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Flotek Industries Inc (FTK) stock

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NYSE: FTK NYSE Specialty Chemicals Next results ~November 3, 2026

B Fundamentals grade

Flotek Industries Inc is a US-listed company in the specialty chemicals industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$15

Revenue-to-maturity cash-flow model

Base case. Range ~$12–$19 across our lower- and higher-growth cases (25%–35% a year).

Price vs value

No Buy/Hold/Sell rating is issued: only 2 valuation models apply; a rating needs 3.

Flotek Industries Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 3 selling1 purchase and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds66 adding, 56 cuttingOf 25 active managers that changed their stake, 12 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Flotek Industries files

Where Flotek Industries stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $293m, up 36.8% on a year earlier, faster than the 24.7% growth a quarter earlier. That growth ranks 4 of 30 among the specialty chemicals companies we cover. Free-cash-flow margin fell to -1.6% from 2.0% a year earlier. Operating margin widened to 12.8% from 7.5%. The diluted share count is up 17.5% on a year earlier, which dilutes existing holders. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 4 of our 7 financial-health checks. Our valuation models combined value is $19.36 a share, against a share price of $26.24.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 3, 2026 (estimated)

Flotek Industries Inc's trailing-twelve-month revenue grew 36.8% year on year, with a free-cash-flow margin of -1.6%. Where it stands out: change in growth rate of +12.0pp ranks 3 of 42 specialty chemicals companies we cover. Where it lags: change in share count of 17.5% ranks 31 of 37 specialty chemicals companies we cover.

Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 145% in the quarter to 2026-06-30, the 2nd beat in the last four quarters.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Fast growth. Revenue grew 36.8% over the last 12 months, against a median of 6.0% for specialty chemicals companies we cover.
  • Growth speeding up. The growth rate is 12.0 points higher than a quarter earlier.
  • Margins widening. Operating margin is up 5.3 points on a year ago.
  • Estimates rising. Analysts' consensus for next year's earnings per share has risen 16.3% over 90 days.

Things to watch

  • Results due soon. Results are expected around 3 November; the share price can move sharply on the day.
  • Burning cash. Free cash flow was -1.6% of revenue over the last 12 months.
  • Share dilution. Diluted shares rose 17.5% in a year.
  • Volatile shares. Over the past year the shares showed annualised volatility of 75% and a beta of 1.9 against the S&P 500.
  • Weak cash conversion. Free cash flow was -12% of net income over the last 12 months.
  • Heavily shorted. 29.8% of the shares available to trade are sold short (8.8 days of average volume to cover).

Latest results: FY2026 Q2

Filed August 6, 2026
Earnings per share
$0.28 against an average estimate of $0.12: beat by 145.2%
Revenue
$99m, up 70.3% on a year earlier
Share reaction
+34.8% in the first session after the results on August 4, 2026, against +1.6% for the S&P 500
Guidance given
total Revenues $340m to $350m (2026); adjusted EBITDA $47m to $51m (2026)
Next report
November 3, 2026; average EPS estimate $0.20

Flotek Industries' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-7.4%
  • 1 week-4.7%
  • 1 month-24.1%
  • This year+36.2%
  • 1 year+35.6%
  • 5 years+218.0%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$293M
Operating margin
12.8%
Net margin
13.0%
EPS (TTM, diluted)
$0.99

Growth

Revenue growth
+36.8%
Change in growth rate
+12.0 pts
Share count change
+17.5%

Cash

Free cash flow (TTM)
-$4.7M
FCF margin
-1.6%
Stock pay % of revenue
1.1%

Earnings

Last results
August 4, 2026
Next results (est.)
November 3, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Agreement
  2. Insider trade
  3. Insider trade
  4. Announcement
  5. Announcement
  6. Announcement
  7. Results
  8. Guidance
  9. Announcement
  10. Agreement

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Flotek Industries Inc valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 2 valuation models apply; a rating needs 3.

