Source-grounded facts extracted from FLOTEK INDUSTRIES INC/CN/'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
FLOTEK INDUSTRIES INC/CN/ shareholders approved Ratification of appointment of KPMG LLP as independent auditor for 2026 at the 2026-05-15 meeting.
“Item 3: Ratification of appointment of KPMG LLP as independent auditor for 2026. For Against Abstain Broker Non-Votes 27,040,174 130,313 5,194 N/A”
FLOTEK INDUSTRIES INC/CN/ shareholders approved Advisory vote to approve named executive officer compensation at the 2026-05-15 meeting.
“Item 2: Advisory vote to approve named executive officer compensation. For Against Abstain Broker Non-Votes 23,681,102 275,263 17,916 3,201,400”
FLOTEK INDUSTRIES INC/CN/ shareholders approved Election of Directors at the 2026-05-15 meeting.
“Item 1: Election of Directors. Nominee For Against Abstain Broker Non-Votes Harsha V. Agadi 23,790,803 174,144 9,334 3,201,400 Ryan G. Ezell 23,892,958 72,800 8,523 3,201,400 Evan R. Farber 23,459,901 505,376 9,004 3,201,400 Michael Fucci 23,592,112 373,163 9,006 3,201,400 Katie Hill 23,886,390 82,858 5,033 3,201,400 Kevin M. McDonald 23,888,701 77,226 8,354 3,201,400 Matt D. Wilks 23,852,353 84,169 37,759 3,201,400”
FLOTEK INDUSTRIES INC/CN/ reported the quarter ended March 31, 2026 results: revenue $70,051, net income $4,664, EPS $0.12 per diluted share. Guidance initiated.
“financial metrics compared to the prior-year quarter is as follows ( in thousands, except ‘per share’ amounts ): Three Months Ended March 31, 2026 2025 % Change Total Revenues $ 70,051 $ 55,362 27% Gross Profit $ 15,541 $ 12,449 25% Net Income $ 4,664 $ 5,380 (13)% Diluted Income Per Share $ 0.12 $ 0.17 (29)% Adjusted EBITDA (1) $ 9,093 $ 6,298 44% First Quarter”
FLOTEK INDUSTRIES INC/CN/ reported Twelve Months Ended December 31, 2025 results: revenue $ 237,262, net income $ 30,528, EPS $ 0.84.
“A summary of key financial results for the fourth quarter and full year 2025 as compared to the year ago periods is as follows: Financial Summary (in thousands, except ‘per share’ amounts) Three Months Ended December 31, Twelve Months Ended December 31, 2025 2024 % Change 2025 2024 % Change Total Revenues $ 67,519 $ 50,758 33% $ 237,262 $ 187,025 27% Gross Profit $ 15,194 $ 12,277 24% $ 59,833 $ 39,386 52% Net Income $ 3,025 $ 4,429 (32)% $ 30,528 $ 10,498 191% Diluted Income Per Share $ 0.08 $ 0.14 (43)% $ 0.84 $ 0.34 147%”
FLOTEK INDUSTRIES INC/CN/ reported Three Months Ended December 31, 2025 results: revenue $ 67,519, net income $ 3,025, EPS $ 0.08.
“A summary of key financial results for the fourth quarter and full year 2025 as compared to the year ago periods is as follows: Financial Summary (in thousands, except ‘per share’ amounts) Three Months Ended December 31, Twelve Months Ended December 31, 2025 2024 % Change 2025 2024 % Change Total Revenues $ 67,519 $ 50,758 33% $ 237,262 $ 187,025 27% Gross Profit $ 15,194 $ 12,277 24% $ 59,833 $ 39,386 52% Net Income $ 3,025 $ 4,429 (32)% $ 30,528 $ 10,498 191% Diluted Income Per Share $ 0.08 $ 0.14 (43)% $ 0.84 $ 0.34 147%”
FLOTEK INDUSTRIES INC/CN/ incurred senior notes of initial principal amount of $40 million with ProFrac GDM, LLC at 10.0% annual interest rate maturing five-year term.
