Flotek Industries, Inc. (FTK)

Flotek Industries Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	214.21	187.03	188.06	136.09	43.27	53.14
Revenue Growth (YoY)	21.72%	-0.55%	38.18%	214.53%	-18.58%	-55.48%
Cost of Revenue	165.96	147.64	163.8	142.79	47.61	81.81
Gross Profit	48.25	39.39	24.26	-6.7	-4.34	-28.67
Selling, General & Admin	25.42	24.71	27.83	27.12	20.17	22.76
Research & Development	1.64	1.71	2.49	4.44	5.54	7.21
Operating Expenses	28.13	27.31	31.05	32.3	26.71	33.39
Operating Income	20.12	12.07	-6.78	-39	-31.06	-62.06
Interest Expense	-1.72	-1.1	-2.86	-7.05	-0.08	-0.06
Other Non Operating Income (Expenses)	0.28	0.05	-0.03	0.15	0.09	1.08
EBT Excluding Unusual Items	18.68	11.02	-9.67	-45.9	-31.05	-61.04
Impairment of Goodwill	-	-	-	-	-8.09	-11.71
Gain (Loss) on Sale of Assets	0.1	0.12	0.04	2.92	0.09	0.09
Asset Writedown	-	-	-	-	-	-69.98
Legal Settlements	-	-	-	-	7.6	-
Other Unusual Items	-	-	34.49	0.66	0.88	-
Pretax Income	14.58	11.15	24.86	-42.33	-30.57	-142.63
Income Tax Expense	0.47	0.65	0.15	-0.02	-0.04	-6.18
Earnings From Continuing Operations	14.11	10.5	24.71	-42.31	-30.53	-136.45
Net Income to Company	14.11	10.5	24.71	-42.31	-30.53	-136.45
Net Income	14.11	10.5	24.71	-42.31	-30.53	-136.45
Net Income to Common	14.11	10.5	24.71	-42.31	-30.53	-136.45
Net Income Growth	103.70%	-57.52%	-	-	-	-
Shares Outstanding (Basic)	31	30	25	12	12	11
Shares Outstanding (Diluted)	33	31	28	12	12	11
Shares Change (YoY)	8.99%	8.85%	128.77%	1.45%	7.39%	16.28%
EPS (Basic)	0.46	0.36	1.00	-3.41	-2.50	-11.98
EPS (Diluted)	0.43	0.34	-0.10	-3.41	-2.52	-12.00
Free Cash Flow	2.34	1.42	-12.38	-45.05	-25.88	-49.26
Free Cash Flow Per Share	0.07	0.05	-0.44	-3.63	-2.12	-4.33
Gross Margin	22.53%	21.06%	12.90%	-4.92%	-10.04%	-53.96%
Operating Margin	9.39%	6.46%	-3.61%	-28.65%	-71.78%	-116.79%
Profit Margin	6.59%	5.61%	13.14%	-31.09%	-70.55%	-256.77%
Free Cash Flow Margin	1.09%	0.76%	-6.58%	-33.11%	-59.81%	-92.70%
EBITDA	21.19	12.96	-6.05	-38.26	-30.05	-58.65
EBITDA Margin	9.89%	6.93%	-3.22%	-28.12%	-69.44%	-110.37%
D&A For EBITDA	1.08	0.89	0.73	0.73	1.01	3.41
EBIT	20.12	12.07	-6.78	-39	-31.06	-62.06
EBIT Margin	9.39%	6.46%	-3.61%	-28.65%	-71.78%	-116.79%
Effective Tax Rate	3.24%	5.82%	0.60%	-	-	-
Revenue as Reported	214.21	187.03	188.06	136.09	43.27	53.14

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q