Flotek Industries (FTK) Operating Expenses (2010 - 2026)
Flotek Industries' (FTK) quarterly Operating Expenses came in at $8.0 million in Q1 2026, up 15.55% year-on-year from $6.9 million in Q1 2025, and down 13.62% on a QoQ basis 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.
- On a quarterly basis, Operating Expenses rose 15.55% year-over-year to $8.0 million in Q1 2026; TTM through Mar 2026 was $37.7 million, a 37.64% increase from a year earlier, with the FY2025 full-year figure at $36.6 million, up 34.57% from the prior year.
- Operating Expenses for Q1 2026 stood at $8.0 million, down from $9.2 million in the prior quarter.
- Over the last five years, Operating Expenses for FTK reached as high as $14.8 million in Q4 2022 and fell as low as -$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.
- Year by year, Operating Expenses stood at $14.8 million in 2022, then sank by 52.7% to $7.0 million in 2023, then grew by 1.75% to $7.1 million in 2024, then gained by 29.04% to $9.2 million in 2025, then fell by 13.62% to $8.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | 78.08 Bn | 74.69 Bn | 5.38 Bn | 261.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | -466.59 Mn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 2.14 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 4.72 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 9.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 998.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 45.37 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 69.48 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 238.95 Mn |
| 10 | Flotek Industries | 926.33 Mn | 926.22 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 |