Filing Flows › Flowco Holdings (FLOC) › How it makes money
How Flowco Holdings (FLOC) makes money
Flowco Holdings (FLOC) made $259M of revenue in the third quarter 2026 (Q3 2026), +46% from a year earlier. Downhole Components brought in $99.6M (39%); Surface Equipment brought in $79.0M (31%); Vapor Recovery brought in $55.1M (21%). Of every dollar of revenue, 19¢ was left as operating profit, 8¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Downhole Components | $99.6M | 38.5% | -0.5% | +56% |
| Surface Equipment | $79.0M | 30.6% | +12% | +28% |
| Vapor Recovery | $55.1M | 21.3% | -2% | +7% |
| Natural Gas Production | $24.9M | 9.6% | +193% | 312× |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $259M | 100.0% |
| Operating profit | $47.9M | 18.5% |
| Income tax | $2.1M | 0.8% |
| Net earnings | $20.1M | 7.8% |
| Operating cash flow | $103M | 39.9% |
| Free cash flow | $72.4M | 28.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $259M | +46% |
| Q2 2026 | $236M | +22% |
| Q1 2026 | $210M | +9% |
| Q4 2025 | $197M | +6% |
| Q3 2025 | $177M | -7% |
| Q2 2025 | $193M | +107% |
| Q1 2025 | $192M | +188% |
From Flowco Holdings' 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Flowco Holdings make money?
Flowco Holdings (FLOC) made $259M of revenue in the third quarter 2026 (Q3 2026), +46% from a year earlier. Downhole Components brought in $99.6M (39%); Surface Equipment brought in $79.0M (31%); Vapor Recovery brought in $55.1M (21%). Of every dollar of revenue, 19¢ was left as operating profit, 8¢ was left as net earnings.
What is Flowco Holdings' biggest business?
Downhole Components: $99.6M in the third quarter 2026, 39% of revenue, +56% from a year earlier.
What is Flowco Holdings' profit margin?
Net earnings were $20.1M, 7.8% of revenue, in the third quarter 2026; the operating margin was 18.5%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.