Flotek Industries (FTK) Operating Expenses (2010 - 2026)
Flotek Industries' (FTK) quarterly Operating Expenses came in at $8.9 million in Q2 2026, down 24.73% year-over-year from $11.8 million in Q2 2025, and up 11.88% quarter-over-quarter from $8.0 million in Q1 2026.
Analysis
Flotek Industries (FTK) Operating Expenses (2010 - 2026) Analysis & Trends
Flotek Industries (FTK) has reported Operating Expenses for 17 consecutive years, with $8.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 24.73% year-over-year to $8.9 million in Q2 2026; TTM through Jun 2026 was $34.7 million, a 7.77% increase from a year earlier, with the FY2025 full-year figure at $36.6 million, up 34.57% from the prior year.
- Operating Expenses was $8.9 million for Q2 2026 at Flotek Industries, up from $8.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $14.8 million in Q4 2022 and troughed at -$16.6 million in Q1 2023.
- A 5-year average of $6.1 million and a median of $7.3 million in 2023 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 161.3% in 2022, down 276.79% in 2022.
- Over 5 years, Operating Expenses stood at $14.8 million in 2022, then sank by 52.7% to $7.0 million in 2023, then rose by 1.75% to $7.1 million in 2024, then climbed by 29.04% to $9.2 million in 2025, then declined by 3.36% to $8.9 million in 2026.
- The last three Operating Expenses figures came in at $8.9 million (Q2 2026), $8.0 million (Q1 2026), and $9.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.18 Bn | 142.67 Bn | 1.63 Bn | 907.00 Mn |
| 2 | Ati | 28.28 Bn | 27.50 Bn | 309.80 Mn | 99.60 Mn |
| 3 | Qnity Electronics | 26.28 Bn | 25.32 Bn | 666.00 Mn | 298.00 Mn |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | 613.00 Mn |
| 5 | DuPont de Nemours | 17.40 Bn | 15.66 Bn | 639.00 Mn | 311.00 Mn |
| 6 | Avery Dennison | 12.97 Bn | 12.74 Bn | 729.40 Mn | 394.80 Mn |
| 7 | Solstice Advanced Materials | 10.03 Bn | 9.28 Bn | 370.00 Mn | 148.00 Mn |
| 8 | Element Solutions | 8.73 Bn | 8.54 Bn | 334.00 Mn | 220.30 Mn |
| 9 | Eastman Chemical | 7.82 Bn | 7.13 Bn | 560.00 Mn | 251.00 Mn |
| 10 | Flotek Industries | 994.69 Mn | 990.29 Mn | 23.78 Mn | 8.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.90 Mn |
| Mar 31, 2026 | 7.95 Mn |
| Dec 31, 2025 | 9.21 Mn |
| Sep 30, 2025 | 8.68 Mn |
| Jun 30, 2025 | 11.82 Mn |
| Mar 31, 2025 | 6.88 Mn |
| Dec 31, 2024 | 7.13 Mn |
| Sep 30, 2024 | 6.40 Mn |
| Jun 30, 2024 | 6.95 Mn |
| Mar 31, 2024 | 6.71 Mn |
| Dec 31, 2023 | 7.01 Mn |
| Sep 30, 2023 | 7.43 Mn |
| Jun 30, 2023 | 3.23 Mn |
| Mar 31, 2023 | -16.63 Mn |
| Dec 31, 2022 | 14.82 Mn |
| Sep 30, 2022 | 14.44 Mn |
| Jun 30, 2022 | -10.34 Mn |
| Mar 31, 2022 | 9.81 Mn |
| Dec 31, 2021 | 15.40 Mn |
| Sep 30, 2021 | 5.53 Mn |