Flotek Industries (FTK) Tax Provisions (2010 - 2026)
Flotek Industries' (FTK) quarterly Tax Provisions came in at $1.6 million in Q1 2026, up 2414.06% year-on-year from $64000.0 in Q1 2025, and down 2.96% on a QoQ basis from $1.7 million in Q4 2025.
Flotek Industries (FTK) Tax Provisions (2010 - 2026) Analysis & Trends
Flotek Industries (FTK) has 17 years of Tax Provisions data on file, last reported at $1.6 million in Q1 2026.
- On a quarterly basis, Tax Provisions rose 2414.06% year-over-year to $1.6 million in Q1 2026; TTM through Mar 2026 was -$9.3 million, a 2076.27% decrease from a year earlier, with the FY2025 full-year figure at -$10.9 million, down 1775.35% from the prior year.
- Tax Provisions for Q1 2026 stood at $1.6 million, down from $1.7 million in the prior quarter.
- Over the last five years, Tax Provisions for FTK reached as high as $1.7 million in Q4 2025 and fell as low as -$12.6 million in Q3 2025.
- Historically, Tax Provisions has averaged -$499294.1 across 5 years, with a median of $37000.0 in 2024.
- Across the five-year window, Tax Provisions jumped 2588.89% in 2024 and sank 34186.49% in 2025, its largest moves.
- Year by year, Tax Provisions stood at -$123000.0 in 2022, then surged by 141.46% to $51000.0 in 2023, then soared by 598.04% to $356000.0 in 2024, then jumped by 365.73% to $1.7 million in 2025, then fell by 2.96% to $1.6 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $1.6 million in Q1 2026, $1.7 million in Q4 2025, and -$12.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 195.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | - |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 95.90 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 105.00 Mn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 15.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 33.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 23.40 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 18.72 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 2.76 Mn |
| 10 | Flotek Industries | 926.33 Mn | 926.22 Mn | 15.54 Mn | 1.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.61 Mn |
| Dec 31, 2025 | 1.66 Mn |
| Sep 30, 2025 | -12.61 Mn |
| Jun 30, 2025 | 17,000.00 |
| Mar 31, 2025 | 64,000.00 |
| Dec 31, 2024 | 356,000.00 |
| Sep 30, 2024 | 37,000.00 |
| Jun 30, 2024 | 15,000.00 |
| Mar 31, 2024 | 242,000.00 |
| Dec 31, 2023 | 51,000.00 |
| Sep 30, 2023 | 81,000.00 |
| Jun 30, 2023 | 7,000.00 |
| Mar 31, 2023 | 9,000.00 |
| Dec 31, 2022 | -123,000.00 |
| Sep 30, 2022 | 7,000.00 |
| Jun 30, 2022 | 98,000.00 |
| Mar 31, 2022 | -4,000.00 |
| Dec 31, 2021 | -70,000.00 |
| Sep 30, 2021 | 3,000.00 |
| Jun 30, 2021 | 21,000.00 |