Flotek Industries (FTK) Cost of Revenue (2010 - 2026)
Flotek Industries' (FTK) quarterly Cost of Revenue came in at $54.5 million in Q1 2026, up 27.02% year-on-year from $42.9 million in Q1 2025, and up 4.18% on a QoQ basis 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.
- On a quarterly basis, Cost of Revenue rose 27.02% year-over-year to $54.5 million in Q1 2026; TTM through Mar 2026 was $189.0 million, a 18.89% increase from a year earlier, with the FY2025 full-year figure at $177.4 million, up 20.18% from the prior year.
- Cost of Revenue for Q1 2026 stood at $54.5 million, up from $52.3 million in the prior quarter.
- Over the last five years, Cost of Revenue for FTK reached as high as $54.5 million in Q1 2026 and fell as low as $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.
- Across the five-year window, Cost of Revenue surged 1080.13% in 2022 and sank 34.86% in 2023, its largest moves.
- Year by year, Cost of Revenue stood at $50.3 million in 2022, then sank by 34.86% to $32.8 million in 2023, then grew by 17.47% to $38.5 million in 2024, then surged by 35.98% to $52.3 million in 2025, then gained by 4.18% to $54.5 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $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 | 78.08 Bn | 74.69 Bn | 5.38 Bn | 3.34 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 2.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 855.20 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 3.37 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 1.67 Bn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 329.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 126.34 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 565.16 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 122.88 Mn |
| 10 | Flotek Industries | 926.33 Mn | 926.22 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 |