Flotek Industries (FTK) Operating Expenses (2010 - 2026)
Flotek Industries (FTK) posted quarterly 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 reported Operating Expenses for 17 consecutive years, with $8.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 15.55% year-over-year to $8.0 million; the TTM figure through Mar 2026 stood at $37.7 million (up 37.64% YoY), while the FY2025 annual figure was $36.6 million, up 34.57% from the prior year.
- Operating Expenses declined to $8.0 million in Q1 2026 per FTK's latest filing, from $9.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $14.8 million in Q4 2022 and bottomed at -$16.6 million in Q1 2023.
- Historically, Operating Expenses has averaged $6.0 million across 5 years, with a median of $7.1 million in 2024.
- On a YoY basis, Operating Expenses climbed as much as 161.3% in 2022 and fell as far as 276.79% in 2022.
- Flotek Industries' Operating Expenses stood at $14.8 million in 2022, then sank by 52.7% to $7.0 million in 2023, then advanced by 1.75% to $7.1 million in 2024, then increased by 29.04% to $9.2 million in 2025, then dropped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 324.00 Mn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 723.00 Mn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -484,107.00 Bn |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 2.28 Bn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 4.94 Bn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 1.04 Bn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 998.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 266.88 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 39.97 Mn |
| 10 | Flotek Industries | 904.68 Mn | 900.28 Mn | 23.78 Mn | 8.90 Mn |
Historic Data
Download 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 |