Valuation models

We value Flotek Industries Inc as an operating company, with every model that fits that kind of business. Cost of equity 11.7%: the 10-year Treasury yield (4.9%) plus a beta of 1.49 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$15 ~$12–$19 Primary model, counts double
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$20 ~$19–$33 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: the model gives no positive value
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$4.0 ~$6.2–$20 Left out: out of range vs price (0.17x)
Combined value Weighted average of the models that apply: the primary model (revenue-to-maturity model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$17 ~$15–$20 2 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Flotek Industries Inc with Specialty Chemicals in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$68.64$56.34$27.96$6.54$12.00$12.66$6.78$6.72$3.92$9.53$17.23$23.47
Market value$629m$527m$268m$63m$118m$144m$83m$83m$111m$294m$623m$900m
+ Net debt (− = net cash)$48m$44m$23m−$3m−$101m−$33m−$7m$10m$2m$385000$38m$46m
Enterprise value$677m$570m$292m$60m$17m$111m$76m$94m$113m$295m$661m$946m
Multiples
Price / sales 1.9x2.8x1.1x0.4x1.0x2.7x1.9x0.6x0.6x1.6x2.6x3.1x
Price / earnings ————————4.5x28.0x20.4x23.7x
Price / free cash flow 69.3x—32.9x——————87.6x86.5x—
EV / EBITDA 32.2x———————4.7x22.5x26.3x23.6x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

35 /100

Weak moat

How hard Flotek Industries's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 12 / 20

    Cash operating profit has been a median 10.1% of total assets over 7 years.

  • Pricing power 3 / 20

    Gross margin has been a median 28.8%, moving by 13.3 percentage points (standard deviation) across 10 years.

  • Durability 10 / 20

    Operating margin has been a median -14.2%; its worst year was -184.7%.

  • Cash conversion 1 / 20

    Free cash flow was positive in 1 of 10 years, at a median -5.0% of revenue.

  • Discipline 9 / 20

    The diluted share count rose 277.5% over five years; stock-based pay has been a median 2.9% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 3, 2026, after the close. Analysts expect revenue of $96m and EPS of $0.20 (range $0.15 to $0.26) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.78 −21% $364m +53%
Next $0.93 +20% $403m +11%

Next year's EPS estimate has moved +16.3% in 90 days, across 2 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +43.5% on 90 days ago. In the last 30 days, 1 analyst raised Flotek Industries Inc's forecast and 0 cut it.

Consensus EPS forecast Flotek Industries Inc, last 90 days
$0.50 $0.60 $0.70 $0.80 $0.90 $1.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.54 Current fiscal year, 60 days ago: $0.71 Current fiscal year, 30 days ago: $0.71 Current fiscal year, 7 days ago: $0.73 Current fiscal year, Now: $0.78 $0.78 Next fiscal year, 90 days ago: $0.80 Next fiscal year, 60 days ago: $0.89 Next fiscal year, 30 days ago: $0.81 Next fiscal year, 7 days ago: $0.88 Next fiscal year, Now: $0.93 $0.93

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.54$0.80
60 days ago $0.71$0.89
30 days ago $0.71$0.81
7 days ago $0.73$0.88
Now $0.78$0.93

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.12 $0.28 +145.2%
Mar 2026 $0.15 $0.14 −7.8%
Dec 2025 $0.17 $0.09 −45.9%
Sept 2025 $0.15 $0.57 +281.7%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 4, 2026
  • Total Revenues 2026 $340m to $350m Raised
    “Total Revenues $270-$290 $340-$350” source
  • Adjusted EBITDA 2026 $47m to $51m Non-GAAP Raised
    “Adjusted EBITDA (2) $36-$41 $47-$51” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

6 analysts, Oct 2026
Buy6100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202666
  2. Sep 202666
  3. Aug 202666
  4. Jul 202666

Counts of recommendations published by analysts covering Flotek Industries Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
29.8%
of tradable shares
Days to cover
8.81
at average volume
Short interest, 1 month
+13%
to October 15, 2026
Held by institutions
35%
of shares
Held by insiders
71.0%
of shares
Employees
158
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +35.6%

$17.31 on October 31, 2025 to $23.47

ThenNowEffect
Revenue (last 12 months) $214m $293m +36.8%
Net margin 6.6% 13.0% +96.9%
P/E multiple 40.0x 23.7x −40.8%
Share count 33m 38m −14.9%

Biggest factor: net margin.

