Flotek Industries, Inc. announced its financial results for the second quarter ended June 30, 2025, reflecting continued execution of its transformational strategy and robust growth across its two segments. Total revenues for Q2 2025 increased by 26% year-over-year to $58.4 million, up from $46.2 million in Q2 2024.
Gross profit climbed by 57% year-over-year to $14.4 million, resulting in a gross profit margin of 25%, up from 20% in the prior-year period. Adjusted EBITDA reached $9.5 million, a 113% increase from $4.4 million in Q2 2024, marking the eleventh consecutive quarter of Adjusted EBITDA improvement. Adjusted net income for the quarter totaled $6.0 million, a 202% increase from $2.0 million in Q2 2024.
The Data Analytics segment experienced significant growth, with revenues increasing by 189% year-over-year, driven by a 452% surge in service revenues, which included $3.2 million from PWRtek rental revenues. The PWRtek solution is now expected to deliver approximately $15 million in high-margin rental revenue during 2025, a 7% increase from previous estimates. Flotek maintained its previously issued 2025 guidance metrics for total revenue and Adjusted EBITDA.
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