Flotek Industries (FTK) Cost of Revenue (2010 - 2026)
Flotek Industries (FTK) reported Cost of Revenue of $54.5 million for Q1 2026, up 27.02% year-over-year from $42.9 million in Q1 2025, and up 4.18% quarter-over-quarter from $52.3 million in Q4 2025.
Flotek Industries (FTK) Cost of Revenue (2010 - 2026) Analysis & Trends
Flotek Industries (FTK) has 17 years of Cost of Revenue data on file, last reported at $54.5 million in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $54.5 million, up 27.02% year-over-year; the trailing twelve-month figure through Mar 2026 was $189.0 million (up 18.89% YoY), and the FY2025 annual result was $177.4 million, up 20.18% from the prior year.
- Cost of Revenue advanced to $54.5 million in Q1 2026 per FTK's latest filing, from $52.3 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $54.5 million in Q1 2026 and troughed at $13.4 million in Q1 2022.
- A 5-year average of $40.4 million and a median of $40.6 million in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue jumped 1080.13% in 2022, then tumbled 34.86% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $50.3 million in 2022, then plunged by 34.86% to $32.8 million in 2023, then gained by 17.47% to $38.5 million in 2024, then surged by 35.98% to $52.3 million in 2025, then grew by 4.18% to $54.5 million in 2026.
- Business Quant data shows FTK's Cost of Revenue at $54.5 million in Q1 2026, $52.3 million in Q4 2025, and $38.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 4.05 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 5.07 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 3.37 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 1.01 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 1.67 Bn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 276.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 126.34 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 122.88 Mn |
| 10 | Flotek Industries | 849.07 Mn | 848.97 Mn | 15.54 Mn | 54.51 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.51 Mn |
| Mar 31, 2026 | 54.51 Mn |
| Dec 31, 2025 | 52.33 Mn |
| Dec 31, 2025 | 52.33 Mn |
| Sep 30, 2025 | 38.25 Mn |
| Sep 30, 2025 | 38.25 Mn |
| Jun 30, 2025 | 43.94 Mn |
| Jun 30, 2025 | 43.94 Mn |
| Mar 31, 2025 | 42.91 Mn |
| Mar 31, 2025 | 42.91 Mn |
| Dec 31, 2024 | 38.48 Mn |
| Dec 31, 2024 | 38.48 Mn |
| Sep 30, 2024 | 40.62 Mn |
| Sep 30, 2024 | 40.62 Mn |
| Jun 30, 2024 | 36.98 Mn |
| Jun 30, 2024 | 36.98 Mn |
| Mar 31, 2024 | 31.55 Mn |
| Mar 31, 2024 | 31.55 Mn |
| Dec 31, 2023 | 32.76 Mn |
| Dec 31, 2023 | 32.76 Mn |