Flotek Industries (FTK) Tax Provisions (2010 - 2026)
Flotek Industries (FTK) posted quarterly Tax Provisions of $1.6 million for Q1 2026, up 2414.06% year-over-year from $64000.0 in Q1 2025, and down 2.96% quarter-over-quarter from $1.7 million in Q4 2025.
Flotek Industries (FTK) Tax Provisions (2010 - 2026) Analysis & Trends
Flotek Industries (FTK) has reported Tax Provisions for 17 consecutive years, with $1.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions rose 2414.06% year-over-year to $1.6 million; the TTM figure through Mar 2026 stood at -$9.3 million (down 2076.27% YoY), while the FY2025 annual figure was -$10.9 million, down 1775.35% from the prior year.
- Tax Provisions retreated to $1.6 million in Q1 2026 per FTK's latest filing, from $1.7 million in the prior quarter.
- Across five years, Tax Provisions topped out at $1.7 million in Q4 2025 and bottomed at -$12.6 million in Q3 2025.
- Historically, Tax Provisions has averaged -$499294.1 across 5 years, with a median of $37000.0 in 2024.
- Annual changes were most pronounced in 2024 — Tax Provisions soared 2588.89% — and 2025, when it tumbled 34186.49%.
- Flotek Industries' Tax Provisions stood at -$123000.0 in 2022, then soared by 141.46% to $51000.0 in 2023, then jumped by 598.04% to $356000.0 in 2024, then surged by 365.73% to $1.7 million in 2025, then dropped by 2.96% to $1.6 million in 2026.
- Business Quant data shows FTK's Tax Provisions at $1.6 million in Q1 2026, $1.7 million in Q4 2025, and -$12.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 204.00 Mn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 210.00 Mn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -81,938.00 Bn |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 114.10 Mn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 126.00 Mn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 41.00 Mn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 33.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 21.10 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 25.82 Mn |
| 10 | Flotek Industries | 904.68 Mn | 900.28 Mn | 23.78 Mn | 3.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.58 Mn |
| 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 |