Flowco (FLOC)
Rents and sells artificial-lift, vapor-recovery, and natural-gas systems for producing wells.
$19.08
After hours−0.04 (−0.21%)
At close$19.12(−3.77%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 63 | 497 | 67 | 93 | 189 | −12 | 192 | 193 | 177 | 197 | 210 | 236 |
| Cost of revenue | 27 | 372 | 40 | 59 | 101 | −7 | 127 | 123 | 113 | 128 | 136 | 162 |
| Gross profit | 36 | 126 | 27 | 35 | 89 | −5 | 66 | 70 | 64 | 69 | 73 | 74 |
| 15 | 73 | 5 | 7 | 56 | −9 | 31 | 33 | 29 | 26 | 36 | 33 | |
| 4 | 72 | 4 | 7 | 25 | −9 | 31 | 33 | 29 | 26 | 36 | 33 | |
| Selling & marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 4 | 0 | 0 | 0 | 25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other expenses | 11 | 1 | 0 | 0 | 31 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | 21 | 53 | 22 | 28 | 33 | 4 | 35 | 37 | 35 | 42 | 37 | 41 |
| −5 | −13 | −5 | −7 | −12 | −14 | −6 | −6 | −3 | −5 | −5 | −6 | |
| Interest expense | 6 | 12 | 5 | 6 | 8 | 14 | 5 | 6 | 3 | 4 | 4 | 6 |
| Other non-operating income | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Income before tax | 16 | 40 | 17 | 20 | 21 | −11 | 30 | 31 | 32 | 38 | 31 | 36 |
| Income tax expense | 0 | 5 | 0 | 0 | 1 | −6 | 3 | 4 | −2 | −5 | 4 | 5 |
| Net income from continuing operations | 16 | 35 | 17 | 20 | 21 | −5 | 27 | 27 | 34 | 43 | 27 | 31 |
| Other adjustments | 0 | −60 | 0 | 0 | 0 | 68 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 16 | −25 | 17 | 20 | 21 | 63 | 6 | 5 | 13 | 17 | 7 | 13 |
| EPS, basic | $3.11 | −$0.28 | $0.19 | $0.23 | $0.23 | $1.02 | $0.24 | $0.21 | $0.46 | $0.62 | $0.24 | $0.29 |
| EPS, diluted | $3.11 | −$0.28 | $0.19 | $0.23 | $2.06 | $1.02 | $0.24 | $0.21 | $0.32 | $0.19 | $0.23 | $0.28 |
| Weighted average shares, basic | 5 | 88 | 91 | 88 | 89 | 22 | 26 | 26 | 27 | 29 | 32 | 43 |
| Weighted average shares, diluted | 5 | 88 | 91 | 88 | 91 | 22 | 26 | 26 | 27 | 90 | 33 | 44 |
| EBITDA | 32 | 65 | 34 | 40 | 64 | 40 | 71 | 73 | 76 | 84 | 80 | 94 |
| Depreciation & amortization | 11 | 12 | 12 | 15 | 31 | 36 | 36 | 35 | 42 | 42 | 44 | 52 |
| EBIT | 21 | 53 | 22 | 26 | 33 | 4 | 35 | 38 | 35 | 42 | 36 | 41 |