Flotek delivers record Q2, raises 2026 guidance on data pivot and PREPA deal
Aug 4, 2026, 4:11 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Strong Q2 beat signals operating leverage in Data Analytics, a higher-margin mix shift, and a large, visible PREPA contract that could sustain revenue/EBITDA growth; guidance uplifts (despite PREPA caveat) are positive, potentially re-rating multiple expansion.
AI summary
What happened, with direct paths to the underlying reporting
Flotek posted Q2 2026 revenue of $99.4m, up 70% YoY, with Data Analytics at a record $19.2m and accounting for 51% of gross profit. The Puerto Rico PREPA contract for 400 MW supports a $400m, 10-year opportunity, and management raised 2026 guidance to $270–$290m in revenue and $36–$41m EBITDA, excluding PREPA impact. The company’s data-driven pivot expands addressable markets and could sustain upside beyond 2026.
Q2 2026 revenue $99.367m; up 70% YoY; Data Analytics $19.2m.
Data Analytics now 51% of gross profit; Chemistry revenue $80.2m.
Puerto Rico PREPA contract: 400 MW, $400m over 10 years.
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