For the quarter ending 2026-03-31, FLOC had $12,815K increase in cash & cash equivalents over the period. $52,323K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 27,454 | 42,985 | 34,273 | 54,397 |
| Depreciation and amortization | 41,495 | 38,601 | 38,953 | 67,284 |
| Provision for inventory obsolescence | 404 | 201 | 362 | 1,274 |
| Amortization of operating right-of-use assets | 2,542 | 3,200 | 2,616 | 4,011 |
| Amortization of deferred financing costs | 338 | 337 | 338 | 674 |
| (gain) loss on sale of equipment | -310 | -487 | -232 | -23 |
| Loss on debt extinguishment | - | 0 | 0 | - |
| Gain on lease termination | 19 | 153 | 528 | 263 |
| Stock-based compensation | 3,086 | 1,556 | 1,479 | 7,991 |
| Provision for deferred income taxes | 4,030 | -5,162 | -2,208 | 1,428 |
| Allowance for credit losses | 373 | -536 | 610 | 941 |
| Accounts receivable | 15,385 | -19,041 | -3,188 | 3,356 |
| Inventory | 1,302 | -9,499 | 8,634 | 941 |
| Prepaid expenses and other current assets | -654 | -2,053 | -1,700 | -614 |
| Other assets and liabilities | 43 | 8 | 8 | 66 |
| Accounts payable - trade | 15,948 | -9,501 | -1,006 | 2,014 |
| Accrued expenses | -3,897 | -7,290 | 7,054 | -6,695 |
| Deferred revenue | 5,021 | -5,162 | 6,615 | -2,079 |
| Operating lease liabilities | -2,804 | -3,496 | -2,826 | -3,591 |
| Finance lease liabilities | 503 | 524 | 257 | 1,067 |
| Net cash provided by operating activities | 78,708 | 87,176 | 82,467 | 124,727 |
| Asset acquisition | - | 0 | 71,813 | - |
| Net cash paid in valiant acquisition | 161,764 | - | - | - |
| Additions to property, plant and equipment | 26,385 | 24,004 | 39,663 | 63,620 |
| Payment of contingent consideration related to a business combination | - | 0 | 548 | - |
| Proceeds from sale of property, plant and equipment | 4 | 33 | 164 | 270 |
| Net cash acquired in 2024 business combination | - | 0 | 0 | 0 |
| Payment for capitalized patent costs | 133 | 137 | 339 | 95 |
| Net cash used in investing activities | -188,278 | -24,108 | -112,199 | -63,445 |
| Issuance of class a common stock in ipo, net of underwriting discount | 0 | 0 | 0 | 461,803 |
| Payment of offering costs | 0 | 0 | 0 | 2,458 |
| Repurchase of class a common stock | 16,516 | 0 | 15,000 | - |
| Payments on long-term debt | 308,962 | 207,887 | 200,102 | 706,683 |
| Proceeds from long-term debt | 469,134 | 153,077 | 255,680 | 237,817 |
| Payments on finance lease obligations | 4,055 | 3,919 | 5,383 | 5,663 |
| Proceeds on finance lease terminations | 0 | 120 | 36 | 313 |
| Purchase of llc interests from continuing equity owners | 0 | 0 | 0 | 20,876 |
| Payment of debt issuance costs | 0 | 0 | 0 | 13 |
| Payment of dividend equivalent units | 2 | 0 | 10 | - |
| Payment of tax withheld on stock-based compensation | - | 0 | 296 | - |
| Distributions to members of flowco llc | 14,842 | 4,845 | 4,911 | 18,792 |
| Dividends paid to flowco holdings inc. shareholders | 2,372 | 2,327 | 2,334 | 2,058 |
| Net cash provided by (used in) financing activities | 122,385 | -65,781 | 27,680 | -56,610 |
| Net increase (decrease) in cash and cash equivalents | 12,815 | -2,713 | -2,052 | 4,672 |
| Beginning of period | 4,522 | -2,620 | 4,615 | - |
| End of period | 17,337 | -2,713 | 7,235 | - |
Flowco Holdings Inc. (FLOC)
Flowco Holdings Inc. (FLOC)