ProPetro Holding (PUMP) Gross Margin (2016 - 2026)
ProPetro Holding's (PUMP) quarterly Gross Margin came in at 21.79% in Q1 2026, down 479.0% year-on-year from 5.75% in Q1 2025, and down 15.86% on a QoQ basis from 25.9% in Q4 2025.
ProPetro Holding (PUMP) Gross Margin (2016 - 2026) Analysis & Trends
ProPetro Holding (PUMP) has 11 years of Gross Margin data on file, last reported at 21.79% in Q1 2026.
- On a quarterly basis, Gross Margin fell 479.0% year-over-year to 21.79% in Q1 2026; TTM through Mar 2026 was 22.4%, a 315.0% decrease from a year earlier, with the FY2025 full-year figure at 23.72%, down 251.0% from the prior year.
- Gross Margin for Q1 2026 stood at 21.79%, down from 25.9% in the prior quarter.
- Over the last five years, Gross Margin for PUMP reached as high as 33.78% in Q1 2023 and fell as low as 19.53% in Q3 2025.
- Historically, Gross Margin has averaged 27.4% across 5 years, with a median of 26.59% in 2025.
- Across the five-year window, Gross Margin soared 815 bps in 2022 and slumped 632 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 30.47% in 2022, then fell by 18 bps to 24.94% in 2023, then slipped by 4 bps to 24.05% in 2024, then climbed by 8 bps to 25.9% in 2025, then dropped by 16 bps to 21.79% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 21.79% in Q1 2026, 25.9% in Q4 2025, and 19.53% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 61.69% |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 33.87% |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 65.69% |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 37.69% |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 18.47% |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 70.23% |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 66.20% |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 18.38% |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 64.46% |
| 10 | ProPetro Holding | 1.38 Bn | 1.22 Bn | 58.99 Mn | 21.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.79% |
| Dec 31, 2025 | 25.90% |
| Sep 30, 2025 | 19.53% |
| Jun 30, 2025 | 22.38% |
| Mar 31, 2025 | 26.59% |
| Dec 31, 2024 | 24.05% |
| Sep 30, 2024 | 25.86% |
| Jun 30, 2024 | 25.54% |
| Mar 31, 2024 | 28.88% |
| Dec 31, 2023 | 24.94% |
| Sep 30, 2023 | 30.98% |
| Jun 30, 2023 | 31.58% |
| Mar 31, 2023 | 33.78% |
| Dec 31, 2022 | 30.47% |
| Sep 30, 2022 | 32.70% |
| Jun 30, 2022 | 30.55% |
| Mar 31, 2022 | 30.21% |
| Dec 31, 2021 | 23.86% |
| Sep 30, 2021 | 24.55% |
| Jun 30, 2021 | 24.92% |