Flotek Industries financials
$28.50+0.25%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $237.3M | $187.0M | $188.1M | $136.1M | $43.3M | $53.1M | $119.4M | $177.8M | $243.1M | $188.2M |
| Gross profit | $59.8M | $39.4M | $24.3M | -$6.7M | $3.3M | -$28.7M | -$28.7M | $18.0M | $54.4M | $44.3M |
| Gross margin | 25.2% | 21.1% | 12.9% | −4.9% | 7.5% | −54.0% | −24.1% | 10.1% | 22.4% | 23.5% |
| Operating income | $23.2M | $12.1M | -$6.8M | -$38.4M | -$31.6M | -$143.7M | -$74.0M | -$70.3M | -$10.0M | -$4.3M |
| Net income | $30.5M | $10.5M | $24.7M | -$42.3M | -$30.5M | -$136.4M | -$33.9M | -$70.3M | -$27.4M | -$49.1M |
| Net margin | 12.9% | 5.6% | 13.1% | −31.1% | −70.6% | −256.8% | −28.4% | −39.6% | −11.3% | −26.1% |
| Diluted EPS | $0.84 | $0.34 | $-0.10 | $-3.41 | $-2.52 | $-12.00 | $-3.42 | $-7.26 | $-2.82 | $-5.28 |
| EBITDA | $31.4M | $18.6M | -$1.0M | -$34.9M | -$22.4M | -$58.6M | -$65.6M | -$23.9M | -$260.0K | -$8.8M |
| Operating cash flow | $7.2M | $3.4M | -$11.3M | -$44.6M | -$25.8M | -$47.8M | -$4.5M | -$20.8M | $12.3M | $2.1M |
| Free cash flow | $5.2M | $1.4M | -$12.4M | -$45.1M | -$25.9M | -$49.3M | -$7.0M | -$24.4M | $8.1M | -$11.0M |
| Diluted shares | 36.2M | 30.9M | 28.4M | 12.4M | 12.2M | 11.4M | 9.8M | 9.7M | 9.6M | 9.3M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $5.7M | $4.4M | $5.9M | $12.3M | $11.5M | $38.7M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $43.3M | $4.8M | $7.8M | $24.8M | $5.0M | $5.9M |
| Total assets | $220.0M | $170.8M | $157.5M | $164.8M | $50.2M | $86.2M |
| Total liabilities | $107.0M | $56.9M | $55.6M | $162.2M | $30.1M | $39.0M |
| Shareholders' equity | $113.1M | $113.9M | $102.0M | $2.6M | $20.2M | $47.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology