Filing Flows › Flowco Holdings (FLOC) › Q2 2025
Flowco Holdings (FLOC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Flowco Holdings (FLOC) reported revenue of $193M for the second quarter 2025 (Q2 2025), +107% from a year earlier and +0.4% from the quarter before. Operating margin was 19.2%, net earnings $5.5M (2.8% of revenue).
Flowco Holdings, Q2 2025: revenue $193M (+107% year over year), operating margin 19.2%, net earnings $5.5M, operating cash flow $82.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $193M | +0.4% | +107% |
| Operating profit | $37.1M | +5% | +34% |
| Net earnings | $5.5M | -11% | -73% |
| Operating cash flow | $82.2M | +93% | +275% |
| Free cash flow | $46.4M | +216% | +403% |
What changed
Revenue was $193.2M in Q2 2025, up 107% year over year and roughly flat from the previous quarter. Downhole Components was the largest line at 36% of revenue. Downhole Components added $60.8M year over year (up 631%), 61% of the total change. Natural Gas Production declined 73%.
Operating profit was $37.1M, a 19.2% margin (down 10.5 points year over year). Of the extra revenue versus a year earlier, 9% reached operating profit, below the 30% margin then. Total costs grew 138% against revenue growth of 107%. The fastest-growing cost line was SG&A (+387%). Net earnings were $5.5M, down 73% year over year. The effective tax rate was 12.4%.
Operating cash flow was $82.2M (up 275% year over year), 300% of net income including minority interests. Non-cash charges added back $33.2M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items added $18.6M. Capital expenditures of $35.8M left free cash flow of $46.4M.
Questions
What was Flowco Holdings' revenue in the second quarter 2025?
Flowco Holdings (FLOC) reported revenue of $193M for the second quarter 2025 (Q2 2025), +107% from a year earlier and +0.4% from the quarter before.
Was Flowco Holdings profitable in the second quarter 2025?
Operating profit was $37.1M (19.2% of revenue) and net earnings $5.5M.
Source: Flowco Holdings 10-Q on SEC EDGAR.