v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 19,189 $ 4,522
Accounts receivable, net of allowances for credit losses of $1,325 and $1,079, respectively (Note 9) 145,469 100,465
Inventory 186,334 149,590
Prepaid expenses and other current assets 19,676 5,615
Total current assets 370,668 260,192
Property, plant and equipment, net 863,028 797,534
Operating lease right-of-use assets 21,323 17,556
Finance lease right-of-use assets 24,517 25,861
Intangible assets, net (Note 8) 306,472 273,437
Goodwill (Note 8) 305,155 249,692
Deferred tax asset, net 27,091 16,692
Other assets 4,756 5,387
Total assets 1,923,010 1,646,351
Current liabilities:    
Accounts payable 45,285 22,827
Accrued expenses 49,438 26,909
Current portion of tax receivable agreement liability 3,500 0
Current portion of operating lease obligations 8,582 8,004
Current portion of finance lease obligations 13,044 12,895
Deferred revenue 18,914 7,376
Total current liabilities 138,763 78,011
Long-term liabilities:    
Long-term debt, net 298,407 167,819
Tax receivable agreement liability 104,650 21,952
Operating lease obligations, net of current portion 12,957 9,783
Finance lease obligations, net of current portion 9,151 10,862
Total long-term liabilities 425,165 210,416
Total liabilities 563,928 288,427
Commitments and contingencies (Note 16)
Redeemable non-controlling interests 993,935 1,129,298
Stockholders' equity:    
Additional paid-in capital 340,198 40,731
Retained earnings 24,940 187,886
Total stockholders' equity to Flowco Holdings Inc. 365,147 228,626
Total liabilities, redeemable non-controlling interests and stockholders' equity 1,923,010 1,646,351
Class A Common Stock    
Stockholders' equity:    
Common Stock 4 3
Class B Common Stock    
Stockholders' equity:    
Common Stock $ 5 $ 6