Flotek Industries (FTK) Gross Margin (2010 - 2026)
Flotek Industries (FTK) posted quarterly Gross Margin of 22.19% for Q1 2026, down 30.0% year-over-year from 31.69% in Q1 2025, and down 1.41% quarter-over-quarter from 22.5% in Q4 2025.
Flotek Industries (FTK) Gross Margin (2010 - 2026) Analysis & Trends
Flotek Industries (FTK) has reported Gross Margin for 17 consecutive years, with 22.19% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 30.0% year-over-year to 22.19%; the TTM figure through Mar 2026 stood at 24.98% (up 368.0% YoY), while the FY2025 annual figure was 25.22%, up 416.0% from the prior year.
- Gross Margin retreated to 22.19% in Q1 2026 per FTK's latest filing, from 22.5% in the prior quarter.
- Across five years, Gross Margin topped out at 31.74% in Q3 2025 and bottomed at 7.85% in Q2 2022.
- Historically, Gross Margin has averaged 14.13% across 5 years, with a median of 19.87% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 6452 bps — and 2023, when it surged 2665 bps.
- Flotek Industries' Gross Margin stood at 4.3% in 2022, then soared by 620 bps to 22.35% in 2023, then increased by 8 bps to 24.19% in 2024, then declined by 7 bps to 22.5% in 2025, then retreated by 1 bps to 22.19% in 2026.
- Business Quant data shows FTK's Gross Margin at 22.19% in Q1 2026, 22.5% in Q4 2025, and 31.74% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.85 Bn | 75.78 Bn | 4.63 Bn | 51.63% |
| 2 | Baker Hughes | 62.28 Bn | 46.55 Bn | 1.58 Bn | 23.46% |
| 3 | Tenaris | 52.92 Bn | 43.89 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.80 Bn | 29.56 Bn | 1.40 Bn | 50.62% |
| 5 | Halliburton | 29.54 Bn | 27.49 Bn | 2.10 Bn | 36.80% |
| 6 | Nov | 7.29 Bn | 6.13 Bn | 521.00 Mn | 24.41% |
| 7 | Weatherford International | 6.52 Bn | 5.38 Bn | 662.00 Mn | 59.91% |
| 8 | Kodiak Gas Services | 5.61 Bn | 5.47 Bn | 246.76 Mn | 63.09% |
| 9 | Archrock | 5.50 Bn | 5.50 Bn | 244.51 Mn | 65.86% |
| 10 | Flotek Industries | 878.11 Mn | 873.71 Mn | 23.78 Mn | 23.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.93% |
| Mar 31, 2026 | 22.19% |
| Dec 31, 2025 | 22.50% |
| Sep 30, 2025 | 31.74% |
| Jun 30, 2025 | 24.69% |
| Mar 31, 2025 | 22.49% |
| Dec 31, 2024 | 24.19% |
| Sep 30, 2024 | 18.33% |
| Jun 30, 2024 | 19.87% |
| Mar 31, 2024 | 21.85% |
| Dec 31, 2023 | 22.35% |
| Sep 30, 2023 | 19.14% |
| Jun 30, 2023 | 7.72% |
| Mar 31, 2023 | 3.92% |
| Dec 31, 2022 | -4.30% |
| Sep 30, 2022 | -4.04% |
| Jun 30, 2022 | -7.85% |
| Mar 31, 2022 | -4.61% |
| Dec 31, 2021 | -2.34% |
| Sep 30, 2021 | 60.49% |