Flotek Industries, Inc. (FTK) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 70.05M | 67.52M | 56.03M | 58.35M | 55.36M | 50.76M | 49.74M | 46.15M | 40.37M | 42.19M | 47.27M | 50.59M | 48.01M | 48.22M | 45.62M | 29.37M | 12.88M | 12.15M | 10.18M | 9.16M |
| Revenue Growth % | 26.53% | 33.02% | 12.64% | 26.43% | 37.12% | 20.31% | 5.23% | -8.78% | -15.9% | -12.51% | 3.61% | 72.25% | 272.75% | 296.73% | 348.21% | 220.49% | 9.42% | 0.4% | -20.1% | 3.21% |
| Cost of Goods Sold | 54.51M | 52.95M | 38.83M | 43.94M | 42.91M | 38.48M | 40.62M | 36.98M | 31.55M | 32.76M | 38.22M | 46.69M | 46.13M | 49.74M | 47.47M | 31.68M | 13.36M | 39.22M | 4.25M | 10.78M |
| COGS % of Revenue | 77.81% | 78.43% | 69.3% | 75.31% | 77.51% | 75.81% | 81.67% | 80.13% | 78.15% | 77.65% | 80.86% | 92.28% | 96.08% | 103.15% | 104.04% | 107.85% | 103.72% | 322.68% | 41.8% | 117.57% |
| Gross Profit | 15.54M | 14.56M | 17.2M | 14.41M | 12.45M | 12.28M | 9.12M | 9.17M | 8.82M | 9.43M | 9.05M | 3.9M | 1.88M | -1.52M | -1.84M | -2.31M | -479K | -27.07M | 5.92M | -1.61M |
| Gross Margin % | 22.19% | 21.57% | 30.7% | 24.69% | 22.49% | 24.19% | 18.33% | 19.87% | 21.85% | 22.35% | 19.14% | 7.72% | 3.92% | -3.15% | -4.04% | -7.85% | -3.72% | -222.68% | 58.2% | -17.57% |
| Gross Profit Growth % | 24.84% | 18.63% | 88.64% | 57.11% | 41.13% | 30.2% | 0.8% | 134.89% | 369.2% | 720.39% | 591.15% | 269.37% | 492.48% | 94.38% | -131.09% | -43.17% | -54.52% | -327.99% | -51.53% | -119.14% |
| Operating Expenses | 7.32M | 8.05M | 7.93M | 11.82M | 6.88M | 7.13M | 6.4M | 6.95M | 6.71M | 7.01M | 7.43M | 3.23M | -16.63M | 15.38M | 14.44M | -10.34M | 9.8M | -10.68M | 5.29M | 5.85M |
| OpEx % of Revenue | 10.45% | 11.92% | 14.16% | 20.26% | 12.43% | 14.05% | 12.86% | 15.05% | 16.63% | 16.62% | 15.71% | 6.39% | -34.64% | 31.89% | 31.64% | -35.22% | 76.13% | -87.89% | 51.99% | 63.84% |
| Selling, General & Admin | 6.92M | 7.58M | 7.38M | 6.8M | 6.28M | 6.65M | 5.71M | 6.28M | 6.09M | 6.57M | 6.53M | 8.35M | 6.45M | 5.78M | 9.25M | 6.82M | 4.89M | 10.24M | 4.09M | 4.2M |
| SG&A % of Revenue | 9.89% | 11.23% | 13.18% | 11.65% | 11.35% | 13.11% | 11.49% | 13.61% | 15.08% | 15.57% | 13.81% | 16.51% | 13.44% | 11.99% | 20.28% | 23.22% | 37.94% | 84.26% | 40.2% | 45.86% |
| Research & Development | 396K | 463K | 549K | 455K | 355K | 365K | 462K | 481K | 406K | 255K | 757K | 860K | 614K | 923K | 985K | 1.11M | 1.42M | 1.34M | 1.19M | 1.47M |
