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| Date | Value |
|---|---|
| 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% |