, 2025
Metric
Actual
Est
EPS
$0.20+33.3%
$0.15
Rev
$56M+5.0%
$53M
Q3 2025
Aug 5, 2025
Metric
Actual
Est
EPS
$0.16+23.1%
$0.13
Rev
$58M+11.4%
$52M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 5, 2026
$0.12vs $0.13-7.7%
$70Mvs $63M+11.1%
Q2 2026Mar 11, 2026
$0.08vs $0.15-46.7%
$68Mvs $54M+26.1%
Q4 2025Nov 4, 2025
$0.20vs $0.15+33.3%
$56Mvs $53M+5.0%
Q3 2025Aug 5, 2025
$0.16vs $0.13+23.1%
$58Mvs $52M+11.4%
Based on last 12 quarters of dataView full earnings history →

Latest FTK News

Recent stock market news and headlines for Flotek Industries, Inc. (FTK)

Seeking Alpha·Jun 18, 2026
Flotek Industries: Misunderstood By The Market, For Now

Flotek Industries offers an asymmetric growth opportunity, driven by its pivot to Data Analytics and behind-the-meter power supply markets. FTK's Data Analytics business, highlighted by JP3 units, delivered 300% YoY growth and now comprises half of profit contribution, fueling recent stock gains. The PWRtek contract in Montana marks FTK's entry into non-oilfield disaster response, with a pipeline targeting 150 units by end-2026 and potential for recurring revenue.

Peers Comparison

Key metrics vs top competitors for Flotek Industries, Inc. (FTK)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FTK logoFTKFlotek Industries, Inc.Current
$22.40$674.92M26.6726.86%12.87%26.9%—
NCSM logoNCSMNCS Multistage Holdings, Inc.
$45.01$118.13M5.2013.64%10.76%14.37%—
NINE logoNINENine Energy Service, Inc.
$10.70$463.43M-8.561.41%11.52%——
KLXE logoKLXEKLX Energy Services Holdings, Inc.
$2.48$49.38M-0.60-10.25%-11.67%——
WTTR logoWTTRSelect Water Solutions, Inc.
$18.65$2.1B93.25-3.08%1.54%2.21%—
SLB logoSLBSLB N.V.
$46.42$69.4B19.75-1.6%9.2%12.82%—

Compare FTK vs Peers

Flotek Industries, Inc. (FTK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NCSM

Most directly comparable listed peer for FTK.

Scale Benchmark

vs SLB

Larger-name benchmark to compare FTK against a more recognizable public peer.

Peer Set

Compare Top 5

vs NCSM, NINE, KLXE, WTTR

FTK SEC Filings & Documents

Flotek Industries, Inc. (FTK) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 5, 2026·SEC

Material company update

Mar 11, 2026·SEC

Material company update

Mar 3, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 16, 2026·SEC

FY 2025

Mar 12, 2025·SEC

FY 2024

Mar 15, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 7, 2026·SEC

FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 8, 2025·SEC

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FTK Frequently Asked Questions

Flotek Industries, Inc. (FTK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Flotek Industries, Inc.'s revenue?

Flotek Industries, Inc. (FTK) reported $252.0M in revenue for fiscal year 2025. This represents a 7819% increase from $3.2M in 1998.

How fast is Flotek Industries, Inc. growing?

Flotek Industries, Inc. (FTK) grew revenue by 26.9% over the past year. This is strong growth.

Is FTK profitable?

Yes, Flotek Industries, Inc. (FTK) is profitable, generating $29.8M in net income for fiscal year 2025 (12.9% net margin).

Dividend & Returns
What is FTK's return on equity?

Flotek Industries, Inc. (FTK) has a return on equity (ROE) of 26.9%. This is excellent, indicating efficient use of shareholder capital.

What is Flotek Industries, Inc.'s free cash flow?

Flotek Industries, Inc. (FTK) had negative free cash flow of $3.0M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in FTK back in 1998?

Total return calculator · dividends reinvested · 28+ years of data

See returns →