Flotek Industries (FTK) Operating Leases (2019 - 2026)
Flotek Industries (FTK) posted quarterly Operating Leases of $5.1 million for Q1 2026, down 15.81% year-over-year from $6.1 million in Q1 2025, and down 8.18% quarter-over-quarter from $5.6 million in Q4 2025.
Flotek Industries (FTK) Operating Leases (2019 - 2026) Analysis & Trends
Flotek Industries (FTK) has reported Operating Leases for 8 consecutive years, with $5.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases fell 15.81% year-over-year to $5.1 million; the TTM figure through Mar 2026 stood at $5.1 million (down 15.81% YoY), while the FY2025 annual figure was $5.6 million, down 13.91% from the prior year.
- Operating Leases retreated to $5.1 million in Q1 2026 per FTK's latest filing, from $5.6 million in the prior quarter.
- Across five years, Operating Leases topped out at $10.3 million in Q3 2023 and bottomed at $5.1 million in Q1 2026.
- Historically, Operating Leases has averaged $7.4 million across 5 years, with a median of $7.1 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Leases soared 42.14% — and 2024, when it tumbled 35.66%.
- Flotek Industries' Operating Leases stood at $8.0 million in 2022, then grew by 25.87% to $10.1 million in 2023, then plunged by 35.66% to $6.5 million in 2024, then decreased by 13.91% to $5.6 million in 2025, then declined by 8.18% to $5.1 million in 2026.
- Business Quant data shows FTK's Operating Leases at $5.1 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 | 79.95 Bn | 75.87 Bn | 4.63 Bn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn |
| 10 | Flotek Industries | 904.68 Mn | 900.28 Mn | 23.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.17 Mn |
| Mar 31, 2026 | 5.15 Mn |
| Dec 31, 2025 | 5.61 Mn |
| Sep 30, 2025 | 5.89 Mn |
| Jun 30, 2025 | 7.07 Mn |
| Mar 31, 2025 | 6.12 Mn |
| Dec 31, 2024 | 6.51 Mn |
| Sep 30, 2024 | 6.87 Mn |
| Jun 30, 2024 | 7.14 Mn |
| Mar 31, 2024 | 9.20 Mn |
| Dec 31, 2023 | 10.13 Mn |
| Sep 30, 2023 | 10.28 Mn |
| Jun 30, 2023 | 9.49 Mn |
| Mar 31, 2023 | 7.13 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 | 8.47 Mn |