Filing Flows › Flotek Industries (FTK) › Q3 2026
Flotek Industries (FTK) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Flotek Industries (FTK) reported revenue of $114M for the third quarter 2026 (Q3 2026), +104% from a year earlier and +15% from the quarter before. Operating margin was 15.7%, net earnings $13.3M (11.6% of revenue).
Flotek Industries, Q3 2026: revenue $114M (+104% year over year), operating margin 15.7%, net earnings $13.3M, operating cash flow −$10.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $114M | +15% | +104% |
| Gross profit | $27.4M | +15% | +54% |
| Operating profit | $18.0M | +21% | +97% |
| Net earnings | $13.3M | +34% | -35% |
| Operating cash flow | −$10.3M | — | — |
What changed
Revenue was $114.4M in Q3 2026, up 104% year over year and up 15% from the previous quarter. Products was the largest line at 87% of revenue. Products added $52.0M year over year (up 109%), 89% of the total change. Services declined 3%.
Gross margin was 24.0%, down 7.8 points from Q3 2025. Operating profit was $18.0M, a 15.7% margin (down 0.5 points year over year). Of the extra revenue versus Q3 2025, 15% reached operating profit, below the 16% margin then. Operating expenses grew 9% against revenue growth of 104%. The fastest-growing cost line was SG&A (+15%). Net earnings were $13.3M, down 35% year over year. The effective tax rate was 18.6%.
Operating cash flow was −$10.3M. Non-cash charges added back $666K of depreciation and $1.0M of share-based compensation. Working capital and other items used $25.2M. Capital expenditures of $463K exceeded it, leaving free cash flow of −$10.7M.
Questions
What was Flotek Industries' revenue in the third quarter 2026?
Flotek Industries (FTK) reported revenue of $114M for the third quarter 2026 (Q3 2026), +104% from a year earlier and +15% from the quarter before.
Was Flotek Industries profitable in the third quarter 2026?
Operating profit was $18.0M (15.7% of revenue) and net earnings $13.3M.
Source: Flotek Industries 10-Q on SEC EDGAR.