gross profit bridgeinconsistent2017-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
Revenue
$237.26M
Fiscal year ended 2025-12-31Operating income
$23.24M
Fiscal year ended 2025-12-31Free cash flow
Unavailable
Fiscal year ended 2025-12-31FLOTEK INDUSTRIES INC/CN/ (FTK) reported revenue of $237.26M and net income of $30.53M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from FLOTEK INDUSTRIES INC/CN/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Miscellaneous Chemical Products.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $237.26M | $187.02M | $188.06M | $136.09M | $43.27M | $53.14M | $119.35M | $177.77M | $243.11M | $188.23M |
| Cost of revenue | $177.43M | $147.64M | $163.80M | $142.79M | $40.01M | $81.81M | Unavailable | Unavailable | $215.13M | Unavailable |
| Gross profit | $59.83M | $39.39M | $24.26M | -$6.70M | $3.26M | -$28.67M | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | $23.24M | $12.20M | $23.22M | -$35.42M | -$31.46M | -$143.65M | -$75.50M | -$69.81M | -$10.32M | -$16.97M |
| Net income | $30.53M | $10.50M | $24.71M | -$42.30M | -$30.53M | -$136.45M | -$33.92M | -$70.34M | -$27.40M | -$49.13M |
| Research & development | $1.82M | $1.71M | $2.49M | $4.44M | $5.54M | $7.21M | $8.86M | $10.36M | $13.13M | $9.32M |
| Weighted-average diluted shares | shares 36.16M | shares 30.89M | shares 28.38M | shares 12.40M | shares 73.36M | shares 68.31M | shares 58.75M | shares 58.00M | shares 57.58M | shares 56.09M |
| Pretax income | $19.66M | $11.15M | $24.86M | -$42.33M | -$30.57M | -$142.63M | -$75.81M | -$80.66M | -$11.39M | -$6.65M |
| Income tax expense | -$10.87M | $649.00K | $149.00K | -$22.00K | -$40.00K | -$6.18M | $262.00K | -$7.22M | $6.11M | -$2.20M |
| Diluted EPS | $0.84 | $0.34 | $-0.10 | $-3.41 | $-0.42 | $-2.00 | $-0.55 | $-1.21 | $-0.47 | $-0.88 |
| Selling, general & administrative | $28.05M | $24.71M | $27.83M | $27.12M | $20.17M | $22.76M | $27.98M | $31.47M | $41.49M | $43.74M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $5.73M | $4.40M | $5.85M | $12.29M | $11.53M | $38.66M | $100.58M | $3.04M | $4.58M | $4.82M |
| Total assets | $220.05M | $170.80M | $157.51M | $164.81M | $50.24M | $86.21M | $230.60M | $285.88M | $329.89M | $383.22M |
| Current assets | $110.78M | $96.46M | $76.45M | $80.07M | $42.60M | $66.46M | $153.91M | $194.78M | $137.92M | $188.62M |
| Total liabilities | $106.99M | $56.90M | $55.55M | $162.21M | $30.05M | $39.04M | $58.57M | $84.26M | $64.63M | $95.51M |
| Current liabilities | $61.58M | $50.37M | $47.78M | $151.37M | $18.78M | $28.86M | $41.32M | $84.26M | $64.63M | $87.68M |
| Total equity incl. NCI | $113.06M | $113.90M | $101.96M | $2.60M | $20.19M | $47.17M | $172.03M | $202.01M | $265.26M | $287.70M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $10.63M | $13.30M | $12.84M | $15.72M | $9.45M | $11.84M | $23.21M | $27.29M | $32.46M | $58.28M |
| Accounts receivable | Unavailable | Unavailable | Unavailable | $19.14M | $12.00M | $11.76M | $15.64M | $37.05M | $34.90M | $47.15M |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | $0 | $8.09M | $0 | $0 | $37.18M | $56.66M |
| Long-term debt | $40.00M | $0 | $60.00K | $2.74M | $3.35M | $1.62M | $0 | Unavailable | $0 | $7.83M |
| Accounts payable | $48.32M | $38.07M | $31.70M | $33.38M | $7.62M | $5.79M | $16.23M | $15.01M | $10.39M | $29.96M |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $7.20M | $3.36M | -$11.30M | -$44.63M | -$25.84M | -$47.84M | -$4.54M | Unavailable | Unavailable | $2.05M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | $421.00K | $39.00K | $1.42M | $2.41M | $3.56M | $4.20M | $13.07M |
| Investing cash flow | -$1.98M | -$1.82M | -$1.01M | $5.33M | $112.00K | -$17.70M | $152.71M | Unavailable | Unavailable | -$22.28M |
| Financing cash flow | -$3.74M | -$3.12M | $5.93M | $38.27M | -$372.00K | $3.73M | -$49.99M | $21.48M | -$27.28M | $22.85M |
| Net change in cash | $1.33M | -$1.45M | -$6.44M | -$934.00K | -$26.00M | -$61.91M | $98.19M | -$1.54M | -$239.00K | $2.62M |
| Stock-based compensation | $2.30M | $1.37M | -$254.00K | $3.32M | $3.76M | $3.04M | $4.24M | $7.05M | $10.64M | $11.45M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $0 | $0 | $5.20M | $0 |
| Depreciation & amortization | Unavailable | Unavailable | Unavailable | Unavailable | $1.01M | $3.41M | $8.46M | $9.22M | $9.77M | $8.17M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | -$25.88M | -$49.26M | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | 25.2% | 21.1% | 12.9% | -4.9% | 7.5% | -54.0% | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | 9.8% | 6.5% | 12.3% | -26.0% | -72.7% | -270.3% | -63.3% | -39.3% | -4.2% | -9.0% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | -59.8% | -92.7% | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 1.0% | 0.7% | -0.1% | 2.4% | 8.7% | 5.7% | 3.5% | 4.0% | 4.4% | 6.1% |
| Current ratio | 1.80x | 1.92x | 1.60x | 0.53x | 2.27x | 2.30x | 3.72x | 2.31x | 2.13x | 2.15x |
| Revenue YoY growth | 26.9% | -0.5% | 38.2% | 214.5% | -18.6% | -55.5% | -32.9% | -26.9% | 29.2% | Unavailable |
| Net margin | 12.9% | 5.6% | 13.1% | -31.1% | -70.6% | -256.8% | -28.4% | -39.6% | -11.3% | -26.1% |
| R&D / revenue | 0.8% | 0.9% | 1.3% | 3.3% | 12.8% | 13.6% | 7.4% | 5.8% | 5.4% | 5.0% |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | 0.1% | 2.7% | 2.0% | 2.0% | 1.7% | 6.9% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | -55.3% | 5.8% | 0.6% | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FTK in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-03-16View SEC filing
10-Q · Filed 2025-11-07View SEC filing
10-Q · Filed 2025-08-08View SEC filing
10-Q · Filed 2025-05-08View SEC filing
Reconciliation checks needing review
2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
gross profit bridgeinconsistent2016-12-31
Withheld: cost revenue, gross profit could not be reconciled with the rest of this filer’s statement.