Short answer
FLOTEK INDUSTRIES INC/CN/ (FTK) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $99M (up 70.3% year over year) with net income of $10M.
Q2 2026 key financials · XBRL
- Revenue
- $99M
- +70.3% YoY · +41.8% QoQ
- Net income
- $10M
- +463.0% YoY · +113.4% QoQ
- Operating margin
- 15.0%
- Gross margin
- 23.9%
- EPS (diluted)
- $0.26
- +550.0% YoY · +116.7% QoQ
Source: XBRL data from the FLOTEK INDUSTRIES INC/CN/ (FTK) Q2 2026 10-Q on SEC EDGAR. USD.
FLOTEK INDUSTRIES INC/CN/ Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- CT first-half revenue up 33% YoY; international revenue $12.3M vs $7.8M
- DA segment performance not quantified; Utility Support Contract contributed $5.9M quarterly revenue
- ProFrac settlement delivered $2.2M cash and $2.3M equipment-credit usage during Q2
- Outlook: CT and DA revenue growth expected; Utility Support Contract paused amid infrastructure delays
Risk Factors
- Newly added power-services risk triggered by March 2026 Utility Support and August 2026 PREPA contracts
- Third-party execution exposure: approximately 90% of PREPA project capacity and execution provided by others
- Utility Support operational disruption: initial generation paused by infrastructure delays during six-month term
- Regulatory and compliance exposure: permits, governmental approvals, and grid interconnection required for project operation
- Revenue concentration risk: PREPA contract depends on successful completion of a 400 MW natural-gas project
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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