“limited liability company (“PWRTEK”) and a subsidiary of Flotek Industries, Inc., a Delaware corporation (the “Company”) entered into a series of transactions pursuant to an Asset Purchase Agreement, dated as of April 28, 2025 (the “Purchase Agreement”), with ProFrac GDM, LLC (“ProFrac GDM”), a Texas limited liability company, and a wholly-owned subsidiary of ProFrac Holding Corp., a Delaware corporation (“ProFrac”), and various subsidiaries of ProFrac, pursuant to which, among other things, PWRTEK acquired from ProFrac GDM certain mobile power generation assets and related intellectual property, which were concurrently leased back to ProFrac GDM pursuant to an Agreement for Equipment Rental, dated as of April 28, 2025, by and between PWRTEK and ProFrac GDM (the “Lease Agreement”).”
David Nierenberg resigned as Director at FLOTEK INDUSTRIES INC/CN/.
“On May 24, 2024, David Nierenberg, a member of the Board of Directors (the “Board”) of Flotek Industries, Inc. (the “Company”), informed the Company of his decision to resign from the Board and as a member of the Board’s Audit Committee, Compensation Committee, Corporate Governance & Nominating Committee and Risk & Sustainability Committee, effective immediately.”
FLOTEK INDUSTRIES INC/CN/ updated its full year 2024 guidance (initiated).
“Flotek expects 2024 adjusted gross profit margin (2) to range between 18% and 22%, as compared to 2023 adjusted gross profit margin (1) of 15%. The Company expects 2024 adjusted EBITDA (2) to range between $10 million and $16 million as compared to $1.5 million in 2023 (1).”
FLOTEK INDUSTRIES INC/CN/ reported the quarter ended March 31, 2024 results: revenue $ 40,374, net income $ 1,562, EPS $ 0.05 per diluted share.
“Total Revenues $ 40,374 $ 48,007 (16)% Gross Profit $ 8,821 $ 1,880 369% Adjusted Gross Profit (1) $ 10,075 $ 2,647 281% Net Income $ 1,562 $ 21,343 (93)% Diluted Income (Loss) Per Share $ 0.05 $ (0.12) n/a”
FLOTEK INDUSTRIES INC/CN/ reported financial results for the quarter and full year ended December 31, 2023.
“On March 12, 2024 , Flotek Industries, Inc. (the “Company”) issued a press release providing its financial results for the quarter and full year ended December 31, 2023 and announcing that it will hold a conference call to discuss its operating results.”
FLOTEK INDUSTRIES INC/CN/ reported third quarter ended September 30, 2023 results: revenue $47,268, net income $1,287, EPS $0.04 per diluted share. Guidance lowered.
“showing strong year-over-year growth. Financial Summary (in thousands) Three months ended September 30, Nine months ended September 30, 2023 2022 2023 2022 Total Revenues $ 47,268 $ 45,623 $ 145,870 $ 87,874 Gross Profit (Loss) $ 9,047 $ (1,842) $ 14,833 $ (4,626) Adjusted Gross Profit (Loss) (1) $ 10,264 $ 249 $ 18,005 $ (916) Net Income (Loss) $ 1,287 $”
FLOTEK INDUSTRIES INC/CN/ amended First Amendment with Amerisource Funding, Inc. valued at increase the aggregate Revolving Credit Facility Maximum from $10,000,000 to $13,812,500 (effective 2023-10-05).
“On October 5, 2023, Flotek Industries, Inc. (the “Company”) entered into the First Amendment (the “First Amendment”) to that certain Revolving Loan and Security Agreement, dated August 14, 2023 (the “Loan Agreement”) with Flotek Chemistry, LLC and JP3 Measurement, LLC, wholly owned subsidiaries of the Company (collectively with the Company, the “Borrowers”), and Amerisource Funding, Inc. (“Amerisource”), as lender, to, among other things, increase the aggregate Revolving Credit Facility Maximum from $10,000,000 to $13,812,500.”
FLOTEK INDUSTRIES INC/CN/ shareholders approved Approval of issuance of common stock underlying the June 2022 pre-funded warrant held by ProFrac Holdings II, LLC at the 2023-09-05 meeting.