Last 3 years +410.2%

$4.60 on November 3, 2023 to $23.47

ThenNowEffect
Revenue (last 12 months) $192m $293m +52.2%
P/S multiple 0.7x 3.1x +324.1%
Share count 30m 38m −21.0%

Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
FTK−46%−1%−42%+143%+81%+36%
Industry peers (median)+19%−26%−8%+6%−15%+5%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
FTK33%50%42%50%58%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
FTK−78%−49%−63%−30%−39%−41%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 98% from November 3, 2015 to March 11, 2024. Getting back needed a 4094% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$13.47 – $38.82
From 52-week high
−39.5%
vs 50-day average
−11.4%
vs 200-day average
+6.3%
Volatility (1 year)
75%
Beta vs S&P 500
1.93

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
8 up, 4 down
typical move ±13.1%
After a week
9 up, 3 down
typical move ±25.3%
After a month
6 up, 6 down
typical move ±29.4%
Results releasedNext dayS&P 500 next day5 days21 days
August 4, 2026 +34.8% +1.6% +45.1% −12.7%
May 5, 2026 −1.9% +2.2% +2.1% +49.1%
March 11, 2026 +4.9% −1.6% −5.8% −9.8%
November 4, 2025 −2.8% −0.8% −11.1% −7.7%
August 5, 2025 +2.8% +0.3% +21.8% +2.5%
May 6, 2025 +39.4% −0.4% +97.0% +98.6%
March 10, 2025 −0.9% −3.5% +36.5% −16.4%
January 30, 2025 +8.7% 0.0% +1.9% −13.4%
November 4, 2024 +21.3% +1.0% +49.1% +74.4%
August 6, 2024 −6.1% +0.2% +0.2% −2.9%
May 7, 2024 +0.6% +0.1% −0.3% +30.4%
March 12, 2024 +32.7% +0.9% +33.1% +34.9%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Flotek Industries Inc in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Flotek Industries Inc
$150M $200M $250M $300M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $194.1M Revenue (TTM), FY23 Q4: $188.1M Revenue (TTM), FY24 Q1: $180.4M Revenue (TTM), FY24 Q2: $176M Revenue (TTM), FY24 Q3: $178.5M Revenue (TTM), FY24 Q4: $187M Revenue (TTM), FY25 Q1: $202M Revenue (TTM), FY25 Q2: $214.2M Revenue (TTM), FY25 Q3: $220.5M Revenue (TTM), FY25 Q4: $237.3M Revenue (TTM), FY26 Q1: $252M Revenue (TTM), FY26 Q2: $293M $293M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $194.1M
FY23 Q4 $188.1M
FY24 Q1 $180.4M
FY24 Q2 $176M
FY24 Q3 $178.5M
FY24 Q4 $187M
FY25 Q1 $202M
FY25 Q2 $214.2M
FY25 Q3 $220.5M
FY25 Q4 $237.3M
FY26 Q1 $252M
FY26 Q2 $293M
Revenue growth, TTM YoY Flotek Industries Inc
