Filing Flows › Flotek Industries (FTK) › How it makes money
How Flotek Industries (FTK) makes money
Flotek Industries (FTK) made $114M of revenue in the third quarter 2026 (Q3 2026), +104% from a year earlier. Products brought in $99.6M (87%); Rental brought in $12.5M (11%); Services brought in $2.2M (2%). Of every dollar of revenue, 24¢ was left as gross profit, 16¢ was left as operating profit, 12¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Products | $99.6M | 87.1% | +18% | +109% |
| Rental | $12.5M | 10.9% | -0.7% | +106% |
| Services | $2.2M | 1.9% | -14% | -3% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $114M | 100.0% |
| Cost of revenue | $87.0M | 76.0% |
| Gross profit | $27.4M | 24.0% |
| Operating expenses | $9.4M | 8.3% |
| Operating profit | $18.0M | 15.7% |
| Income tax | $3.0M | 2.7% |
| Net earnings | $13.3M | 11.6% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $114M | +104% |
| Q2 2026 | $99.4M | +70% |
| Q1 2026 | $70.1M | +26% |
| Q4 2025 | $67.5M | +33% |
| Q3 2025 | $56.0M | +13% |
| Q2 2025 | $58.4M | +26% |
| Q1 2025 | $55.4M | +37% |
From Flotek Industries' 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does Flotek Industries make money?
Flotek Industries (FTK) made $114M of revenue in the third quarter 2026 (Q3 2026), +104% from a year earlier. Products brought in $99.6M (87%); Rental brought in $12.5M (11%); Services brought in $2.2M (2%). Of every dollar of revenue, 24¢ was left as gross profit, 16¢ was left as operating profit, 12¢ was left as net earnings.
What is Flotek Industries' biggest business?
Products: $99.6M in the third quarter 2026, 87% of revenue, +109% from a year earlier.
What is Flotek Industries' profit margin?
Net earnings were $13.3M, 11.6% of revenue, in the third quarter 2026; the operating margin was 15.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.