PUMP

MKT CAP:$2B

ProPetro Holding Corp.

Market Cap

$2B

Energy·Oil & Gas Equipment & Services·🇺🇸 United States·NYSE

Energy·Oil & Gas Equipment & Services·🇺🇸·NYSE

Stock Price

$16.83+$7.01 (+71.38%)

Apr 23, 2026

Company Details

ProPetro Holding Corp., an oilfield services company, provides hydraulic fracturing and other related services. The company operates through Pressure Pumping and All Other segments. It offers cementing, acidizing, and coiled tubing services...

CEO

Samuel D. Sledge

IPO Date

Mar 17, 2017

Website

www.propetroservices.com

Key Metrics TTM

Revenue

$1.3B

-12.1% YoY

Net Income

$824.0K

EPS (Diluted)

$0.01

Free Cash Flow

$43M

Revenue / Share

$11.93

Gross Margin

9.9%

Operating Margin

0.4%

Net Margin

0.1%

FCF Margin

3.4%

P/S

1.6x

P/E

2540.4x

Earnings Reports

Q1 2026

May 5, 2026

PENDING

FY 2025

Feb 19, 2026

$1.3B-12.1%EPS $0.01

Q4 2025

Feb 19, 2026

$290M-9.6%EPS $0.01

Q3 2025

Oct 30, 2025

$294M-18.6%EPS -$0.02

Q2 2025

Jul 31, 2025

$326M-8.6%EPS -$0.07

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$283M	$54M	$6M
Q2 22	$315M	$55M	-$40M
Q3 22	$333M	$67M	$14M
Q4 22	$349M	$106M	$18M
Q1 23	$424M	$105M	$41M
Q2 23	$435M	$96M	$52M
Q3 23	$424M	$86M	$45M
Q4 23	$348M	$63M	-$8M
Q1 24	$406M	$65M	$30M
Q2 24	$357M	$31M	-$533.0K
Q3 24	$361M	$39M	-$180M
Q4 24	$321M	$29M	-$17M
Q1 25	$359M	$47M	$10M
Q2 25	$326M	$30M	-$3M
Q3 25	$294M	$16M	-$6M
Q4 25	$290M	$34M	$5M

Valuation

Quarter	P/S	P/E
Q1 22	2.1x	—
Q2 22	1.9x	—
Q3 22	1.8x	—
Q4 22	1.6x	1030.7x
Q1 23	1.5x	110.5x
Q2 23	1.4x	23.0x
Q3 23	1.3x	18.1x
Q4 23	1.3x	24.4x
Q1 24	1.3x	27.2x
Q2 24	1.4x	61.7x
Q3 24	1.4x	—
Q4 24	1.4x	—
Q1 25	1.5x	—
Q2 25	1.5x	—
Q3 25	1.6x	—
Q4 25	1.6x	2540.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$25M	-$39M
Q2 22	$77M	-$3M
Q3 22	$72M	-$31M
Q4 22	$126M	$54M
Q1 23	$73M	-$42M
Q2 23	$114M	$5M
Q3 23	$118M	$21M
Q4 23	$70M	$20M
Q1 24	$75M	$40M
Q2 24	$105M	$68M
Q3 24	$35M	-$6M
Q4 24	$38M	$10M
Q1 25	$55M	$14M
Q2 25	$54M	$17M
Q3 25	$42M	-$2M
Q4 25	$79M	$15M

