FTK
Flotek Industries, Inc.15.18
-0.37-2.38%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
PowerTech pipeline accelerates
Q&A unpacked PowerTech's accelerating pipeline: seven new customers via measurement trials, six field ops, and fleet doubling from 30 units on track by year-end, plus repeatable utility deals beyond the $27M 2026 lease. OEM engine integrations with four majors advance toward mid-2026 monetization. CapEx surges to $10-15M, covered by $20M OSP. Middle East Chemistry holds steady via costlier alt routes amid Strait risks. No walk-backs; reaffirms Data Analytics dominance. Pipeline surges. Investors watch deployments, international resilience.
Key Stats
Market Cap
456.28MP/E (TTM)
16.50Basic EPS (TTM)
0.92Dividend Yield
0%Recent Filings
10-K
FY2025 results
Flotek Industries crushed FY2025 with total revenues up 27% y/y to $237M, fueled by CT segment product sales jumping 26% externally while related-party chemistry volumes rose despite $27.4M Contract Shortfall Fees (down from $32.4M). Q4 momentum roared via the April PWRtek acquisition, unleashing $16.1M rental income that flipped DA to $7.9M operating profit from a prior loss—margins expanded to 25.2% overall. Gross profit soared 52%, operating income tripled to $23M; cash from ops hit $7M amid $64M related-party receivables. Lease deal locks ~$27M annual DA revenue through 2029. Yet ProFrac reliance (62% revenue) risks liquidity if oil prices tank.
8-K
Flotek revenue hits 2017 peak
Flotek crushed Q4 and full-year 2025 with $237M revenue—highest since 2017—up 27% from 2024, fueled by Data Analytics exploding 307% to $10M quarterly while Chemistry grew 19%. Gross profit soared 52% to $59.8M, net income tripled to $30.5M, and revised Adjusted EBITDA hit $32.8M, up 123%. Data Analytics now drives 48% of gross profit. Power services entry sets up recurring wins.
8-K
First utilities power contract
Flotek Industries landed its first utilities contract on March 3, 2026, to coordinate up to 50 MW power generation via PWRtek platform for federal disaster recovery after a wind-damaged area. The six-month term starts Q2 2026, with revenue tied to final power needs; full 50 MW deployment could yield ~$50M. Deployment ramps over weeks. Updates pending assessments.
8-K
Appoints new General Counsel
Flotek Industries appointed Christina M. Ibrahim as Senior Vice President, General Counsel, Chief Compliance Officer, and Corporate Secretary, effective March 2, 2026. She brings deep expertise from Select Water Solutions, Weatherford, and Halliburton to bolster legal and compliance amid growth. This strengthens leadership. CEO Ezell eyes market expansion.
8-K
Exec equity grants approved
Flotek Industries' Compensation Committee approved equity grants on February 24, 2026, to CEO Dr. Ryan Ezell (36,595 RSUs and 36,595 PRSUs) and CFO J. Bond Clement (16,635 each). RSUs vest in three annual installments; PRSUs tie half to Adjusted EBITDA growth from 2025 to 2027 and half to TSR vs. Russell 2000 Oil Equipment peers through 2028. Ties exec pay to long-term results. Non-compete covenants enforce alignment.
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