Filing Flows › Flowco Holdings (FLOC) › Q1 2026
Flowco Holdings (FLOC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Flowco Holdings (FLOC) reported revenue of $210M for the first quarter 2026 (Q1 2026), +9% from a year earlier and +6% from the quarter before. Operating margin was 17.3%, net earnings $7.4M (3.6% of revenue).
Flowco Holdings, Q1 2026: revenue $210M (+9% year over year), operating margin 17.3%, net earnings $7.4M, operating cash flow $78.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $210M | +6% | +9% |
| Operating profit | $36.3M | -14% | +3% |
| Net earnings | $7.4M | -57% | +21% |
| Operating cash flow | $78.7M | -10% | +85% |
| Free cash flow | $52.3M | — | +256% |
What changed
Revenue was $209.5M in Q1 2026, up 9% year over year and up 6% from the previous quarter. Downhole Components was the largest line at 33% of revenue. Surface Equipment added $15.4M year over year (up 28%), 90% of the total change. Natural Gas Production declined 63%.
Operating profit was $36.3M, a 17.3% margin (down 1.0 points year over year). Of the extra revenue versus Q1 2025, 6% reached operating profit, below the 18% margin then. Total costs grew 10% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+23%). Net earnings were $7.4M, up 21% year over year. The effective tax rate was 12.8%.
Operating cash flow was $78.7M (up 85% year over year), 287% of net income including minority interests. Non-cash charges added back $41.5M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items added $6.7M. After itions to property, plant and equipment ($26.4M), free cash flow as the company reports it was $52.3M.
Questions
What was Flowco Holdings' revenue in the first quarter 2026?
Flowco Holdings (FLOC) reported revenue of $210M for the first quarter 2026 (Q1 2026), +9% from a year earlier and +6% from the quarter before.
Was Flowco Holdings profitable in the first quarter 2026?
Operating profit was $36.3M (17.3% of revenue) and net earnings $7.4M.
Source: Flowco Holdings 10-Q on SEC EDGAR.