Flotek Industries (FTK) Revenue & Revenue Breakdown

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Flotek Industries Revenue Highlights

Latest Revenue (Y)

$187.03M

Latest Revenue (Q)

$49.74M

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Flotek Industries Revenue by Period

Flotek Industries Revenue by Year

Date	Revenue	Change
2024-12-31	$187.03M	-0.55%
2023-12-31	$188.06M	38.18%
2022-12-31	$136.09M	214.53%
2021-12-31	$43.27M	-18.58%
2020-12-31	$53.14M	-55.48%
2019-12-31	$119.35M	-32.86%
2018-12-31	$177.77M	-43.94%
2017-12-31	$317.10M	20.65%
2016-12-31	$262.83M	-21.39%
2015-12-31	$334.36M	-25.56%
2014-12-31	$449.16M	21.05%
2013-12-31	$371.06M	18.62%
2012-12-31	$312.83M	20.88%
2011-12-31	$258.79M	76.07%
2010-12-31	$146.98M	30.59%
2009-12-31	$112.55M	-50.21%
2008-12-31	$226.06M	43.07%
2007-12-31	$158.01M	57.00%
2006-12-31	$100.64M	90.36%
2005-12-31	$52.87M	141.62%
2004-12-31	$21.88M	47.40%
2003-12-31	$14.84M	11.94%
2002-12-31	$13.26M	5.56%
2001-12-31	$12.56M	704.30%
2001-02-28	$1.56M	-12.93%
1999-02-28	$1.79M	-43.62%
1998-02-28	$3.18M	-

Flotek Industries generated $187.03M in revenue during NA 2024, up -0.55% compared to the previous quarter, and up 156.70% compared to the same period a year ago.

Flotek Industries Revenue by Quarter

Date	Revenue	Change
2024-09-30	$49.74M	7.78%
2024-06-30	$46.15M	14.31%
2024-03-31	$40.37M	-4.30%
2023-12-31	$42.19M	-10.75%
2023-09-30	$47.27M	-6.57%
2023-06-30	$50.59M	5.39%
2023-03-31	$48.01M	-0.44%
2022-12-31	$48.22M	5.69%
2022-09-30	$45.62M	55.32%
2022-06-30	$29.37M	128.07%
2022-03-31	$12.88M	5.97%
2021-12-31	$12.15M	19.40%
2021-09-30	$10.18M	11.06%
2021-06-30	$9.16M	-22.13%
2021-03-31	$11.77M	-2.78%
2020-12-31	$12.11M	-4.97%
2020-09-30	$12.74M	43.46%
2020-06-30	$8.88M	-54.26%
2020-03-31	$19.42M	-0.56%
2019-12-31	$19.53M	-10.75%
2019-09-30	$21.88M	-36.93%
2019-06-30	$34.69M	-19.80%
2019-03-31	$43.26M	-0.44%
2018-12-31	$43.45M	-38.79%
2018-09-30	$70.99M	20.15%
2018-06-30	$59.09M	-2.36%
2018-03-31	$60.52M	-16.54%
2017-12-31	$72.51M	-8.75%
2017-09-30	$79.46M	-6.71%
2017-06-30	$85.18M	6.53%
2017-03-31	$79.95M	13.24%
2016-12-31	$70.60M	-4.17%
2016-09-30	$73.68M	1.88%
2016-06-30	$72.32M	0.04%
2016-03-31	$72.29M	-6.13%
2015-12-31	$77.01M	-12.43%
2015-09-30	$87.94M	1.05%
2015-06-30	$87.03M	5.65%
2015-03-31	$82.37M	-33.84%
2014-12-31	$124.50M	6.63%
2014-09-30	$116.76M	10.87%
2014-06-30	$105.32M	2.67%
2014-03-31	$102.58M	1.71%
2013-12-31	$100.85M	2.50%
2013-09-30	$98.39M	5.13%
2013-06-30	$93.59M	19.61%
2013-03-31	$78.24M	2.01%
2012-12-31	$76.70M	-2.45%
2012-09-30	$78.63M	0.42%
2012-06-30	$78.30M	-1.13%
2012-03-31	$79.19M	5.73%
2011-12-31	$74.90M	-0.21%
2011-09-30	$75.06M	34.23%
2011-06-30	$55.92M	5.70%
2011-03-31	$52.91M	11.48%
2010-12-31	$47.46M	18.69%
2010-09-30	$39.98M	28.25%
2010-06-30	$31.17M	9.88%
2010-03-31	$28.37M	15.56%
2009-12-31	$24.55M	3.15%
2009-09-30	$23.80M	1.28%
2009-06-30	$23.50M	-42.26%
2009-03-31	$40.70M	-32.16%
2008-12-31	$60.00M	-4.45%
2008-09-30	$62.79M	10.52%
2008-06-30	$56.81M	22.25%
2008-03-31	$46.47M	7.08%
2007-12-31	$43.40M	-

Flotek Industries generated $49.74M in revenue during Q3 2024, up 7.78% compared to the previous quarter, and up 98.32% compared to the same period a year ago.