| R&D % of Revenue | 0.57% | 0.69% | 0.98% | 0.78% | 0.64% | 0.72% | 0.93% | 1.04% | 1.01% | 0.6% | 1.6% | 1.7% | 1.28% | 1.91% | 2.16% | 3.8% | 10.99% | 11.05% | 11.65% | 16% |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | 245K | 116K | 220K | 188K | 220K | 186K | 145K | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 14K | 182K |
| Operating Income | 7.59M | 6.52M | 9.27M | 2.59M | 5.57M | 5.14M | 2.72M | 2.22M | 2.11M | 2.42M | 1.62M | 672K | 18.51M | -16.9M | -16.28M | 8.04M | -10.28M | -16.38M | 632K | -7.46M |
| Operating Margin % | 10.83% | 9.65% | 16.54% | 4.43% | 10.06% | 10.13% | 5.47% | 4.81% | 5.22% | 5.73% | 3.43% | 1.33% | 38.56% | -35.04% | -35.68% | 27.37% | -79.85% | -134.8% | 6.21% | -81.41% |
| Operating Income Growth % | 36.32% | 26.71% | 240.4% | 16.43% | 164.09% | 112.65% | 68.19% | 230.65% | -88.61% | 114.32% | 109.95% | -91.64% | 280% | -3.14% | -2675.79% | 207.75% | -24.76% | 7.63% | 101.39% | 27.07% |
| EBITDA | 10.45M | 12.16M | 11.14M | 2.96M | 5.82M | 5.37M | 2.94M | 2.44M | 2.33M | 2.62M | 1.8M | 845K | 18.69M | -16.72M | -16.1M | 8.22M | -10.09M | -16.16M | 865K | -7.21M |
| EBITDA Margin % | 14.92% | 18.01% | 19.89% | 5.07% | 10.51% | 10.59% | 5.92% | 5.3% | 5.77% | 6.22% | 3.81% | 1.67% | 38.93% | -34.67% | -35.29% | 27.99% | -78.34% | -133% | 8.5% | -78.65% |
| EBITDA Growth % | 79.62% | 126.34% | 278.66% | 21.15% | 149.96% | 104.84% | 63.5% | 189.23% | -87.54% | 115.69% | 111.18% | -89.72% | 285.22% | -3.41% | -1961.5% | 214.05% | -27.13% | 7.64% | 101.92% | 26.17% |
| D&A (Non-Cash Add-back) | 2.86M | 5.64M | 1.88M | 374K | 252K | 229K | 220K | 222K | 220K | 204K | 181K | 173K | 176K | 180K | 177K | 182K | 195K | 218K | 233K | 253K |
| EBIT | 7.6M | 10.59M | 9.09M | 2.77M | 5.67M | 5.04M | 2.83M | 2.3M | 2.08M | 2.48M | 1.53M | 691K | 23.02M | -16.68M | -16.47M | 7.93M | -10.06M | -16.23M | 530K | -6.51M |
| Net Interest Income | -1.33M | -1.37M | -1.35M | -983K | -229K | -253K | -256K | -308K | -278K | -320K | -160K | -705K | -1.67M | -2.46M | -2.32M | -1.6M | -668K | -25K | -18K | -17K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 1.33M | 1.37M | 1.35M | 983K | 229K | 253K | 256K | 308K | 278K | 320K | 160K | 705K | 1.67M | 2.46M | 2.32M | 1.6M | 668K | 25K | 18K | 17K |
| Other Income/Expense | -1.33M | -1.83M | -1.53M | -802K | -123K | -358K | -154K | -233K | -304K | -264K | -251K | -686K | 2.84M | -2.25M | -2.51M | -1.7M | -444K | 124K | -120K | 936K |
