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Flotek Industries FTK Accounts Receivable, Credit Loss Expense (Reversal)

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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:ProvisionForDoubtfulAccounts.

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 itemSix months ended June 30, 2026Six months ended June 30, 2025
Amortization of contract assets4,6582,916
Depreciation1,295626
Amortization of deferred financing costs189157
Provision for credit losses, net of recoveries197261
Provision for excess and obsolete inventory1,089250
Gain on sale of property and equipment(7)
Non-cash lease expense378624
Stock compensation expense2,0331,137

Item 1. Financial Statements

FAQ

What is Flotek Industries's accounts receivable, credit loss expense (reversal)?
Flotek Industries (FTK) reported accounts receivable, credit loss expense (reversal) of $141K in Q2 2026.
How has Flotek Industries's accounts receivable, credit loss expense (reversal) changed year-over-year?
Flotek Industries's accounts receivable, credit loss expense (reversal) decreased by 27.7% year-over-year, from $195K to $141K.
What is the long-term trend for Flotek Industries's accounts receivable, credit loss expense (reversal)?
Over 3 years (2021 to 2025), Flotek Industries's accounts receivable, credit loss expense (reversal) has grown at a 68.1% compound annual growth rate (CAGR), from -$127K to $603K.
What does accounts receivable, credit loss expense (reversal) mean?
Accounts Receivable, Credit Loss Expense (Reversal)

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