Filing Flows › Mammoth Energy Services (TUSK) › Q2 2025
Mammoth Energy Services (TUSK) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Mammoth Energy Services (TUSK) reported revenue of $16.4M for the second quarter 2025 (Q2 2025), +2% from a year earlier and -74% from the quarter before. Operating margin was -226.3%, net earnings $8.8M (53.9% of revenue).
Mammoth Energy Services, Q2 2025: revenue $16.4M (+2% year over year), operating margin -226.3%, net earnings $8.8M, operating cash flow −$12.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.4M | -74% | +2% |
| Operating profit | −$37.1M | -7394% | — |
| Net earnings | $8.8M | — | — |
| Operating cash flow | −$12.5M | -562% | — |
What changed
Revenue was $16.4M in Q2 2025, up 2% year over year and down 74% from the previous quarter.
Operating costs exceeded revenue by $37.1M, an operating margin of -226.3%. Total costs fell 52% while revenue rose 2%. Net earnings were $8.8M. The effective tax rate was -11.8%. Non-operating items added $45.0M, 569% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$12.5M. Non-cash charges added back $2.2M of depreciation and amortization and $200K of share-based compensation. Working capital and other items used $23.8M. Capital expenditures of $20.1M exceeded it, leaving free cash flow of −$32.6M.
Questions
What was Mammoth Energy Services' revenue in the second quarter 2025?
Mammoth Energy Services (TUSK) reported revenue of $16.4M for the second quarter 2025 (Q2 2025), +2% from a year earlier and -74% from the quarter before.
Was Mammoth Energy Services profitable in the second quarter 2025?
Operating loss was $37.1M (-226.3% of revenue) and net earnings $8.8M.