Flotek Industries, Inc. (FTK) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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FTK Revenue Growth
Revenue Breakdown (FY 2025)
FTK's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
FTK Revenue Analysis (2014–2025)
As of May 8, 2026, Flotek Industries, Inc. (FTK) generated trailing twelve-month (TTM) revenue of $252.0 million, reflecting exceptional growth of +26.5% year-over-year. The most recent quarter (Q1 2026) recorded $70.1 million in revenue, up 3.8% sequentially.
Looking at the longer-term picture, FTK's 5-year compound annual growth rate (CAGR) stands at +34.9%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $449.2 million in 2014.
Revenue diversification analysis shows FTK's business is primarily driven by Product (90%), Rental (7%), and Service (3%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including NCSM (+6.5% YoY), KLXE (-10.3% YoY), and WTTR (-4.2% YoY), FTK has outperformed the peer group in terms of revenue growth. Compare FTK vs NCSM →
FTK Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FTKCurrent | $252M | +26.5% | +34.9% | 11.9% | |
 NCSM | $185M | +6.5% | +11.5% | 6.4% | |
 KLXE | $637M | -10.3% | +18.1% | -4.8% | |
 WTTR | $1.4B | -4.2% | +18.4% | 2.5% | |
 SLB | $35.7B | -1.6% | +8.6% | 15.3% |
FTK Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $237.3M | +26.9% | $58.0M | 24.4% | $28.1M | 11.9% |
| 2024 | $187.0M | -0.5% | $39.4M | 21.1% | $12.2M | 6.5% |
| 2023 | $188.1M | +38.2% | $24.3M | 12.9% | $23.2M | 12.3% |
| 2022 | $136.1M | +214.5% | $-6,700,000 | -4.9% | $-35,421,000 | -26.0% |
| 2021 | $43.3M | -18.6% | $3.3M | 7.5% | $-31,456,000 | -72.7% |
| 2020 | $53.1M | -55.5% | $-28,673,000 | -54.0% | $-143,648,000 | -270.3% |
| 2019 | $119.4M | -32.9% | $110.9M | 92.9% | $-75,500,000 | -63.3% |
| 2018 | $177.8M | -43.9% | $168.6M | 94.8% | $-69,811,000 | -39.3% |
| 2017 | $317.1M | +20.6% | $89.8M | 28.3% | $-2,855,000 | -0.9% |
| 2016 | $262.8M | -21.4% | $90.7M | 34.5% | $-7,304,000 | -2.8% |
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Start ComparisonFTK — Frequently Asked Questions
Quick answers to the most common questions about buying FTK stock.
Is FTK's revenue growth accelerating or slowing?
FTK revenue is accelerating at +26.5% year-over-year, exceeding the 5-year CAGR of +34.9%. TTM revenue reached $252M. Growth momentum has increased versus prior periods.
What is FTK's long-term revenue growth rate?
Flotek Industries, Inc.'s 5-year revenue CAGR of +34.9% reflects the sustained expansion pattern. Current YoY growth of +26.5% is above this long-term average.
How is FTK's revenue distributed by segment?
FTK reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.