What is Flotek Industries's R&D?

Flotek Industries (FTK) reported R&D of $396K in Q1 2026.

How has Flotek Industries's R&D changed year-over-year?

Flotek Industries's R&D increased by 11.5% year-over-year, from $355K to $396K.

What is the long-term trend for Flotek Industries's R&D?

Over 4 years (2021 to 2025), Flotek Industries's R&D has grown at a -24.3% compound annual growth rate (CAGR), from $5.54M to $1.82M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Flotek Industries FTK R&D

R&D at other companies

Schlumberger SLB

$164M-4.7%

Baker HughesBKR

$133M-8.9%

ChemoursCC

$26M-3.7%

Honeywell InternationalHON

$492M+18.3%

TechnipFMCFTI

$17.8M-6.8%

Minerals TechnologiesMTX

$6.1M+5.2%

Segments

By segment

See full

Chemistry Technologies$300K+50.0%

Data Analytics$100K0.0%

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

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

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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

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

Reported directly by Flotek Industries in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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 R&D?: Flotek Industries (FTK) reported R&D of $396K in Q1 2026.
How has Flotek Industries's R&D changed year-over-year?: Flotek Industries's R&D increased by 11.5% year-over-year, from $355K to $396K.
What is the long-term trend for Flotek Industries's R&D?: Over 4 years (2021 to 2025), Flotek Industries's R&D has grown at a -24.3% compound annual growth rate (CAGR), from $5.54M to $1.82M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.