Flotek (FTK) Q2 Revenue Jumps 26%
Flotek Industries (NYSE:FTK), a developer of specialty chemistry products and advanced data analytics for the energy sector, reported second quarter 2025 earnings on August 5, 2025. The company posted significant revenue growth and margin improvement, with total revenue (GAAP) increasing by 26% and gross profit margin rising to 25% from 20% in the prior-year period, outperforming analyst expectations, mainly due to contributions from its recent Data Analytics acquisition and continued strength in Chemistry Technologies. Revenue (GAAP) came in at $58.35 million compared to the $54.76 million analyst estimate, while adjusted earnings per share (EPS) reached $0.16, beating the $0.14 forecast. On a Non-GAAP basis, net income grew sharply, but reported net income declined 10% year-over-year, reflecting $4.2 million in acquisition costs. Overall, the period marked another step in Flotek’s transformation toward higher-margin offerings, despite temporary pressures on headline earnings.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Flotek Industries operates in the upstream energy sector, supplying proprietary chemistry solutions and advanced data analytics services for oilfield operators. Its core business rests on two main divisions: Chemistry Technologies, which provides specialty chemicals, and Data Analytics, which offers real-time measurement and analytics solutions for energy infrastructure and emissions monitoring.
Source Fool.com
