Flotek Industries (FTK) Operating Expenses (2010 - 2026)

Flotek Industries (FTK) reported Operating Expenses of $8.0 million for Q1 2026, up 15.55% year-over-year from $6.9 million in Q1 2025, and down 13.62% quarter-over-quarter from $9.2 million in Q4 2025.

Flotek Industries (FTK) Operating Expenses (2010 - 2026) Analysis & Trends

Flotek Industries (FTK) has 17 years of Operating Expenses data on file, last reported at $8.0 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $8.0 million, up 15.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $37.7 million (up 37.64% YoY), and the FY2025 annual result was $36.6 million, up 34.57% from the prior year.
  • Operating Expenses retreated to $8.0 million in Q1 2026 per FTK's latest filing, from $9.2 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 $6.0 million and a median of $7.1 million in 2024 frame the typical range for Operating Expenses.
  • On a YoY basis, Operating Expenses climbed as much as 161.3% in 2022 and fell as far as 276.79% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $14.8 million in 2022, then plunged by 52.7% to $7.0 million in 2023, then gained by 1.75% to $7.1 million in 2024, then grew by 29.04% to $9.2 million in 2025, then slipped by 13.62% to $8.0 million in 2026.
  • Business Quant data shows FTK's Operating Expenses at $8.0 million in Q1 2026, $9.2 million in Q4 2025, and $8.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 261.00 Mn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 732.00 Mn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 4.72 Bn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 2.14 Bn
5 Enerflex 8.62 Bn 8.57 Bn - -76.01 Mn
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 9.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 1.03 Bn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 45.83 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 238.95 Mn
10 Flotek Industries 849.07 Mn 848.97 Mn 15.54 Mn 7.95 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 5.85 Mn