earnings
confidence high
sentiment positive
materiality 0.70
Flotek Q1 rev $70.1M (+27%); Data Analytics rev up 295% to record; FY26 rev guidance $270-290M
FLOTEK INDUSTRIES INC/CN/
2026-Q1 EPS reported
$0.12
revenue$70,051,000
- Net income $4.7M ($0.12 diluted EPS) vs $5.4M ($0.17) YoY; Adjusted EBITDA $9.1M (+44%).
- Chemistry Technologies rev $59.7M (+13%); Data Analytics rev $10.4M (295% growth) — segment now 50% of gross profit.
- FY 2026 guidance: total revenue $270-290M, Adjusted EBITDA $36-41M with Q2–Q4 backlog $34.1M.
- First power services contract mobilized in March; three-year Data Analytics backlog exceeds $90M.
- XSPCT analyzer named 2026 Product of the Year by Analyzer Technology Conference.