RPC, Inc.

RPC, Inc. reported revenues of $1.63 billion for fiscal year 2025, generating net income of $32.1 million. Operating income was $44.7 million, with a gross profit of $400 million calculated from revenues of $1.63 billion and cost of revenues of $1.23 billion. The company generated $201.3 million in net cash from operating activities, but used $273.7 million for investing activities primarily due to capital expenditures of $148.4 million and the $153.4 million purchase of Pintail Completions. This resulted in a net decrease in cash of $116.0 million, ending the period with $126.4 million in cash and equivalents. Technical Services represented 94.4% of total revenues at $1.54 billion, while Support Services contributed 5.6% at $90.5 million. The company maintained a strong balance sheet with total assets of $1.47 billion and stockholders' equity of $1.10 billion.

Key Takeaways