Flowco Holdings Inc. (FLOC) Income Statement
FLOC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsFLOC revenue and net income
Where FLOC's revenue goes
2025Each bar shows an amount and its share of revenue. FLOC kept 5.4% of revenue as net income.
FLOC profit margins
FLOC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +41.9% | +72.3% | — | — |
| Gross profit | +49.1% | +67.7% | — | — |
| Operating income | +28.3% | +51.9% | — | — |
| Net income | −48.4% | +8.1% | — | — |
| EPS (diluted) | +405.0% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
FLOC quarterly EPS vs estimates
Flowco beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.34).
FLOC income statement
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $759.7M | $535.3M | $243.3M | $148.6M |
| Cost of revenue | $491.4M | $355.3M | $148.6M | $91.7M |
| Gross profit | $268.3M | $180.0M | $94.7M | $56.9M |
| Sales, general & admin | $118.6M | $62.5M | $15.2M | $14.2M |
| Total operating expenses | $118.6M | $63.2M | $16.4M | $14.2M |
| Operating income | $149.8M | $116.7M | $78.3M | $42.7M |
| Interest expense | $18.9M | $32.3M | $19.0M | $9.3M |
| Income before taxes | $130.8M | $81.4M | $58.5M | $33.0M |
| Income taxes | −$842,000 | $1.2M | $379,000 | $283,000 |
| Net income | $41.4M | $80.2M | $58.1M | $32.7M |
| EBITDA | $304.4M | $209.0M | $121.8M | $78.7M |
| EPS (diluted) | $3.03 | $0.60 | $0.64 | — |
| Gross margin | 35.3% | 33.6% | 38.9% | 38.3% |
| Operating margin | 19.7% | 21.8% | 32.2% | 28.7% |
| Net margin | 5.4% | 15.0% | 23.9% | 22.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $235.9M | $209.5M | $197.2M | $176.9M | $193.2M | $192.3M | $0 | $189.4M | $93.2M | $66.7M | $66.7M | $63.0M |
| Cost of revenue | $161.6M | $136.5M | $128.4M | $113.1M | $123.3M | $126.5M | −$6.9M | $100.8M | $58.5M | $39.6M | $39.6M | $26.8M |
| Gross profit | $74.3M | $73.1M | $68.8M | $63.8M | $69.9M | $65.8M | −$5.1M | $88.6M | $34.7M | $27.1M | $27.1M | $36.2M |
| Sales, general & admin | $35.7M | $36.5M | $26.4M | $29.0M | $32.7M | $30.5M | $8.7M | $25.0M | $6.7M | $4.5M | $72.3M | $4.0M |
| Total operating expenses | $32.9M | $36.5M | $26.4M | $29.0M | $32.7M | $30.5M | −$8.7M | $55.7M | $7.0M | $4.9M | $4.9M | $14.9M |
| Operating income | $41.4M | $36.6M | $42.5M | $34.8M | $37.2M | $35.3M | $3.7M | $32.9M | $27.7M | $22.2M | $22.2M | $21.3M |
| Interest expense | $5.6M | $4.3M | $4.4M | $2.8M | $6.4M | $5.4M | $14.4M | $7.6M | $5.5M | $4.8M | $4.8M | $5.5M |
| Income before taxes | $35.6M | $31.5M | $37.8M | $32.1M | $31.2M | $29.7M | −$10.6M | $21.3M | $20.3M | $17.3M | $17.3M | $16.3M |
| Income taxes | $4.6M | $4.0M | −$5.2M | −$2.2M | $3.9M | $2.6M | −$5.7M | $702,000 | $173,000 | $133,000 | $133,000 | $379,000 |
| Net income | $12.5M | $7.4M | $17.2M | $12.5M | $5.5M | $6.2M | $63.0M | $20.6M | $20.1M | $17.2M | $17.2M | $15.9M |
| EBITDA | $93.5M | $79.9M | $84.0M | $76.4M | $72.8M | $71.2M | $40.2M | $63.5M | $40.3M | $34.0M | $34.0M | $32.2M |
| EPS (diluted) | $0.36 | $1.09 | $0.73 | $0.59 | $1.26 | $0.45 | $0.25 | $0.35 | — | — | — | — |
| Gross margin | 31.5% | 34.9% | 34.9% | 36.1% | 36.2% | 34.2% | — | 46.8% | 37.2% | 40.6% | 40.6% | 57.5% |
| Operating margin | 17.6% | 17.5% | 21.5% | 19.7% | 19.2% | 18.3% | — | 17.4% | 29.7% | 33.3% | 33.3% | 33.9% |
| Net margin | 5.3% | 3.6% | 8.7% | 7.1% | 2.8% | 3.2% | — | 10.9% | 21.5% | 25.8% | 25.8% | 25.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in FLOC's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
FLOC financial results
In fiscal year 2025 (ended December 31, 2025), Flowco reported revenue of $759.7 million, up 41.9% from the year before. It had net income of $41.4 million (down 48.4%), a net profit margin of 5.4%. Diluted earnings per share came to $3.03.
See the FLOC stock overview for the latest quote and news, or the FLOC chart for price history and technical indicators.
FLOC income statement FAQ
What is Flowco's annual revenue?
Flowco reported total revenue of $759.7 million for fiscal year 2025, which ended on December 31, 2025. That was up 41.9% from $535.3 million the previous year.
Is Flowco profitable?
Yes. Flowco reported net income of $41.4 million in fiscal 2025, a net profit margin of 5.4%; its operating margin was 19.7%.
What is Flowco's gross margin?
Flowco's gross margin was 35.3% in fiscal 2025: for every $100 of revenue, Flowco kept $35 after the direct cost of its products and services.
What are Flowco's earnings per share?
Flowco earned $3.03 per diluted share in fiscal 2025, compared with $0.60 a year earlier.
When will Flowco report its next earnings?
Flowco is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 before the market opens.
When does Flowco's fiscal year end?
Flowco's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.