How has Flotek Industries's professional service fees payable changed year-over-year?

Flotek Industries's professional service fees payable decreased by 68.7% year-over-year, from $419K to $131K.

What is the long-term trend for Flotek Industries's professional service fees payable?

Over 5 years (2020 to 2025), Flotek Industries's professional service fees payable has grown at a -23.9% compound annual growth rate (CAGR), from $333K to $85K.

Flotek Industries FTK Professional Service Fees Payable

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Other financials

Income statement

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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

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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

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Operating cash flow$21.0K-99.7%

Valuation

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Market cap$791.2M+88.5%

Enterprise value$832.35M+97.8%

P/E26.5×-2.8×

P/S3.1×+1.1×

Profitability

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Gross margin25%+3.7pp

Operating margin10%+2.3pp

Net margin11.8%+4.7pp

FCF margin-8.2%—

Returns & leverage

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Return on equity25.1%+12.3pp

Debt / equity0.4×+0.3×

Current ratio1.8×-0.4×

Where this comes from

Reported directly by Flotek Industries in its filing.

Tagged under the XBRL concept us-gaap:AccruedProfessionalFeesCurrent.

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 professional service fees payable?: Flotek Industries (FTK) reported professional service fees payable of $131K in Q1 2026.
How has Flotek Industries's professional service fees payable changed year-over-year?: Flotek Industries's professional service fees payable decreased by 68.7% year-over-year, from $419K to $131K.
What is the long-term trend for Flotek Industries's professional service fees payable?: Over 5 years (2020 to 2025), Flotek Industries's professional service fees payable has grown at a -23.9% compound annual growth rate (CAGR), from $333K to $85K.