| Pretax Income | 6.27M | 4.68M | 7.74M | 1.78M | 5.44M | 4.79M | 2.57M | 1.99M | 1.8M | 2.15M | 1.37M | -14K | 21.35M | -19.15M | -18.79M | 6.34M | -10.73M | -16.26M | 512K | -6.53M |
| Pretax Margin % | 8.95% | 6.94% | 13.82% | 3.06% | 9.83% | 9.43% | 5.16% | 4.31% | 4.47% | 5.11% | 2.89% | -0.03% | 44.48% | -39.72% | -41.18% | 21.58% | -83.3% | -133.77% | 5.03% | -71.19% |
| Income Tax | 1.61M | 1.66M | -12.61M | 17K | 64K | 356K | 37K | 15K | 242K | 51K | 81K | 7K | 9K | -123K | 7K | 98K | -4K | -70K | 3K | 21K |
| Effective Tax Rate % | 25.65% | 35.4% | -162.88% | 0.95% | 1.18% | 7.44% | 1.44% | 0.75% | 13.41% | 2.37% | 5.92% | -50% | 0.04% | 0.64% | -0.04% | 1.55% | 0.04% | 0.43% | 0.59% | -0.32% |
| Net Income | 4.66M | 3.02M | 20.36M | 1.77M | 5.38M | 4.43M | 2.53M | 1.97M | 1.56M | 2.1M | 1.29M | -21K | 21.34M | -19.03M | -18.79M | 6.24M | -10.72M | -16.19M | 509K | -6.55M |
| Net Margin % | 6.66% | 4.48% | 36.33% | 3.03% | 9.72% | 8.73% | 5.09% | 4.28% | 3.87% | 4.99% | 2.72% | -0.04% | 44.46% | -39.46% | -41.19% | 21.24% | -83.27% | -133.2% | 5% | -71.42% |
| Net Income Growth % | -13.31% | -31.72% | 703.91% | -10.44% | 244.43% | 110.55% | 96.74% | 9500% | -92.68% | 111.06% | 106.85% | -100.34% | 299.02% | -17.53% | -3792.34% | 195.33% | -29.2% | 8.43% | 101.13% | 31.53% |
| Net Income (Continuing) | 4.66M | 3.02M | 20.36M | 1.77M | 5.38M | 4.43M | 2.53M | 1.97M | 1.56M | 2.1M | 1.29M | -21K | 21.34M | -19.03M | -18.79M | 6.24M | -10.72M | -16.19M | 509K | -6.55M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.12 | 0.08 | 0.53 | 0.05 | 0.17 | 0.14 | 0.08 | 0.06 | 0.05 | 0.07 | 0.04 | -0.11 | -0.12 | -1.52 | -1.50 | 0.50 | -0.87 | -1.35 | 0.06 | -0.54 |
| EPS Growth % | -29.41% | -42.86% | 562.5% | -16.67% | 240% | 100% | 100% | 154.55% | 141.67% | 104.61% | 102.67% | -122% | 86.21% | -12.59% | -2600% | 192.59% | -20.83% | 12.9% | 101.52% | 35.71% |
| EPS (Basic) | 0.13 | 0.08 | 0.57 | 0.05 | 0.18 | 0.15 | 0.09 | 0.07 | 0.05 | 0.07 | 0.04 | -0.00 | 1.30 | -1.52 | -1.50 | 0.48 | -0.87 | -1.36 | 0.06 | -0.54 |
| Diluted Shares Outstanding | 38.34M | 36.16M | 38.14M | 36.23M | 31.75M | 31.44M | 30.9M | 30.67M | 30.32M | 30.5M | 30.69M | 28.25M | 26.46M | 12.48M | 12.55M | 12.43M | 12.31M | 11.96M | 11.7M | 11.59M |
| Basic Shares Outstanding | 36.1M | 33.9M | 35.87M | 33.95M | 29.68M | 29.64M | 29.61M | 29.45M | 29.43M | 29.4M | 29.36M | 23.91M | 16.47M | 12.48M | 12.55M | 12.48M | 12.31M | 11.89M | 11.55M | 11.59M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |