← FLOTEK INDUSTRIES INC/CN/

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $262.8m $317.1m $177.8m $119.4m $53.1m $39.6m $54.3m $188.1m $187.0m $237.3m
Cost of Revenue $172.2m $215.1m $133.0m $89.3m $39.8m $29.7m $40.7m $163.8m $147.6m $177.4m
Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization — — — $149.2m $88.3m — — — — —
Gross Profit (derived) $90.7m $102.0m $44.7m $30.0m ($28.7m) $3.3m ($6.7m) $24.3m $39.4m $59.8m
Operating Expenses $98.0m — — — — — — — — —
Operating Income (Loss) ($7.3m) ($2.9m) ($69.8m) ($76.6m) ($143.6m) ($31.5m) ($35.4m) $23.2m $12.2m $23.2m
Additional Financial Items
Amortization of Intangible Assets $2.8m $2.7m $1.4m $2.0m $900k $0 — — — —
Gain (Loss) Related to Litigation Settlement $12.7m $0 $0 — — — — — — —
Goodwill, Impairment Loss $0 $0 $37.2m $0 $11.7m $8.1m $0 — — —
Income (Loss) from Continuing Operations before Income Taxes, Domestic $4.5m ($2.8m) ($80.0m) ($76.8m) ($141.9m) ($30.0m) ($42.2m) $25.3m $11.0m $18.8m
Income (Loss) from Continuing Operations, Per Basic Share $0 ($0) ($1) ($1) $68.3m $73.4m $74.4m $24.8m $29.5m $33.9m
Income (Loss) from Continuing Operations, Per Diluted Share $0 ($0) ($1) ($1) $68.3m $73.4m $74.4m $28.4m $30.9m $36.2m
Lease Income — — — — — — — — — $16.1m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest — — — — — ($30.6m) ($42.3m) $24.9m $11.1m $19.7m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $1.9m ($13.1m) ($73.1m) ($76.7m) ($136.4m) — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — ($73.4m) ($76.7m) — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — $2.7m $44.5m — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($51.0m) ($14.3m) $2.7m $44.5m $0 — — — — —
Net Income (Loss) Attributable to Parent ($49.1m) ($27.4m) ($70.3m) ($32.3m) ($136.4m) ($30.5m) ($42.3m) $24.7m $10.5m $30.5m
Net Income (Loss) Available to Common Stockholders, Basic ($49.1m) ($27.4m) ($70.3m) ($32.3m) ($136.4m) ($30.5m) ($42.3m) $24.7m $10.5m $30.5m
Net Income (Loss) Attributable to Noncontrolling Interest — — ($358k) $0 — — — — — —
Earnings Per Share, Basic ($0.88) ($0.48) ($1.21) ($0.55) ($2.00) ($0.42) ($0.57) $1.00 $0.36 $0.90
Earnings Per Share, Diluted ($0.88) ($0.48) ($1.21) ($0.55) ($2.00) ($0.42) ($0.57) ($0.10) $0.34 $0.84
Weighted Average Number of Shares Outstanding, Basic 56.1m 57.6m 58.0m 58.8m 68.3m 73.4m 74.4m 24.8m 29.5m 33.9m
Weighted Average Number of Shares Outstanding, Diluted 56.4m 57.6m 58.0m 58.8m 68.3m 73.4m 74.4m 28.4m 30.9m 36.2m
Selling, General and Administrative Expense $80.2m $78.7m $31.5m $28.0m $16.3m $20.2m $27.1m $27.9m $24.7m $28.0m
Other Nonoperating Income (Expense) ($303k) $812k ($5.0m) $1.7m $503k $87k $145k ($26k) $46k $348k
Interest Expense (non-operating) — — — — — — — — $1.1m $3.9m
Costs and Expenses — $320.0m $247.6m $196.0m $196.8m $34.7m $28.7m $1.0m $27.2m $36.6m
Current Income Tax Expense (Benefit) ($169k) ($151k) ($643k) ($25.5m) ($6.0m) $16k $103k $45k $400k $312k
Interest Expense $2.0m $2.2m $2.9m $2.0m $60k $78k $7.1m $2.9m $1.1m $3.9m
Interest Expense, Debt — — — — — — — $453k — —
Nonoperating Income (Expense) $10.4m ($1.4m) ($10.8m) ($311k) $1.0m $890k ($6.9m) $1.6m ($1.0m) ($3.6m)
Operating Lease, Expense — — — $2.9m $1.6m — — — — —
Other Cost of Operating Revenue — — — — — — — — — $1.6m
Research and Development Expense $9.3m $13.6m $10.4m $8.9m $7.2m $5.5m $4.4m $2.5m $1.7m $1.8m
Income Tax Expense (Benefit) $1.2m $8.8m ($7.2m) ($201k) ($6.2m) ($40k) ($22k) $149k $649k ($10.9m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.