Flotek Industries (FTK) Net Income (2010 - 2026)
Flotek Industries (FTK) posted quarterly Net Income of $4.7 million for Q1 2026, down 13.31% year-over-year from $5.4 million in Q1 2025, and up 54.18% quarter-over-quarter from $3.0 million in Q4 2025.
Flotek Industries (FTK) Net Income (2010 - 2026) Analysis & Trends
Flotek Industries (FTK) has reported Net Income for 16 consecutive years, with $4.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income fell 13.31% year-over-year to $4.7 million; the TTM figure through Mar 2026 stood at $29.8 million (up 108.24% YoY), while the FY2025 annual figure was $30.5 million, up 190.8% from the prior year.
- Net Income rose to $4.7 million in Q1 2026 per FTK's latest filing, from $3.0 million in the prior quarter.
- Across five years, Net Income topped out at $21.3 million in Q1 2023 and bottomed at -$19.0 million in Q4 2022.
- Historically, Net Income has averaged $1.7 million across 5 years, with a median of $2.1 million in 2023.
- Annual changes were most pronounced in 2022 — Net Income tumbled 3792.34% — and 2024, when it soared 9500.0%.
- Flotek Industries' Net Income stood at -$19.0 million in 2022, then jumped by 111.06% to $2.1 million in 2023, then soared by 110.55% to $4.4 million in 2024, then sank by 31.72% to $3.0 million in 2025, then soared by 54.18% to $4.7 million in 2026.
- Business Quant data shows FTK's Net Income at $4.7 million in Q1 2026, $3.0 million in Q4 2025, and $20.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 815.00 Mn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 682.00 Mn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 656,011.00 Bn |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 365.70 Mn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 538.00 Mn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 116.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 42.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 52.14 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 67.17 Mn |
| 10 | Flotek Industries | 898.35 Mn | 893.95 Mn | 23.78 Mn | 9.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.95 Mn |
| Mar 31, 2026 | 4.66 Mn |
| Dec 31, 2025 | 3.03 Mn |
| Sep 30, 2025 | 20.36 Mn |
| Jun 30, 2025 | 1.77 Mn |
| Mar 31, 2025 | 5.38 Mn |
| Dec 31, 2024 | 4.43 Mn |
| Sep 30, 2024 | 2.53 Mn |
| Jun 30, 2024 | 1.97 Mn |
| Mar 31, 2024 | 1.56 Mn |
| Dec 31, 2023 | 2.10 Mn |
| Sep 30, 2023 | 1.29 Mn |
| Jun 30, 2023 | -21,000.00 |
| Mar 31, 2023 | 21.34 Mn |
| Dec 31, 2022 | -19.03 Mn |
| Sep 30, 2022 | -18.79 Mn |
| Jun 30, 2022 | 6.24 Mn |
| Mar 31, 2022 | -10.72 Mn |
| Dec 31, 2021 | -16.19 Mn |
| Sep 30, 2021 | 509,000.00 |