Flotek Industries (FTK) Operating Leases (2019 - 2026)
Flotek Industries' (FTK) quarterly Operating Leases came in at $6.2 million in Q2 2026, down 12.63% year-over-year from $7.1 million in Q2 2025, and down 4.09% quarter-over-quarter from $6.4 million in Q1 2026.
Analysis
Flotek Industries (FTK) Operating Leases (2019 - 2026) Analysis & Trends
Flotek Industries (FTK) has reported Operating Leases for 8 consecutive years, with $6.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Leases fell 12.63% year-over-year to $6.2 million in Q2 2026; TTM through Jun 2026 was $6.2 million, a 12.63% decrease from a year earlier, with the FY2025 full-year figure at $6.9 million, down 14.26% from the prior year.
- Operating Leases was $6.2 million for Q2 2026 at Flotek Industries, down from $6.4 million in the prior quarter.
- Over five years, Operating Leases peaked at $11.4 million in Q4 2022 and troughed at $6.2 million in Q2 2026.
- A 5-year average of $8.3 million and a median of $7.7 million in 2024 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases surged 42.14% in 2023 and dropped 21.54% in 2025, its largest moves.
- Over 5 years, Operating Leases stood at $11.4 million in 2022, then declined by 10.97% to $10.1 million in 2023, then fell by 20.99% to $8.0 million in 2024, then retreated by 14.26% to $6.9 million in 2025, then retreated by 10.0% to $6.2 million in 2026.
- The last three Operating Leases figures came in at $6.2 million (Q2 2026), $6.4 million (Q1 2026), and $6.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Corning | 132.90 Bn | 130.97 Bn | 1.63 Bn |
| 2 | Ati | 28.67 Bn | 28.01 Bn | 309.80 Mn |
| 3 | Qnity Electronics | 25.20 Bn | 24.52 Bn | 666.00 Mn |
| 4 | International Flavors & Fragrances | 22.04 Bn | 21.50 Bn | 853.00 Mn |
| 5 | DuPont de Nemours | 17.77 Bn | 16.15 Bn | 639.00 Mn |
| 6 | Avery Dennison | 13.29 Bn | 13.06 Bn | 729.40 Mn |
| 7 | Solstice Advanced Materials | 10.12 Bn | 9.38 Bn | 370.00 Mn |
| 8 | Element Solutions | 8.77 Bn | 8.60 Bn | 334.00 Mn |
| 9 | Eastman Chemical | 8.14 Bn | 7.53 Bn | 560.00 Mn |
| 10 | Flotek Industries | 851.48 Mn | 847.08 Mn | 23.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.17 Mn |
| Mar 31, 2026 | 6.44 Mn |
| Dec 31, 2025 | 6.86 Mn |
| Sep 30, 2025 | 7.10 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 | 10.13 Mn |
| Sep 30, 2023 | 10.28 Mn |
| Jun 30, 2023 | 9.49 Mn |
| Mar 31, 2023 | 10.18 Mn |
| Dec 31, 2022 | 11.37 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 |