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Flotek Industries FTK Tax Credit Carryforward Valuation Allowance
Tax Credit Carryforward Valuation Allowance at other companies
Other financials
Where this comes from
Reported directly by Flotek Industries in its filing.
Tagged under the XBRL concept us-gaap:TaxCreditCarryforwardValuationAllowance.
The source filing: Flotek Industries’s 10-Q, filed August 6, 2026. Open the filing →
- Filed
- Aug 6, 2026, 4:05 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000928054-26-000080
FAQ
- What is Flotek Industries's tax credit carryforward valuation allowance?
- Flotek Industries (FTK) reported tax credit carryforward valuation allowance of $3.2M in Q2 2026.
- How has Flotek Industries's tax credit carryforward valuation allowance changed year-over-year?
- Flotek Industries's tax credit carryforward valuation allowance decreased by 15.8% year-over-year, from $3.8M to $3.2M.
- What does tax credit carryforward valuation allowance mean?
- This is a contra-asset account that reduces the carrying value of tax credit carryforwards when it is more likely than not that some or all of the credits will not be realized. It reflects management's assessment of the company's ability to generate sufficient future taxable income. A high allowance suggests uncertainty regarding the realization of tax benefits.
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