What is Flotek Industries's net debt?

Flotek Industries (FTK) reported net debt of $41.15M in Q1 2026.

How has Flotek Industries's net debt changed year-over-year?

Flotek Industries's net debt increased by 3668.5% year-over-year, from $1.09M to $41.15M.

What is the long-term trend for Flotek Industries's net debt?

Over 5 years (2020 to 2025), Flotek Industries's net debt has grown at a -42.4% compound annual growth rate (CAGR), from -$24.52M to $1.55M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Flotek Industries FTK Net debt

Discontinued — last reported Q1 '26

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Other financials

Income statement

See full

Revenue$70.1M+26.5%

Gross profit$15.5M+24.8%

Operating income$7.6M+36.3%

Net income$4.7M-13.3%

EPS (diluted)$0.12-29.4%

Balance sheet

See full

Cash & equivalents$5.8M-9.0%

Total debt$46.9M+530%

Total equity$118.2M-1.3%

Total assets$231.8M+36.2%

Cash flow

See full

Operating cash flow$21.0K-99.7%

Valuation

See full

Market cap$786.5M+87.4%

Enterprise value$827.65M+96.7%

P/E26.4×-2.9×

P/S3.1×+1.0×

Profitability

See full

Gross margin25%+3.7pp

Operating margin10%+2.3pp

Net margin11.8%+4.7pp

FCF margin-8.2%—

Returns & leverage

See full

Return on equity25.1%+12.3pp

Debt / equity0.4×+0.3×

Current ratio1.8×-0.4×

Where this comes from

Calculated from Flotek Industries’s reported figures.

$46.9Mtotal debt−$5.8Mcash and equivalents=$41.15M

The official record: Flotek Industries’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Flotek Industries's net debt?: Flotek Industries (FTK) reported net debt of $41.15M in Q1 2026.
How has Flotek Industries's net debt changed year-over-year?: Flotek Industries's net debt increased by 3668.5% year-over-year, from $1.09M to $41.15M.
What is the long-term trend for Flotek Industries's net debt?: Over 5 years (2020 to 2025), Flotek Industries's net debt has grown at a -42.4% compound annual growth rate (CAGR), from -$24.52M to $1.55M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.