“Item 2: Approval of issuance of common stock underlying the June 2022 pre-funded warrant held by ProFrac Holdings II, LLC For Against Abstain Broker Non-Votes 111,644,223 1,008,311 61,479 0”
FLOTEK INDUSTRIES INC/CN/ shareholders approved Approval of issuance of common stock underlying the February 2023 pre-funded warrant held by ProFrac Holdings II, LLC at the 2023-09-05 meeting.
“Item 1: Approval of issuance of common stock underlying the February 2023 pre-funded warrant held by ProFrac Holdings II, LLC For Against Abstain Broker Non-Votes 111,645,240 1,004,816 63,957 0”
FLOTEK INDUSTRIES INC/CN/ incurred revolving credit of up to $10 million of initial credit availability with Amerisource Funding, Inc. at Wall Street Journal Prime Rate (subject to a floor of 5.50%) plus 2.5% per annum maturing twenty-four month term.
“The Loan Agreement provides for a twenty-four month term with up to $10 million of initial credit availability (the “Account Limit”) based on 85% of eligible accounts receivable and 60% of eligible inventory (not to exceed the amount of eligible accounts receivable).”
FLOTEK INDUSTRIES INC/CN/ entered into Loan Agreement with Amerisource Funding, Inc. valued at up to $10 million of initial credit availability (effective 2023-08-14).
“On August 14, 2023, Flotek Industries, Inc. (the “Company”) entered into a revolving loan and security agreement (the “Loan Agreement”) with Flotek Chemistry, LLC and JP3 Measurement, LLC, wholly owned subsidiaries of the Company (collectively with the Company, the “Borrowers”), and Amerisource Funding, Inc. ( “Amerisource”), as lender.”
FLOTEK INDUSTRIES INC/CN/ reported the quarter ended June 30, 2023 results: revenue $50,594, net income ($21), EPS $0 per basic share. Guidance reaffirmed.
“momentum as nearly all financial metrics showed strong sequential growth. Financial Summary (in thousands) Q2 2023 Q2 2022 Percent Change Q1 2023 Percent Change Total Revenues $ 50,594 $ 29,373 72% $ 48,007 5% Gross Profit (Loss) $ 3,904 $ (2,305) 269% $ 1,880 108% Adjusted Gross Profit (Loss) (1) $ 5,091 $ (1,578) 423% $ 2,647 92% Net Income (Loss) $ (21) $”
FLOTEK INDUSTRIES INC/CN/ shareholders approved Approval of amendments to Flotek Industries, Inc. 2018 Long-Term Incentive Plan at the 2023-06-07 meeting.
“Item 5: Approval of amendments to Flotek Industries, Inc. 2018 Long-Term Incentive Plan For Against Abstain Broker Non-Votes 29,970,332 1,086,861 154,857 24,307,909”
FLOTEK INDUSTRIES INC/CN/ shareholders approved Ratification of independent registered accounting firm at the 2023-06-07 meeting.
“Item 3: Ratification of independent registered accounting firm For Against Abstain Broker Non-Votes 52,681,864 2,720,964 117,131 N/A”
FLOTEK INDUSTRIES INC/CN/ shareholders approved Advisory Vote on Named Executive Officer Compensation at the 2023-06-07 meeting.
“Item 2: Advisory Vote on Named Executive Officer Compensation For Against Abstain Broker Non-Votes 29,802,745 1,288,132 121,173 24,307,909”
FLOTEK INDUSTRIES INC/CN/ shareholders approved Election of Directors at the 2023-06-07 meeting.
“On June 7, 2023, the Company held its annual meeting of stockholders (the “Meeting”). At the Meeting, the Company’s stockholders (1) elected all director candidates, (2) approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers, (3) ratified the appointment of KPMG, LLP as the Company’s independent auditor for 2023, (4) did not approve the issuance of common stock underlying the pre-funded warrant held by ProFrac Holdings II, LLC, and (5) approved amendments to the Flotek Industries, Inc. 2018 Long-Term Incentive Plan.”
Harsha V. Agadi was appointed as Non-Executive Chairman at FLOTEK INDUSTRIES INC/CN/.
