Develops chemistry solutions for oil and gas companies.
Jun 2026Revenue $293M/yrExpenses $255M/yr
Reached break-even Sep 2023
Figures by year
When did Flotek Industries become profitable?
Its revenue passed its expenses in Sep 2023. In the 12 months to Jun 2026, revenue was $293M and expenses $255M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $237M | $214M | $23.2M |
| Dec 2024 | $187M | $175M | $12.2M |
| Dec 2023 | $188M | $165M | $23.2M |
| Dec 2022 | $136M | $172M | −$35.4M |
| Dec 2021 | $39.6M | $71.1M | −$31.5M |
| Dec 2020 | $53.1M | $197M | −$144M |
| Dec 2019 | $119M | $195M | −$75.5M |
| Dec 2018 | $178M | $248M | −$69.8M |
| Dec 2017 | $243M | $253M | −$10.3M |
| Dec 2016 | $188M | $205M | −$17.0M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.