Mammoth Energy Services, Inc. income statement
In fiscal 2025, Mammoth Energy Services, Inc. reported revenue of $44.3m, down 2.9% on the year before, operating income of −$57.4m (a -129.7% margin) and net income of $4.6m, or $0.10 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 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 260 | 368 | 231 | 691 | 1,690 | 625 | 313 | 229 | 362 | 309 | 46 | 44 | 79 |
| Cost of revenue | 191 | 275 | 173 | 483 | 1,094 | 544 | 232 | 198 | 279 | 248 | — | — | — |
| Gross profit | 68 | 93 | 58 | 209 | 596 | 81 | 81 | 31 | 83 | 62 | — | — | — |
| Selling, general and administrative | 14 | 21 | 17 | 48 | 71 | 50 | 66 | 78 | 40 | 37 | 114 | 20 | 18 |
| Operating income | 16 | −16 | −35 | 63 | 394 | −128 | −149 | −123 | −16 | −17 | −120 | −57 | −8 |
| Interest expense | 5 | 5 | 4 | 4 | 3 | 5 | 5 | 6 | 12 | — | — | — | — |
| Income before tax | 6 | −23 | −39 | 62 | 389 | −91 | −120 | −124 | 13 | 9 | −194 | −60 | −3 |
| Income tax | 8 | −2 | 54 | 3 | 153 | −12 | −12 | −23 | 14 | 12 | −11 | 4 | 5 |
| Net income | −2 | −22 | −92 | 59 | 236 | −79 | −108 | −101 | −1 | −3 | −207 | 5 | 13 |
| Diluted EPS | −$0.10 | −$0.73 | −$2.94 | $1.42 | $5.24 | −$1.76 | −$2.36 | −$2.18 | −$0.01 | −$0.07 | −$4.31 | $0.10 | $0.28 |
| Diluted shares (average) | 21m | 30m | 32m | 42m | 45m | 45m | 46m | 46m | 47m | 48m | 48m | 48m | 48m |
| EBITDA | 51 | 59 | 38 | 155 | 502 | −16 | −55 | −47 | 44 | 24 | −110 | −49 | 7 |
| 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 | −3 | 12 | 12 | 11 | 9 | 22 | 26 | 21 |
| Selling, general and administrative | 6 | 4 | 5 | 5 | 6 | 4 | 4 | 4 |
| Operating income | −9 | −1 | −37 | −9 | −10 | −1 | 3 | −0 |
| Income before tax | −10 | −1 | −37 | −11 | −10 | 6 | 1 | 0 |
| Income tax | 1 | 1 | −1 | 2 | 2 | 1 | 2 | 0 |
| Net income | −15 | −1 | 9 | −13 | 9 | 5 | −1 | 0 |
| Diluted EPS | −$0.32 | −$0.01 | $0.18 | −$0.26 | $0.19 | $0.11 | −$0.01 | $0.01 |
| EBITDA | −7 | 1 | −35 | −7 | −7 | 3 | 7 | 5 |
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