Financial Performance Highlights - Flotek Industries reported a 26% increase in revenue, reaching $58.4 million in 2Q25 compared to $46.2 million in 2Q24[12] - Gross profit increased by 57%, from $9.2 million in 2Q24 to $14.4 million in 2Q25[12] - Adjusted EBITDA increased by 113%, from $4.4 million in 2Q24 to $9.5 million in 2Q25[12] - Adjusted net income increased by 202%, from $2.0 million in 2Q24 to $6.0 million in 2Q25[12] Data Analytics Growth - Data Analytics revenues experienced a 189% increase compared to 2Q24[9, 13] - Service revenue within Data Analytics grew by 452% since 2Q24[25] - Power Services, part of Data Analytics, carried approximately 90% gross margin in 2Q25[33, 46] - The company expects $15 million in revenues from PWRtek in 2025, and over $27 million in 2026[27] Chemistry Technologies Performance - External Chemistry Technologies revenue grew by 38% year-over-year in 2Q25[13, 45, 46] - International chemistry revenue increased by 83% from $3.9 million in 2Q24[45] Future Outlook - The company projects total revenue for FY 2025 to be between $200 million and $220 million, representing a 12% increase compared to 2024[17] - Adjusted EBITDA for FY 2025 is guided to be between $34 million and $39 million, an 80% increase compared to 2024[17]

Financial Performance - Flotek Industries reported its strongest quarter in the past decade, driven by complementary segments[9, 30] - First quarter 2025 revenue increased by 37% to $55.4 million compared to $40.4 million in the first quarter 2024[10, 30] - Net income for the first quarter 2025 was $5.4 million, a 244% increase from $1.6 million in the first quarter 2024[10, 30] - Adjusted EBITDA for the first quarter 2025 increased by 93% to $7.8 million compared to $4.0 million in the first quarter 2024[10, 30] - Adjusted EBITDA margin improved to 14% in the first quarter 2025, up from 10% in the first quarter 2024[10] - Diluted income per share increased to $0.17 in the first quarter 2025, up from $0.05 in the first quarter 2024[10, 30] Data Analytics - PWRtek Acquisition - The acquisition of PWRtek LLC includes 30 real-time gas monitoring and fuel optimization assets for mobile power generation[17] - PWRtek acquisition brings a 6-year agreement with $160 million in recurring revenue backlog and an expected $20 million in segment operating income in 2026[17] - Data Analytics recurring contracted backlog is $164 million[27] Chemistry Technologies - External chemistry revenue grew by 88% in the first quarter 2025 compared to the first quarter 2024, making up 42% of total chemistry revenues[31, 40]