Add as a preferred source on GoogleFlotek Raises 2026 Revenue Guidance, Plans Up to $20M in Data Analytics CapEx
The company expects adjusted EBITDA of $59 million to $62 million in 2026. It has designated uses for 75% of its planned 2027 investment, including data centers and utility contracts.
Flotek Industries, Inc. raised its 2026 revenue outlook to $382 million to $390 million and plans up to $20 million in 2027 Data Analytics capital spending for equipment and capacity.
The company plans to invest $15 million to $20 million in equipment, instruments and manufacturing capacity for its Data Analytics business. It has designated uses for 75% of the planned spending, including data centers and utility contracts.
Flotek’s 2026 adjusted EBITDA guidance is $59 million to $62 million. The outlook assumes no fourth-quarter revenue from Montana power-services work.
Flotek reported more than $114 million in third-quarter revenue, its strongest quarterly result since 2014 and more than twice its year-earlier total. Revenue in both Data Analytics and Chemistry Technologies grew 104% year over year.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.