ProPetro Holding Corp. (PUMP) FY2025 10-K Annual Report

Filed: Feb 19, 2026
Energy
Oil & Gas Field Services, NECSEC EDGAR

ProPetro Holding Corp. (PUMP) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 19, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

ProPetro Holding Corp. FY2025 10-K Analysis

Business Overview

  • Leading integrated energy service provider in the Permian Basin focused on hydraulic fracturing, wireline, cementing, and power generation services
  • Introduced PROPWR subsidiary in Dec 2024 offering mobile power generation solutions for oil, gas, industrial projects, and data centers
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Management Discussion & Analysis

  • Revenue mix: Hydraulic fracturing 73.2% of total revenues, with growing Power Generation segment launched in 2025
  • Operating segments: Hydraulic fracturing, Wireline, Cementing, Power Generation became reportable segments in 2024-25
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Risk Factors

  • Regulatory capital intensity risk under evolving EPA emissions regulations, requiring conversion from Tier II to lower emissions equipment
  • Geopolitical exposure: Permian Basin rig count dropped from 309 in 2024 to 272 in 2025, reducing demand for services
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ProPetro Holding Corp. FY2025 Key Financial Metrics
XBRL

Revenue

$1.3B

-12.1% YoY

Net Income

$824,000

+100.6% YoY

Operating Margin

0.5%

+1206bp YoY

Net Margin

0.1%

+961bp YoY

ROE

0.1%

+1699bp YoY

Total Assets

$1.3B

+5.5% YoY

EPS (Diluted)

$0.01

+100.8% YoY

Operating Cash Flow

$232M

-8.2% YoY

Source: XBRL data from ProPetro Holding Corp. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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