Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
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

Online course opens for navigating pharmaceutical regulations across Asia, Oct 20-22, 2026.

Online course opens for navigating pharmaceutical regulations across Asia, Oct 20-22, 2026.

A three-day online training on Pharmaceutical Regulatory Affairs in Asia is scheduled for October 20-22, 2026, aiming to help professionals understand diverse regulatory requirements across major Asian markets including China, India, Korea, and ASEAN...

Others
Neutral
34 minutes ago
Global workwear market to reach $344.71B by 2031, driven by corporate hiring and Asia-Pacific growth.

Global workwear market to reach $344.71B by 2031, driven by corporate hiring and Asia-Pacific growth.

The global workwear market, valued at $265.12 billion in 2025, is expected to grow to $344.71 billion by 2031 with a 4.5% CAGR. Growth is fueled by rising corporate employment worldwide, especially in Asia-Pacific, and increased focus on professional...

Market News
Bullish
38 minutes ago
Microalgae-based aquafeed market to grow 8.5% CAGR, driven by cost cuts and demand for antibiotic-free seafood.

Microalgae-based aquafeed market to grow 8.5% CAGR, driven by cost cuts and demand for antibiotic-free seafood.

The global microalgae-based aquafeed market is projected to grow from $320 million in 2026 to $481 million by 2031, at an 8.5% CAGR. Key growth drivers include rapid cost reductions in closed photobioreactor farming, making algae competitive with fis...

Market News
Bullish
39 minutes ago
Consumer finance market to grow to $14.08T by 2031, driven by embedded finance and fintech growth

Consumer finance market to grow to $14.08T by 2031, driven by embedded finance and fintech growth

The global consumer finance market is projected to expand from $9.87 trillion in 2025 to $14.08 trillion by 2031, growing at a 6.17% CAGR. Key growth drivers include embedded finance at point-of-sale, which boosts credit uptake by integrating lending...

Market News
Bullish
40 minutes ago
Xcel Brands partners with KBL Group to produce OFF/DUTY by Coco Rocha fashion line.

Xcel Brands partners with KBL Group to produce OFF/DUTY by Coco Rocha fashion line.

Xcel Brands has signed a licensing agreement with KBL Group to produce ready-to-wear collections for OFF/DUTY by Coco Rocha, a fashion brand created with supermodel Coco Rocha. KBL Group will handle sourcing, product development, manufacturing, and s...

Company Fundamentals
Bullish
1 hour ago
banner-footerbanner-footer

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