Filing Flows › Comparisons › FLOC vs FET
Flowco Holdings vs Forum Energy Technologies: FLOC and FET compared
Flowco Holdings is the larger company: $259M of revenue in its latest quarter (Q3 2026) against $237M for Forum Energy Technologies (Q3 2026). Flowco Holdings is growing faster (+46% against +21% a year earlier). Flowco Holdings is more profitable, with an operating margin of 18.5% against 8.4%.
Where the money goes: FLOC and FET
Flowco Holdings (FLOC) · Q3 2026
Flowco Holdings, Q3 2026: revenue $259M (+46% year over year), operating margin 18.5%, net earnings $20.1M, operating cash flow $103M. The chart follows the revenue to costs, profit and cash.
Forum Energy Technologies (FET) · Q3 2026
Forum Energy Technologies, Q3 2026: revenue $237M (+21% year over year), operating margin 8.4%, net earnings $11.2M, operating cash flow $32.0M. The chart follows the revenue to costs, profit and cash.
| Flowco Holdings (FLOC) | Forum Energy Technologies (FET) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $259M | $237M |
| Revenue growth, Y/Y | +46% | +21% |
| Gross margin | — | 31.4% |
| Operating margin | 18.5% | 8.4% |
| Net earnings | $20.1M | $11.2M |
| Net margin | 7.8% | 4.7% |
| Operating cash flow | $103M | $32.0M |
| Free cash flow | $72.4M | $30.3M |
Where the revenue comes from
Flowco Holdings
- Downhole Components: $99.6M (39%)
- Surface Equipment: $79.0M (31%)
- Vapor Recovery: $55.1M (21%)
- Natural Gas Production: $24.9M (10%)
Questions
Which is bigger, Flowco Holdings or Forum Energy Technologies?
Flowco Holdings is the larger company: $259M of revenue in its latest quarter (Q3 2026) against $237M for Forum Energy Technologies (Q3 2026).
Is Flowco Holdings or Forum Energy Technologies growing faster?
Flowco Holdings is growing faster (+46% against +21% a year earlier).
Which is more profitable, Flowco Holdings or Forum Energy Technologies?
Flowco Holdings is more profitable, with an operating margin of 18.5% against 8.4%.
More: Flowco Holdings earnings · how Flowco Holdings makes money · Forum Energy Technologies earnings · how Forum Energy Technologies makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Oct 30, 2026). Fiscal quarters can end on different dates. Not investment advice.