Flotek Industries (FTK) Gross Margin (2010 - 2026)
Flotek Industries (FTK) reported Gross Margin of 23.93% for Q2 2026, down 0.76 percentage points from 24.69% a year earlier but up 1.75 percentage points from the prior quarter.
Flotek Industries (FTK) Gross Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Flotek Industries' Gross Margin came in at 24.68%, up 2.15 percentage points year-over-year; for FY2025, it came in at 25.22%, up 4.16 percentage points from FY2024.
- Gross Margin has increased for three consecutive years, with a five-year change of +79.17 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 21.06% in FY2024 (+8.16 pp), 12.90% in FY2023 (+17.83 pp), -4.92% in FY2022 (-12.45 pp) and 7.53% in FY2021 (+61.48 pp).
- Five-year quarterly Gross Margin spans a low of -8.08% in Q4 2021 and a high of 60.49% in Q3 2021.
- Year over year, Gross Margin has now declined in each of the last three quarters, with an average year-over-year change of +2.14 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q3 2021 (a gain of 191.79 percentage points); the low point was Q3 2022 (a drop of 64.52 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 22.19% (Q1 2026), 22.50% (Q4 2025) and 31.74% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 47.67% |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 36.14% |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 49.17% |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | 32.77% |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 57.39% |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 22.21% |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 30.07% |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 46.61% |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 24.57% |
| 10 | Flotek Industries | 1.06 Bn | 1.04 Bn | 23.78 Mn | 23.93% |
Historic 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 | -3.72% |
| Dec 31, 2021 | -8.08% |
| Sep 30, 2021 | 60.49% |
Flotek Industries Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FTK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FTK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FTK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();