Logotype for ProPetro Holding Corp

ProPetro (PUMP) investor relations material

ProPetro Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for ProPetro Holding Corp
Q3 2025 earnings summary29 Oct, 2025

Executive summary

  • Q3 2025 revenue was $294 million, down 10% sequentially and 18.6% year-over-year, with net loss narrowing to $2 million ($0.02/share) from $7 million in Q2; Adjusted EBITDA was $35 million (12% margin), down from prior periods.

  • Free cash flow for completions was $25 million in Q3, with a focus on capital-light investments, cost reductions, and flexible CapEx to sustain cash flow and support PROPWR growth.

  • PROPWR segment achieved major milestones, including first field deployments, entry into the data center power market with a 60 MW contract, and expanded contracted capacity to over 150 MW, targeting 220 MW by year-end.

  • Maintained strong balance sheet and liquidity, with $67 million in cash and $158 million total liquidity at quarter-end, including $91 million available under the ABL facility.

  • Over $1 billion invested since 2022 in asset refresh, technology, and service diversification, including targeted M&A.

Financial highlights

  • Q3 2025 revenue was $294 million; Adjusted EBITDA was $35 million (12% margin); net loss was $2 million ($0.02/share); free cash flow for completions was $25 million; operating cash flow was $42 million; investing cash outflow was $43 million.

  • Capital expenditures paid in Q3 were $44 million; incurred CapEx was $98 million, with $79 million for PROPWR.

  • Cash at quarter-end was $67 million; total liquidity $158 million including $91 million under ABL facility.

  • Year-to-date 2025 revenue reached $326 million, Adjusted EBITDA $50 million, and free cash flow for completions $26 million.

  • Share repurchase program retired 13 million shares (11% of outstanding) since inception, with $89 million remaining authorized.

Outlook and guidance

  • 2025 capital expenditures expected at $270–$290 million, with $80–$100 million for completions and ~$190 million for PROPWR; 2026 PROPWR CapEx projected at $200–$250 million.

  • PROPWR targeting installed capacity of 1 gigawatt or greater by 2030, with at least 220 MW contracted by year-end 2025.

  • Annualized PROPWR EBITDA projected to grow from $75–$90 million in 2026 to $265–$280 million by 2030.

  • Expectation to maintain 10–11 active frac fleets in Q4 2025, with sequential improvement in PROPWR segment margins.

  • Share repurchase program extended through 2026, with $89 million remaining authorized.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next ProPetro earnings date

Logotype for ProPetro Holding Corp
Q4 202519 Feb, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next ProPetro earnings date

Logotype for ProPetro Holding Corp
Q4 202519 Feb, 2026

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

ProPetro Holding Corp. is an oilfield services company that provides hydraulic fracturing, cementing, and other related services to upstream oil and gas companies. The company focuses on supporting exploration and production activities in unconventional resource plays, primarily in the Permian Basin. The company is headquartered in Midland, Texas, and its shares are listed on the NYSE.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage