Operating Segments was Mammoth Energy Services’s largest segment in fiscal 2025, bringing in $16.55M of $16.48M (100%).
| Segment | FY 2015 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Segments | $166.24M | $127.37M | $19.06M | $16.55M | ||||||
| Corporate & Eliminations | $38.13M | $34.95M | — | — | ||||||
| Other | — | — | $3.95M | — | ||||||
| All Other | $36.07M | $32.92M | — | — | ||||||
| Intersegment Eliminations | $4.53M | $2.47M | -$393.00K | -$73.00K | ||||||
| Intersegment Revenues | — | — | — | — | ||||||
| Eliminations | — | — | -$398.00K | — | ||||||
| Consolidation, Eliminations | -$5.13M | -$2.49M | — | — | ||||||
| Intercompany Elimination | — | — | — | — | ||||||
| Total | $239.85M | $195.21M | $22.22M | $16.48M |
Mammoth Energy Services brought in $16.48M from its two segments in fiscal 2025, the year ended December 31, 2025. That is less than the $44.29M it reports by geography, so these segments do not cover all of its revenue. Operating Segments was the largest at $16.55M (100.4%).
Mammoth Energy Services stopped reporting Corporate & Eliminations ($34.95M in fiscal 2023), All Other ($32.92M in fiscal 2023) and Other ($3.95M in fiscal 2024) as separate segments. The total is net of Intersegment Eliminations, which took $73.00K off revenue in fiscal 2025.
Service was Mammoth Energy Services’s largest product and service line in fiscal 2025, bringing in $26.19M of $42.74M (61%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Service | $311.97M | $269.23M | $24.99M | $26.19M | ||||||
| Product | $48.99M | $39.29M | $19.06M | $16.55M | ||||||
| Total | $360.95M | $308.51M | $44.05M | $42.74M |
Mammoth Energy Services brought in $42.74M from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 3.0% from $44.05M in fiscal 2024. Service was the largest at $26.19M (61.3%), ahead of Product at $16.55M (38.7%).
Compared with fiscal 2024, Service grew 4.8% to $26.19M, while Product fell 13.1% to $16.55M. From fiscal 2022 to 2025, combined revenue from these lines fell from $360.95M to $42.74M, a compound annual decline of 50.9%. Service's share of the total fell from 86.4% to 61.3%.
United States was Mammoth Energy Services’s largest region in fiscal 2025, bringing in $27.51M of $44.29M (62%).
| Geography | FY 2015 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Puerto Rico | — | — | — | — | ||||||
| United States | $343.31M | $287.47M | $23.55M | $27.51M | ||||||
| Canada | $18.60M | $21.75M | $22.03M | $16.71M | ||||||
| Other | $176.00K | $279.00K | $16.00K | $76.00K | ||||||
| Total | $362.09M | $309.49M | $45.60M | $44.29M |
Mammoth Energy Services brought in $44.29M from its three regions in fiscal 2025, the year ended December 31, 2025. That was down 2.9% from $45.60M in fiscal 2024. United States was the largest at $27.51M (62.1%), ahead of Canada at $16.71M (37.7%) and Other at $76.00K (0.2%).
Compared with fiscal 2024, United States grew 16.8% to $27.51M, while Canada fell 24.2% to $16.71M. From fiscal 2022 to 2025, combined revenue from these regions fell from $362.09M to $44.29M, a compound annual decline of 50.4%. United States' share of the total fell from 94.8% to 62.1%.
Mammoth Energy Services (TUSK) reports its revenue by segment, by product and service and by geography. In fiscal 2025, Operating Segments was its largest segment, bringing in $16.55M (100.4% of the total).
Operating Segments was Mammoth Energy Services' largest segment in fiscal 2025, bringing in $16.55M, or 100.4% of the $16.48M total across its two segments.
Service was Mammoth Energy Services' largest product and service line in fiscal 2025, bringing in $26.19M, or 61.3% of the $42.74M total across its two product and service lines.
United States was Mammoth Energy Services' largest region in fiscal 2025, bringing in $27.51M, or 62.1% of the $44.29M total across its three regions.
Service grew faster than Product in fiscal 2025, up 4.8% from $24.99M to $26.19M. Product fell 13.1% to $16.55M.
Every figure comes from Mammoth Energy Services' annual financial filings, as reported. Each line keeps the name Mammoth Energy Services gives it, and years follow its fiscal calendar.
Mammoth Energy Services' revenue by segment goes back to fiscal 2015, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.