“will remain on the Board and assume the role of Non-Executive Chairman effective as of June 8, 2023.”
Harsha V. Agadi departed as Interim Chief Executive Officer at FLOTEK INDUSTRIES INC/CN/.
“the Company announced that Harsha V. Agadi ceased to serve as Interim Chief Executive Officer of the Company, also effective as of June 6, 2023, but will remain on the Board and assume the role of Non-Executive Chairman effective as of June 8, 2023.”
Ryan Ezell was appointed as Director at FLOTEK INDUSTRIES INC/CN/.
“Dr. Ezell was also appointed to the Board effective as of June 8, 2023.”
Ryan Ezell was appointed as Chief Executive Officer at FLOTEK INDUSTRIES INC/CN/.
“the Board of Directors of the Company (the “Board”) has appointed Dr. Ryan Ezell, the Company’s existing President, to serve as its Chief Executive Officer, effective as of June 6, 2023.”
FLOTEK INDUSTRIES INC/CN/ reported full year 2023 results: revenue $210 million to $230 million. Guidance initiated.
“Flotek has initiated full year 2023 guidance for revenue of $210 million to $230 million and an Adjusted Gross Profit margin of 8% to 10%.”
FLOTEK INDUSTRIES INC/CN/ reported first quarter ended March 31, 2023 results: revenue $48.0 million, net income $21.3 million, EPS $0.22 per basic share.
“• Revenue: Flotek recorded first quarter 2023 total revenue of $48.0 million compared to $48.2 million for the fourth quarter of 2022 and $12.9 million for the first quarter of 2022 – a 273% increase. Contributing to the year-over-year growth was the Company’s 10-year supply agreement with ProFrac and continued growth in the Company’s other Chemistry Technologies and Data Analytics product and service offerings. First quarter 2023 revenue remained flat sequentially, despite the industry’s seasonal slow-down in well stimulation operations early in the quarter. • Gross Profit (Loss) : The Company generated a gross profit of $1.9 million versus a gross loss of $2.1 million for the fourth quarter of 2022 and a gross loss of $0.5 million for the first quarter of 2022. The substantial improvement in gross margin was the result of pricing improvements, freight cost reductions and the Company’s initiatives to drive further efficiencies in the business, including focusing its efforts on leverag”
FLOTEK INDUSTRIES INC/CN/ received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).
“April 12, 2023, Flotek Industries, Inc. (the “Company”) received written notice from the New York Stock Exchange (the “NYSE”) notifying it that the average closing price of the Company’s common stock over a period of 30 consecutive trading days was below the minimum $1.00 per share requirement for continued listing on the NYSE under Item 802.01C of the NYSE Listed Company Manual. In accordance with applicable NYSE procedures, the Company plans to notify the NYSE of its intent to cure the $1.00 per share deficiency. Based on the applicable NYSE procedures, the Company has six months following t”
FLOTEK INDUSTRIES INC/CN/ reported the full-year ended December 31, 2022 results: revenue $136.1 million, net income net loss of $42.3 million.
“Full year 2022 total revenue of $136.1 million increased 215% compared to total revenue of $43.3 million in 2021.”
FLOTEK INDUSTRIES INC/CN/ reported the fourth quarter ended December 31, 2022 results: revenue $48.2 million, net income net loss of $19.0 million, EPS a loss of $0.25 per basic and diluted share.
“Flotek generated fourth quarter 2022 total revenue of $48.2 million, up 5.7% from $45.6 million in the third quarter of 2022 and up 297% compared to the fourth quarter of 2021.”
FLOTEK INDUSTRIES INC/CN/ amended Amendment No. 2 with ProFrac Services, LLC (effective 2023-01-01).
“On February 1, 2023, Flotek Chemistry, LLC (“Flotek Chemistry”), a wholly owned subsidiary of Flotek Industries, Inc. (the “Company”), entered into an amendment (“Amendment No. 2”) to the Chemical Products Supply Agreement between Flotek Chemistry and ProFrac Services, LLC (“ProFrac”) dated February 2, 2022, as amended (the “Supply Agreement”).”
Harsha V. Agadi was appointed as Interim Chief Executive Officer at FLOTEK INDUSTRIES INC/CN/.
