Flotek Q3 2026 net income falls 35% to $13.3 million; revenue more than doubles to $114.4 million
FTK•Flotek Industries’ third-quarter 2026 net income fell 35% year over year to $13.3 million, while revenue more than doubled to $114.4 million. The company raised its 2026 revenue guidance to $382 million–$390 million from $360 million–$370 million.
1. Quarterly results
Flotek Industries’ third-quarter 2026 net income fell 35% year over year to $13.3 million. The year-earlier quarter included a $12.6 million non-cash tax benefit, while revenue more than doubled to $114.4 million, its highest quarterly level in 12 years.
2. Revenue outlook
International chemistry revenue rose to $28.4 million, and the company expects international sales to remain strong in the fourth quarter. Flotek raised its full-year 2026 revenue guidance to $382 million–$390 million from $360 million–$370 million.
