Flotek reports 27% revenue growth in Q1 2026, driven by Data Analytics surge and strong 2026 outlook.

Flotek Industries announced a 27% increase in total revenues to $70.1 million for Q1 2026, led by a 295% jump in Data Analytics revenue and a 13% rise in Chemistry Technologies revenue. Data Analytics now contributes half of the company's gross profit, reflecting a strategic shift towards high-margin, recurring revenue streams like power services. Despite a 13% net income decline to $4.7 million due to higher taxes, adjusted EBITDA rose 44% to $9.1 million. Flotek projects 2026 revenues between $270 million and $290 million, with adjusted EBITDA of $36 million to $41 million, signaling strong growth prospects.