Flotek Industries Revenue Breakdown

Flotek Industries Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Product	$180.47M	$182.69M	$132.52M	$40.27M	$50.48M
Service	$6.55M	$5.36M	$3.57M	$3.00M	$2.66M

Flotek Industries's latest annual revenue breakdown by segment (product or service), as of Dec 24: Product (96.50%), and Service (3.50%).

Quarterly Revenue by Product

Product/Service	Dec 24	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Product	$93.12M	$48.24M	$39.11M	$86.87M	$49.06M	$46.77M	$47.16M	$44.57M	$28.59M	$12.20M	$11.25M	$9.49M	$8.44M	$11.08M	$11.43M	$12.08M	$8.18M	$18.80M	$18.74M	$21.03M
Service	$3.79M	$1.50M	$1.27M	$2.59M	$1.53M	$1.24M	$1.05M	$1.05M	$785.00K	$680.00K	$906.00K	$685.00K	$721.00K	$688.00K	$681.00K	$663.00K	$704.00K	$616.00K	$788.00K	$848.00K

Flotek Industries's latest quarterly revenue breakdown by segment (product or service), as of Dec 24: Product (96.09%), and Service (3.91%).

Flotek Industries Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
UNITED ARAB EMIRATES	$7.39M	$6.55M	$9.26M	$4.51M	$6.76M
UNITED STATES	$177.82M	$180.30M	$124.40M	$33.19M	$40.63M
Non-US	$1.81M	$1.21M	$2.44M	$5.57M	$5.75M

Flotek Industries's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (95.08%), UNITED ARAB EMIRATES (3.95%), and Non-US (0.97%).

Quarterly Revenue by Country

Country	Dec 24	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
UNITED STATES	$90.07M	$48.50M	$39.26M	$85.45M	$48.73M	$46.13M	$45.44M	$42.67M	$25.95M	$10.33M	$8.56M	$8.09M	$6.87M	$9.66M	$7.99M	$9.93M	$6.94M	$15.78M	$15.13M	$19.66M
UNITED ARAB EMIRATES	$6.06M	$592.00K	$741.00K	$3.64M	$1.51M	$1.40M	$2.56M	$2.24M	$3.14M	$1.31M	$771.00K	$1.32M	$1.32M	$1.10M	$2.98M	$1.47M	-	-	-	-
Non-US	$782.00K	$652.00K	$374.00K	$371.00K	$360.00K	$478.00K	$213.00K	$711.00K	$279.00K	$1.23M	$2.82M	$766.00K	$977.00K	$1.01M	$1.13M	$1.34M	$1.94M	$3.64M	$4.39M	$2.22M

Flotek Industries's latest quarterly revenue breakdown by geography, as of Dec 24: UNITED STATES (92.94%), UNITED ARAB EMIRATES (6.25%), and Non-US (0.81%).

Flotek Industries Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
LBRT	Liberty Energy	$4.32B	$1.14B
EFXT	Enerflex	$3.16B	$860.40M
MRC	MRC Global	$3.01B	$2.74B
DNOW	NOW	$2.37B	$633.00M
PUMP	ProPetro	$1.44B	$360.87M
VTOL	Bristow Group	$1.30B	$365.12M
FET	Forum Energy	$816.40M	$207.81M
KLXE	KLX Energy Services	$709.30M	$188.90M
RNGR	Ranger Energy Services	$571.10M	$153.00M
FTK	Flotek Industries	$187.03M	$49.74M
NGS	Natural Gas Services Group	$156.74M	$40.69M
GEOS	Geospace	$135.60M	$37.22M
OIS	Oil States	-	-

FTK Revenue FAQ

What is Flotek Industries’s yearly revenue?

Flotek Industries's yearly revenue for 2024 was $187.02M, representing a decrease of -0.55% compared to 2023. The company's yearly revenue for 2023 was $188.06M, representing an increase of 38.18% compared to 2022. FTK's yearly revenue for 2022 was $136.09M, representing an increase of 214.53% compared to 2021.

What is Flotek Industries’s quarterly revenue?

Flotek Industries's quarterly revenue for Q3 2024 was $49.74M, a 7.78% increase from the previous quarter (Q2 2024), and a 5.23% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $46.15M, a 14.31% increase from the previous quarter (Q1 2024), and a -8.78% decrease year-over-year (Q2 2023). FTK's quarterly revenue for Q1 2024 was $40.37M, a -4.30% decrease from the previous quarter (Q4 2023), and a -15.90% decrease year-over-year (Q1 2023).

What is Flotek Industries’s revenue growth rate?

Flotek Industries's revenue growth rate for the last 3 years (2022-2024) was 37.43%, and for the last 5 years (2020-2024) was 251.94%.

What are Flotek Industries’s revenue streams?

Flotek Industries's revenue streams in c 24 are Product, and Service. Product generated $180.47M in revenue, accounting 96.50% of the company's total revenue, down -1.22% year-over-year. Service generated $6.56M in revenue, accounting 3.50% of the company's total revenue, up 22.23% year-over-year.

What is Flotek Industries’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Flotek Industries was Product. This segment made a revenue of $180.47M, representing 96.50% of the company's total revenue.