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Flotek Industries Inc  (FTK)
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FTK's Revenue Growth by Quarter and Year

Flotek Industries Inc's Revenue results by quarter and year




FTK Revenue (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 48.22 12.15 12.11
III Quarter September - 45.62 10.18 12.74
II Quarter June 50.59 29.37 9.17 8.88
I Quarter March 48.01 12.88 11.77 19.42
FY   98.60 136.09 43.27 53.15



FTK Revenue second quarter 2023 Y/Y Growth Comment
Flotek Industries Inc achieved in the second quarter 2023, above Company average Revenue rise of 72.26% year on year, to $ 50.59 millions.

Looking into second quarter 2023 results within Chemical Manufacturing industry 3 other companies have achieved higher Revenue growth. While Flotek Industries Inc' s Revenue jump of 72.26% ranks overall at the positon no. 302 in the second quarter 2023.




FTK Revenue ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - 296.87 % 0.33 % -37.99 %
III Quarter September - 348.13 % -20.09 % -41.77 %
II Quarter June 72.26 % 220.28 % 3.27 % -74.4 %
I Quarter March 272.75 % 9.43 % -39.39 % -55.11 %
FY   - 214.51 % -18.59 % -55.47 %

Financial Statements
Flotek Industries Inc's second quarter 2023 Revenue $ 50.59 millions FTK's Income Statement
Flotek Industries Inc's second quarter 2022 Revenue $ 29.37 millions Quarterly FTK's Income Statement
New: More FTK's historic Revenue Growth >>


FTK Revenue (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - 5.7 % 19.35 % -4.95 %
III Quarter September - 55.33 % 11.01 % 43.47 %
II Quarter June 5.38 % 128.03 % -22.09 % -54.27 %
I Quarter March -0.44 % 6.01 % -2.81 % -0.56 %
FY (Year on Year)   - 214.51 % -18.59 % -55.47 %




Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Chemical Manufacturing Industry #4
Basic Materials Sector #10
Overall #302

Revenue Y/Y Growth Statistics
High Average Low
348.21 % 18.33 % -100 %
(Sep 30 2022)   (Dec 31 2015)
Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Chemical Manufacturing Industry #4
Basic Materials Sector #10
Overall #302
Revenue Y/Y Growth Statistics
High Average Low
348.21 % 18.33 % -100 %
(Sep 30 2022)   (Dec 31 2015)

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Flotek Industries Inc's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
128.07 % 0.07 % -100 %
(Jun 30 2022)  


FTK's II. Quarter Q/Q Revenue Comment
Flotek Industries Inc achieved in the II. Quarter 2023 above company average sequential Revenue increase of 5.38%, to $ 50.59 millions, from $48.01 millions in the first quarter.

Within Chemical Manufacturing industry 23 other companies have achieved higher Revenue quarter on quarter growth. While Flotek Industries Inc's Revenue growth quarter on quarter, overall rank is 1276.


Revenue Q/Q Growth Company Ranking
Within: No.
Chemical Manufacturing Industry #24
Basic Materials Sector #73
Overall #1276
Revenue Q/Q Growth Company Ranking
Within: No.
Chemical Manufacturing Industry #24
Basic Materials Sector #73
Overall #1276
Revenue Q/Q Growth Statistics
High Average Low
128.07 % 0.07 % -100 %
(Jun 30 2022)  


FTK's II. Quarter Q/Q Revenue Comment
Flotek Industries Inc achieved in the II. Quarter 2023 above company average sequential Revenue increase of 5.38%, to $ 50.59 millions, from $48.01 millions in the first quarter.

Within Chemical Manufacturing industry 23 other companies have achieved higher Revenue quarter on quarter growth. While Flotek Industries Inc's Revenue growth quarter on quarter, overall rank is 1276.


Flotek Industries Inc's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
12 Months Ending
(Jun 30 2022)
Cumulative Revenue 12 Months Ending $ 192.44 $ 171.22 $ 136.09 $ 100.03 $ 64.59
Y / Y Revenue Growth (TTM) 197.97 % 285.83 % 214.53 % 131.44 % 41.08 %
Year on Year Revenue Growth Overall Ranking # 474 # 2160 # 2512 # 194 # 595
Seqeuential Revenue Change (TTM) 12.39 % 25.81 % 36.05 % 54.88 % 45.54 %
Seq. Revenue Growth (TTM) Overall Ranking # 448 # 1868 # 2054 # 88 # 82




Cumulative Revenue growth Comment
Assuming the Flotek Industries Inc's fiscal year would have ended in Jun 30 2023, Flotek Industries Inc would have reprted above average annual Revenue surge of 197.97% year on year, of $ 192 millions.
This marks a slow-down of the companys growth trends and from the 285.83% surge in Mar 31 2023.

Among companies within the Basic Materials sector 18 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 474, from total ranking in previous quarter at 2160.

Revenue TTM Q/Q Growth Statistics
High Average Low
285.83 %
8.25 %
-66.93 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Chemical Manufacturing Industry # 6
Basic Materials Sector # 19
Overall # 474

Revenue TTM Y/Y Growth Statistics
High Average Low
285.83 %
8.25 %
-66.93 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 6
Sector # 18
S&P 500 # 448
Cumulative Revenue growth Comment
Assuming the Flotek Industries Inc's fiscal year would have ended in Jun 30 2023, Flotek Industries Inc would have reprted above average annual Revenue surge of 197.97% year on year, of $ 192 millions.
This marks a slow-down of the companys growth trends and from the 285.83% surge in Mar 31 2023.

Among companies within the Basic Materials sector 18 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 474, from total ranking in previous quarter at 2160.

Revenue TTM Q/Q Growth Statistics
High Average Low
285.83 %
8.25 %
-66.93 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Chemical Manufacturing Industry # 6
Basic Materials Sector # 19
Overall # 474

Revenue TTM Y/Y Growth Statistics
High Average Low
285.83 %
8.25 %
-66.93 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 6
Sector # 18
S&P 500 # 448




Other Revenue Growth
Chemical Manufacturing Industry Revenue Growth Trends and Statistics
Basic Materials Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
FTK's Revenue Growth Ratio versus Chemical Manufacturing Industry, Basic Materials Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for FTK's Competitors
Revenue Growth for Flotek Industries Inc's Suppliers
Revenue Growth for FTK's Customers

You may also want to know
FTK's Annual Growth Rates FTK's Profitability Ratios FTK's Asset Turnover Ratio FTK's Dividend Growth
FTK's Roe FTK's Valuation Ratios FTK's Financial Strength Ratios FTK's Dividend Payout Ratio
FTK's Roa FTK's Inventory Turnover Ratio FTK's Growth Rates FTK's Dividend Comparisons



Companies with similar Revenue surge for the quarter ending Jun 30 2023 within Basic Materials SectorY/Y Change %Revenue for the quarter ending Jun 30 2023
Ur energy Inc 105.26%$ 105.263 millions
Industrial Tech Acquisitions Ii Inc 99.87%$ 99.870 millions
View Inc 91.37%$ 91.370 millions
Tomi Environmental Solutions Inc 90.26%$ 90.257 millions
Cactus inc 79.67%$ 79.666 millions
Flotek Industries Inc72.25%$ 72.247 millions
Albemarle Corporation60.19%$ 60.192 millions
Domtar Corporation59.15%$ 59.154 millions
Mativ Holdings Inc 56.54%$ 56.543 millions
Profire Energy Inc 49.63%$ 49.634 millions
Biolargo Inc 46.50%$ 46.505 millions
Nano Magic Inc 43.64%$ 43.645 millions




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