Flotek Industries (FTK) risk factors

40 risks, 4 new, 2 dropped, 4 reworded since the prior year. 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.

38 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.