Flotek Industries Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	237.26	187.03	188.06	136.09	43.27
Revenue Growth (YoY)	26.86%	-0.55%	38.18%	214.53%	-18.58%
Cost of Revenue	177.43	147.64	163.8	142.79	40.01
Gross Profit	59.83	39.39	24.26	-6.7	3.26
Selling, General & Admin	28.05	24.71	27.83	27.12	20.17
Depreciation & Amortization Expenses	1.84	0.89	0.73	0.73	1.01
Research & Development	1.82	1.71	2.49	4.44	5.54
Other Operating Expenses	4.89	-0.12	-30.01	-3.58	8
Total Operating Expenses	36.59	27.19	1.04	28.72	34.71
Operating Income	23.24	12.2	23.22	-35.42	-31.46
Interest Expense	-3.94	-1.1	-2.86	-7.05	-0.08
Other Non-Operating Income (Expense)	0.35	0.05	4.5	0.15	0.97
Total Non-Operating Income (Expense)	-3.59	-1.05	1.64	-6.91	0.89
Pretax Income	19.66	11.15	24.86	-42.33	-30.57
Provision for Income Taxes	-10.87	0.65	0.15	-0.02	-0.04
Net Income	30.53	10.5	24.71	-42.31	-30.53
Net Income to Common	30.53	10.5	24.71	-42.31	-30.53
Net Income Growth	190.80%	-57.52%	-	-	-
Shares Outstanding (Basic)	34	30	25	12	12
Shares Outstanding (Diluted)	36	31	28	12	12
Shares Change (YoY)	17.05%	8.85%	128.77%	1.45%	7.39%
EPS (Basic)	0.90	0.36	1.00	-3.41	-2.52
EPS (Diluted)	0.84	0.34	-0.10	-3.41	-2.52
EPS Growth	147.06%	-	-	-	-
Shares Outstanding	30.13	29.83	29.66	12.96	12.24
Free Cash Flow	5.22	1.42	-12.38	-45.05	-25.88
Free Cash Flow Growth	267.35%	-	-	-	-
Free Cash Flow Per Share	0.14	0.05	-0.44	-3.63	-2.12
Gross Margin	25.22%	21.06%	12.90%	-4.92%	7.53%
Operating Margin	9.80%	6.52%	12.35%	-26.03%	-72.70%
Profit Margin	12.87%	5.61%	13.14%	-31.09%	-70.55%
FCF Margin	2.20%	0.76%	-6.58%	-33.10%	-59.81%
EBITDA	25.08	13.09	23.96	-34.69	-30.45
EBITDA Margin	10.57%	7.00%	12.74%	-25.49%	-70.36%
EBIT	23.24	12.2	23.22	-35.42	-31.46
EBIT Margin	9.80%	6.52%	12.35%	-26.03%	-72.70%
Effective Tax Rate	-55.32%	5.82%	0.60%	0.05%	0.13%

Updated Mar 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q