FLOC

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EX-99.1

Exhibit 99.1

Flowco Holdings Inc. Reports Second Quarter 2026 Results

HOUSTON -- (BUSINESS WIRE) -- Flowco Holdings Inc. (NYSE: FLOC) (“Flowco” or the “Company”), a provider of production optimization, artificial lift and emissions management and monetization solutions for the oil and natural gas industry, today announced financial results for the second quarter ended June 30, 2026.

Key Second Quarter 2026 Highlights

• Revenues of $235.9 million, generating net income of $30.9 million and Adjusted Net Income1 of $34.3 million

• Adjusted EBITDA1 of $93.9 million

• Adjusted EBITDA Margin1 of 39.8%

• Net cash provided by operating activities of $95.2 million and Free Cash Flow1 of $49.8 million

• In July 2026, Flowco’s Board of Directors approved a quarterly cash dividend of $0.09 per share

• In August 2026, Flowco’s Board of Directors approved a special cash dividend of $0.14 per share payable to Class A common stockholders

• Robust liquidity with approximately $446 million of availability under our revolving credit facility as of August 7, 2026

Financial Summary

Three Months Ended

June 30, 2026

March 31, 2026

June 30, 2025

(in thousands)

Revenues

$

235,859

$

209,530

$

193,215

Net income

30,944

27,454

27,352

Adjusted Net Income (1)

34,267

35,661

32,998

Adjusted EBITDA (1)

93,884

85,534

76,488

Adjusted EBITDA Margin (1)

39.8

%

40.8

%

39.6

%

(1) Adjusted Net Income, Adjusted EBITDA, Adjusted EBITDA Margin, and Free Cash Flow are non-GAAP financial measures. See definitions of these measures and the reconciliation of GAAP to non-GAAP financial measures outlined in the reconciliation tables accompanying this press release.

Joe Bob Edwards, President and CEO, commented, “Flowco delivered solid second quarter results within our original guidance range, reflecting the resilience of our differentiated production optimization business and continued focus across the organization. Strong customer demand for our solutions, combined with disciplined execution, enabled us to offset the impact of cost headwinds during the quarter and generate approximately $50 million of free cash flow.

Valiant has exceeded our expectations, and we are encouraged by both its financial performance and the opportunities to further enhance our production optimization platform through cross-selling, technology integration and deeper customer relationships.

We continue to benefit from our North American positioning, where we are seeing consistent customer demand driven by operators' focus on maximizing production, improving operating efficiency and generating attractive returns from existing assets. Against this backdrop, we believe our differentiated technology portfolio, recurring cash flow generation and strong balance sheet position us well to deliver long-term value for our shareholders.”

Segment Information

We report our results in two segments, Production Solutions and Natural Gas Technologies. Production Solutions includes the rental, sale and service associated with high pressure gas lift, electric submersible pumps (ESP), conventional gas lift and plunger lift, including a range of digital solutions and other production-related technologies.

Natural Gas Technologies includes the design, manufacture, rental and sale of vapor recovery and natural gas systems. Corporate costs not directly related to either segment are categorized separately.

Segment Financial Information

Three Months Ended

June 30, 2026

March 31, 2026

June 30, 2025

(in thousands)

Production Solutions

Revenues

$

170,878

$

140,163

$

128,245

Adjusted Segment EBITDA (1)

71,019

61,469

53,343

Adjusted Segment EBITDA Margin (1)

41.6%

43.9%

41.6%

Natural Gas Technologies

Revenues

$

64,981

$

69,367

$

64,970

Adjusted Segment EBITDA (1)

27,759

29,665

27,397

Adjusted Segment EBITDA Margin (1)

42.7%

42.8%

42.2%

Corporate

Adjusted Segment EBITDA (1)

$

(4,894)

$

(5,600)

$

(4,252)

Adjusted Segment EBITDA Margin (1)

nm

nm

nm

Total

Revenues

$

235,859

$

209,530

$

193,215

Adjusted EBITDA (1)

93,884

85,534

76,488

Adjusted EBITDA Margin (1)

39.8%

40.8%

39.6%

(1) Adjusted Segment EBITDA and Adjusted Segment EBITDA Margin are non-GAAP financial measures. See definitions of these measures and the reconciliation of GAAP to non-GAAP financial measures outlined in the reconciliation tables accompanying this release.

