Flotek Industries, Inc.FTKNYSE
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R&D Expenses Over TimeContracting
Percentile Rank7
3Y CAGR-25.7%
5Y CAGR-24.1%
Year-over-Year Change
Research and development spending
3Y CAGR
-25.7%/yr
vs -19.1%/yr prior
5Y CAGR
-24.1%/yr
Consistent
Acceleration
-6.6pp
Decelerating
Percentile
P7
Near historical low
vs 5Y Ago
0.3x
Contraction
Streak
1 yr
Consecutive growthContracting
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $1.82M | +6.3% |
| 2024 | $1.71M | -31.1% |
| 2023 | $2.49M | -44.0% |
| 2022 | $4.44M | -19.8% |
| 2021 | $5.54M | -23.2% |
| 2020 | $7.21M | -18.6% |
| 2019 | $8.86M | -14.4% |
| 2018 | $10.36M | -24.1% |
| 2017 | $13.64M | +46.4% |
| 2016 | $9.32M | - |