Flotek Industries (FTK) Research & Development (2010 - 2026)
Flotek Industries (FTK) posted quarterly Research & Development of $396000.0 for Q1 2026, up 11.55% year-over-year from $355000.0 in Q1 2025, and down 14.47% quarter-over-quarter from $463000.0 in Q4 2025.
Flotek Industries (FTK) Research & Development (2010 - 2026) Analysis & Trends
Flotek Industries (FTK) has reported Research & Development for 17 consecutive years, with $396000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 11.55% year-over-year to $396000.0; the TTM figure through Mar 2026 stood at $1.9 million (up 12.03% YoY), while the FY2025 annual figure was $1.8 million, up 6.3% from the prior year.
- Research & Development eased to $396000.0 in Q1 2026 per FTK's latest filing, from $463000.0 in the prior quarter.
- Across five years, Research & Development topped out at $1.4 million in Q1 2022 and bottomed at $255000.0 in Q4 2023.
- Historically, Research & Development has averaged $638588.2 across 5 years, with a median of $481000.0 in 2024.
- Annual changes were most pronounced in 2023 — Research & Development tumbled 72.37% — and 2024, when it soared 43.14%.
- Flotek Industries' Research & Development stood at $923000.0 in 2022, then slumped by 72.37% to $255000.0 in 2023, then jumped by 43.14% to $365000.0 in 2024, then gained by 26.85% to $463000.0 in 2025, then slipped by 14.47% to $396000.0 in 2026.
- Business Quant data shows FTK's Research & Development at $396000.0 in Q1 2026, $463000.0 in Q4 2025, and $549000.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 171.00 Mn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 143.00 Mn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 25.70 Mn |
| 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 | 20.00 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 | 497,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 497,000.00 |
| Mar 31, 2026 | 396,000.00 |
| Dec 31, 2025 | 463,000.00 |
| Sep 30, 2025 | 549,000.00 |
| Jun 30, 2025 | 455,000.00 |
| Mar 31, 2025 | 355,000.00 |
| Dec 31, 2024 | 365,000.00 |
| Sep 30, 2024 | 462,000.00 |
| Jun 30, 2024 | 481,000.00 |
| Mar 31, 2024 | 406,000.00 |
| Dec 31, 2023 | 255,000.00 |
| Sep 30, 2023 | 757,000.00 |
| Jun 30, 2023 | 860,000.00 |
| Mar 31, 2023 | 614,000.00 |
| Dec 31, 2022 | 923,000.00 |
| Sep 30, 2022 | 985,000.00 |
| Jun 30, 2022 | 1.12 Mn |
| Mar 31, 2022 | 1.42 Mn |
| Dec 31, 2021 | 1.34 Mn |
| Sep 30, 2021 | 1.19 Mn |