FLOTEK INDUSTRIES INC/CN/
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $237.3M | $187.0M | $188.1M | $136.1M | $43.3M |
| Cost of revenue | $177.4M | $147.6M | $163.8M | $142.8M | $40.0M |
| Gross profit | $59.8M | $39.4M | $24.3M | -$6.7M | $3.3M |
| Selling, general & administrative | $28.0M | $24.7M | $27.8M | $27.1M | $20.2M |
| Research and development | $1.8M | $1.7M | $2.5M | $4.4M | $5.5M |
| Operating income | $23.2M | $12.2M | $23.2M | -$35.4M | -$31.5M |
| Interest expense | $3.9M | $1.1M | $2.9M | $7.1M | $78,000 |
| Pretax income | $19.7M | $11.1M | $24.9M | -$42.3M | -$30.6M |
| Income tax expense | -$10.9M | $649,000 | $149,000 | -$22,000 | -$40,000 |
| Net income | $30.5M | $10.5M | $24.7M | -$42.3M | -$30.5M |
| Balance Sheet | |||||
| Cash and equivalents | $5.7M | $4.4M | $5.9M | $12.3M | $11.5M |
| Current assets | $110.8M | $96.5M | $76.4M | $80.1M | $42.6M |
| Total assets | $220.0M | $170.8M | $157.5M | $164.8M | $50.2M |
| Current liabilities | $61.6M | $50.4M | $47.8M | $151.4M | $18.8M |
| Total liabilities | $107.0M | $56.9M | $55.6M | $162.2M | $30.1M |
| Stockholders' equity | $113.1M | $113.9M | $102.0M | $2.6M | $20.2M |
| Cash Flow Statement | |||||
| Cash from operations | $7.2M | $3.4M | -$11.3M | -$44.6M | -$25.8M |
| Depreciation and amortization | $1.8M | $891,000 | $734,000 | $734,000 | $1.0M |
| Stock-based compensation | $2.3M | $1.4M | $254,000 | $3.3M | $3.8M |
| Capital expenditure | — | — | — | $421,000 | $39,000 |
| Free cash flow | — | — | — | -$45.1M | -$25.9M |
| Impairments | — | — | — | $0 | $8.1M |
Shares outstanding 36.2M · Free float 80.9%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.