Flowco (FLOC) investor relations material

Executive summary

• Achieved strong Q2 2026 results with revenues of $235.9 million, adjusted EBITDA of $93.9 million (margin 39.8%), and robust free cash flow, driven by strong execution, Valiant acquisition, and customer demand.

• Revenue increased 22% year-over-year and 13% sequentially, with growth in production solutions and rental revenue; Valiant integration substantially complete with early cross-selling wins.

• Net income for Q2 2026 was $30.9 million, up from $27.4 million in Q1 2026 and $5.5 million in Q2 2025.

• Board approved a $0.14 per share special dividend and a $0.09 regular quarterly dividend for Class A shareholders.

• Focused on production optimization, artificial lift, and emissions management for the oil and gas industry.

Financial highlights

• Total Q2 2026 revenue was $235.9 million, up 22% year-over-year and 13% sequentially; adjusted EBITDA was $93.9 million, up from $76.5 million in Q2 2025.

• Production Solutions segment revenue was $170.9 million; Natural Gas Technologies $65.0 million.

• Free cash flow for Q2 2026 was $49.8 million, with net cash from operating activities at $95.2 million.

• Cash and cash equivalents at June 30, 2026 were $19.2 million; total assets reached $1.92 billion.

• Interest expense declined 13% year-over-year for Q2 2026.

Outlook and guidance

• Q3 Adjusted EBITDA guidance is $92 million–$98 million, reflecting ongoing cost pressures and variability in downhole components.

• Management expects continued strong demand in North America, supported by technology differentiation and recurring cash flow.

• Sufficient liquidity and cash flow expected to support operations and capital needs for at least the next 12 months.