The financials
ProPetro Holding Corp. by the numbers
ProPetro Holding Corp. (PUMP) reported revenue of $271M in Q1 2026 (quarter ended March 31, 2026), down 25% from the same quarter a year earlier. That came with a gross margin of 22% and net loss of $3.6M. For the full year FY2025, revenue was $1.27B (−12% year on year) and net income $824K. Its largest segment in 2026-Q1 was Hydraulic Fracturing at $179M, 66% of the disclosed total, just ahead of Wireline Operating at 23%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $271M | $359M | −25% |
| Gross profit | $59M | $96M | −38% |
| Operating income | −$8.0M | $9.5M | to a loss |
| Net income | −$3.6M | $9.6M | to a loss |
| Diluted EPS | −$0.03 | $0.09 | to a loss |
| Operating | Revenue | Share |
|---|---|---|
| Hydraulic Fracturing | $179M | 66% |
| Wireline Operating | $62M | 23% |
| Cementing Operating | $28M | 10% |
| Power Generation | $2.2M | 0.8% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $271.1M (-7.8%)
Wireline Operating grew +16% year on yearHydraulic Fracturing -33% year on year
Segment Latestquarter on quarteryear on year
- Hydraulic Fracturing$179.3M$179.3MQoQ -15%year on year -33%-15%-33%
- Wireline Operating$61.8M$61.8MQoQ +18%year on year +16%+18%+16%
- Cementing Operating$27.8M$27.8MQoQ -12%year on year -24%-12%-24%
- Power Generation$2.2M$2.2MQoQ +1310%year on year -+1310%-
- Corporate And Other--QoQ -year on year ---
Oil & Gas Equipment & Services
Ranks #9 of 27 by Smart Score