v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 17,337 $ 4,522
Accounts receivable, net of allowances for credit losses of $1,284 and $1,079, respectively (Note 9) 146,068 100,465
Inventory 185,972 149,590
Prepaid expenses and other current assets 6,248 5,615
Total current assets 355,625 260,192
Property, plant and equipment, net 853,862 797,534
Operating lease right-of-use assets 16,871 17,556
Finance lease right-of-use assets 25,098 25,861
Intangible assets, net (Note 8) 315,992 273,437
Goodwill (Note 8) 305,248 249,692
Deferred tax asset, net 20,046 16,692
Other assets 5,092 5,387
Total assets 1,897,834 1,646,351
Current liabilities:    
Accounts payable 45,221 22,827
Accrued expenses 31,658 26,909
Current portion of operating lease obligations 8,354 8,004
Current portion of finance lease obligations 13,010 12,895
Deferred revenue 16,732 7,376
Total current liabilities 114,975 78,011
Long-term liabilities:    
Long-term debt, net 327,991 167,819
Tax receivable agreement liability 92,437 21,952
Operating lease obligations, net of current portion 8,733 9,783
Finance lease obligations, net of current portion 9,851 10,862
Total long-term liabilities 439,012 210,416
Total liabilities 553,987 288,427
Commitments and contingencies (Note 16)
Redeemable non-controlling interests 1,007,625 1,129,298
Stockholders' equity:    
Additional paid-in capital 336,213 69,279
Retained earnings 0 159,338
Total stockholders' equity to Flowco Holdings Inc. 336,222 228,626
Total liabilities, redeemable non-controlling interests and stockholders' equity 1,897,834 1,646,351
Class A Common Stock    
Stockholders' equity:    
Common Stock 4 3
Class B Common Stock    
Stockholders' equity:    
Common Stock $ 5 $ 6