UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANG ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANG ACT OF 1934 For the transition period from to Commission File Number 1-13270 FLOTEK INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Delaware 90-0023731 (State of other jurisdiction of incorp ...

For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Flotek Industries (FTK) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.Flotek Industries is a member of the Oils-Energy sector. This group includes 246 individual stocks and currently holds a Zacks Sector Rank of #14. The Zacks Sector Rank ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 7: Flotek Industries, Inc. (FTK) : This tech-driven green chemistry and data company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days. Flotek's shares gained 2.5% over the last six months compared with the S&P 500's decline of 5.7%. The company possesses a Momentum Score of B. See the full list of top ranked stocks here ...

Flotek Industries (FTK) Q1 2025 Earnings Call May 07, 2025 10:00 AM ET Speaker0 Good morning, ladies and gentlemen, and welcome to the Flotek Industries First Quarter twenty twenty five Earnings Conference Call. At this time, all lines are in listen only mode. Following the presentation, we will conduct a question and answer session. This call is being recorded on Wednesday, 05/07/2025. I would now like to turn the conference over to Michael Crotelli, Director of Finance and Investor Relations. Please go ah ...

Flotek Industries (FTK) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 183.33%. A quarter ago, it was expected that this oilfield services company would post earnings of $0.10 per share when it actually produced earnings of $0.14, delivering a surprise of 40%.Over the last four quart ...

First Quarter 2025 Earnings Presentation May 7, 2025 Forward-Looking Statements Certain statements set forth in this presentation constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc.'s business, financial condition, results of operations and prospects. Words such as will, continue, expects, anticipates, intends, plans, believes, seeks, estimates and similar expressions ...

Financial Performance - Flotek reported total revenues of $55.4 million for Q1 2025, a 37% increase from $40.4 million in Q1 2024[1] - Gross profit for Q1 2025 was $12.4 million, up 41% from $8.8 million in Q1 2024, with a gross profit margin of 23%[1][4] - Net income reached $5.4 million in Q1 2025, a 244% increase compared to $1.6 million in Q1 2024, resulting in diluted earnings per share of $0.17[1][13] - Adjusted EBITDA for Q1 2025 was $7.8 million, representing a 93% increase from $4.0 million in Q1 2024[1][13] - Total revenues for Q1 2025 increased to $55,362,000, a 37.1% rise from $40,374,000 in Q1 2024[18] - Net income for Q1 2025 was $5,380,000, compared to $1,562,000 in Q1 2024, representing a 244.5% increase[18] - Gross profit for Q1 2025 reached $12,449,000, up 41.5% from $8,821,000 in Q1 2024[18] - Operating income for Q1 2025 was $5,567,000, a significant increase from $2,108,000 in Q1 2024, marking a 164.5% growth[18] - Adjusted EBITDA for Q1 2025 was $7,780,000, up from $4,026,000 in Q1 2024, indicating a 93.5% increase[22] - The company reported a basic income per common share of $0.18 for Q1 2025, compared to $0.05 in Q1 2024, a 260% increase[18] Revenue Expectations - Flotek expects total revenue for 2025 to be between $200 million and $220 million, reflecting a 12% increase compared to 2024[3][4] Operational Highlights - The company acquired 30 real-time gas monitoring and dual fuel optimization assets for mobile power generation, along with a $160 million multi-year contract[4] - External chemistry revenue increased by 88% and Data Analytics revenue rose by 57% in Q1 2025 compared to Q1 2024[4] - Selling, General and Administrative (SG&A) expenses were $6.3 million in Q1 2025, representing 11% of total revenues, down from 15% in Q1 2024[7] - Flotek has achieved five consecutive quarters of growth in revenue, gross profit, net income, and adjusted EBITDA[4][5] Cash Flow and Assets - Cash provided by operating activities for Q1 2025 was $7,313,000, compared to $3,887,000 in Q1 2024, reflecting an 88.5% increase[20] - Cash and cash equivalents at the end of Q1 2025 were $6,253,000, up from $5,219,000 at the end of Q1 2024, a 19.8% increase[20] - The company experienced a decrease in accounts receivable by $2,489,000 in Q1 2025, compared to an increase of $2,937,000 in Q1 2024[20] Research and Development - Research and development expenses for Q1 2025 were $355,000, slightly down from $406,000 in Q1 2024[18] Strategic Goals - The company aims to leverage innovative data and chemistry solutions to enhance customer value and drive future growth[5][6]

HOUSTON, April 28, 2025 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek") (NYSE: FTK) and ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac") today jointly announced Flotek's acquisition of power generation assets and related intellectual property (the "Acquired Assets") from ProFrac GDM, LLC ("ProFrac GDM"), a subsidiary of ProFrac, for $105 million. Flotek concurrently entered into an agreement for a six-year dry lease of the Acquired Assets with ProFrac GDM (the "Lease Agreement"). ESD Skid for Gas Con ...

Crude oil has had a rough start to 2025, with a nearly 15% decline year to date. Prices dropped to $61.99 per barrel on Friday — the lowest level since 2021 — pressured by mounting recession concerns and an unexpected move by OPEC+ to speed up the rollback of production cuts. Still, much of this decline appears to be led by short-term sentiment rather than underlying fundamentals.For investors with a long-term horizon, this pullback may present a compelling chance to buy into the energy sector at a discount ...

Company Announcement - Flotek Industries, Inc. plans to release its first quarter 2025 financial and operating results on May 6, 2025, after market close [1] - The earnings conference call is scheduled for May 7, 2025, at 9:00 a.m. CST (10:00 a.m. EST) [1] Access Information - Participants can access the earnings call via Flotek's website, by telephone, or through a webcast link [2] - A recording of the conference call will be available on the Company's website after the call concludes [2] Company Overview - Flotek Industries is a leading chemistry and data technology company servicing the Energy industry [3] - The Company holds over 130 patents and has more than 20 years of field and laboratory data, with a global presence in over 59 countries [3] - Flotek focuses on sustainable and optimized chemistry and data solutions to minimize environmental impact [4]