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
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