FLOTEK INDUSTRIES INC/CN/ Income Statement
FTK|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$237M
FY2025
Gross Profit
$60M
25.2% gross margin
Operating Income
$23M
FY2025
Net Income
$31M
FY2025
FLOTEK INDUSTRIES INC/CN/ reported $237M in revenue and $31M in net income for FY2025. Revenue has declined at a 0.6% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.91 (distress zone, below 1.23 threshold)
- Accrual-heavy earnings: Net income significantly exceeds operating cash flow
- Return on equity: 27.0% ROE
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $237.3M | $187.0M | $188.1M | $136.1M | $43.3M | $53.1M | $119.4M | $41.1M | $243.1M | $188.2M | $82.4M | $449.2M | $371.1M | $312.8M | $258.8M |
| Cost of Revenue | $177.4M | $147.6M | $163.8M | $142.8M | $40.0M | $81.8M | - | - | $215.1M | $170.3M | $172.0M | $189.1M | $223.5M | $181.2M | $153.0M |
| Gross Profit | $59.8M | $39.4M | $24.3M | -$6.7M | $3.3M | -$28.7M | - | - | - | $23.8M | $96.3M | $130.8M | $147.5M | $131.6M | $105.8M |
| SG&A Expense | $28.0M | $24.7M | $27.8M | $27.1M | $20.2M | $22.8M | $28.0M | $31.5M | $41.5M | $43.7M | $70.3M | $61.2M | $78.2M | $66.4M | $50.6M |
| R&D Expense | $1.8M | $1.7M | $2.5M | $4.4M | $5.5M | $7.2M | $8.9M | $10.4M | $13.1M | $9.3M | $6.7M | $4.8M | $3.8M | $3.2M | $2.3M |
| Operating Income | $23.2M | $12.2M | $23.2M | -$35.4M | -$31.5M | -$143.6M | -$75.5M | -$9.2M | -$10.3M | -$17.0M | $12.3M | $58.6M | $58.7M | $58.6M | $48.9M |
| Interest Expense | - | - | $2.9M | $7.1M | $78.0K | $60.0K | $2.0M | $2.9M | $2.2M | $2.0M | $1.5M | $1.4M | $2.1M | $8.1M | $16.0M |
| Income Tax | -$10.9M | $649.0K | $149.0K | -$22.0K | -$40.0K | -$6.2M | $262.0K | -$7.2M | $6.1M | -$2.2M | $3.5M | $17.2M | $20.8M | -$4.3M | $7.9M |
| Net Income | $30.5M | $10.5M | $24.7M | -$42.3M | -$30.5M | -$136.4M | -$33.9M | -$70.3M | -$27.4M | -$49.1M | -$13.5M | $53.6M | $36.2M | $49.8M | $31.4M |
| EPS (Basic) | $0.36 | $1.00 | -$3.41 | -$0.42 | -$2.00 | - | -$0.47 | -$0.88 | -$0.25 | $0.99 | $0.70 | $1.03 | $0.60 | -$1.94 | -$2.68 |
| EPS (Diluted) | $0.34 | -$0.10 | -$3.41 | -$0.42 | -$2.00 | -$0.57 | -$0.47 | -$0.88 | -$0.24 | $0.96 | $0.67 | $0.97 | $0.56 | -$1.94 | -$2.68 |
| Shares Outstanding | 29.8M | 29.7M | 13.0M | 73.5M | 73.1M | 59.5M | 57.3M | 56.8M | 57.0M | 53.5M | 53.4M | 51.8M | 49.6M | 49.2M | 35.3M |
| Gross Margin | 25.2% | 21.1% | 12.9% | -4.9% | 7.5% | -54.0% | - | - | - | 12.6% | 116.9% | 29.1% | 39.8% | 42.1% | 40.9% |
| Operating Margin | 9.8% | 6.5% | 12.3% | -26.0% | -72.7% | -270.3% | -63.3% | -22.5% | -4.3% | -9.0% | 14.9% | 13.1% | 15.8% | 18.7% | 18.9% |
| Profit Margin | 12.9% | 5.6% | 13.1% | -31.1% | -70.5% | -256.8% | -28.4% | -171.3% | -11.3% | -26.1% | -16.3% | 11.9% | 9.8% | 15.9% | 12.1% |