ProPetro Holding Corp.PUMPEarnings & Financial Report
ProPetro Holding Corp. is a leading U.S.-based oilfield services provider. It offers hydraulic fracturing, well completion and related supporting services primarily to onshore oil and gas exploration and production operators, with core operations concentrated in the Permian Basin spanning Texas and New Mexico.
Revenue
$360.9M
Gross Profit
N/A
Operating Profit
$-178.3M
Net Profit
$-137.1M
Gross Margin
N/A
Operating Margin
-49.4%
Net Margin
-38.0%
YoY Growth
-14.9%
EPS
$-1.32
ProPetro Holding Corp. Q3 FY2024 Financial Summary
ProPetro Holding Corp. reported revenue of $360.9M (down 14.9% YoY) for Q3 FY2024, with a net profit of $-137.1M (down 494.4% YoY) (-38.0% margin).
Key Financial Metrics
| Total Revenue | $360.9M |
|---|---|
| Net Profit | $-137.1M |
| Gross Margin | N/A |
| Operating Margin | -49.4% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
ProPetro Holding Corp. Q3 FY2024 revenue of $360.9M breaks down across 4 segments, led by Hydraulic Fracturing Segment at $274.1M (76.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Hydraulic Fracturing Segment | $274.1M | 76.0% |
| Wireline Operating Segment | $48.0M | 13.3% |
| Other | $20.1M | 5.6% |
| Aqua Prop LLC. | $18.7M | 5.2% |
ProPetro Holding Corp. Revenue by Segment — Quarterly Trend
ProPetro Holding Corp. revenue by segment across the last 4 reported quarters, showing how each business line (such as Hydraulic Fracturing Segment and Wireline Operating Segment) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Hydraulic Fracturing Segment | $203.9M | $210.2M | $245.7M | $269.4M |
| Wireline Operating Segment | $55.4M | $52.2M | $48.0M | $53.4M |
ProPetro Holding Corp. Annual Revenue by Year
ProPetro Holding Corp. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.3B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.3B |
| 2024 | $1.4B |
| 2023 | $1.6B |
| 2022 | $1.3B |
ProPetro Holding Corp. Quarterly Revenue & Net Profit History
ProPetro Holding Corp. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $289.7M | -9.6% | N/A | N/A |
| Q3 FY2025 | $293.9M | -18.6% | $-2.4M | -0.8% |
| Q2 FY2025 | $326.2M | -8.6% | $-7.2M | -2.2% |
| Q1 FY2025 | $359.4M | -11.4% | $9.6M | 2.7% |
| Q4 FY2024 | $320.6M | -7.8% | N/A | N/A |
| Q3 FY2024 | $360.9M | -14.9% | $-137.1M | -38.0% |
| Q2 FY2024 | $357.0M | -18.0% | $-3.7M | -1.0% |
| Q1 FY2024 | $405.8M | -4.2% | $19.9M | 4.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $405.8M | $357.0M | $360.9M | $320.6M | $359.4M | $326.2M | $293.9M | $289.7M |
| YoY Growth | -4.2% | -18.0% | -14.9% | -7.8% | -11.4% | -8.6% | -18.6% | -9.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.22B | $1.51B | $1.28B | $1.22B | $1.25B | $1.23B | $1.28B | $1.29B |
| Liabilities | $536.1M | $536.5M | $447.3M | $407.4M | $419.7M | $405.2M | $453.4M | $461.0M |
| Equity | $998.2M | $975.8M | $833.0M | $816.3M | $826.5M | $824.0M | $826.2M | $829.8M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $74.8M | $104.9M | $34.7M | $37.9M | $54.7M | $54.2M | $41.7M | $81.0M |