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