Flotek Industries (FTK) Tax Provisions (2010 - 2026)
Flotek Industries' (FTK) quarterly Tax Provisions came in at $3.6 million in Q2 2026, up 20964.71% year-over-year from N/an in Q2 2025, and up 122.56% quarter-over-quarter from $1.6 million in Q1 2026.
Analysis
Flotek Industries (FTK) Tax Provisions (2010 - 2026) Analysis & Trends
Flotek Industries (FTK) has reported Tax Provisions for 17 consecutive years, with $3.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Provisions rose 20964.71% year-over-year to $3.6 million in Q2 2026; TTM through Jun 2026 was -$5.8 million, a 1316.03% decrease from a year earlier, with the FY2025 full-year figure at -$10.9 million, down 1775.35% from the prior year.
- Tax Provisions was $3.6 million for Q2 2026 at Flotek Industries, up from $1.6 million in the prior quarter.
- Over five years, Tax Provisions peaked at $3.6 million in Q2 2026 and troughed at -$12.6 million in Q3 2025.
- A 5-year average of -$272611.1 and a median of $44000.0 in 2023 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions plunged 34186.49% in 2025 and soared 20964.71% in 2026, its largest moves.
- Over 5 years, Tax Provisions stood at -$123000.0 in 2022, then jumped by 141.46% to $51000.0 in 2023, then surged by 598.04% to $356000.0 in 2024, then soared by 365.73% to $1.7 million in 2025, then jumped by 115.98% to $3.6 million in 2026.
- The last three Tax Provisions figures came in at $3.6 million (Q2 2026), $1.6 million (Q1 2026), and $1.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.18 Bn | 142.67 Bn | 1.63 Bn | 40.00 Mn |
| 2 | Ati | 28.28 Bn | 27.50 Bn | 309.80 Mn | 38.60 Mn |
| 3 | Qnity Electronics | 26.28 Bn | 25.32 Bn | 666.00 Mn | 63.00 Mn |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | 31.00 Mn |
| 5 | DuPont de Nemours | 17.40 Bn | 15.66 Bn | 639.00 Mn | 75.00 Mn |
| 6 | Avery Dennison | 12.97 Bn | 12.74 Bn | 729.40 Mn | 78.60 Mn |
| 7 | Solstice Advanced Materials | 10.03 Bn | 9.28 Bn | 370.00 Mn | 42.00 Mn |
| 8 | Element Solutions | 8.73 Bn | 8.54 Bn | 334.00 Mn | 29.80 Mn |
| 9 | Eastman Chemical | 7.82 Bn | 7.13 Bn | 560.00 Mn | 72.00 Mn |
| 10 | Flotek Industries | 994.69 Mn | 990.29 Mn | 23.78 Mn | 3.58 Mn |
Historic Data
Download Data
Historic 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 |