Flotek Industries (FTK) Asset Writedowns and Impairment (2014 - 2026)
Flotek Industries (FTK) posted quarterly Asset Writedowns and Impairment of $56000.0 for Q1 2026, down 15.15% year-over-year from $66000.0 in Q1 2025, and up 16.67% quarter-over-quarter from $48000.0 in Q4 2025.
Flotek Industries (FTK) Asset Writedowns and Impairment (2014 - 2026) Analysis & Trends
Flotek Industries (FTK) has reported Asset Writedowns and Impairment for 13 consecutive years, with $56000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Writedowns and Impairment fell 15.15% year-over-year to $56000.0; the TTM figure through Mar 2026 stood at $593000.0 (up 175.81% YoY), while the FY2025 annual figure was $603000.0, up 233.15% from the prior year.
- Asset Writedowns and Impairment improved to $56000.0 in Q1 2026 per FTK's latest filing, from $48000.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $1.0 million in Q3 2022 and bottomed at $23000.0 in Q1 2023.
- Historically, Asset Writedowns and Impairment has averaged $136529.4 across 5 years, with a median of $49000.0 in 2022.
- Annual changes were most pronounced in 2023 — Asset Writedowns and Impairment sank 96.6% — and 2025, when it jumped 600.0%.
- Flotek Industries' Asset Writedowns and Impairment stood at $56000.0 in 2022, then declined by 26.79% to $41000.0 in 2023, then soared by 46.34% to $60000.0 in 2024, then slipped by 20.0% to $48000.0 in 2025, then rose by 16.67% to $56000.0 in 2026.
- Business Quant data shows FTK's Asset Writedowns and Impairment at $56000.0 in Q1 2026, $48000.0 in Q4 2025, and $294000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn |
| 10 | Flotek Industries | 898.35 Mn | 893.95 Mn | 23.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 141,000.00 |
| Jun 30, 2026 | 141,000.00 |
| Mar 31, 2026 | 56,000.00 |
| Mar 31, 2026 | 56,000.00 |
| Dec 31, 2025 | 48,000.00 |
| Dec 31, 2025 | 48,000.00 |
| Sep 30, 2025 | 294,000.00 |
| Sep 30, 2025 | 294,000.00 |
| Jun 30, 2025 | 195,000.00 |
| Jun 30, 2025 | 195,000.00 |
| Mar 31, 2025 | 66,000.00 |
| Mar 31, 2025 | 66,000.00 |
| Dec 31, 2024 | 60,000.00 |
| Dec 31, 2024 | 60,000.00 |
| Sep 30, 2024 | 42,000.00 |
| Sep 30, 2024 | 42,000.00 |
| Jun 30, 2024 | 47,000.00 |
| Jun 30, 2024 | 47,000.00 |
| Mar 31, 2024 | 32,000.00 |
| Mar 31, 2024 | 32,000.00 |