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Flotek Reports Record Data Analytics Revenue and Strong First Quarter Results
Data Analytics revenue jumped 295% and accounted for half of gross profit, helping offset weaker related-party supply income.
- On Wednesday, Flotek Industries, Inc. announced total revenues of $70.1 million for the first quarter of 2026, a 27% increase compared to the same period in 2025.
- Data Analytics revenue surged 295% to drive growth, now accounting for 50% of gross profit, while Chemistry Technologies revenue increased 13% during the quarter.
- Adjusted EBITDA increased 44% to $9.1 million compared to $6.3 million in the prior-year quarter, while net income reached $4.7 million, or $0.12 per diluted share.
- Flotek issued 2026 guidance projecting total revenue between $270 million and $290 million, with adjusted EBITDA forecasted between $36 million and $41 million.
- The company earned the 2026 Product of the Year award for XSPCT technology from the Analyzer Technology Conference and recently secured its first power services contract.
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Flotek Reports Record Data Analytics Revenue and Strong First Quarter Results
HOUSTON, May 5, 2026 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced operational and financial results for the quarter ended March 31, 2026. The Company also provided 2026 guidance that reinforces its multi-year track record…
·Flint, United States
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Total News Sources17
Leaning Left1Leaning Right0Center13Last UpdatedBias Distribution93% Center
Bias Distribution
- 93% of the sources are Center
93% Center
C 93%
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