Production Solutions

Second quarter 2026 revenue and Adjusted Segment EBITDA for the Production Solutions segment increased 21.9% and 15.5%, respectively, from the first quarter of 2026, driven by higher Downhole Components revenue and Adjusted EBITDA (inclusive of two additional months of earnings contribution from Valiant, which added an ESP offering to our Production Solutions segment in March 2026). Adjusted Segment EBITDA margin decreased 229 basis points, primarily reflecting increased maintenance and operating costs at Su

EX-99.1

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EX-99.1

Exhibit 99.1

Flowco Holdings Inc. Reports First Quarter 2026 Results

HOUSTON -- (BUSINESS WIRE) -- Flowco Holdings Inc. (NYSE: FLOC) (“Flowco” or the “Company”), a provider of production optimization, artificial lift and emissions management and monetization solutions for the oil and natural gas industry, today announced financial results for the first quarter ended March 31, 2026.

Key First Quarter 2026 Highlights

• Revenues of $209.5 million, generating net income of $27.5 million and Adjusted Net Income1 of $35.7 million

• Adjusted EBITDA1 of $85.5 million

• Adjusted EBITDA Margin1 of 40.8%

• Net cash provided by operating activities of $78.7 million and Free Cash Flow1 of $52.3 million

• Returned $16.5 million of cash to shareholders through share repurchases

• In May 2026, Flowco’s Board of Directors approved a 12.5% increase to the quarterly cash dividend to $0.09 per share

• Robust liquidity with approximately $387.5 million of availability under our revolving credit facility as of May 1, 2026

• On March 2, 2026, Flowco closed on its previously announced acquisition of Valiant Artificial Lift Solutions LLC (“Valiant”)

Financial Summary

Three Months Ended

March 31, 2026

December 31, 2025

March 31, 2025

(in thousands)

Revenues

$

209,530

$

197,213

$

192,350

Net income

27,454

42,985

27,045

Adjusted Net Income (1)

35,661

45,734

32,769

Adjusted EBITDA (1)

85,534

83,545

74,901

Adjusted EBITDA Margin (1)

40.8

%

42.4

%

38.9

%

(1) Adjusted Net Income, Adjusted EBITDA, Adjusted EBITDA Margin, and Free Cash Flow are non-GAAP financial measures. See definitions of these measures and the reconciliation of GAAP to non-GAAP financial measures outlined in the reconciliation tables accompanying this press release.

Joe Bob Edwards, President and CEO, commented, “Flowco delivered a strong first quarter, generating meaningful free cash flow and Adjusted EBITDA growth, while sustaining industry-leading margins through disciplined execution across both operating segments.

During the quarter, we successfully closed our acquisition of Valiant Artificial Lift Solutions, and we believe the integration is progressing well. We are encouraged by the early alignment across the organization and our expanded ability to support customers across a broader range of artificial lift solutions throughout the life of the well.

As we look ahead, a growing global focus on energy security is reinforcing the need for reliable, diversified sources of supply and highlighting the role of U.S. oil and natural gas production. As a North American-focused business, we have remained insulated from recent international market disruptions and are well positioned as this environment supports incremental activity across the region. We expect this dynamic to drive continued demand for production optimization and artificial lift solutions, as operators remain disciplined while prioritizing efficiency gains from existing production. This outlook supports our anticipated earnings growth profile through the remainder of the year and our ability to drive long-term value for our shareholders.”

