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
DateValue
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%