Flotek Industries (FTK) Operating Leases (2019 - 2026)
Flotek Industries (FTK) reported Operating Leases of $6.4 million for Q1 2026, down 13.4% year-over-year from $7.4 million in Q1 2025, and up 14.76% quarter-over-quarter from $5.6 million in Q4 2025.
Flotek Industries (FTK) Operating Leases (2019 - 2026) Analysis & Trends
Flotek Industries (FTK) has 8 years of Operating Leases data on file, last reported at $6.4 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $6.4 million, down 13.4% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.4 million (down 13.4% YoY), and the FY2025 annual result was $5.6 million, down 29.9% from the prior year.
- Operating Leases improved to $6.4 million in Q1 2026 per FTK's latest filing, from $5.6 million in the prior quarter.
- Over five years, Operating Leases peaked at $10.3 million in Q3 2023 and troughed at $5.6 million in Q4 2025.
- A 5-year average of $7.8 million and a median of $7.4 million in 2025 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2023 and 2025: Operating Leases soared 42.14% in 2023, then sank 30.85% in 2025.
- A 5-year view of Operating Leases shows it stood at $8.0 million in 2022, then decreased by 4.57% to $7.7 million in 2023, then grew by 4.22% to $8.0 million in 2024, then slipped by 29.9% to $5.6 million in 2025, then gained by 14.76% to $6.4 million in 2026.
- Business Quant data shows FTK's Operating Leases at $6.4 million in Q1 2026, $5.6 million in Q4 2025, and $5.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn |
| 10 | Flotek Industries | 849.07 Mn | 848.97 Mn | 15.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.44 Mn |
| Dec 31, 2025 | 5.61 Mn |
| Sep 30, 2025 | 5.89 Mn |
| Jun 30, 2025 | 7.07 Mn |
| Mar 31, 2025 | 7.43 Mn |
| Dec 31, 2024 | 8.00 Mn |
| Sep 30, 2024 | 8.51 Mn |
| Jun 30, 2024 | 9.01 Mn |
| Mar 31, 2024 | 9.20 Mn |
| Dec 31, 2023 | 7.68 Mn |
| Sep 30, 2023 | 10.28 Mn |
| Jun 30, 2023 | 6.58 Mn |
| Mar 31, 2023 | 10.18 Mn |
| Dec 31, 2022 | 8.04 Mn |
| Sep 30, 2022 | 7.24 Mn |
| Jun 30, 2022 | 7.33 Mn |
| Mar 31, 2022 | 7.43 Mn |
| Dec 31, 2021 | 8.38 Mn |
| Sep 30, 2021 | 7.89 Mn |
| Jun 30, 2021 | 8.01 Mn |