Flotek Industries (FTK) Research & Development (2010 - 2026)
Flotek Industries' Research & Development came in at $497,000 for Q2 2026, up 9.2% from $455,000 a year earlier and up 25.5% from the prior quarter.
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Analysis
Flotek Industries (FTK) Research & Development (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Flotek Industries reported Research & Development of $1.91 million, up 16.4% year-over-year; for FY2025, it was $1.82 million, up 6.3% from FY2024.
- Research & Development carries a five-year compound annual growth rate of -24.1% (FY2020 to FY2025).
- Going back by year, Research & Development was $1.71 million in FY2024 (-31.1%), $2.49 million in FY2023 (-44.0%), $4.44 million in FY2022 (-19.8%) and $5.54 million in FY2021 (-23.2%).
- The five-year range for quarterly Research & Development is $255,000 (Q4 2023) to $1.42 million (Q1 2022).
- Year-over-year, Research & Development has increased for four consecutive quarters, with growth averaging 6.6% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q4 2024 (growth of 43.1%), and the weakest in Q4 2023 (a decline of 72.4%).
- Business Quant data shows FTK's Research & Development at $396,000 (Q1 2026), $463,000 (Q4 2025) and $549,000 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.21 Bn | 201.33 Bn | 4.43 Bn | 37.00 Mn |
| 2 | Corning | 136.71 Bn | 129.84 Bn | 1.63 Bn | 299.00 Mn |
| 3 | Sherwin Williams | 80.23 Bn | 79.27 Bn | 3.34 Bn | - |
| 4 | Air Products & Chemicals | 62.17 Bn | 60.07 Bn | 1.04 Bn | 21.50 Mn |
| 5 | Corteva | 51.95 Bn | 40.75 Bn | 3.66 Bn | 388.00 Mn |
| 6 | LyondellBasell Industries | 37.59 Bn | 27.21 Bn | 2.04 Bn | 34.00 Mn |
| 7 | Nutrien | 34.30 Bn | 31.17 Bn | 3.25 Bn | - |
| 8 | Qnity Electronics | 26.28 Bn | 23.71 Bn | 666.00 Mn | 98.00 Mn |
| 9 | Ati | 25.72 Bn | 23.87 Bn | 309.80 Mn | - |
| 10 | Flotek Industries | 1.03 Bn | 1.01 Bn | 23.78 Mn | 497,000.00 |
Historic Data
Download Data
Historic 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 |
API Access
Flotek Industries Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=FTK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "FTK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=FTK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();