Flotek Raises 2026 Revenue Guidance, Plans Up to $20M in Data Analytics CapEx
Photo: TokenPost
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.
Source: TokenPost
