Investment
Features
FeesSafety
Academy
More
Pluang+

Flotek raises 2026 revenue and EBITDA guidance after Q2 revenue jumps 70% driven by Data Analytics growth.

Company Fundamentals
04 Aug 2026
PRNewsWire
View Source
Bullish
Flotek raises 2026 revenue and EBITDA guidance after Q2 revenue jumps 70% driven by Data Analytics growth.

Flotek Industries reported a 70% revenue increase in Q2 2026 to $99.4 million, driven by a 223% surge in Data Analytics revenue and a 53% rise in Chemistry Technologies revenue. Net income soared 463% to $10 million, with Data Analytics now contributing over half of the company's gross profit. The company secured a $400 million, 10-year contract for a Puerto Rico power project and raised its 2026 revenue guidance to $340-$350 million and adjusted EBITDA to $47-$51 million. This reflects Flotek's strategic pivot towards data-driven technology and diversification beyond oil and gas.

More News

Public companies are using XRP as an active treasury asset for liquidity, lending, and capital growth.

Public companies are using XRP as an active treasury asset for liquidity, lending, and capital growth.

A growing number of public companies are adopting XRP not just as a long-term holding but as an active treasury asset to support lending, liquidity, and onchain financial activities. Evernorth leads this trend with plans to hold over 473 million XRP ...

Market News
Bullish
4 hours ago
SpaceX stock may dip slightly after October share unlock, with price predicted around $150.

SpaceX stock may dip slightly after October share unlock, with price predicted around $150.

SpaceX stock has risen nearly 12% in September, trading above its IPO price of $135. However, with a significant share unlock scheduled for October 9, investors are cautious about potential price movements. ChatGPT predicts the stock could trade betw...

Market News
Neutral
4 hours ago
Strategy hints at new bitcoin buy with 'a little more orange' post, holding 845,050 BTC worth $67.9B.

Strategy hints at new bitcoin buy with 'a little more orange' post, holding 845,050 BTC worth $67.9B.

Strategy Inc, led by Michael Saylor, posted a chart hinting at a possible new bitcoin purchase with the phrase "a little more orange," though no purchase is confirmed yet. The company currently holds 845,050 BTC valued at about $67.9 billion, with an...

Market News
Neutral
4 hours ago
Dogecoin rises over 3% near $0.087 as buyers eye breakout above $0.09 for further gains.

Dogecoin rises over 3% near $0.087 as buyers eye breakout above $0.09 for further gains.

Dogecoin (DOGE) has risen more than 3% in the past 24 hours, trading near $0.087 as it approaches a key resistance zone between $0.0885 and $0.09. A breakout above this level could lead to higher targets at $0.0946 and $0.10. Technical signals on the...

Technical Signals
Bullish
4 hours ago
X sues users for running fake bitcoin news bots to fraudulently earn creator rewards

X sues users for running fake bitcoin news bots to fraudulently earn creator rewards

X has filed a lawsuit against Vivek Kumar Sen and Zmyang Sherpa, accusing them of operating a network of nine fake bitcoin news accounts that posted coordinated, unverified headlines to fraudulently collect over £207,000 from X's creator fund. The ac...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

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