Filing Flows › Flowco Holdings (FLOC) › Q2 2026 › vs Q2 2025
Flowco Holdings (FLOC) Q2 2026 vs Q2 2025 (year over year)
Flowco Holdings's revenue rose $42.6M (+22%) from $193M in Q2 2025 to $236M in Q2 2026. The biggest changes: Downhole Components +$29.6M (+42%); Surface Equipment +$13.0M (+22%); Natural Gas Production +$1.3M (+18%). Operating margin 17.5% against 19.2% (-1.7 pts).
Flowco Holdings, Q2 2026: revenue $236M (+22% year over year), operating margin 17.5%, net earnings $12.5M, operating cash flow $95.2M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 17.5% | 19.2% | -1.7 pts |
| Net margin | 5.3% | 2.8% | +2.5 pts |
| Free cash flow margin | 21.1% | 24.0% | -2.9 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Downhole Components | $100M | $70.4M | $29.6M | +42% |
| Surface Equipment | $70.8M | $57.8M | $13.0M | +22% |
| Vapor Recovery | $56.5M | $57.7M | −$1.3M | -2% |
| Natural Gas Production | $8.5M | $7.2M | $1.3M | +18% |
| Revenue | $236M | $193M | $42.6M | +22% |
| Operating profit | $41.2M | $37.1M | $4.1M | +11% |
| Costs & expenses | $195M | $156M | $38.5M | +25% |
| Pre-tax earnings | $35.6M | $31.2M | $4.4M | +14% |
| Other expense, net | $5.6M | $5.9M | −$260K | -4% |
| Cost of revenue | $109M | $90.2M | $19.2M | +21% |
| SG&A | $35.7M | $32.7M | $3.0M | +9% |
| Other operating costs | $49.6M | $33.2M | $16.3M | +49% |
| Net earnings | $12.5M | $5.5M | $7.0M | +129% |
| Minority interests | $18.4M | $21.9M | −$3.5M | -16% |
| Income tax | $4.6M | $3.9M | $768K | +20% |
| Depreciation & amortization | $49.4M | $33.2M | $16.2M | +49% |
| Share-based compensation | $3.1M | $3.0M | $45K | +1% |
| Working capital & other | $30.3M | $40.5M | −$10.2M | -25% |
| Operating cash flow | $95.2M | $82.2M | $13.1M | +16% |
| Free Cash Flow (company-reported) | $49.8M | $46.4M | $3.4M | +7% |
| Itions to property, plant and equipment | $45.5M | $35.8M | $9.7M | +27% |
Questions
How much did Flowco Holdings's revenue grow year over year in Q2 2026?
Flowco Holdings's revenue rose $42.6M (+22%) from $193M in Q2 2025 to $236M in Q2 2026.
What drove Flowco Holdings's revenue change in Q2 2026?
Downhole Components +$29.6M (+42%); Surface Equipment +$13.0M (+22%); Natural Gas Production +$1.3M (+18%).