Investment
Features
FeesSafety
Academy
More
Pluang+

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

Company Fundamentals
05 May 2026
PRNewsWire
View Source
Bullish
pluang ai news

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.

More News

Alamar Biosciences' NULISA platform featured in 140+ studies at AAIC 2026, advancing blood-based Alzheimer's biomarker detection.

Alamar Biosciences' NULISA platform featured in 140+ studies at AAIC 2026, advancing blood-based Alzheimer's biomarker detection.

Alamar Biosciences announced that its NULISA platform was prominently featured in over 140 scientific presentations at the 2026 Alzheimer's Association International Conference (AAIC) in London, highlighting its growing adoption in Alzheimer's resear...

Market News
Bullish
2 hours ago
Alamar Biosciences showcases over 140 presentations on blood-based Alzheimer's biomarkers at AAIC 2026.

Alamar Biosciences showcases over 140 presentations on blood-based Alzheimer's biomarkers at AAIC 2026.

Alamar Biosciences presented extensive data from its NULISA platform at the AAIC 2026 conference, highlighting advances in blood-based biomarkers for Alzheimer's detection and staging. The company emphasized new findings on eMTBR-Tau and BD-pTau217, ...

Market News
Bullish
2 hours ago
Holtec Nuclear files for IPO to list on Nasdaq, aiming to expand clean energy business.

Holtec Nuclear files for IPO to list on Nasdaq, aiming to expand clean energy business.

Holtec Nuclear Corporation has filed a registration statement with the U.S. SEC for a proposed initial public offering (IPO) of its Class A common stock, planning to list on Nasdaq under the symbol "HNUC." The offering details, including share count ...

Others
Bullish
3 hours ago
Aave launches Stable Vaults, boosting token sentiment amid cautious price outlook below $119.

Aave launches Stable Vaults, boosting token sentiment amid cautious price outlook below $119.

DeFi platform Aave introduced Stable Vaults, enabling fintechs and payment providers to offer fixed-rate stablecoin yields, enhancing its ecosystem. This launch, alongside the Aave V4 upgrade, increased token trading volume by 14.5% and price by near...

Protocol Fundamentals
Neutral
4 hours ago
Morgan Stanley targets Ethereum and Solana ETF market with low fees and staking rewards amid rising competition.

Morgan Stanley targets Ethereum and Solana ETF market with low fees and staking rewards amid rising competition.

Morgan Stanley has filed to launch Ethereum and Solana ETFs with a competitive 0.14% management fee, aiming to capture market share as crypto ETFs become more commoditized. These ETFs will offer direct token exposure, staking rewards, and institution...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App