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ProPetro 2Q FY26 net loss widens to $8 million; revenue rises 13% to $306 million
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ProPetro 2Q FY26 net loss widens to $8 million; revenue rises 13% to $306 million
  • ProPetro posted 2Q26 revenue of $306 million, up 13% from 1Q26, while the GAAP net loss widened to $8.11 million.
  • Non-GAAP adjusted EBITDA climbed 23% from 1Q26 to $44.77 million as free cash flow for the completions business swung to $51.1 million.
  • Cash flow from operations rose to $66.05 million from $2.73 million in 1Q26, while total liquidity increased to $905 million.
  • Management cited upfront costs to stand up a 12th fleet, unexpected downtime on a temporary out-of-basin deployment, and severe Permian weather in June.
  • PROPWR added about 110 megawatts of contracted capacity to roughly 350 megawatts, deployed assets at a Midwest hyperscaler data center, and secured a Caterpillar framework for up to about 2.1 gigawatts over five years.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ProPetro Holding Corp. published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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