Filing Flows › ProPetro Holding (PUMP) › Q1 2026
ProPetro Holding (PUMP) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
ProPetro Holding (PUMP) reported revenue of $271M for the first quarter 2026 (Q1 2026), -25% from a year earlier and -7% from the quarter before. Operating margin was -3.0%, net loss $3.6M (1.3% of revenue).
ProPetro Holding, Q1 2026: revenue $271M (-25% year over year), operating margin -3.0%, net loss $3.6M, operating cash flow $2.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $271M | -7% | -25% |
| Operating profit | −$8.0M | -232% | -185% |
| Net earnings | −$3.6M | -591% | -138% |
| Operating cash flow | $2.7M | -97% | -95% |
What changed
Revenue was $270.7M in Q1 2026, down 25% year over year and down 7% from the previous quarter.
Operating costs exceeded revenue by $8.0M, an operating margin of -3.0%. Total costs fell 20% while revenue fell 25%. The quarter ended with a net loss of $3.6M, after a profit of $742K the previous quarter.
Operating cash flow was $2.7M (down 95% year over year). Non-cash charges added back $40.6M of depreciation and amortization and $4.7M of share-based compensation. Working capital and other items used $38.9M. Capital expenditures of $43.4M exceeded it, leaving free cash flow of −$40.6M.
Questions
What was ProPetro Holding's revenue in the first quarter 2026?
ProPetro Holding (PUMP) reported revenue of $271M for the first quarter 2026 (Q1 2026), -25% from a year earlier and -7% from the quarter before.
Was ProPetro Holding profitable in the first quarter 2026?
Operating loss was $8.0M (-3.0% of revenue) and net loss $3.6M.
Source: ProPetro Holding 10-Q on SEC EDGAR.