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Financials · TUSK

Mammoth Energy Services Inc. (TUSK) financials

For the twelve months ended Sep 30, 2026, Mammoth Energy Services Inc. reported $78.89M of revenue and $13.45M of net income.

Revenue, TTM
$78.89M
Net income, TTM
$13.45M
Net margin
17.1%
Free cash flow, TTM
-$142.85M
EPS, diluted, TTM
$0.30
Cash
$13.09M
P/E
10.95
P/S
1.87
Market cap
$147.3M
Annual revenue$44.29M
FY2016FY2025
Annual net income$4.60M
FY2016FY2025
Annual free cash flow-$89.12M
FY2021FY2025

TUSK revenue and earnings growth

TUSK revenueQ3 2026$21.35M

Quarter YoY
+96.7%
QoQ
-18.1%
FY YoY
-2.9%
5Y CAGR
-32.4%
10Y CAGR
-19.1%

TUSK revenue was $21.35M in fiscal Q3 2026 (ended Sep 30, 2026), up 96.7% from a year earlier and down 18.1% from the prior quarter. For the full fiscal 2025 it was $44.29M, down 2.9% from fiscal 2024. Compound annual growth was -32.4% over 5 years and -19.1% over 10 years. It rose in 3 of the last 10 fiscal years.

TUSK net incomeQ3 2026$126.0K

TUSK net income was $126.0K in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$12.62M a year earlier. For the full fiscal 2025 it was $4.60M, compared with -$207.33M in fiscal 2024.

TUSK EPSQ3 2026$0.01

TUSK diluted EPS was $0.01 in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$0.26 a year earlier. For the full fiscal 2025 it was $0.10, compared with -$4.31 in fiscal 2024.

TUSK free cash flowQ3 2026-$41.75M

TUSK free cash flow was -$41.75M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$16.57M a year earlier. For the full fiscal 2025 it was -$89.12M, compared with $179.50M in fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$44.29M$45.60M$309.49M$362.09M$228.96M$313.08M$625.01M$1.69B$691.50M$230.63M
Cost of revenue--$247.84M$278.59M$198.33M$232.02M$543.79M$1.09B$482.57M$173.02M
Gross profit--$61.65M$83.50M$30.64M$81.06M$81.22M$596.28M$208.93M$57.60M
Selling, general and admin$19.57M$114.47M$37.46M$39.55M$77.86M$66.43M$49.70M$71.20M$48.41M$17.29M
Operating income-$57.43M-$120.36M-$16.68M-$16.42M-$123.04M-$148.68M-$128.38M$394.45M$62.77M-$34.63M
Interest expense---$11.51M$6.41M$5.40M$4.96M$3.19M$4.31M$4.10M
Pre-tax income-$59.67M-$194.42M$9.13M$12.99M-$124.29M-$119.78M-$91.13M$389.23M$61.80M-$38.57M
Income tax$4.09M-$11.31M$12.30M$13.61M-$22.86M-$12.17M-$12.08M$153.26M$2.83M$53.88M
Net income$4.60M-$207.33M-$3.16M-$619.0K-$101.43M-$107.61M-$79.04M$235.97M$58.96M-$92.45M
EPS, basic$0.10-$4.31-$0.07-$0.01-$2.18-$2.36-$1.76$5.27$1.42-$2.94
EPS, diluted$0.10-$4.31-$0.07-$0.01-$2.18-$2.36-$1.76$5.24$1.42-$2.94
Diluted shares48.3M48.1M47.8M47.2M46.4M45.6M45.0M45.0M41.6M31.5M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$101.99M$60.84M$24.30M$17.28M$9.90M$14.82M$5.87M$67.63M$5.64M$29.24M
Short-term investments$19.64M$0-$0$1.76M$1.75M$0---
Receivables$28.93M$40.67M$447.20M$456.46M$407.55M$393.11M$363.05M$337.46M$243.75M$21.17M
Inventory$4.08M$6.85M$12.65M$8.88M$8.37M$12.02M$17.48M$21.30M$17.81M$6.12M
Current assets$177.15M$188.59M$496.93M$496.69M$440.78M$464.75M$406.98M$449.56M$314.42M$88.94M
Goodwill$0$9.21M$9.21M$11.72M$11.72M$12.61M$67.58M$101.25M$99.81M$88.73M
Total assets$334.89M$384.03M$698.48M$724.68M$720.89M$824.56M$952.38M$1.07B$867.24M$502.36M
Current liabilities$70.02M$114.51M$182.55M$237.21M$150.23M$128.60M$130.40M$233.82M$219.99M$29.25M
Short-term debt-$0$0$83.52M$1.47M$1.17M$0---
Long-term debt-$0$42.81M$0$85.24M$81.34M$80.00M$0$99.90M$0
Total debt-$0$42.81M$83.52M$86.71M$82.50M$80.00M$0$99.90M$0
Total liabilities$76.61M$131.21M$238.38M$262.06M$257.67M$261.24M$283.64M$319.04M$359.45M$79.58M
Shareholders' equity$258.29M$252.82M$460.10M$462.62M$463.22M$563.33M$668.74M$754.05M$507.80M$422.78M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow-$18.57M$180.72M$31.39M$15.27M-$18.86M$6.97M-$95.32M$386.67M$57.62M$29.69M
Capital expenditures$70.55M$1.21M$19.39M$12.74M$5.84M-----
Free cash flow-$89.12M$179.50M$11.99M$2.53M-$24.71M-----
Investing cash flow$54.55M-$10.43M-$8.79M-$2.12M$5.51M-$2.29M-$33.22M-$211.96M-$172.28M-$7.72M
Financing cash flow-$4.29M-$112.11M-$15.59M-$5.60M$8.43M$4.27M$66.70M-$112.59M$91.05M$3.08M
Dividends paid----$0$0$11.22M$11.20M$0$0
Stock-based compensation$412.0K$875.0K$1.34M$923.0K$1.19M$1.95M$4.18M$5.42M$3.74M$501.0K
Depreciation and amortization--------$92.12M$72.31M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY-2.9%-85.3%-14.5%58.1%-26.9%-49.9%-63.0%144.4%199.8%-37.3%
Net income growth, YoY-------300.2%--
EPS growth, YoY-------269.0%--
Gross margin--19.9%23.1%13.4%25.9%13.0%35.3%30.2%25.0%
Operating margin-129.7%-263.9%-5.4%-4.5%-53.7%-47.5%-20.5%23.3%9.1%-15.0%
Net margin10.4%-454.7%-1.0%-0.2%-44.3%-34.4%-12.6%14.0%8.5%-40.1%
Free cash flow margin-201.2%393.7%3.9%0.7%-10.8%-----
Return on equity1.8%-82.0%-0.7%-0.1%-21.9%-19.1%-11.8%31.3%11.6%-21.9%
Return on assets1.4%-54.0%-0.5%-0.1%-14.1%-13.1%-8.3%22.0%6.8%-18.4%
Current ratio2.531.652.722.092.933.613.121.921.433.04
Debt to equity-0.000.090.180.190.150.120.000.200.00

