Flotek Industries (FTK) Balance Sheet: Assets & Liabilities

Flotek Industries (FTK) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Flotek Industries reported total assets of $220.05M and total liabilities of $106.99M. Shareholders' equity was $113.06M, down 0.7% from $113.90M a year earlier. Total debt stood at $50.15M against $5.73M in cash and short-term investments, a net debt position of $44.42M. That puts debt-to-equity at 0.44, compared with 0.10 a year earlier.

Flotek Industries Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Flotek Industries, Inc. (FTK) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Mar 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	5.73	4.40	5.85	12.29	11.53	11.53	38.66	100.58	3.04	4.58
Cash & Short-Term Investments	5.73	4.40	5.85	12.29	11.53	11.53	38.66	100.58	3.04	4.58
Accounts Receivable	90.87	69.76	48.26	41.82	13.30	13.30	12.17	16.27	40.21	37.72
Inventory	10.63	13.30	12.84	15.72	9.45	9.45	11.84	23.21	27.29	75.76
Other Current Assets	3.55	2.95	3.56	10.25	8.31	8.31	3.79	13.85	124.24	65.98
Total Current Assets	110.78	96.46	76.45	80.07	42.60	42.60	66.46	153.91	194.78	138.45
Non-Current Assets
Property, Plant & Equipment (Net)	23.43	9.50	10.16	10.73	7.34	7.34	11.41	56.22	45.49	73.83
Long-Term Investments	55.12	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	-68.93
Goodwill	0.00	0.00	0.00	0.00	0.00	-	8.09	0.00	0.00	56.66
Intangible Assets	0.00	0.00	0.00	0.00	0.00	-	0.00	20.32	26.83	48.23
Other Non-Current Assets	1.58	1.68	1.79	74.01	0.03	0.31	0.03	0.00	0.13	68.93
Total Non-Current Assets	109.27	74.34	81.07	84.74	7.65	7.65	19.76	76.69	91.10	191.44
Total Assets	220.05	170.80	157.51	164.81	50.24	50.24	86.21	230.60	285.88	329.89
Current Liabilities
Accounts Payable	48.32	38.07	31.71	33.38	7.62	7.62	5.79	16.23	15.01	10.39
Short-Term Debt	4.74	4.85	7.67	103.37	2.08	1.44	4.74	0.54	49.73	27.95
Current Portion of Long-Term Debt	-	0.06	0.18	2.05	-	1.44	4.05	-	-	-
Accrued Liabilities	6.80	4.72	4.64	9.21	-	9.08	6.91	-	-	-
Deferred Revenue	0.72	0.81	0.55	0.04	0.53	0.09	0.00	0.00	10.34	0.00
Other Current Liabilities	7.55	5.10	0.06	0.58	8.31	2.36	18.31	24.55	19.52	26.29
Total Current Liabilities	61.58	50.37	47.78	151.37	18.78	18.78	28.86	41.32	84.26	64.63
Non-Current Liabilities
Long-Term Debt	45.42	6.51	0.06	2.74	11.18	3.35	10.06	17.13	0.00	0.00
Deferred Tax Liabilities	0.00	0.00	0.00	0.00	0.00	-	0.00	0.12	16.27	17.34
Other Non-Current Liabilities	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00	-16.27	0.00
Total Non-Current Liabilities	45.42	6.53	7.77	10.80	11.28	11.18	10.18	17.25	64.74	50.00
Total Liabilities	106.99	56.90	55.55	162.21	30.05	30.05	39.04	58.57	84.26	64.63
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.01	0.01
Retained Earnings	-285.78	-316.31	-326.81	-351.52	-309.21	-309.21	-278.69	-142.24	-107.57	-37.23
Accumulated Other Comprehensive Income	0.10	0.25	0.13	0.18	0.08	0.08	-0.02	0.18	-1.12	-0.88
Treasury Stock	36.23	34.67	34.50	34.25	-	34.10	-	-	-	-
Additional Paid-in Capital	398.74	464.62	463.14	353.93	329.32	363.42	325.87	314.08	310.30	303.00
Minority Interest	0.00	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	0.36
Shares Outstanding	30.13	29.83	29.66	12.96	-	12.24	-	-	-	-
Total Stockholders' Equity	113.06	113.90	101.96	2.60	20.19	20.19	47.17	172.03	201.62	264.90
Total Liabilities & Equity	220.05	170.80	157.51	164.81	50.24	50.24	86.21	230.60	285.88	329.89

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Flotek Industries Balance Sheet

How much debt does Flotek Industries have?

Flotek Industries had total debt of $50.15M as of Dec 31, 2025, against $5.73M in cash and short-term investments. Its debt-to-equity ratio was 0.44. Total debt was $11.36M a year earlier.

What are Flotek Industries's total assets?

Flotek Industries reported total assets of $220.05M as of Dec 31, 2025, up 28.8% from $170.80M a year earlier. Total liabilities were $106.99M.

What is Flotek Industries's shareholders' equity?

Flotek Industries's shareholders' equity was $113.06M as of Dec 31, 2025, or about $3.75 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition