Flotek Industries (FTK) risk factors
Item 1A of every Flotek Industries Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors40 risks4 new2 dropped4 reworded
Customer concentration remains extreme, with ProFrac generating 62% of revenue and the new Lease Agreement adding 6.8%. New risks focus on trade tariffs affecting chemical and instrument sourcing, cybersecurity compliance, and Sarbanes-Oxley internal control requirements.
Filed Mar 16, 2026 - FY2024 10-K risk factors38 risks
Heavy reliance on single customer ProFrac representing 62% of 2024 revenue creates extreme concentration risk. Operations depend on volatile oil and gas commodity prices and hydraulic fracturing activity. Strict environmental regulations and potential changes under the Trump administration threaten product demand.
Filed Mar 12, 2025