-50% 0% 50% 100% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 94.0% Revenue growth, TTM YoY, FY23 Q4: 38.2% Revenue growth, TTM YoY, FY24 Q1: 5.4% Revenue growth, TTM YoY, FY24 Q2: -8.6% Revenue growth, TTM YoY, FY24 Q3: -8.1% Revenue growth, TTM YoY, FY24 Q4: -0.5% Revenue growth, TTM YoY, FY25 Q1: 12.0% Revenue growth, TTM YoY, FY25 Q2: 21.7% Revenue growth, TTM YoY, FY25 Q3: 23.6% Revenue growth, TTM YoY, FY25 Q4: 26.9% Revenue growth, TTM YoY, FY26 Q1: 24.7% Revenue growth, TTM YoY, FY26 Q2: 36.8% 36.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 94.0%
FY23 Q4 38.2%
FY24 Q1 5.4%
FY24 Q2 -8.6%
FY24 Q3 -8.1%
FY24 Q4 -0.5%
FY25 Q1 12.0%
FY25 Q2 21.7%
FY25 Q3 23.6%
FY25 Q4 26.9%
FY26 Q1 24.7%
FY26 Q2 36.8%
Operating margin (TTM) Flotek Industries Inc
0% 5% 10% 15% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: 2.0% Operating margin (TTM), FY23 Q4: 12.3% Operating margin (TTM), FY24 Q1: 3.8% Operating margin (TTM), FY24 Q2: 4.8% Operating margin (TTM), FY24 Q3: 5.3% Operating margin (TTM), FY24 Q4: 6.5% Operating margin (TTM), FY25 Q1: 7.8% Operating margin (TTM), FY25 Q2: 7.5% Operating margin (TTM), FY25 Q3: 10.2% Operating margin (TTM), FY25 Q4: 9.8% Operating margin (TTM), FY26 Q1: 10.0% Operating margin (TTM), FY26 Q2: 12.8% 12.8%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 2.0%
FY23 Q4 12.3%
FY24 Q1 3.8%
FY24 Q2 4.8%
FY24 Q3 5.3%
FY24 Q4 6.5%
FY25 Q1 7.8%
FY25 Q2 7.5%
FY25 Q3 10.2%
FY25 Q4 9.8%
FY26 Q1 10.0%
FY26 Q2 12.8%
FCF margin (TTM) Flotek Industries Inc
-10% -5% 0% 5% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: -3.8% FCF margin (TTM), FY23 Q4: -6.4% FCF margin (TTM), FY24 Q1: -5.2% FCF margin (TTM), FY24 Q2: -5.2% FCF margin (TTM), FY24 Q3: 1.7% FCF margin (TTM), FY24 Q4: 1.3% FCF margin (TTM), FY25 Q1: 2.9% FCF margin (TTM), FY25 Q2: 2.0% FCF margin (TTM), FY25 Q3: -1.4% FCF margin (TTM), FY25 Q4: 2.3% FCF margin (TTM), FY26 Q1: -0.9% FCF margin (TTM), FY26 Q2: -1.6% -1.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 -3.8%
FY23 Q4 -6.4%
FY24 Q1 -5.2%
FY24 Q2 -5.2%
FY24 Q3 1.7%
FY24 Q4 1.3%
FY25 Q1 2.9%
FY25 Q2 2.0%
FY25 Q3 -1.4%
FY25 Q4 2.3%
FY26 Q1 -0.9%
FY26 Q2 -1.6%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Flotek Industries took in during FY2025, followed through to profit: what it cost to make, what went on research and running the business, and what was left after tax.

  1. Revenue $237M
  2. Other income $7.3M · 3.1%
  3. Cost of revenue $177M · 74.8%
  4. Gross profit $59.8M · 25.2%
  5. Research and development $1.8M · 0.8%
  6. Selling, general and admin $28M · 11.8%
  7. Other operating costs $6.7M · 2.8%
  8. Operating income $23.2M · 9.8%
  9. Net income $30.5M · 12.9%

