FLOTEK INDUSTRIES INC/CN/ (FTK) Company Report

Flotek reported strong Q3 2025 financial results, with revenue increasing 13% to $56.0 million, net income surging 704% to $20.4 million, and Adjusted EBITDA growing 142% to $11.7 million compared to Q3 2024.
The Data Analytics segment demonstrated significant growth, with revenue increasing 232% compared to Q3 2024, and service revenue growing 625% since Q3 2024. Data Analytics revenues for Q3 2025 equaled the full year 2024 DA revenues.
Flotek raised its FY 2025 guidance, now expecting Total Revenue between $220 million and $225 million and Adjusted EBITDA between $35 million and $40 million. The mid-point of the Adjusted EBITDA guidance, $37.5 million, would be the highest in over a decade.
This marks the 12th consecutive quarter of improved Adjusted EBITDA for Flotek, highlighting sustained profitability.

Nov 5, 2025, 3:00 PM

Flotek (FTK) Reports Strong Q3 2025 Results with Significant Data Analytics Growth and Raised 2025 Guidance

FTK

Earnings

Guidance Update

Revenue Acceleration/Inflection

Flotek (FTK) reported strong Q3 2025 financial results, with total revenue increasing 13% and gross profit climbing 95% compared to Q3 2024, reaching a 32% gross profit margin.
Net income for the quarter totaled $20.4 million ($0.53 per diluted share), including a $12.6 million non-cash tax benefit. Adjusted EBITDA was up 142% versus Q3 2024 and up 24% sequentially, with its margin increasing by 500 basis points sequentially.
The data analytics segment was a key driver, with service revenues increasing 625% in Q3 2025 compared to Q3 2024, achieving a 71% gross profit margin. PowerTech assets contributed $6.1 million in Q3 2025 revenue and are projected to generate over $27 million in 2026.
The company increased its 2025 total revenue and adjusted EBITDA guidance ranges by 6% and 3% respectively, with the midpoint implying 19% revenue growth and 85% adjusted EBITDA growth for 2025 compared to 2024.

Nov 5, 2025, 3:00 PM

Flotek Industries Reports Strong Q3 2025 Financial Results and Raises Full-Year Guidance

FTK

Earnings

Guidance Update

Revenue Acceleration/Inflection

Flotek Industries, Inc. reported a 95% increase in gross profit to $17.8 million on $56.0 million in total revenues, up 13%, for the third quarter of 2025 compared to the prior year. Net income significantly increased by 704% to $20.4 million, or $0.53 per diluted share, which included a $12.6 million tax benefit.
The Data Analytics segment was a primary driver of performance, with revenues growing 232% compared to Q3 2024, contributing to a total company gross profit margin of 32%. This segment's gross profit margin was 71% in Q3 2025.
Adjusted EBITDA grew 142% to $11.7 million in Q3 2025, marking the twelfth consecutive quarter of growth.
Based on strong year-to-date operational performance, the company increased its 2025 guidance for Total Revenues to $220-$225 million and Adjusted EBITDA to $35-$40 million.

Nov 4, 2025, 9:09 PM

Flotek Industries Reports Strong Q3 2025 Results and Raises 2025 Guidance

FTK

Earnings

Guidance Update

Revenue Acceleration/Inflection

Flotek Industries reported strong financial results for the third quarter ended September 30, 2025, with total revenues increasing 13% and gross profit rising 95% to $17.8 million compared to the prior year.
Net income significantly increased to $20.4 million, or $0.53 per diluted share, in Q3 2025, which included a $12.6 million tax benefit. Adjusted EBITDA grew 142% to $11.7 million, marking the twelfth consecutive quarter of growth.
The Data Analytics segment revenue surged 232% compared to the year-ago quarter, with $6.1 million of Q3 2025 revenue generated by recently acquired mobile gas conditioning assets.
Based on strong year-to-date operational performance, Flotek Industries increased its 2025 guidance for Total Revenues to $220-$225 million and Adjusted EBITDA to $35-$40 million.

Nov 4, 2025, 9:08 PM

Flotek's XSPCT Unit Meets GPA 2172 Standard

FTK

Product Launch

New Projects/Investments

Flotek's XSPCT optical spectrometer has become the first optical instrument to achieve the stringent GPA 2172 (API 14.5) industry standard for accurate custody transfer in natural gas measurement.
This qualification is expected to provide a significant advantage in discussions with prospective customers, offering reliable, real-time gas quality and volume data.
The XSPCT delivers real-time analysis every 15 seconds, a substantial improvement over traditional methods, which reduces costs and enhances decision-making.
Field trials demonstrated proven reliability with a negligible bias of 0.02% deviation compared to traditional gas chromatography, and the technology has been approved by two industry-leading companies.

Oct 29, 2025, 8:15 PM

Flotek Industries Reports Significant Financial Turnaround and Strategic Shift to Data Analytics

FTK

Guidance Update

Revenue Acceleration/Inflection

New Projects/Investments

Flotek Industries has completed a significant turnaround, with adjusted EBITDA growing from $1.5 million in 2023 to $20.3 million in 2024, and current guidance set between $36 million to $39 million. This financial improvement has coincided with a nearly 230% increase in share price over the last 18 months.
The company is strategically transitioning from a cyclical oil and gas focus to an innovative chemistry and technology model, leveraging real-time data analytics. The data analytics segment's revenue is projected to more than double from $8.5 million in 2024 to over $20 million in 2025, and is expected to contribute 60% of adjusted EBITDA in 2026.
Flotek has expanded its addressable market from $2.6 billion in 2021 to almost $20 billion by Q3 2025, securing substantial recurring revenue contracts including a $2 billion chemistry contract and a $160 million data analytics contract, contributing to an almost $180 million recurring revenue backlog.