Flowco Holdings Reports Record Q3 2026 Free Cash Flow and Strong Revenue Growth
Flowco Holdings Inc. (FLOC) reported strong third-quarter 2026 financial results, highlighted by a record quarterly free cash flow of $72.4 million and revenue of $258.6 million, representing a 10% sequential increase. The company's adjusted EBITDA reached $103.9 million with a 40.2% margin, exceeding management's previous guidance. Growth was driven primarily by production optimization activity and a significant 23.1% sequential rise in Natural Gas Technologies revenue. The company is actively expanding its international footprint, securing orders for ESP systems in Venezuela and the Middle East. Additionally, Flowco completed the acquisition of Lifting Solutions for $112 million, which is expected to contribute approximately $23 million in EBITDA for 2027. To support shareholder value, the board approved a total share repurchase authorization of $200 million.
Topics: acquisition EBITDA free cash flow net income revenue growth