Shares of revenue. Source: Flotek Industries's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained. Other income is income outside operations, such as investment gains.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 113 147 259 313 371 449 334 188 243 178 119 53 43 136 188 187 237 293
Gross profit 29 53 106 132 148 131 96 91 28 — — −29 3 −7 24 39 60 72
EBITDA −19 8 59 70 74 66 21 −9 −1 −61 −67 −140 −30 −35 24 13 25 40
Operating income −33 −6 49 59 59 59 12 −17 −10 −70 −76 −144 −31 −35 23 12 23 38
Net income −50 −43 31 50 36 54 −15 −49 −27 −70 −34 −136 −31 −42 25 10 31 38
Diluted EPS −$16.08 −$11.64 $0.56 $0.97 $0.67 $0.96 −$0.24 −$0.88 −$0.47 −$1.21 −$3.30 −$2.00 −$0.42 −$3.41 −$0.10 $0.34 $0.84 $0.99
Growth (year on year)
Revenue — +30.6% +76.1% +20.9% +18.6% +21.0% −25.6% −43.7% +29.2% −26.9% −32.9% −55.5% −18.6% +214.5% +38.2% −0.5% +26.9% +36.8%
EBITDA — — +686.5% +19.0% +5.2% −10.2% −68.3% −141.9% — — — — — — — −45.4% +91.6% +134.4%
Operating income — — — +19.9% +0.2% −0.2% −79.1% −238.2% — — — — — — — −47.5% +90.6% +134.5%
Net income — — — +58.5% −27.3% +48.2% −127.2% — — — — — — — — −57.5% +190.8% +169.3%
Diluted EPS — — — +73.2% −30.9% +43.3% −125.0% — — — — — — — — — +147.1% +129.1%
Margins
Gross margin 26.1% 36.0% 40.9% 42.1% 39.8% 29.1% 28.8% 48.2% 11.5% — — −54.0% 7.5% −4.9% 12.9% 21.1% 25.2% 24.7%
EBITDA margin −16.8% 5.1% 22.8% 22.4% 19.9% 14.8% 6.3% −4.7% −0.2% −34.1% −56.2% −263.9% −70.4% −25.5% 12.7% 7.0% 10.6% 13.7%
Operating margin −29.4% −4.3% 18.9% 18.7% 15.8% 13.1% 3.7% −9.0% −4.2% −39.3% −63.3% −270.3% −72.7% −26.0% 12.3% 6.5% 9.8% 12.8%
Net margin −44.7% −29.6% 12.1% 15.9% 9.7% 11.9% −4.4% −26.1% −11.3% −39.6% −28.4% −256.8% −70.6% −31.1% 13.1% 5.6% 12.9% 13.0%
Free-cash-flow margin −3.9% 1.4% 8.7% 9.2% 6.5% 7.4% 2.7% −5.9% 3.4% −13.7% −5.8% −92.7% −59.8% −33.1% −6.0% 1.8% 3.0% −0.8%
Cash flow
Cash from operations 2 12 32 50 39 43 25 2 12 −21 −5 −48 −26 −45 −11 3 7 −2
Capital spending 7 10 10 21 15 9 16 13 4 4 2 1 0 0 0 0 0 0
Free cash flow −4 2 22 29 24 33 9 −11 8 −24 −7 −49 −26 −45 −11 3 7 −2
Stock-based pay 2 5 7 13 11 9 13 11 11 7 4 3 4 3 −0 1 2 3
Free cash flow after stock pay −6 −3 15 15 13 24 −4 −22 −2 −31 −11 −52 −30 −48 −11 2 5 −5
Balance sheet
Cash 6 20 47 3 3 1 2 5 5 3 101 39 12 12 6 4 6 4
Total debt 0 35 100 28 62 44 51 48 28 — 0 6 5 23 8 5 43 50
Net debt (negative = net cash) −6 15 53 25 59 43 48 44 23 −3 −101 −33 −7 10 2 0 38 46
Diluted shares 3m 4m 8m 9m 9m 9m 9m 9m 10m 10m 10m 11m 12m 12m 28m 31m 36m 38m
Returned to shareholders
Buybacks 0 0 1 2 0 10 10 0 5 0 0 — — — — — — —
Total returned 0 0 1 2 0 10 10 0 5 0 0 — — — — — — —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

4 of 7 checks passed · June 30, 2026
What it owns · $268m
Short-term assets $168mLonger-term assets $100m
What it owes, and who funded it · $268m
Short-term liabilities $94mLonger-term liabilities $45mShareholders' equity $129m
  • Short-term assets cover short-term liabilities $168m of assets due within a year against $94m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $168m short-term assets against $45m of longer-dated liabilities.
  • More cash than debt $4m of cash against $40m of debt.
  • Debt below 40% of shareholders' equity Debt is 31% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 17% to 31% over five years.
  • A year's operating cash flow covers at least 20% of debt −$2m of operating cash flow against $40m of debt.
  • Operating profit covers interest at least five times over Operating income of $38m against $5m of interest.

