The financials
ProPetro Holding Corp. by the numbers
ProPetro Holding Corp. (PUMP) reported revenue of $271M in Q1 2026 (quarter ended Mar 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 Jun 2026 was Hydraulic Fracturing at $207M, 68% of the disclosed total, well ahead of Wireline Operating at 19%.
| 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 | $207M | 68% |
| Wireline Operating | $58M | 19% |
| Cementing Operating | $32M | 10% |
| Power Generation | $9.3M | 3.0% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Jun 2026Total $306.1M (+13%)
Wireline Operating grew +20% year on yearHydraulic Fracturing -16% year on year
Segment Latestquarter on quarteryear on year
- Hydraulic Fracturing$207.2M$207.2MQoQ +16%year on year -16%+16%-16%
- Wireline Operating$57.5M$57.5MQoQ -6.9%year on year +20%-6.9%+20%
- Cementing Operating$32.0M$32.0MQoQ +15%year on year -1.3%+15%-1.3%
- Power Generation$9.3M$9.3MQoQ +321%year on year -+321%-
Oil & Gas Equipment & Services
Ranks #8 of 24 by Smart Score