Flotek Industries Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	220.5	187.03	188.06	136.09	43.27	53.14
Revenue Growth (YoY)	23.56%	-0.55%	38.18%	214.53%	-18.58%	-55.48%
Cost of Revenue	163.58	147.64	163.8	142.79	40.01	81.81
Gross Profit	56.92	39.39	24.26	-6.7	3.26	-28.67
Selling, General & Admin	27.09	24.71	27.83	27.12	20.17	22.76
Depreciation & Amortization Expenses	1.44	0.89	0.73	0.73	1.01	3.41
Research & Development	1.72	1.71	2.49	4.44	5.54	7.21
Other Operating Expenses	4.46	0.12	-29.93	3.43	8.19	81.78
Total Operating Expenses	34.71	27.44	1.12	35.72	34.9	115.16
Operating Income	22.4	12.2	23.22	-35.42	-31.46	-143.65
Interest Expense	-2.82	-1.1	-2.86	-7.05	-0.08	-0.06
Other Non-Operating Income (Expense)	0.17	0.05	4.5	0.15	0.97	1.08
Total Non-Operating Income (Expense)	-2.64	-1.05	1.64	-6.91	0.89	1.02
Pretax Income	19.76	11.15	24.86	-42.33	-30.57	-142.63
Provision for Income Taxes	12.18	-0.65	-0.15	0.02	0.04	6.18
Net Income	31.93	10.5	24.71	-42.31	-30.53	-136.45
Net Income to Common	31.93	10.5	24.71	-42.31	-30.53	-136.45
Net Income Growth	290.76%	-57.52%	-	-	-	-
Shares Outstanding (Basic)	32	30	25	12	12	11
Shares Outstanding (Diluted)	34	31	28	12	12	11
Shares Change (YoY)	12.40%	8.85%	128.77%	1.45%	7.39%	16.28%
EPS (Basic)	0.95	0.36	1.00	-3.41	-2.52	-12.00
EPS (Diluted)	0.89	0.34	-0.10	-3.41	-2.52	-12.00
EPS Growth	242.31%	-	-	-	-	-
Free Cash Flow	-4.75	1.42	-12.38	-45.05	-25.88	-49.26
Free Cash Flow Per Share	-0.14	0.05	-0.44	-3.63	-2.12	-4.33
Gross Margin	25.81%	21.06%	12.90%	-4.92%	7.53%	-53.96%
Operating Margin	10.16%	6.52%	12.35%	-26.03%	-72.70%	-270.31%
Profit Margin	14.48%	5.61%	13.14%	-31.09%	-70.55%	-256.77%
FCF Margin	-2.16%	0.76%	-6.58%	-33.10%	-59.81%	-92.70%
EBITDA	23.84	13.09	23.96	-34.69	-30.45	-140.24
EBITDA Margin	10.81%	7.00%	12.74%	-25.49%	-70.36%	-263.89%
EBIT	22.4	12.2	23.22	-35.42	-31.46	-143.65
EBIT Margin	10.16%	6.52%	12.35%	-26.03%	-72.70%	-270.31%
Effective Tax Rate	61.62%	-5.82%	-0.60%	-0.05%	-0.13%	-4.33%

Updated Nov 7, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q