Mammoth Energy Services, Inc. (TUSK) Financial Statements
Industry: Oil & Gas Field Services (Other)
In fiscal 2025, Mammoth Energy Services reported revenue of $44.3M, down 76.4% from $187.9M the year before. Net income was $4.6M (a 10.4% net margin), or $0.10 per diluted share. Gross margin was -129.7% and operating margin was -129.7%. Operating activities generated -$18.6M of cash, leaving -$89.1M of free cash flow. At fiscal year end, Mammoth Energy Services held $334.9M in total assets against $76.6M in total liabilities, including $102.0M of cash and equivalents.
Open the full interactive Mammoth Energy Services financials → Quarterly statements, key ratios, valuation history and price charts.
Mammoth Energy Services Key Stats
| Share Price | $2.80 |
|---|---|
| Market Cap | $134.9M |
| P/E Ratio | 28.0 |
| Revenue YoY Growth | -76.4% |
| 52-Week Range | $1.73 – $3.84 |
| Shares Outstanding | 48.2 million (basic, 2026 Q2) |
Mammoth Energy Services Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $313.1M | $229.0M | $362.1M | $309.5M | $187.9M | $44.3M |
| Cost of Goods Sold | $462.4M | — | — | — | $316.6M | $101.7M |
| Gross Profit | $81.1M | $30.6M | $83.5M | $61.7M | -$128.7M | -$57.4M |
| Operating Income | -$149.3M | -$128.2M | -$16.4M | -$16.7M | -$128.7M | -$57.4M |
| Pre-Tax Income | -$119.8M | -$124.3M | $13.0M | $9.1M | -$218.5M | -$59.7M |
| Income Tax | -$12.2M | -$22.9M | $13.6M | $12.3M | -$11.2M | $4.1M |
| Net Income | -$107.6M | -$101.4M | -$619,000 | -$3.2M | -$207.3M | $4.6M |
| Diluted EPS | -$2.36 | -$2.18 | -$0.01 | -$0.07 | -$4.31 | $0.10 |
Mammoth Energy Services Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $14.8M | — | $22.0M | $26.1M |
| Net Income | -$12.6M | $8.9M | $5.2M | -$760,000 |
| Diluted EPS | -$0.26 | $0.18 | $0.11 | -$0.01 |
Mammoth Energy Services Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $14.8M | $9.9M | $17.3M | $16.6M | $61.0M | $102.0M |
| Current Assets | $464.7M | $440.8M | $496.7M | $496.9M | $188.6M | $177.1M |
| Total Assets | $824.6M | $720.9M | $724.7M | $698.5M | $384.0M | $334.9M |
| Current Liabilities | $128.6M | $150.2M | $237.2M | $182.6M | $114.5M | $70.0M |
| Total Long-Term Debt | $82.5M | $86.7M | $167.0M | $42.8M | — | — |
| Total Liabilities | $261.2M | $257.7M | $262.1M | $238.4M | $131.2M | $76.6M |
| Shareholders' Equity | $563.3M | $463.2M | $462.6M | $460.1M | $252.8M | $258.3M |
Mammoth Energy Services Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $7.0M | -$18.9M | $15.3M | $31.4M | $180.7M | -$18.6M |
| Cash From Investing | -$2.3M | $5.5M | -$2.1M | -$8.8M | -$10.4M | $54.5M |
| Cash From Financing | $4.3M | $8.4M | -$5.6M | -$15.6M | -$112.1M | -$4.3M |
| Free Cash Flow | — | — | $5.6M | $12.0M | $163.7M | -$89.1M |
| Dividends Paid | $0 | $0 | — | — | — | — |
Figures from Mammoth Energy Services' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Mammoth Energy Services financials page for every line item.
Mammoth Energy Services Company Profile
| Ticker | TUSK |
|---|---|
| Exchange | Nasdaq |
| Industry | Oil & Gas Field Services (Other) |
| Headquarters | Oklahoma City, Oklahoma |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0001679268 |
Frequently Asked Questions
What was Mammoth Energy Services' revenue in fiscal 2025?
Mammoth Energy Services (TUSK) reported revenue of $44.3M for fiscal 2025.
What is Mammoth Energy Services' annual revenue history?
Mammoth Energy Services' annual revenue by fiscal year: 2020: $313.1M; 2021: $229.0M; 2022: $362.1M; 2023: $309.5M; 2024: $187.9M; 2025: $44.3M.
What was Mammoth Energy Services' net income in fiscal 2025?
Mammoth Energy Services reported net income of $4.6M for fiscal 2025.
What was Mammoth Energy Services' earnings per share (EPS) in fiscal 2025?
Mammoth Energy Services' diluted EPS was $0.10 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Mammoth Energy Services generate in fiscal 2025?
Mammoth Energy Services generated -$89.1M of free cash flow in fiscal 2025.
What was Mammoth Energy Services' revenue last quarter?
In its most recent reported quarter (2026 Q2), Mammoth Energy Services reported revenue of $26.1M.
How many shares of Mammoth Energy Services are outstanding?
Mammoth Energy Services reported a weighted average of 48.2 million basic shares outstanding in 2026 Q2.
What is Mammoth Energy Services' market cap?
Based on its latest closing price, Mammoth Energy Services (TUSK) has a market capitalization of about $134.9M.
When does Mammoth Energy Services' fiscal year end?
Mammoth Energy Services' fiscal year end, as registered with the SEC, is December 31.
Where is Mammoth Energy Services headquartered?
Mammoth Energy Services lists its business address in Oklahoma City, Oklahoma in its SEC filings.