Segment Information

We report our results in two segments, Production Solutions and Natural Gas Technologies. Production Solutions includes the rental, sale and service associated with high pressure gas lift, electric submersible pump (ESP), conventional gas lift and plunger lift, including a range of digital solutions and other production-related technologies. Natural Gas Technologies includes the design, manufacture, rental and sale of vapor recovery and natural gas systems. Corporate costs not directly related to either segment are categorized separately.

Segment Financial Information

Three Months Ended

March 31, 2026

December 31, 2025

March 31, 2025

(in thousands)

Production Solutions

Revenues

$

140,163

$

127,442

$

115,992

Adjusted Segment EBITDA (1)

61,469

57,477

50,590

Adjusted Segment EBITDA Margin (1)

43.9%

45.1%

43.6%

Natural Gas Technologies

Revenues

$

69,367

$

69,771

$

76,358

Adjusted Segment EBITDA (1)

29,665

29,982

28,662

Adjusted Segment EBITDA Margin (1)

42.8%

43.0%

37.5%

Corporate

Adjusted Segment EBITDA (1)

$

(5,600)

$

(3,914)

$

(4,351)

Adjusted Segment EBITDA Margin (1)

nm

nm

nm

Total

Revenues

$

209,530

$

197,213

$

192,350

Adjusted Segment EBITDA (1)

85,534

83,545

74,901

Adjusted Segment EBITDA Margin (1)

40.8%

42.4%

38.9%

(1) Adjusted Segment EBITDA and Adjusted Segment EBITDA Margin are non-GAAP financial measures. See definitions of these measures and the reconciliation of GAAP to non-GAAP financial measures outlined in the reconciliation tables accompanying this release.

Production Solutions

First quarter 2026 revenue and Adjusted Segment EBITDA for the Production Solutions segment increased 10.0% and 6.9%, respectively, from the fourth quarter of 2025, driven by higher Surface Equipment reve

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EX-99.1

Exhibit 99.1

Flowco Holdings Inc. Reports Fourth Quarter and Full Year 2025 Results

HOUSTON -- (BUSINESS WIRE) -- Flowco Holdings Inc. (NYSE: FLOC) (“Flowco” or the “Company”), a provider of production optimization, artificial lift and emissions management and monetization solutions for the oil and natural gas industry, today announced financial results for the fourth quarter and full year ended December 31, 2025.

Where presented, the financial results for 2024 represent periods (i) during which Flowco’s operating subsidiary, Flowco MergeCo LLC (“Flowco LLC”), was a privately-owned limited liability company and (ii) prior to the completion of Flowco’s initial public offering in January 2025. Historical financial information for the periods ended in 2024 reflects information for Flowco LLC, and historical financial information presented prior to June 20, 2024 reflects only the historical financial information of Estis Compression LLC (“Estis”) as the accounting predecessor prior to the business combination of Estis, Flowco Production Solutions, LLC and Flogistix, LP and parent entities formed in connection with such business combination (the “2024 Business Combination”).

Key Fourth Quarter 2025 Highlights

• Revenues of $197.2 million, generating net income of $43.0 million and Adjusted Net Income1 of $45.7 million

• Adjusted EBITDA1 of $83.5 million

• Adjusted EBITDA Margin1 of 42.4%

• Net cash provided by operating activities of $87.2 million and Free Cash Flow1 of $63.2 million

• In January 2026, Flowco's Board of Directors declared a quarterly cash dividend of $0.08 per share

• Robust liquidity with approximately $579.6 million of availability under our revolving credit facility as of February 20, 2026

Financial Summary

Three Months Ended

Year Ended December 31,

December 31, 2025

September 30, 2025

December 31, 2024

2025

2024

(in thousands)

Revenues

$

197,213

$

176,941

$

185,993

$

759,719

$

535,278

Net income

42,985

34,273

22,336

131,655

80,249

Adjusted Net Income (1)

45,734

37,301

28,779

148,802

99,283

Adjusted EBITDA (1)

83,545

76,803

73,779

311,737

223,661

Adjusted EBITDA Margin (1)

42.4

%

43.4

%

39.7

%

41.0

%

41.8

%

(1) Adjusted Net Income, Adjusted EBITDA, Adjusted EBITDA Margin, and Free Cash Flow are non-GAAP financial measures. See definitions of these measures and the reconciliation of GAAP to non-GAAP financial measures outlined in the reconciliation tables accompanying this press release.

