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Flotek reports Q3 revenue of $114.4M, doubling YoY, and raises 2026 revenue guidance.

Company Fundamentals
03 Nov 2026, 23:05 WIB
PRNewsWire
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Bullish
Flotek reports Q3 revenue of $114.4M, doubling YoY, and raises 2026 revenue guidance.

Flotek Industries announced its third quarter 2026 revenue reached $114.4 million, the highest in 12 years, doubling from the previous year due to strong growth in its Data Analytics and Chemistry Technologies segments. Despite a 35% drop in net income compared to Q3 2025, the company increased its full-year 2026 revenue guidance to $382-$390 million and adjusted EBITDA guidance to $59-$62 million. Flotek plans significant capital investments in 2027 to expand its Data Analytics segment, supported by a recently closed term loan. This growth reflects Flotek's strategic pivot towards data-driven technology solutions beyond the oil and gas industry.

Flotek's quarterly revenue milestone provides context for energy sector performance on Pluang. For readers following the energy sector, here is Pluang's market snapshot as of Nov 04, 2026 04:21 WIB: Among 79 priced US energy stocks, 27 rose and 51 fell. Notable movers include EQNR at USD 45.42 with a 1-day change of -6.83% and 100% buy order activity, CVE at USD 30.68 down 6.29%, and RUN at USD 8.75 up 6.06% with a typical hold time of 17 days.

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