-
Flotek extends revolving loan maturity to Oct 31, 2026 with option to extend further
Third Amendment to Loan Agreement with Amerisource Funding effective July 15, 2026.
-
Flotek shareholders elect all seven director nominees, approve compensation, ratify KPMG
All seven director nominees elected, including Harsha V. Agadi, Ryan G. Ezell, Evan R. Farber, Michael Fucci, Katie Hill, Kevin M. McDonald, Matt D. Wilks.
-
Flotek Q1 rev $70.1M (+27%); Data Analytics rev up 295% to record; FY26 rev guidance $270-290M
Net income $4.7M ($0.12 diluted EPS) vs $5.4M ($0.17) YoY; Adjusted EBITDA $9.1M (+44%).
-
Flotek Q4 revenue $67.5M, highest since 2017; full-year net income up 191%
Q4 revenue $67.5M (+33% YoY); full-year revenue $237.3M (+27% YoY).
-
Flotek awarded first utilities contract for up to 50 MW power generation supporting federal disaster recovery
Contract with distributed power providers to coordinate installation of up to 50 MW of generation equipment.
-
Flotek appoints Christina Ibrahim as SVP, General Counsel, Chief Compliance Officer, and Corporate Secretary
Christina M. Ibrahim appointed effective March 2, 2026, as SVP, General Counsel, CCO, and Corporate Secretary.
-
Flotek grants CEO 36,595 RSUs and 36,595 PRSUs; CFO receives 16,635 each
CEO Dr. Ryan Ezell granted 36,595 time-based RSUs and 36,595 performance-based RSUs on Feb 24, 2026.
-
Flotek grants 39,532 RSUs and 59,298 PRSUs to CEO, 17,969 RSUs and 26,953 PRSUs to CFO
Grants approved Nov 19, 2025; RSUs vest in three equal annual installments starting first anniversary.
-
Flotek SVP, General Counsel and Corporate Secretary Amy Blakeway departs Nov 13, 2025
Amy Blakeway departed from her role as SVP, General Counsel and Corporate Secretary on November 13, 2025.
-
Flotek Q3 net income surges 704% to $20.4M, adjusted EBITDA up 142%, raises guidance
Total revenue $56.0M (+13% YoY); gross profit $17.8M (+95%); gross margin 32% vs 18%.
-
Flotek Q2 revenue up 26% to $58.4M; adjusted EBITDA +113%; Data Analytics revenue surges 189%
Total Q2 revenue $58.35M (+26% YoY), gross profit $14.4M (+57%), adjusted EBITDA $9.5M (+113%).
-
Flotek stockholders approve warrant share issuance; company to file S-3 registration
Stockholders approved (99.8% for) issuance of shares underlying April 2025 Warrant to ProFrac GDM.
-
Flotek shareholders elect all six directors, approve compensation and plan amendments at annual meeting
All six director nominees elected with 86.5% of outstanding shares represented; Matt D. Wilks received 4.2M against votes, most of any nominee.
-
Flotek Q1 revenue $55.4M (+37% YoY); net income $5.4M (+244%); initiates 2025 guidance
Q1 2025 adjusted EBITDA $7.8M (+93% YoY); diluted EPS $0.17 vs $0.05.
-
Flotek closes $105M acquisition of mobile power generation assets from ProFrac GDM
Total consideration of $105M includes $17.6M offset against order shortfall payments owed under Chemical Products Supply Agreement.
-
Flotek acquires mobile power generation assets for $105M; secures 6-year lease with $160M backlog
Acquires digitally enhanced gas conditioning & distribution units from ProFrac GDM for $105M.
-
Flotek Q4 revenue up 20% YoY, FY2024 adjusted EBITDA $20.3M beats $18.5M guidance
Q4 2024 revenue $50.8M (+20% YoY); net income $4.4M ($0.14 diluted EPS) vs $2.1M in Q4 2023.
-
Flotek expects Q4 2024 to be strongest quarter of 2024 in net income and adjusted EBITDA
Q4 2024 expected to be strongest quarter of 2024 in net income and adjusted EBITDA (qualitative guidance).
-
Flotek provides update on EPA flare monitoring amendments, sees positive impact; Data Analytics revenue up 30% QoQ
EPA proposed amendments on Dec 20, 2024 to OOOOb rules for flare NHV monitoring; comment period 45 days.
-
Flotek Q3 net income doubles to $2.5M, raises 2024 adjusted EBITDA guidance to $16.5-18.5M
Q3 revenue $49.7M (+5% YoY); net income $2.5M ($0.08 EPS) vs $1.3M ($0.04 EPS) YoY.
-
Flotek grants 90,000 RSUs and 90,000 PRSUs to CEO and CFO
CEO Dr. Ryan Ezell awarded 60,000 RSUs and 60,000 PRSUs.
-
Flotek posts updated investor presentation for EnerCom conference; no specific financials disclosed
Presentation posted on IR website for EnerCom Denver conference (August 18-21, 2024).
-
Flotek raises 2024 EBITDA guidance to $14-18M; Q2 net income $2.0M vs loss a year ago
Q2 2024 revenue $46.2M, down 9% YoY; net income $2.0M ($0.06 diluted EPS) vs net loss $21K.
-
Flotek shareholders elect all six directors, approve say-on-pay and LTIP amendment
All six director nominees elected: Agadi (19.1M for), Ezell (19.5M), Farber (19.3M), Fucci (19.4M), Mayr (19.4M), Wilks (19.5M).
