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Mammoth Energy Services (TUSK) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 7, 2026

Mammoth Energy Services (TUSK) reported revenue of $26.1M for the second quarter 2026 (Q2 2026), +111% from a year earlier and +18% from the quarter before. Operating margin was 10.1%, net loss $760K (2.9% of revenue).

Revenue$26.1M
Year over year+111%
Quarter over quarter+18%
Operating margin10.1%
Net earnings−$760K

Mammoth Energy Services, Q2 2026: revenue $26.1M (+111% year over year), operating margin 10.1%, net loss $760K, operating cash flow −$7.0M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$26.1M+18%+111%
Operating profit$2.6M——
Net earnings−$760K-115%-109%
Operating cash flow−$7.0M——

What changed

Revenue was $26.1M in Q2 2026, up 111% year over year and up 18% from the previous quarter. Rentals was the largest line at 39% of revenue. Rentals added $7.0M year over year (up 229%), 51% of the total change. Infrastructure declined 32%.

Operating profit was $2.6M, a 10.1% margin (up 310.6 points year over year). Total costs fell 53% while revenue rose 111%. The quarter ended with a net loss of $760K, after a profit of $5.2M the previous quarter. Net interest and other expense of $1.5M was the main reason.

Operating cash flow was −$7.0M. Non-cash charges added back $4.4M of depreciation and amortization. Working capital and other items used $10.6M. Capital expenditures of $44.0M exceeded it, leaving free cash flow of −$51.0M.

Questions

What was Mammoth Energy Services' revenue in the second quarter 2026?

Mammoth Energy Services (TUSK) reported revenue of $26.1M for the second quarter 2026 (Q2 2026), +111% from a year earlier and +18% from the quarter before.

Was Mammoth Energy Services profitable in the second quarter 2026?

Operating profit was $2.6M (10.1% of revenue) and net loss $760K.

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Source: Mammoth Energy Services 10-Q on SEC EDGAR.