Flotek Industries (FTK) Gross Margin (2010 - 2026)

Flotek Industries (FTK) reported 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 17 years of Gross Margin data on file, last reported at 22.19% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 22.19%, down 30.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.98% (up 368.0% YoY), and the FY2025 annual result was 25.22%, up 416.0% from the prior year.
  • Gross Margin eased to 22.19% in Q1 2026 per FTK's latest filing, from 22.5% in the prior quarter.
  • Over five years, Gross Margin peaked at 31.74% in Q3 2025 and troughed at 7.85% in Q2 2022.
  • A 5-year average of 14.18% and a median of 19.87% in 2024 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 6452 bps in 2022, then surged 2665 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 4.3% in 2022, then surged by 620 bps to 22.35% in 2023, then grew by 8 bps to 24.19% in 2024, then dropped by 7 bps to 22.5% in 2025, then fell 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 53.57%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 22.98%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 37.69%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 59.67%
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 5.80%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 76.04%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 66.20%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 64.46%
10 Flotek Industries 849.07 Mn 848.97 Mn 15.54 Mn 22.19%

Historic Data

Download Data
DateValue
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 -3.72%
Dec 31, 2021 -9.97%
Sep 30, 2021 60.49%
Jun 30, 2021 -17.57%