Flotek Q2 FY26 net income jumps 463% to $9.95 million; revenue rises 70% to $99.37 million
Reuters2026/08/04 20:25Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Flotek posted Q2 net income of USD 9.95 million, up 463% year over year; diluted EPS rose to USD 0.26, up 420%.
- Revenue climbed 70% to USD 99.37 million; gross profit increased 65% to USD 23.78 million.
- Adjusted EBITDA (non-GAAP) more than doubled to USD 16.79 million; Data Analytics revenue rose to USD 19.18 million, up 223%.
- Announced a 10-year, USD 400 million power services contract supporting a 400 MW Puerto Rico gas power project.
- Raised 2026 revenue outlook to USD 340-350 million from USD 270-290 million; lifted adjusted EBITDA view to USD 47-51 million from USD 36-41 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Flotek Industries Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608041605PR_NEWS_USPR_____DA19218) on August 04, 2026, and is solely responsible for the information contained therein.
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