Joe Bob Edwards, President and CEO, commented, “Flowco ended the year with a strong fourth quarter, underscoring a year of consistent execution and differentiated growth across both of our operating segments in a market environment that remained dynamic and at times uncertain. U.S. oil and natural gas production reached record levels during the year, driven in part by operators’ continued focus on maximizing recovery and optimizing existing wells — a trend that directly aligns with Flowco’s production optimization platform.

In the fourth quarter, we maintained our industry-leading margins as anticipated sales growth complemented the strength of our resilient, high-margin rental portfolio. In the fourth quarter and throughout the year, we generated meaningful free cash flow, enabling us to reduce leverage to levels below where we stood prior to our asset transaction in August. This performance reflects the durability of our financial model and our continued focus on disciplined capital allocation.

Subsequent to quarter-end, we announced our agreement to acquire Valiant Artificial Lift Solutions, expanding our artificial lift capabilities and strengthening our ability to deliver the right solution for our customers in each well, every time. The transaction remains subject to customary regulatory approvals, and we expect it to close in the first week of March.

We believe this transaction meaningfully expands our addressable market and strengthens our ability to support customers earlier in a well’s producing life and throughout the well lifecycle. As we integrate the business in 2026, we are confident in our ability to drive incremental growth and long-term value while continuing to advance Flowco’s broader production optimization strategy.”

Segment Information

We report our results in two segments, Production Solutions and Natural Gas Technologies. Production Solutions includes the rental, sale and service associated with high pressure gas lift, conventional gas lift and plunger lift, including a range of digital solutions and other production related technologies. Natural Gas Technologies includes the design, manufacture, rental and sale of vapor recovery and natural gas systems. Corporate costs not directly related to either segment are categorized separately.

Segment Financial Information

Three Months Ended

Year Ended December 31,

December 31, 2025

September 30, 2025

December 31, 2024

2025

20

EX-99.1

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EX-99.1

Exhibit 99.1

Flowco Holdings Inc. Reports Second Quarter 2025 Results

HOUSTON -- (BUSINESS WIRE) -- Flowco Holdings Inc. (NYSE: FLOC) (“Flowco” or the “Company”), a provider of production optimization, artificial lift and methane abatement solutions for the oil and natural gas industry, today announced financial results for the second quarter ended June 30, 2025.

Where presented, the financial results for 2024 represent periods (i) during which Flowco’s operating subsidiary, Flowco MergeCo LLC (“Flowco LLC”), was a privately-owned limited liability company and (ii) prior to the completion of Flowco’s initial public offering in January 2025. Historical financial information for the periods ended in 2024 reflects information for Flowco LLC, and historical financial information presented prior to June 20, 2024 reflects only the historical financial information of Estis Compression LLC (“Estis”) as the accounting predecessor prior to the business combination of Estis, Flowco Production Solutions, LLC and Flogistix, LP and parent entities formed in connection with such business combination (the “2024 Business Combination”).

Key Second Quarter 2025 Highlights

• Revenues of $193.2 million, generating net income of $27.4 million and Adjusted Net Income1 of $33.0 million

• Adjusted EBITDA1 of $76.5 million

• Adjusted EBITDA Margin1 of 39.6%

• In August 2025, Flowco's Board of Directors declared a quarterly cash dividend of $0.08 per share

• Robust liquidity with approximately $496.5 million of availability under our revolving credit facility as of August 1, 2025, inclusive of the approximately $71 million drawn to fund the strategic asset acquisition from Archrock

Financial Summary

Three Months Ended

June 30, 2025

March 31, 2025

June 30, 2024

(in thousands)

