Flowco Holdings Inc. Reports Third Quarter 2026 Results
Flowco Holdings reported Q3 2026 revenue of $258.6 million, up roughly 46% year-over-year from $176.9 million, with net income of $40.7 million and diluted EPS of $0.40. Adjusted EBITDA of $103.9 million (40.2% margin) exceeded the high end of management's guidance range, and free cash flow reached $72.4 million, about 70% of Adjusted EBITDA. Roughly $9 million of the quarter's revenue came from accelerated rental revenue tied to Surface Equipment system releases. Capital returns stepped up: the Board approved a $0.09/share quarterly dividend payable November 24 and increased the buyback authorization by $150 million to $200 million total.
Key figures
- Eps
- 0.4
- Revenue
- 258622000
- Guidance
- Adjusted EBITDA exceeded the high end of the guidance range (per CEO); no new forward guidance issued in the release
- Revenue Yoy
- 0.46
- Fcf
- 72391000
- Net income
- 40713000
- Fcf conversion
- 69.7%
- Adjusted ebitda
- 103865000
- Buyback increase
- 150000000
- Dividend per share
- 0.09
- Adjusted net income
- 47973000
- Operating cash flow
- 103101000
- Revolver borrowings
- 355700000
- Revolver availability
- 364800000
- Adjusted ebitda margin
- 40.2%
- Buyback total authorization
- 200000000
AI analysis
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