-
Director David Nierenberg resigns from Flotek Board and all committees
Resignation effective May 24, 2024; Nierenberg left Audit, Compensation, Governance & Nominating, and Risk & Sustainability committees.
-
Flotek Q1 net income $1.6M, adjusted EBITDA $4M vs -$3.9M YoY; FY24 EBITDA guidance $10-16M
Revenue $40.4M (-16% YoY); gross profit $8.8M (+369% YoY); gross margin 22%.
-
Flotek reports FY2023 net income of $24.7M, first positive adjusted EBITDA since 2017
Full-year revenue $188.1M (+38% YoY); net income $24.7M vs loss $42.3M in 2022.
-
Flotek grants performance-based options and RSUs to CEO and CFO
CEO Ryan Ezell granted ~62,881 options and ~13,974 RSUs; CFO Bond Clement granted ~45,732 options and ~10,163 RSUs.
-
Flotek posts Q3 net income of $1.3M, first positive adjusted EBITDA since 2018
Net income $1.3M ($0.04 diluted EPS) vs net loss $18.8M in Q3 2022; revenue $47.3M (+4% YoY).
-
Flotek increases credit facility to $13.8M and regains NYSE minimum share price compliance
Revolving credit facility maximum increased from $10M to $13.8125M under First Amendment.
-
Flotek Industries executes 1-for-6 reverse stock split to regain NYSE listing compliance
Reverse stock split effective as of 4:01 p.m. ET on September 25, 2023; shares begin trading split-adjusted on September 26 under symbol FTK.
-
Flotek Industries announces 1-for-6 reverse stock split effective Sept 25, 2023 to regain NYSE compliance
Board approved 1-for-6 reverse stock split, effective after market close on Sept 25, 2023.
-
Flotek expects positive adjusted EBITDA in Q3, announces 1-for-6 reverse stock split
Expects positive adjusted EBITDA in Q3 2023, accelerating from year-end target; first half 2023 revenue up ~$56M YoY.
-
Flotek shareholders approve warrant conversions; moves principal executive office
Stockholders approved issuance under Feb 2023 pre-funded warrant (111.6M for, 1M against); minority threshold exceeded.
-
Flotek enters $10M ABL facility with Amerisource; CEO cites path to profitability
$10M revolving credit facility based on 85% eligible AR and 60% inventory; potential $5M add-on via real estate pledge.
-
Flotek Q2 revenue $50.6M (+72% YoY); gross profit $3.9M, adj. EBITDA -$2.0M improves 48% sequentially
Revenue $50.6M, up 72% YoY and 5% sequentially; FY guidance reaffirmed at $210-230M with adj. gross margin 8-10%.
-
Flotek amends ESPP to allow highly compensated employees and execs participation
Board removed 1,000-share purchase limit per employee per offering period under the 2012 ESPP.
-
Flotek promotes Ryan Ezell to CEO; reaffirms FY 2023 revenue guidance $210M-$230M
Dr. Ryan Ezell appointed CEO, effective June 8, succeeding interim CEO Harsha Agadi.
-
Flotek Q1 net income $21.3M, revenue $48.0M (+273% YoY); guides FY 2023 rev $210-230M
Revenue $48.0M, up 273% YoY; gross profit turned positive at $1.9M vs loss a year ago.
-
Flotek receives NYSE notice for below-$1.00 stock price; CEO extended to June 30
NYSE notified Flotek on Apr 12, 2023 that avg closing price was below $1.00 for 30 consecutive trading days.
-
Flotek reports 2022 revenue $136.1M (+215% YoY); net loss $42.3M; material weakness and going concern expected
Q4 2022 revenue $48.2M (+297% YoY, +5.7% sequentially); net loss $19.0M ($0.25/share).
-
Flotek Q4 revenue $48.2M (+297% YoY); net loss $19.0M; Adj. EBITDA loss narrows to $5.1M
Full year 2022 revenue $136.1M (+215% YoY); net loss $42.3M vs $30.5M in 2021.
-
Flotek amends ProFrac supply deal; waives past shortfalls, sets 30-fleet ramp by June 2023
Waived all order shortfall payments accrued before Jan 1, 2023 under the supply agreement with ProFrac.
-
Flotek files 8-K for investor presentation at Summit; no new material details in filing text
Company presented at the Investor Summit on January 26, 2023.
-
Flotek CEO John Gibson departs; Harsha Agadi named interim CEO; Ryan Ezell promoted to President
CEO John Gibson steps down as Chairman, President & CEO effective Jan 19, 2023; no disagreement with company.
-
Flotek receives SBA forgiveness of $4.4M PPP loan; balance converted to term loan
SBA forgave $4,400,376.69 in principal and $121,621.52 in interest on PPP loan.
-
Flotek CEO to present at Emerging Growth Conference on January 11, 2023
CEO John W. Gibson Jr. will deliver a presentation and host Q&A at the Emerging Growth Conference.
-
Flotek appoints Bond Clement as CFO; interim CFO Seham S. Carson to remain in senior role
Clement appointed CFO effective Dec 19, 2022; previously EVP & CFO of PetroQuest Energy (17 years).
-
Flotek Q3 revenue $45.6M (+55% seq); net loss $18.8M; Adjusted EBITDA loss $8.4M
Total revenue $45.6M, up 55% sequentially and 348% YoY; exceeded full-year 2021 revenue.
-
Flotek appoints Evan Farber to Board as seventh director
Board expanded from 6 to 7; Farber effective October 11, 2022.