Revenues

$

193,215

$

192,350

$

93,208

Net income

27,352

27,045

20,082

Adjusted Net Income (1)

32,998

32,769

20,348

Adjusted EBITDA (1)

76,488

74,901

40,236

Adjusted EBITDA Margin (1)

39.6

%

38.9

%

43.2

%

(1) Adjusted Net Income, Adjusted EBITDA, and Adjusted EBITDA Margin are non-GAAP financial measures. See definitions of these measures and the reconciliation of GAAP to non-GAAP financial measures outlined in the reconciliation tables accompanying this press release.

Joe Bob Edwards, President and CEO, commented, “Flowco delivered strong second-quarter results, with sequential improvements in both Adjusted EBITDA and Adjusted EBITDA Margins, while generating robust free cash flow. These results emphasize our differentiated financial profile and the disciplined operational execution of our business segments. Growth in our high-margin rental divisions was a key driver, supported by increased customer adoption and strategic investments in our rental fleet. On August 4th, we announced the completion of the acquisition of 155 High Pressure Gas Lift and Vapor Recovery systems from Archrock. We believe these assets will accelerate the growth of our high-margin rental businesses, increase our fleet of electric motor drive systems, and strengthen relationships with both new and existing customers.

Despite global uncertainties and volatility in the second quarter, the upstream market continued to demonstrate resilience, supported by targeted investment. However, even with recent oil price stability, operators are further moderating activity levels as they seek to maintain capital discipline. As our customers assess the market outlook, we’re seeing a continued emphasis on production optimization to maximize asset value and sustain volumes—driving steady demand for our solutions that enhance efficiency, reliability, and recovery. This trend has supported our incremental growth in a flat production environment.

As we move into the second half of the year, we remain focused on disciplined execution, operational optimization, and high-return investments. We believe Flowco is strategically positioned to succeed in today’s evolving energy landscape—delivering innovation, operational performance, and strong returns for our customers and shareholders.”

Segment Information

We report our results in two segments, Production Solutions and Natural Gas Technologies. Production Solutions includes the rental, sale and service associated with high pressure gas lift, conventional gas lift and plunger lift, including a range of digital solutions and other production related technologies. Natural Gas Technologies includes the design, manufacture, rental and sale of vapor recovery and natural gas systems. Corporate costs not directly related to either segment are categorized separately.

Segment Financial Information

Three Months Ended

June 30, 2025

March 31, 2025

June 30, 2024

(in thousands)

Production Solutions

Revenues

$

128,245

$

115,992

$

56,626

Adjusted Segment EBITDA (1)

53,343

50,590

32,684

Adjusted Segment EBITDA Margin (1)

41.6

%

43.6

%

57.7

%

Natural Gas Technologies

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EX-99.1

EX-99.1

Exhibit 99.1

Flowco Holdings Inc. Reports First Quarter 2025 Results

HOUSTON -- (BUSINESS WIRE) -- Flowco Holdings Inc. (NYSE: FLOC) (“Flowco” or the “Company”), a provider of production optimization, artificial lift and methane abatement solutions for the oil and natural gas industry, today announced financial results for the first quarter ended March 31, 2025.

Where presented, the financial results for 2024 represent periods (i) during which Flowco’s operating subsidiary, Flowco MergeCo LLC (“Flowco LLC”), was a privately-owned limited liability company and (ii) prior to the completion of Flowco’s initial public offering in January 2025. Historical financial information for the periods ended in 2024 reflects information for Flowco LLC, and historical financial information presented prior to June 20, 2024 reflects only the historical financial information of Estis Compression LLC (“Estis”) as the accounting predecessor prior to the business combination of Estis, Flowco Production Solutions, L.L.C. (“FPS”) and Flogistix, LP (“Flogistix”) and parent entities formed in connection with such business combination (the “2024 Business Combination”).