From Flotek Industries Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Diluted share count
+17.5%
year over year
R&D spending
0.7%
of revenue
Sales & admin spending
10.1%
of revenue

Competitors: side by side with peers

Closest by revenue in specialty chemicals
Last 12 months unless stated FTK LXFR AMTX GEVO EAF NL Median
Revenue, last 12 months $293m $355m $220m $178m $509m $162m $906m
Revenue growth, last 12 months 36.8% −11.8% −1.7% 121.4% −2.5% 6.0% 5.4%
Revenue growth, 3-year average 15.0% −5.9% 5.8% 168.7% −11.4% 0.3% 0.9%
Revenue growth, latest quarter 70.3% −4.1% 20.0% 7.1% −2.7% 8.0% 8.3%
Gross margin 24.7% 25.1% 10.9% <−999% −6.7% 32.1% 28.8%
Operating margin 12.8% 6.3% −5.3% −102.8% −21.0% 9.2% 4.3%
Operating margin, 3-year average 8.4% 5.2% −13.1% −222.2% −26.9% 14.4% 5.5%
Net margin 13.0% 1.7% −27.4% −119.9% −38.4% −15.8% 0.8%
Cash from operations / revenue −0.8% 8.4% −1.6% −9.2% −22.2% 6.9% 6.9%
Free-cash-flow margin −1.6% 5.3% −17.9% −31.9% −31.1% 5.0% 4.3%
Free-cash-flow margin, 3-year average −1.6% 7.6% −14.3% −239.6% −20.0% 0.8% 5.1%
Stock pay / revenue 1.1% 1.0% 2.3% 5.5% 1.1% — 1.0%
Change in share count 17.5% −0.1% 28.8% 2.8% −1.3% 0.0% 0.1%

Median of all 42 companies we cover in specialty chemicals. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

42 specialty chemicals companies
Measure Company Peer median Rank
Revenue growth Growth 36.8% 6.0% 6 of 42
Change in growth rate Growth +12.0pp +1.3pp 3 of 42
Gross margin Profitability 24.7% 31.5% 24 of 40
Operating margin Profitability 12.8% 3.8% 6 of 39
Net margin Profitability 13.0% 1.7% 3 of 42
Free-cash-flow margin Cash generation -1.6% 4.8% 29 of 42
Stock pay as % of revenue Cash generation 1.1% 1.0% 21 of 36
Long-term debt as % of assets Balance sheet 14.9% 26.8% 11 of 36
Change in share count Balance sheet 17.5% 0.0% 31 of 37

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Products $213M 90.0% ▲ 18.3%
Rental $16.1M 6.8% —
Services $7.6M 3.2% ▲ 16.5%
Geography
Region Revenue Share YoY
United States $226M 95.2% ▲ 27.1%
AE $10M 4.2% ▲ 34.6%
Outside the US $1.4M 0.6% ▼ 24.8%

From Flotek Industries Inc's 10-K filed March 16, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$296M
Institutions reporting
113
Shares held vs prior quarter
▲ 12.1%
Positions opened / closed
29 / 19

