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Flotek Industries FTK Allowance for Doubtful Accounts Receivable (Current)

Allowance for Doubtful Accounts Receivable (Current) at other companies

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Other financials

Income statement

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Revenue$99.4M+70.3%
Gross profit$23.8M+65.1%
Operating income$14.9M+475%
Net income$10.0M+463%
EPS (diluted)$0.26+420%

Balance sheet

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Cash & equivalents$4.5M-12.2%
Total debt$46.6M-2.1%
Total equity$129.2M+79.8%
Total assets$268.0M+55.6%

Cash flow

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Operating cash flow-$6.6M

Valuation

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Market cap$1.36B+229%
Enterprise value$1.4B+208%
P/E35.9×+6.5×
P/S4.7×+2.7×

Profitability

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Gross margin24.7%+2.2pp
Operating margin12.8%+5.3pp
Net margin13%+6.4pp
FCF margin-8.2%

Returns & leverage

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Return on equity37.8%+21.9pp
Debt / equity0.4×-0.3×
Current ratio1.8×+0.2×

Where this comes from

Reported directly by Flotek Industries in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivableCurrent.

The source filing: Flotek Industries’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000928054-26-000080
Line itemJune 30, 2026December 31, 2025
Balance, beginning of year$764$447
Charges to provision for credit losses, net of recoveries197603
Write-offs(286)
Balance, end of period$961$764

Item 1. Financial Statements

FAQ

What is Flotek Industries's allowance for doubtful accounts receivable (current)?
Flotek Industries (FTK) reported allowance for doubtful accounts receivable (current) of $961K in Q2 2026.
How has Flotek Industries's allowance for doubtful accounts receivable (current) changed year-over-year?
Flotek Industries's allowance for doubtful accounts receivable (current) increased by 123.5% year-over-year, from $430K to $961K.
What is the long-term trend for Flotek Industries's allowance for doubtful accounts receivable (current)?
Over 5 years (2020 to 2025), Flotek Industries's allowance for doubtful accounts receivable (current) has grown at a -10.3% compound annual growth rate (CAGR), from $1.32M to $764K.
What does allowance for doubtful accounts receivable (current) mean?
This is the valuation allowance for current receivables that are considered uncollectible due to disputes, bankruptcy, or other non-payment issues. It serves as a buffer against potential losses from customer defaults. It is a critical indicator of the health of the company's accounts receivable portfolio.

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