“Harsha V. Agadi, who has served as a member of the Board since July 2020, will serve as the Company’s interim Chief Executive Officer.”
John W. Gibson, Jr. departed as Chief Executive Officer and President at FLOTEK INDUSTRIES INC/CN/.
“On January 19, 2023, Flotek Industries, Inc. (the “Company”) announced the departure of John W. Gibson, Jr. from his role as Chief Executive Officer and President of the Company, effective January 19, 2023”
FLOTEK INDUSTRIES INC/CN/ amended loan of $387,723.31 with PNC Bank, National Association at 1% per annum maturing 18 months.
“The remaining outstanding principal amount of the loan of $387,723.31 has been converted to a term loan amortizing over 18 months and bearing interest at 1% per annum, payable in accordance with the terms of the Paycheck Protection Program Term Note”
FLOTEK INDUSTRIES INC/CN/ amended Paycheck Protection Program Term Note with PNC Bank, National Association valued at forgiven $4,400,376.69 in principal and $121,621.52 in interest (effective 2023-01-10).
“On January 10, 2023, Flotek Industries, Inc. (the “Company”) received notification from PNC Bank, National Association (“PNC”) that the U.S. Small Business Administration had forgiven $4,400,376.69 in principal and $121,621.52 in interest of the Company’s Paycheck Protection Program Loan. The remaining outstanding principal amount of the loan of $387,723.31 has been converted to a term loan amortizing over 18 months and bearing interest at 1% per annum, payable in accordance with the terms of the Paycheck Protection Program Term Note, dated April 16, 2020, in favor of PNC Bank, National Association (the “PPP Note”)”
Seham S. Carson changed role as other_named_officer at FLOTEK INDUSTRIES INC/CN/.
“Ms. Carson is expected to remain with the Company in a senior financial role.”
J. Bond Clement was appointed as Chief Financial Officer at FLOTEK INDUSTRIES INC/CN/.
“On December 19, 2022, Flotek Industries, Inc. (the “Company”) entered into an employment agreement (the “Employment Agreement”) with J. Bond Clement pursuant to which Mr. Clement will serve as the Company’s Chief Financial Officer, principal financial officer and principal accounting officer.”
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.
“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”
Evan R. Farber was appointed as director at FLOTEK INDUSTRIES INC/CN/.
“On October 11, 2022, the board of directors (the “Board”) of Flotek Industries, Inc. (the “Company”) increased the number of directors on the Board from six to seven and appointed Evan R. Farber to the Board.”
Seham S. Carson was appointed as Interim Chief Financial Officer at FLOTEK INDUSTRIES INC/CN/.
“Seham S. Carson, the Company’s Corporate Controller, will serve as the Company’s Interim Chief Financial Officer, principal financial officer and principal accounting officer effective May 17, 2022.”
Michael E. Borton departed as Chief Financial Officer at FLOTEK INDUSTRIES INC/CN/.
“On May 17, 2022, Michael E. Borton, the Chief Financial Officer of the Company, departed the Company.”
Paul W. Hobby departed as Director at FLOTEK INDUSTRIES INC/CN/.
“Also on April 15, 2022, Paul W. Hobby, a member of the Board notified the Board that he does not wish to stand for reelection at the Meeting.”
Ted D. Brown departed as Director at FLOTEK INDUSTRIES INC/CN/.
“On April 15, 2022, Ted D. Brown, a member of the board of directors (the "Board") of Flotek Industries, Inc. (the "Company"), notified the Board that he does not wish to stand for reelection at the 2022 annual meeting of stockholders of the Company (the "Meeting").”
Ryan Ezell was appointed as Chief Operating Officer at FLOTEK INDUSTRIES INC/CN/.
“On March 8, 2022, the Board of Directors (the “Board”) of Flotek Industries, Inc. (the “Company”) appointed Ryan Ezell as the Company’s Chief Operating Officer.”
TengBeng Koid departed as President, Data Analytics at FLOTEK INDUSTRIES INC/CN/.
“On December 9, 2021, TengBeng Koid, the Company’s President, Data Analytics, departed the Company.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.