ProPetro Holding Corp. announced fourth quarter and full year 2025 financial results, reporting Q4 revenue of $290 million, net income of $1 million ($0.01 per diluted share), and Adjusted EBITDA of $51 million. The company provided 2026 capital expenditure guidance of $390-$435 million and highlighted PROPWR expansion with 550 MW equipment orders and $163 million equity offering proceeds.
Key takeaways
Q4 2025 revenue $290M vs $294M prior quarter
Q4 2025 net income $1M or $0.01 per diluted share vs net loss $2M prior quarter
Full year 2025 revenue $1.3B, net income $1M, Adjusted EBITDA $208M
Q4 2025 Adjusted EBITDA $51M (18% of revenue), up from $35M prior quarter
2026 capex guidance $390M-$435M including $250M-$275M for PROPWR
Completed equity offering raising $163M net proceeds in January 2026
PROPWR committed capacity ~240 MW, equipment orders to 550 MW by 2027