Filing Flows › ProPetro Holding (PUMP) › Q1 2025
ProPetro Holding (PUMP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
ProPetro Holding (PUMP) reported revenue of $359M for the first quarter 2025 (Q1 2025), -11% from a year earlier and +12% from the quarter before. Operating margin was 2.6%, net earnings $9.6M (2.7% of revenue).
ProPetro Holding, Q1 2025: revenue $359M (-11% year over year), operating margin 2.6%, net earnings $9.6M, operating cash flow $54.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $359M | +12% | -11% |
| Operating profit | $9.5M | — | -69% |
| Net earnings | $9.6M | — | -52% |
| Operating cash flow | $54.7M | +44% | -27% |
| Free cash flow | $13.8M | +38% | -66% |
What changed
Revenue was $359.4M in Q1 2025, down 11% year over year and up 12% from the previous quarter.
Operating profit was $9.5M, a 2.6% margin (down 4.8 points year over year). Total costs fell 7% while revenue fell 11%. Net earnings were $9.6M, down 52% year over year. The effective tax rate was 10.4%.
Operating cash flow was $54.7M (down 27% year over year), 570% of net earnings. Non-cash charges added back $48.7M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items used $6.9M. Capital expenditures of $40.9M left free cash flow of $13.8M.
Questions
What was ProPetro Holding's revenue in the first quarter 2025?
ProPetro Holding (PUMP) reported revenue of $359M for the first quarter 2025 (Q1 2025), -11% from a year earlier and +12% from the quarter before.
Was ProPetro Holding profitable in the first quarter 2025?
Operating profit was $9.5M (2.6% of revenue) and net earnings $9.6M.
Source: ProPetro Holding 10-Q on SEC EDGAR.