Flotek Industries, Inc. (FTK)
NYSE:FTK
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.13Last Year’s EPS
0.16Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call emphasized strong, high-margin growth driven by the data analytics segment (large YoY percentage increases, outsized contribution to gross profit, and a growing multi-year backlog), robust adjusted EBITDA expansion, product recognition (XSpec) and a growing Power Services pipeline. These positives outweigh the headwinds: a significant YoY decline in external chemistry revenue, a dip in net income per share driven by higher interest/depreciation and a higher tax rate, some soft domestic demand pockets (flare monitoring), and short-term logistics/commodity-cycle exposure. Management highlighted conservative guidance while signaling material upside from conditioning assets, utilities work, and larger distributed power opportunities.Company Guidance
Total Revenue Growth
Total company revenue grew 27% year over year (Q1 2026 vs Q1 2025) and 4% sequentially, marking the highest quarterly revenue since 2017.
Data Analytics - Rapid Expansion and Margin Improvement
Data analytics revenue showed triple-/quadruple-digit growth: management highlighted 295% growth in data analytics overall and service revenues up ~785% YoY. Data analytics service revenue accounted for 82% of the segment this quarter and the segment's gross profit margin reached 75% (vs 38% prior-year). Data analytics represented 15% of total company revenue (up from 5% prior-year) and now accounts for ~50% of company gross profit (vs 8% prior-year).
Adjusted EBITDA and Gross Profit
Adjusted EBITDA grew 44% year over year. Company gross profit increased 25% YoY; gross profit margin was ~22% for the quarter (in line with the prior-year quarter).
Power Services / PowerTech Traction and Backlog
Power Services momentum: added measurement units (21 units since close of PowerTech deal), multiple recent orders (including 27-unit and 15-unit orders), and deployments for utility recovery work. Expected backlog: $34.1 million for remainder of 2026 and a three-year expected backlog >$90 million. Management expects proprietary analyzers on >50% of active North American e-frac and gas-powered fleets by year-end.
Notable Contract Wins and Pipeline
Awarded a utilities infrastructure contract (phase one mobilized ~12 MW of distributed power; potential phase two of 15–20 MW, total expected 25–30 MW). Management cites line of sight to >200 MW of additional distributed power opportunities in the pipeline.
Product Recognition and Commercial Deployment
XSpec Analyzer achieved industry milestone (first optical instrument to meet GPA 2172 custody-transfer reproducibility/repeatability) and was named Product of the Year at the 2026 Analyzer Technology Conference. Units deployed/contracted rose from 25 at YE2025 to 57 (management later indicated more than doubled and a target of ~150 units by year-end).
Related-Party Revenue Strength and Operational Leverage
Related-party revenue increased approximately $21 million (~70% YoY). Excluding stock-based compensation, G&A declined to 8.7% of revenue (from 10.5% prior-year), reflecting operating leverage. Management expects 2026 revenue guidance of $270M–$290M and adjusted EBITDA guidance of $36M–$41M (midpoints imply ~18% and ~17% growth vs 2025).
Balance Sheet and Capital Deployment
New equipment credit (related party) of $12.5M established; ~ $10M of POs already placed for distribution/conditioning assets expected in service in 2026. Using midpoint guidance, leverage ~1.0x net debt (below 1.0x when including non-cash amortization), indicating low leverage and financial flexibility.
FTK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FTK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $16.86 | $16.33 | -3.14% |
Mar 11, 2026 | $17.29 | $18.36 | +6.19% |
Nov 04, 2025 | $16.60 | $16.86 | +1.57% |
Aug 05, 2025 | $11.90 | $12.02 | +1.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Flotek Industries, Inc. (FTK) report earnings?
Flotek Industries, Inc. (FTK) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is Flotek Industries, Inc. (FTK) earnings time?
Flotek Industries, Inc. (FTK) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is FTK EPS forecast?
FTK EPS forecast for the fiscal quarter 2026 (Q2) is 0.13.