Filing Flows › Flotek Industries (FTK) › Q2 2026 › vs Q1 2026
Flotek Industries (FTK) Q2 2026 vs Q1 2026 (quarter over quarter)
Flotek Industries's revenue rose $29.3M (+42%) from $70.1M in Q1 2026 to $99.4M in Q2 2026. The biggest changes: Products +$23.6M (+39%); Rental +$5.4M (+76%); Services +$319K (+14%). Gross margin 23.9% against 22.2% (+1.7 pts).
Flotek Industries, Q2 2026: revenue $99.4M (+70% year over year), operating margin 15.0%, net earnings $10.0M, operating cash flow −$6.6M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 23.9% | 22.2% | +1.7 pts |
| Operating margin | 15.0% | 10.8% | +4.1 pts |
| Net margin | 10.0% | 6.7% | +3.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Products | $84.2M | $60.6M | $23.6M | +39% |
| Rental | $12.6M | $7.2M | $5.4M | +76% |
| Services | $2.6M | $2.3M | $319K | +14% |
| Revenue | $99.4M | $70.1M | $29.3M | +42% |
| Gross profit | $23.8M | $15.5M | $8.2M | +53% |
| Cost of revenue | $75.6M | $54.5M | $21.1M | +39% |
| Operating profit | $14.9M | $7.6M | $7.3M | +96% |
| Operating expenses | $8.9M | $8.0M | $945K | +12% |
| Pre-tax earnings | $13.5M | $6.3M | $7.3M | +116% |
| Other expense, net | $1.4M | $1.3M | $36K | +3% |
| Research & development | $497K | $396K | $101K | +26% |
| SG&A | $7.7M | $6.9M | $811K | +12% |
| Other operating costs | $664K | $631K | $33K | +5% |
| Net earnings | $10.0M | $4.7M | $5.3M | +113% |
| Income tax | $3.6M | $1.6M | $2.0M | +123% |
| Operating cash sources | $18.4M | $6.1M | $12.3M | +202% |
| Depreciation | $664K | $631K | $33K | +5% |
| Share-based compensation | $1.2M | $824K | $385K | +47% |
| Cash used in operations | $6.6M | −$21K | $6.6M | — |
| Working capital & other | $18.4M | $6.1M | $12.3M | +202% |
Questions
How much did Flotek Industries's revenue grow quarter over quarter in Q2 2026?
Flotek Industries's revenue rose $29.3M (+42%) from $70.1M in Q1 2026 to $99.4M in Q2 2026.
What drove Flotek Industries's revenue change in Q2 2026?
Products +$23.6M (+39%); Rental +$5.4M (+76%); Services +$319K (+14%).