Capital Expenditures

Quarter	CapEx
Q1 22	$64M
Q2 22	$80M
Q3 22	$103M
Q4 22	$73M
Q1 23	$115M
Q2 23	$109M
Q3 23	$97M
Q4 23	$50M
Q1 24	$35M
Q2 24	$37M
Q3 24	$41M
Q4 24	$28M
Q1 25	$41M
Q2 25	$37M
Q3 25	$44M
Q4 25	$64M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+75.1%	+45.7%
Q2 22	+45.3%	+55.4%
Q3 22	+33.2%	+24.8%
Q4 22	+41.8%	+23.2%
Q1 23	+49.8%	+38.0%
Q2 23	+38.1%	+7.7%
Q3 23	+27.3%	+18.7%
Q4 23	-0.3%	+7.7%
Q1 24	-4.2%	-1.7%
Q2 24	-18.0%	-6.6%
Q3 24	-14.9%	+42.7%
Q4 24	-7.8%	-5.3%
Q1 25	-11.4%	-6.8%
Q2 25	-8.6%	-7.9%
Q3 25	-18.6%	-44.5%
Q4 25	-9.6%	-15.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$11M	4.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$0	0.0%
Q1 23	$4M	0.8%
Q2 23	$4M	0.9%
Q3 23	$3M	0.8%
Q4 23	$4M	1.1%
Q1 24	$4M	0.9%
Q2 24	$5M	1.3%
Q3 24	$5M	1.3%
Q4 24	$4M	1.3%
Q1 25	$3M	0.9%
Q2 25	$5M	1.5%
Q3 25	$5M	1.6%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	SG&A
Q1 22	$32M	—
Q2 22	$25M	—
Q3 22	$28M	—
Q4 22	$27M	—
Q1 23	$29M	—
Q2 23	$29M	—
Q3 23	$29M	—
Q4 23	$28M	—
Q1 24	$28M	—
Q2 24	$29M	—
Q3 24	$28M	—
Q4 24	$27M	—
Q1 25	$28M	—
Q2 25	$28M	—
Q3 25	$22M	—
Q4 25	—	$29M

Revenue Segments

Quarter	Corporate and Other	Pressure Pumping Segment	Completion Services
Q1 22	$6M	$277M	—
Q2 22	$6M	$309M	—
Q3 22	$2M	$331M	—
Q4 22	—	$349M	—
Q1 23	—	—	$424M
Q2 23	—	—	$435M
Q3 23	—	—	$424M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$71M	$0	$71M
Q2 22	$70M	$0	$70M
Q3 22	$43M	$9M	$52M
Q4 22	$89M	$10M	$99M
Q1 23	$45M	$6M	$51M
Q2 23	$50M	$6M	$56M
Q3 23	$54M	$8M	$62M
Q4 23	$33M	$8M	$41M
Q1 24	$46M	$7M	$54M
Q2 24	$67M	$8M	$75M
Q3 24	$47M	$7M	$54M
Q4 24	$50M	$8M	$58M
Q1 25	$63M	$8M	$71M
Q2 25	$75M	$8M	$83M
Q3 25	$67M	$10M	$77M
Q4 25	$91M	$0	$91M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	105M	+1.9%	+3.8%
Q2 22	104M	-1.1%	+1.8%
Q3 22	105M	+0.8%	+1.8%
Q4 22	112M	+6.6%	+8.3%
Q1 23	115M	+3.0%	+9.4%
Q2 23	115M	-0.5%	+10.1%
Q3 23	113M	-1.8%	+7.3%
Q4 23	110M	-2.2%	-1.6%
Q1 24	109M	-1.1%	-5.5%
Q2 24	106M	-2.5%	-7.4%
Q3 24	104M	-2.1%	-7.6%
Q4 24	103M	-1.1%	-6.5%
Q1 25	105M	+2.1%	-3.6%
Q2 25	104M	-1.2%	-2.3%
Q3 25	104M	+0.1%	-0.1%
Q4 25	106M	+2.3%	+3.3%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$188.5K	2K
Q2 22	$210.1K	2K
Q3 22	$222.0K	2K
Q4 22	$174.5K	2K
Q1 23	$211.8K	2K
Q2 23	$217.6K	2K
Q3 23	$211.9K	2K
Q4 23	$168.0K	2K
Q1 24	$196.1K	2K
Q2 24	$172.5K	2K
Q3 24	$174.3K	2K
Q4 24	$168.7K	2K
Q1 25	$189.2K	2K
Q2 25	$171.7K	2K
Q3 25	$154.7K	2K
Q4 25	$170.4K	2K

Revenue / Employee