ProPetro Holding (PUMP) Operating Expenses (2016 - 2026)
ProPetro Holding's (PUMP) quarterly Operating Expenses came in at $278.7 million in Q1 2026, down 20.35% year-on-year from $349.9 million in Q1 2025, and down 1.72% on a QoQ basis from $283.6 million in Q4 2025.
ProPetro Holding (PUMP) Operating Expenses (2016 - 2026) Analysis & Trends
ProPetro Holding (PUMP) has 11 years of Operating Expenses data on file, last reported at $278.7 million in Q1 2026.
- On a quarterly basis, Operating Expenses fell 20.35% year-over-year to $278.7 million in Q1 2026; TTM through Mar 2026 was $1.2 billion, a 24.85% decrease from a year earlier, with the FY2025 full-year figure at $1.3 billion, down 21.63% from the prior year.
- Operating Expenses for Q1 2026 stood at $278.7 million, down from $283.6 million in the prior quarter.
- Over the last five years, Operating Expenses for PUMP reached as high as $539.2 million in Q3 2024 and fell as low as $276.9 million in Q1 2022.
- Historically, Operating Expenses has averaged $349.1 million across 5 years, with a median of $349.9 million in 2025.
- Across the five-year window, Operating Expenses jumped 55.42% in 2022 and tumbled 44.36% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $330.6 million in 2022, then rose by 7.69% to $356.1 million in 2023, then retreated by 4.79% to $339.0 million in 2024, then slipped by 16.34% to $283.6 million in 2025, then slipped by 1.72% to $278.7 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $278.7 million in Q1 2026, $283.6 million in Q4 2025, and $300.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 261.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | -466.59 Mn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 2.14 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 4.72 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 9.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 998.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 45.37 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 69.48 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 238.95 Mn |
| 10 | ProPetro Holding | 1.38 Bn | 1.22 Bn | 58.99 Mn | 278.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 278.72 Mn |
| Dec 31, 2025 | 283.59 Mn |
| Sep 30, 2025 | 299.98 Mn |
| Jun 30, 2025 | 329.32 Mn |
| Mar 31, 2025 | 349.92 Mn |
| Dec 31, 2024 | 339.00 Mn |
| Sep 30, 2024 | 539.16 Mn |
| Jun 30, 2024 | 357.55 Mn |
| Mar 31, 2024 | 375.53 Mn |
| Dec 31, 2023 | 356.06 Mn |
| Sep 30, 2023 | 379.12 Mn |
| Jun 30, 2023 | 382.77 Mn |
| Mar 31, 2023 | 382.11 Mn |
| Dec 31, 2022 | 330.63 Mn |
| Sep 30, 2022 | 319.36 Mn |
| Jun 30, 2022 | 355.35 Mn |
| Mar 31, 2022 | 276.95 Mn |
| Dec 31, 2021 | 268.47 Mn |
| Sep 30, 2021 | 255.99 Mn |
| Jun 30, 2021 | 228.63 Mn |