Source: XBRL data Mammoth Energy Services Inc. files with the SEC, latest filing dated Oct 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

TUSK peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
TUSK$78.89M-$13.45M17.1%$147.3M
SLB$36.89B+4.6%$3.10B8.4%$74.36B
HAL$22.48B+1.5%$2.01B8.9%$26.37B
OII$2.91B+3.0%$331.39M11.4%$3.46B
WBI$867.79M+114.9%$16.03M1.8%$3.20B
WTTR$1.52B+7.8%$49.90M3.3%$2.16B
LBRT$4.44B+13.6%$40.31M0.9%$2.11B
NESR$1.83B-$109.97M6.0%$1.97B

TUSK FAQ

8 questions
  • What is TUSK revenue?
    Mammoth Energy Services Inc. (TUSK) reported $78.89M of revenue for the twelve months ended Sep 30, 2026. Revenue for fiscal 2025 was $44.29M.
  • Is TUSK profitable?
    Yes. Mammoth Energy Services Inc. earned $13.45M in net income for the twelve months ended Sep 30, 2026, a net margin of 17.1%.
  • How much cash and debt does TUSK have?
    Mammoth Energy Services Inc. reported $13.09M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is TUSK revenue growing?
    Mammoth Energy Services Inc.'s revenue changed -2.9% in fiscal 2025, to $44.29M. Its compound annual growth rate was -32.4% over 5 years and -19.1% over 10 years.
  • What is TUSK free cash flow?
    Mammoth Energy Services Inc. generated -$142.85M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of -$19.42M less capital expenditures.
  • What is TUSK earnings per share?
    Diluted earnings per share were $0.30 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did TUSK last report financial results?
    The latest statements here come from Mammoth Energy Services Inc.'s 10-Q filed on Oct 30, 2026, covering the period ended Sep 30, 2026.
  • Where does this TUSK financial data come from?
    Quantisnow builds these statements from the structured XBRL data Mammoth Energy Services Inc. files with the SEC. It is provided for information only and is not investment advice.