---
schema_version: "secwatch.filing_event.v1"
accession: "0000928054-22-000208"
form_type: "8-K"
ticker: "FTK"
cik: "0000928054"
company_name: "FLOTEK INDUSTRIES INC/CN/"
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T02:35:50.006652+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Flotek Q3 revenue $45.6M (+55% seq); net loss $18.8M; Adjusted EBITDA loss $8.4M

## Summary
- Total revenue $45.6M, up 55% sequentially and 348% YoY; exceeded full-year 2021 revenue.
- Net loss $18.8M ($0.25 per share) vs Q2 net income $6.2M; includes $4.25M non-cash loss on convertible notes.
- Adjusted EBITDA loss $8.4M includes $1.9M bonus accrual; negative 18% of revenue (improved from -25% in Q2).
- Cash & equivalents $8.6M at quarter-end (down from $33.1M in Q2); improved to $11.1M as of Nov 8.
- Announced agreement with ProFrac to supply 20 JP3 Verax analyzers; six placed in service in Q4.

## SEC filing metadata
- accession: 0000928054-22-000208
- form_type: 8-K
- ticker: FTK
- cik: 0000928054
- company_name: FLOTEK INDUSTRIES INC/CN/
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928054/000092805422000208/0000928054-22-000208-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928054/000092805422000208/usgaap-20221108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000928054-22-000208
- JSON: https://secwatch.observer/filing/0000928054-22-000208.json
- Plain text: https://secwatch.observer/filing/0000928054-22-000208.txt

## Key facts
- Earnings Releases
  FLOTEK INDUSTRIES INC/CN/ reported the three months ended September 30, 2022 results: revenue $45.6 million, net income negative $18.8 million, or a loss of $0.25 per basic and diluted share.
  - Period: the three months ended September 30, 2022
  - Revenue: $45.6 million
  - Net income: negative $18.8 million, or a loss of $0.25 per basic and diluted share
  - Result: reported results
  source text: trucks and the wear and tear caused by truck rolls. Key Third Quarter 2022 Financial Results  Total revenues: Flotek generated third quarter 2022 consolidated revenue of $45.6 million, up 55% from $29.4 million in the second quarter of 2022 and up 348% compared to the third quarter of 2021. Higher revenue was driven by continued increases in activity across
  evidence_url: https://www.sec.gov/Archives/edgar/data/928054/000092805422000208/0000928054-22-000208-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.