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

Flotek Industries' (FTK) quarterly Gross Margin came in at 22.19% in Q1 2026, down 30.0% year-on-year from 31.69% in Q1 2025, and down 1.41% on a QoQ basis 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.

  • On a quarterly basis, Gross Margin fell 30.0% year-over-year to 22.19% in Q1 2026; TTM through Mar 2026 was 24.98%, a 368.0% increase from a year earlier, with the FY2025 full-year figure at 25.22%, up 416.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 22.19%, down from 22.5% in the prior quarter.
  • Over the last five years, Gross Margin for FTK reached as high as 31.74% in Q3 2025 and fell as low as 7.85% in Q2 2022.
  • Historically, Gross Margin has averaged 14.13% across 5 years, with a median of 19.87% in 2024.
  • Across the five-year window, Gross Margin slumped 6452 bps in 2022 and soared 2665 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 4.3% in 2022, then surged by 620 bps to 22.35% in 2023, then gained by 8 bps to 24.19% in 2024, then retreated by 7 bps to 22.5% in 2025, then slipped by 1 bps to 22.19% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 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 78.08 Bn 74.69 Bn 5.38 Bn 61.69%
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 33.87%
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 65.69%
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 37.69%
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 18.47%
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 70.23%
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 66.20%
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 18.38%
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 64.46%
10 Flotek Industries 926.33 Mn 926.22 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 -4.61%
Dec 31, 2021 -2.34%
Sep 30, 2021 60.49%
Jun 30, 2021 -17.57%