Flotek(US:FTK)2025-11-05 15:00Financial Performance - Flotek Industries reported a significant increase in financial performance for 3Q25, with revenue reaching $56 million, a 13% increase compared to $49.7 million in 3Q24 [16] - Gross profit surged to $17.8 million, a 95% increase from $9.1 million in 3Q24 [16] - Net income increased dramatically to $20.4 million, a 704% increase compared to $2.5 million in the same quarter of the previous year [16] - Adjusted EBITDA rose to $11.7 million, a 142% increase from $4.8 million in 3Q24 [16] - Diluted EPS increased to $0.53, a 563% increase compared to $0.08 in 3Q24 [16] Data Analytics Growth - Data Analytics revenue experienced substantial growth, with a 232% increase compared to 3Q24, and 3Q25 Data Analytics revenue equaled full year 2024 [17] - Service revenue within Data Analytics grew by 625% since 3Q24 [31] - Data Analytics segment revenues grew to 16% of total revenue, up from 5% in 3Q24 [33] Chemistry Technologies - External chemistry revenue grew by 54% in 9MTD25 compared to 9MTD24 [52] - Total chemistry revenue increased by 21% (9MTD25 vs 9MTD24) despite a (24%) drop in average fleet count [54] Future Outlook - The company increased its 2025 revenue guidance to a range of $220 million - $225 million, representing a 19% increase compared to 2024 [22] - Adjusted EBITDA guidance was increased to a range of $35 million - $40 million, representing an 85% increase compared to 2024 [22] - The company's Power Services & Digital Valuation is building on $148 million in high-margin backlog through 2031 [10]