Filing Flows

Filing Flows › Flotek Industries (FTK) › Q2 2026

Flotek Industries (FTK) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

Flotek Industries (FTK) reported revenue of $99.4M for the second quarter 2026 (Q2 2026), +70% from a year earlier and +42% from the quarter before. Operating margin was 15.0%, net earnings $10.0M (10.0% of revenue).

Revenue$99.4M
Year over year+70%
Quarter over quarter+42%
Operating margin15.0%
Net earnings$10.0M

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 follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$99.4M+42%+70%
Gross profit$23.8M+53%+65%
Operating profit$14.9M+96%+475%
Net earnings$10.0M+113%+463%
Operating cash flow−$6.6M-31533%—

What changed

Revenue was $99.4M in Q2 2026, up 70% year over year and up 42% from the previous quarter. Products was the largest line at 85% of revenue. Products added $30.8M year over year (up 58%), 75% of the total change.

Gross margin was 23.9%, down 0.8 points from Q2 2025. Operating profit was $14.9M, a 15.0% margin (up 10.5 points year over year). Of the extra revenue versus Q2 2025, 30% reached operating profit, above the 4% margin then. Operating expenses fell 25% while revenue rose 70%. The fastest-growing cost line was SG&A (+14%). Net earnings were $10.0M, up 463% year over year. The effective tax rate was 26.5%.

Operating cash flow was −$6.6M. Non-cash charges added back $664K of depreciation and $1.2M of share-based compensation. Working capital and other items used $18.4M. Capital expenditures of $237K exceeded it, leaving free cash flow of −$6.8M.

Questions

What was Flotek Industries' revenue in the second quarter 2026?

Flotek Industries (FTK) reported revenue of $99.4M for the second quarter 2026 (Q2 2026), +70% from a year earlier and +42% from the quarter before.

Was Flotek Industries profitable in the second quarter 2026?

Operating profit was $14.9M (15.0% of revenue) and net earnings $10.0M.

Open the interactive Sankey →

Source: Flotek Industries 10-Q on SEC EDGAR.