Company Reports Q1 Revenue of $70.051M, Beating Expectations
Reports Q1 revenue $70.051M, consensus $61.4M. CEO Ryan Ezell commented, "Our Q1 results build on the strong multi-year growth we have achieved across the business. During the quarter, both our Data Analytics and Chemistry segments delivered impressive year-over-year growth. Data Analytics now represents half of the Company's gross profit, and we expect it to surpass Chemistry as the largest contributor to profit during 2026. In early March, we announced our first power services contract, marking an important step in diversifying our revenue base beyond traditional oilfield applications. We believe this contract represents the first of many opportunities to capture high-margin, recurring revenue supporting power generation throughout the energy infrastructure sector."
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- Earnings Release Schedule: Flotek Industries plans to release its Q2 2026 financial and operating results after market close on August 4, 2026, reflecting the company's commitment to transparency and investor communication.
- Conference Call Timing: The earnings conference call is scheduled for August 5, 2026, at 9:00 AM CT (10:00 AM ET), providing investors with a direct opportunity to engage with management and enhance market confidence.
- Access Convenience: Participants can join the call via Flotek's website or by calling a toll-free number, ensuring broad accessibility and convenience for information dissemination, thereby improving the company's public image.
- Company Background: Flotek is a leading chemistry and data technology firm focused on the energy sector, boasting over 130 patents and a presence in more than 59 countries, showcasing its leadership and innovative capabilities in the industry.
- Earnings Release Schedule: Flotek Industries plans to release its Q2 2026 financial and operational results after market close on August 4, 2026, reflecting the company's commitment to transparency and ongoing growth in the energy sector.
- Conference Call Timing: The earnings conference call is scheduled for August 5, 2026, at 9:00 a.m. CT, which is expected to attract investor and analyst attention, thereby enhancing market confidence in Flotek's performance.
- Participation Options: Investors can access the call via Flotek's website or by dialing a toll-free number, ensuring broad dissemination of information and timely access, which enhances interaction between the company and its investors.
- Company Overview: Flotek is a leading chemistry and data technology company focused on the energy industry, boasting over 130 patents and 20 years of data experience, dedicated to providing sustainable chemistry and data solutions to minimize environmental impact.
- Conference Dates and Venue: The EnerCom Denver Energy Investment Conference will take place from August 17-19, 2026, at the Westin Denver Downtown, expected to attract over 1,000 industry professionals and investors, providing extensive networking opportunities.
- Charity Golf Tournament: Kicking off the event, a charity golf tournament will be held on August 17, requiring a $150 donation to participate, with proceeds supporting inclusive higher education for students with intellectual disabilities, highlighting the conference's commitment to social responsibility.
- Investor Engagement Opportunities: The conference offers investors direct access to executives from over 70 energy companies through one-on-one meetings and Q&A sessions, enabling them to gain insights into operational and financial strategies that inform investment decisions.
- Sponsors and Participating Companies: EnerCom Denver has attracted notable sponsors and participating companies, including Netherland, Sewell & Associates, showcasing its significant role in the global energy sector and enhancing connections with investors.
- Conference Dates and Venue: The EnerCom Denver Energy Investment Conference will take place from August 17-19, 2026, at the Westin Denver Downtown, expecting over 1,000 industry professionals and investors, providing extensive networking opportunities.
- Charity Golf Tournament: On the opening day, a charity golf tournament will be held, requiring a $150 donation to participate, with proceeds supporting inclusive higher education initiatives in Colorado, highlighting the conference's commitment to social responsibility.
- Executive Access Opportunities: The conference offers investors direct access to executives from over 70 energy companies through one-on-one meetings and breakout Q&A sessions, aimed at helping investors gain insights into operational and financial strategies.
- Sponsorship and Presentation Opportunities: EnerCom Denver provides sponsorship opportunities for companies looking to enhance their market presence, attracting participation from several well-known firms, thereby increasing the conference's industry impact and professionalism.
- Earnings Highlights: Flotek reported Q1 GAAP EPS of $0.12, missing estimates by $0.01, while revenue reached $70.05 million, a 26.5% year-over-year increase that exceeded expectations by $8.65 million, indicating strong performance in revenue growth.
- Chemistry Technologies Growth: Revenue from the Chemistry Technologies segment rose 13%, achieving its highest quarterly level in over seven years, suggesting enhanced competitiveness in this sector and laying a foundation for sustained future growth.
- Data Analytics Achievement: The Data Analytics segment achieved its highest-ever quarterly revenue, accounting for 50% of total gross profit compared to just 8% in the prior year, demonstrating the company's successful transformation towards data-driven decision-making and enhancing overall profitability.
- Future Outlook: Based on Q1 results and current visibility, Flotek expects total revenue for 2026 to range between $270 million and $290 million, slightly above the consensus of $267.27 million, with adjusted EBITDA projected at $36 million to $41 million, reflecting the company's confidence in future growth.










