Flotek Industries (FTK) Cost of Revenue (2010 - 2026)
Flotek Industries (FTK) posted quarterly 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 reported Cost of Revenue for 17 consecutive years, with $54.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 27.02% year-over-year to $54.5 million; the TTM figure through Mar 2026 stood at $189.0 million (up 18.89% YoY), while the FY2025 annual figure was $177.4 million, up 20.18% from the prior year.
- Cost of Revenue rose to $54.5 million in Q1 2026 per FTK's latest filing, from $52.3 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $54.5 million in Q1 2026 and bottomed at $13.4 million in Q1 2022.
- Historically, Cost of Revenue has averaged $40.4 million across 5 years, with a median of $40.6 million in 2024.
- Annual changes were most pronounced in 2022 — Cost of Revenue jumped 1080.13% — and 2023, when it tumbled 34.86%.
- Flotek Industries' Cost of Revenue stood at $50.3 million in 2022, then sank by 34.86% to $32.8 million in 2023, then advanced by 17.47% to $38.5 million in 2024, then soared by 35.98% to $52.3 million in 2025, then increased 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 | 80.33 Bn | 76.25 Bn | 4.63 Bn | 4.34 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 5.16 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 1,981.97 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 1.36 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 3.61 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 1.61 Bn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 443.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 144.36 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 126.73 Mn |
| 10 | Flotek Industries | 898.35 Mn | 893.95 Mn | 23.78 Mn | 75.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 75.58 Mn |
| Jun 30, 2026 | 75.58 Mn |
| 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 |