Flotek Industries (FTK) Conference presentation summary

Strategic transformation and market positioning

• Shifted to a data-driven growth model, integrating real-time data analytics with sustainable chemistry solutions to maximize value and minimize environmental impact.

• Expanded addressable market across upstream, midstream, and downstream energy sectors, including digital valuation, flare monitoring, and LNG terminaling.

• Proprietary technologies and over 130 patents support recurring, high-margin growth and cycle-resistant revenue through long-term contracts.

• New executive team since 2023 has driven a turnaround, with common stock up 533% through September 2026.

Financial performance and guidance

• Q2 2026 revenue reached $99.4M, up 70% year-over-year, with gross profit up 65% and net income up 463%.

• Adjusted EBITDA for Q2 2026 was $16.8M, up 109% from the prior year.

• Full-year 2026 revenue guidance raised to $360M–$370M and Adjusted EBITDA to $50M–$54M, both marking the second upward revision in 2026.

• Three consecutive years of Adjusted EBITDA growth, with leverage ratio improving to 0.9x by mid-2026.

Segment highlights and growth drivers

• Chemistry Technologies segment saw domestic revenue up 43% and international revenue up 172% year-over-year in Q2 2026.

• International Chemistry revenue expected to exceed $40M in 2H26, driven by major contracts in Saudi Arabia's Jafurah basin.

• Data Analytics segment achieved record revenue, with external revenue in Q2 2026 surpassing total segment revenue from the prior year.

• Power Services technology active on over 50% of domestic natural gas fleets, offering real-time gas measurement and engine optimization.