Flowco Holdings Inc. income statement
In fiscal 2025, Flowco Holdings Inc. reported revenue of $760m, up 41.9% on the year before, operating income of $149m (a 19.6% margin) and net income of $41.4m, or $1.24 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|
| Revenue | 243 | 535 | 760 | 820 |
| Cost of revenue | 105 | 264 | 347 | 368 |
| Gross profit | 139 | 271 | 413 | 451 |
| Selling, general and administrative | 15 | 62 | 119 | 127 |
| Operating income | 78 | 117 | 149 | 154 |
| Interest expense | 19 | 32 | 19 | 17 |
| Income before tax | 58 | 81 | 131 | 137 |
| Income tax | 0 | 1 | −1 | 1 |
| Net income | 58 | 80 | 41 | 32 |
| Diluted EPS | — | — | $1.24 | — |
| Diluted shares (average) | — | — | 91m | — |
| EBITDA | 122 | 208 | 294 | 323 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 189 | 186 | 192 | 193 | 177 | 197 | 210 | 236 |
| Cost of revenue | 101 | 91 | 92 | 90 | 74 | 90 | 95 | 109 |
| Gross profit | 89 | 95 | 100 | 103 | 103 | 107 | 115 | 126 |
| Selling, general and administrative | 25 | 26 | 31 | 33 | 29 | 26 | 36 | 36 |
| Operating income | 33 | 34 | 35 | 37 | 35 | 42 | 36 | 41 |
| Interest expense | 12 | 10 | 5 | 6 | 3 | 4 | 4 | 6 |
| Income before tax | 21 | 23 | 30 | 31 | 32 | 38 | 31 | 36 |
| Income tax | 0 | 0 | 3 | 4 | −2 | −5 | 4 | 5 |
| Net income | 21 | 22 | 6 | 5 | 13 | 0 | 7 | 13 |
| Diluted EPS | — | — | $0.24 | $0.21 | $0.32 | $0.42 | $0.23 | $0.28 |
| EBITDA | 63 | 68 | 69 | 70 | 74 | 81 | 78 | 91 |
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