Quarterly ResultMay 6, 2026, 06:18 AM
Flowco Q1 Revenue $209.5M; Adjusted EBITDA $85.5M; Dividend +12.5%
AI Summary
Flowco Holdings Inc. reported strong first-quarter 2026 financial results, with revenues increasing to $209.5 million and Adjusted EBITDA reaching $85.5 million. The company also announced a 12.5% increase in its quarterly cash dividend to $0.09 per share and successfully closed the acquisition of Valiant Artificial Lift Solutions LLC. These results were driven by disciplined execution and the integration of the recent acquisition, contributing to meaningful free cash flow and Adjusted EBITDA growth.
Key Highlights
- Q1 2026 Revenues increased to $209.5 million.
- Q1 2026 Adjusted EBITDA rose to $85.5 million.
- Board approved a 12.5% increase in quarterly cash dividend to $0.09 per share.
- Net income for Q1 2026 was $27.5 million.
- Generated $78.7 million in net cash from operating activities and $52.3 million in Free Cash Flow.
- Returned $16.5 million to shareholders through share repurchases.
- Closed the acquisition of Valiant Artificial Lift Solutions LLC on March 2, 2026.
- Production Solutions segment revenue increased to $140.2 million.