ProPetro Holding Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,269	1,444	1,630	1,280	874.51
Revenue Growth (YoY)	-12.13%	-11.42%	27.41%	46.33%	10.81%
Cost of Revenue	968.18	1,066	1,132	882.82	662.27
Gross Profit	300.98	378.77	498.6	396.88	212.25
Selling, General & Admin	104.89	110.22	109.09	112.57	89.39
Operating Expenses	279.78	334.33	328.7	240.68	222.77
Operating Income	21.2	44.45	169.9	156.2	-10.52
Interest Expense	-8.24	-7.82	-5.31	-1.61	-0.61
Interest & Investment Income	1.2	-	-	-	-
Other Non Operating Income (Expenses)	4.35	3.43	0.41	13.15	0.87
EBT Excluding Unusual Items	18.52	40.06	165	167.75	-10.26
Merger & Restructuring Charges	-	-	-	-	-0.63
Impairment of Goodwill	-	-23.62	-	-	-
Gain (Loss) on Sale of Investments	2.36	0.11	-9.94	-1.57	-
Gain (Loss) on Sale of Assets	-12.18	4.93	-34.29	-102.15	-64.65
Asset Writedown	-	-188.6	-	-57.45	-
Legal Settlements	0.3	-	-	-	-
Other Unusual Items	-2.97	-4.11	-5.27	-9.59	-2.7
Pretax Income	7.82	-169.24	115.5	7.39	-68.44
Income Tax Expense	7	-31.39	29.87	5.36	-14.25
Net Income	0.82	-137.86	85.63	2.03	-54.19
Net Income to Common	0.82	-137.86	85.63	2.03	-54.19
Net Income Growth	-	-	4118.42%	-	-
Shares Outstanding (Basic)	104	105	113	106	103
Shares Outstanding (Diluted)	105	105	113	107	103
Shares Change (YoY)	-0.07%	-7.01%	6.06%	4.17%	1.81%
EPS (Basic)	0.01	-1.31	0.76	0.02	-0.53
EPS (Diluted)	0.01	-1.31	0.76	0.02	-0.53
EPS Growth	-	-	3852.21%	-	-
Free Cash Flow	45.29	112	3.87	-19.25	11.19
Free Cash Flow Per Share	0.43	1.06	0.03	-0.18	0.11
Gross Margin	23.71%	26.23%	30.58%	31.01%	24.27%
Operating Margin	1.67%	3.08%	10.42%	12.21%	-1.20%
Profit Margin	0.07%	-9.54%	5.25%	0.16%	-6.20%
Free Cash Flow Margin	3.57%	7.75%	0.24%	-1.50%	1.28%
EBITDA	196.1	268.56	389.51	284.31	122.86
EBITDA Margin	15.45%	18.59%	23.89%	22.22%	14.05%
D&A For EBITDA	174.9	224.11	219.61	128.11	133.38
EBIT	21.2	44.45	169.9	156.2	-10.52
EBIT Margin	1.67%	3.08%	10.42%	12.21%	-1.20%
Effective Tax Rate	89.46%	-	25.86%	72.52%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.