Key First Quarter 2025 Highlights

• Revenues of $192.4 million, generating net income of $27.0 million and Adjusted Net Income1 of $32.8 million

• Adjusted EBITDA1 of $74.9 million

• Adjusted EBITDA Margin1 of 38.9%

• In May 2025, Flowco's Board of Directors declared a quarterly cash dividend of $0.08 per share

• Robust balance sheet with $547.4 million of availability under our revolving credit facility as of May 9, 2025

Financial Summary

Three Months Ended

March 31, 2025

December 31, 2024

March 31, 2024

(in thousands)

Revenues

$

192,350

$

185,993

$

66,712

Net income

27,045

22,336

17,185

Adjusted Net Income (1)

32,769

28,779

17,574

Adjusted EBITDA (1)

74,901

73,779

34,226

Adjusted EBITDA Margin (1)

38.9

%

39.7

%

51.3

%

(1) Adjusted Net Income, Adjusted EBITDA, and Adjusted EBITDA Margin are non-GAAP financial measures. See definitions of these measures and the reconciliation of GAAP to non-GAAP financial measures outlined in the reconciliation tables accompanying this press release.

Joe Bob Edwards, President and CEO, commented, “Flowco delivered solid first-quarter results, underscoring the resilience of our business and the strength of both our Production Solutions and Natural Gas Technologies operating segments. We believe our differentiated portfolio of products, technology and services continues to position us as a partner of choice for customers, while supporting our financial performance through dynamic markets.

Over the past several weeks, the U.S. upstream outlook has been challenged by evolving tariff policies, OPEC+ commentary suggesting accelerated production, and broader economic uncertainty. At current

commodity price levels, many of our customers have announced plans to modestly reduce capital spending, but most have reiterated or only slightly reduced their production expectations. Importantly, operators have also emphasized their commitment to generating cash flow through the cycle. Flowco’s strategic focus on production optimization and our integral role in a critical path of our customers’ operations uniquely positions us to deliver value, as we work alongside operators to drive greater performance through this dynamic market backdrop.

We remain confident in our ability to generate growth year over year, even in a flat production environment. We continue to invest growth capital in our High Pressure Gas Lift and Vapor Recovery offerings, which are experiencing strong demand driven by broader customer adoption. Under the current tariff environment, we believe our High Pressure Gas Lift solution offers a cost-effective alternative to certain other competing technologies that may be negatively impacted by tariffs. Thanks to our vertically integrated manufacturing footprint and domestic supply chain, we believe our exposure to similar tariff-related cost pressures remains limited.

Although we expect ongoing market volatility, our strategic positioning, innovative solutions and capital discipline give us confidence in our ability to navigate the current uncertainties and evolving market landscape while delivering attractive returns on capital employed.”

Segment Information

We report our results in two segments, Production Solutions and Natural Gas Technologies. Production Solutions includes the rental, sale and service associated with high pressure gas lift, conventional gas lift and plunger lift, including a range of digital solutions and other production related technologies. Natural Gas Technologies includes the design, manufacture, rental and sale of vapor recovery and natural gas systems. Corporate costs not directly related to either segment are categorized separately.

Segment Financial Information

Three Months Ended

March 31, 2025

December 31, 2024

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EX-99.1

Exhibit 99.1

Flowco Holdings Inc. Reports Fourth Quarter and Full Year 2024 Results

HOUSTON -- (BUSINESS WIRE) -- Flowco Holdings Inc. (NYSE: FLOC) (“Flowco” or the “Company”), a provider of production optimization, artificial lift and methane abatement solutions for the oil and natural gas industry, today announced financial results for the fourth quarter and full year ended December 31, 2024.

