Flotek Industries (FTK) Operating Leases (2019 - 2026)
Flotek Industries' (FTK) quarterly Operating Leases came in at $5.1 million in Q1 2026, down 15.81% year-on-year from $6.1 million in Q1 2025, and down 8.18% on a QoQ basis 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 $5.1 million in Q1 2026.
- On a quarterly basis, Operating Leases fell 15.81% year-over-year to $5.1 million in Q1 2026; TTM through Mar 2026 was $5.1 million, a 15.81% decrease from a year earlier, with the FY2025 full-year figure at $5.6 million, down 13.91% from the prior year.
- Operating Leases for Q1 2026 stood at $5.1 million, down from $5.6 million in the prior quarter.
- Over the last five years, Operating Leases for FTK reached as high as $10.3 million in Q3 2023 and fell as low as $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.
- Across the five-year window, Operating Leases jumped 42.14% in 2023 and sank 35.66% in 2024, its largest moves.
- Year by year, Operating Leases stood at $8.0 million in 2022, then rose by 25.87% to $10.1 million in 2023, then plunged by 35.66% to $6.5 million in 2024, then dropped by 13.91% to $5.6 million in 2025, then retreated by 8.18% to $5.1 million in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $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 | 78.08 Bn | 74.69 Bn | 5.38 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn |
| 10 | Flotek Industries | 926.33 Mn | 926.22 Mn | 15.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 8.60 Mn |