Filing Flows › Mammoth Energy Services (TUSK) › Q1 2025
Mammoth Energy Services (TUSK) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Mammoth Energy Services (TUSK) reported revenue of $62.5M for the first quarter 2025 (Q1 2025), +45% from a year earlier and +17% from the quarter before. Operating margin was 0.8%, net loss $537K (0.9% of revenue).
Mammoth Energy Services, Q1 2025: revenue $62.5M (+45% year over year), operating margin 0.8%, net loss $537K, operating cash flow $2.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $62.5M | +17% | +45% |
| Operating profit | $509K | — | — |
| Net earnings | −$537K | — | — |
| Operating cash flow | $2.7M | -98% | -94% |
What changed
Revenue was $62.5M in Q1 2025, up 45% year over year and up 17% from the previous quarter.
Operating profit was $509K, a 0.8% margin (up 28.7 points year over year). Total costs grew 12% against revenue growth of 45%. The fastest-growing cost line was Other operating costs (+846%). The quarter ended with a net loss of $537K, narrower than the previous quarter's $15.5M loss.
Operating cash flow was $2.7M (down 94% year over year). Non-cash charges added back $6.0M of depreciation and amortization and $211K of share-based compensation. Working capital and other items used $3.0M. Capital expenditures of $7.2M exceeded it, leaving free cash flow of −$4.5M.
Questions
What was Mammoth Energy Services' revenue in the first quarter 2025?
Mammoth Energy Services (TUSK) reported revenue of $62.5M for the first quarter 2025 (Q1 2025), +45% from a year earlier and +17% from the quarter before.
Was Mammoth Energy Services profitable in the first quarter 2025?
Operating profit was $509K (0.8% of revenue) and net loss $537K.