The financial results for 2024 and 2023 represent periods (i) during which Flowco’s operating subsidiary, Flowco MergeCo LLC (“Flowco LLC”), was a privately-owned limited liability company and (ii) prior to Flowco’s initial public offering in January 2025. Historical financial information for the year ended 2024 reflects information for Flowco LLC, and historical financial information presented prior to June 20, 2024 reflects only the historical financial information of Estis Compression LLC (“Estis”) as the accounting predecessor prior to the business combination of Estis, Flowco Production Solutions, L.L.C. (“FPS”) and Flogistix, LP (“Flogistix”)

and parent entities formed in connection with such business combination (the “2024 Business Combination”). For pro forma financial information for the nine-month period ended September 30, 2024, refer to page 25 of the Company’s final Prospectus dated January 15, 2025 filed with the U.S. Securities and Exchange Commission (“SEC”) on January 16, 2025 (the “Final Prospectus”).

Key Company Highlights

• On January 15, 2025, Flowco consummated an initial public offering of 20.47 million shares (including exercise in full of underwriters' option of 2.67 million shares)

• During January 2025, Flowco utilized IPO net proceeds of $461.8 million primarily to pay down borrowings on our revolving credit facility (“Revolving Credit Facility”)

• Invested materially in surface equipment and vapor recovery rental fleet, increasing active systems based on growing customer demand

• Demonstrated continued innovation including deployment of first electric multi-well high pressure gas lift ("HPGL") unit (the “eGrizzly”) and grew sales of recently commercialized SurgeFlow plunger lift lubricator and the VRX modular vapor recovery unit

Key Financial Highlights

• Pro forma revenues of $733.3 million in 2024, up 10% compared to $665.3 million in 20231

• Fourth quarter 2024 revenue of $186.0 million, generating net income of $22.3 million and Adjusted Net Income2 of $28.8 million

• Fourth quarter 2024 Adjusted EBITDA2 of $73.8 million

• Fourth quarter 2024 Adjusted EBITDA Margin2 of 39.7%

Financial Summary

Three Months Ended

Year Ended December 31,

December 31, 2024

September 30, 2024

December 31, 2023

2024

2023

(in thousands)

Revenues

$

185,993

$

189,365

$

75,462

$

535,278

$

243,323

Net income

22,336

20,646

18,061

80,249

58,089

Adjusted Net Income (2)

28,779

31,179

18,484

99,283

59,344

Adjusted EBITDA (2)

73,779

74,036

34,513

223,661

122,501

Adjusted EBITDA Margin (2)

39.7

%

39.1

%

45.7

%

41.8

%

50.3

%

(1) Pro forma 2024 revenue has been derived from the application of pro forma adjustments to the historical consolidated financial statements of Flowco LLC, as the predecessor of Flowco, and the historical consolidated financial statements of Estis, FPS and Flogistix, as predecessor or significant acquirees.

(2) Adjusted Net Income, Adjusted EBITDA, and Adjusted EBITDA Margin are non-GAAP financial measures. See definitions of these measures and the reconciliation of GAAP to non-GAAP financial measures outlined in the reconciliation tables accompanying this press release.

Pro Forma Financial Summary

Year Ended December 31,

2024

2023

(in thousands)

Net revenues (1)

$

733,259

$

665,311

(1) Pro forma 2024 revenue has been derived from the application of pro forma adjustments to the historical consolidated financial statements of Flowco LLC, as the predecessor of Flowco, and the historical consolidated financial statements of Estis, FPS and Flogistix, as predecessor or significant acquirees.

Joe Bob Edwards, President and CEO, commented, “Today is the beginning of an exciting new chapter for Flowco as we report our first earnings as a publicly traded company following our successful IPO in January. Thanks to the hard work and persistent efforts of the team that has built this business over the last decade, we feel we are well positioned to continue executing on our growth strategy while delivering industry-leading returns.

2024 was a transformational year for Flowco. Our year-over-year revenue and EBITDA growth underscores our ability to grow in an industry where our customers are continuously focused on production and capital efficiency. Our top quartile EBITDA margins illustrate the differentiation of our products, equipment, and technology, which enable our customers to produce oil and natural gas more efficiently while reducing downtime. We are also differentiated by our vertic