Top buyers and sellers, Q2 2026: 66 institutions bought and 56 sold ; the biggest buyer was First Eagle Investment Management, LLC (+586K shares) and the biggest seller Divisadero Street Capital Management, LP (−269K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Driehaus Capital Management LLC $26.7M 1.1M 9.0% ▲ 17.3%
Royce & Associates LP $26M 1.1M 8.8% ▲ 31.9%
Masters Capital Management LLC $23.5M 1.0M 8.0% ▼ 8.2%
Blackrock, Inc. $20.2M 857K 6.8% ▲ 5.8%
Dimensional Fund Advisors LP $16.6M 704K 5.6% ▲ 1.8%
Vanguard Capital Management LLC $15M 640K 5.1% ▲ 8.4%
Nuveen, LLC $14.4M 613K 4.9% ▲ 15.0%
First Eagle Investment Management, LLC $13.8M 586K 4.7% New
Geode Capital Management, LLC $8.5M 360K 2.9% ▲ 10.1%
S Squared Technology, LLC $7.3M 310K 2.5% ▲ 2.0%
State Street Corp $6.9M 294K 2.3% ▼ 0.4%
Centerbook Partners LP $6.7M 286K 2.3% ▲ 905.4%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Flotek Industries Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $34.3M 1 trade by 1 insider, last 12 months Insider sales History → $61.3M 4 trades by 3 insiders · 0% under pre-set plans
Net ▼ $27M net selling
Insider Date Trade Shares Price Value
Profrac Gdm, Llc 10% owner September 11, 2026 Sell 2,306,806 $26.01 $60M
Wilks Matthew Director September 11, 2026 Buy 1,319,493 $26.01 $34.3M
Clement James Bond Chief Financial Officer May 18, 2026 Sell 12,554 $20.08 $252,084
Clement James Bond Chief Financial Officer February 24, 2026 Sell 6,299 $16.02 $100,910
Agadi Harshavardhan V Director November 13, 2025 Sell 66,956 $14.71 $984,923

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 1 trade and filings

No trades in Flotek Industries Inc disclosed in the last 12 months; 1 earlier trade on record.

  • Josh Gottheimer(D-NJ 5):Sale (full), $1,001 - $15,000, traded April 27, 2017, filed August 13, 2018

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 3, 2026 estimated from the company's past filing pattern, not announced

  • August 4, 2026
  • May 5, 2026
  • March 11, 2026
  • November 4, 2025
  • August 5, 2025
  • May 6, 2025

Recent SEC filings

Data status

When each part of this page on Flotek Industries Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Flotek Industries Inc in brief

What does Flotek Industries Inc do?
Flotek Industries Inc is a US-listed company in the specialty chemicals industry. Its financial year ends in December.
What is Flotek Industries Inc's stock ticker?
Flotek Industries Inc trades under the ticker FTK on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Flotek Industries Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Flotek Industries Inc reported revenue of $293M, 36.8% higher than a year earlier, according to its SEC filings.
What is Flotek Industries Inc's free cash flow?
Flotek Industries Inc's free-cash-flow margin is -1.6% of revenue over the trailing twelve months, ranking 29 of the 42 specialty chemicals companies we cover.
Who are Flotek Industries Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Driehaus Capital Management LLC, Royce & Associates LP and Masters Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Flotek Industries Inc's market cap?
On November 2, 2026, Flotek Industries Inc's market capitalisation was about $900M, with a price-to-earnings ratio of 23.7 and net debt of $46M. Market figures come from third-party market data and may be delayed.
How much debt does Flotek Industries Inc have?
Flotek Industries Inc's debt-to-equity ratio is 31.0%, from its latest balance sheet (16.6% five years earlier). The financial health section below sets out its other solvency checks.
Who are Flotek Industries Inc's competitors?
In our Specialty Chemicals peer group, the companies closest to Flotek Industries Inc are Luxfer Holdings PLC, Aemetis, Inc, Gevo, Inc., Graftech International LTD and NLI Holdings, Inc. The side-by-side comparison below sets their revenue, margins and growth against Flotek Industries Inc's.
Are insiders buying or selling Flotek Industries Inc stock?
Over the last 12 months, Flotek Industries Inc's directors and officers reported 1 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is Flotek Industries Inc's next earnings date?
Around November 3, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Flotek Industries Inc announces its own schedule.