Short answer
FLOTEK INDUSTRIES INC/CN/ (FTK) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $70M (up 26.5% year over year) with net income of $5M.
Q1 2026 key financials · XBRL
- Revenue
- $70M
- +26.5% YoY
- Net income
- $5M
- −13.3% YoY
- Operating margin
- 10.8%
- Gross margin
- 22.2%
- EPS (diluted)
- $0.12
- −29.4% YoY
Source: XBRL data from the FLOTEK INDUSTRIES INC/CN/ (FTK) Q1 2026 10-Q on SEC EDGAR. USD.
FLOTEK INDUSTRIES INC/CN/ Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q1 revenue up 27% YoY; dollar amount not provided
- CT contract shortfall-fee revenue $2.7M vs $7.5M YoY
- DA revenue expected to increase in Q2 from power-services contract
- Operating cash received $5M; additional $2.2M received in April
- 2026 outlook: CT and DA revenue growth; commodity volatility and Middle East conflicts remain headwinds
Risk Factors
- No risk-factors section provided; submitted text covers Items 2–6 only
- No newly added risk identifiable from the provided text
- Equity withholding repurchases: 28,484 shares at $16.02 average during February 2026
- New employment agreement with Christina M. Ibrahim dated March 2, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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