Propetro Holding Corp. income statement
In fiscal 2025, Propetro Holding Corp. reported revenue of $1.27bn, down 12.1% on the year before, operating income of $6.3m (a 0.5% margin) and net income of $824,000, or $0.01 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 437 | 982 | 1,705 | 2,052 | 789 | 875 | 1,280 | 1,630 | 1,444 | 1,269 | 1,222 |
| General and administrative | 27 | 49 | 54 | 105 | 87 | 83 | 112 | 114 | 114 | 108 | 120 |
| Operating income | −67 | 24 | 233 | 221 | −131 | −69 | −3 | 130 | −167 | 6 | 6 |
| Interest expense | 20 | 7 | 7 | 7 | 2 | 1 | 2 | 5 | 8 | 8 | 13 |
| Income before tax | −81 | 16 | 225 | 214 | −135 | −68 | 7 | 116 | −169 | 8 | 5 |
| Income tax | −28 | 3 | 51 | 50 | −27 | −14 | 5 | 30 | −31 | 7 | 3 |
| Net income | −53 | 13 | 174 | 163 | −107 | −54 | 2 | 86 | −138 | 1 | 2 |
| Diluted EPS | −$1.19 | $0.16 | $2.00 | $1.57 | −$1.06 | −$0.53 | $0.02 | $0.76 | −$1.31 | $0.01 | $0.02 |
| Diluted shares (average) | 45m | 80m | 87m | 104m | 101m | 103m | 107m | 113m | 105m | 105m | 126m |
| EBITDA | −24 | 80 | 321 | 367 | 22 | 65 | 126 | 350 | 57 | 181 | 176 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 321 | 359 | 326 | 294 | 290 | 271 | 306 | 355 |
| Selling, general and administrative | — | — | 28 | 22 | — | — | 33 | 31 |
| General and administrative | 29 | 28 | — | — | 29 | 27 | — | — |
| Operating income | −18 | 10 | −3 | −6 | 6 | −8 | −3 | 11 |
| Interest expense | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 |
| Income before tax | −20 | 11 | −5 | −3 | 5 | −9 | −2 | 12 |
| Income tax | −3 | 1 | 2 | −1 | 4 | −6 | 6 | −1 |
| Net income | −17 | 10 | −7 | −2 | 1 | −4 | −8 | 13 |
| Diluted EPS | −$0.17 | $0.09 | −$0.07 | −$0.02 | $0.01 | −$0.03 | −$0.07 | $0.09 |
| EBITDA | 42 | 58 | 40 | 36 | 47 | 33 | 40 | 55 |
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