Every 10-Q that Mammoth Energy Services, Inc. (TUSK) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow TUSK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TUSK filings page.
Mammoth Energy Services focuses on rental, aviation, infrastructure, sand, accommodation and drilling services in North America. For the three months ended June 30, 2026, total revenue was 26,054 and operating income was 2,628 (both in thousands), up from revenue of 12,353 and an operating loss of 37,127 a year earlier, when results included a 31,669 impairment of long‑lived assets.
For the first six months of 2026, revenue rose to 48,085 (in thousands) and net income from continuing operations was 3,487 (in thousands), compared with a loss of 38,770 in 2025. Including discontinued operations from divested transmission, pressure pumping and engineering businesses, net income was 4,427 versus 8,311, as the prior period benefited from large divestiture gains.
Cash and restricted cash of continuing operations totaled 62,783 (in thousands) at June 30, 2026, down from 114,072 at year‑end, reflecting 55,669 of capital expenditures, a 6,499 acquisition of Mission Construction and BERE Rentals, and investment activity. The company has no borrowings on a new $25.0 million revolving credit facility and reported equity of 262,389 (in thousands). PREPA still owes Cobra $20.0 million under a 2024 settlement, and after quarter‑end Mammoth committed to purchase three aircraft for $32.4 million.
Mammoth Energy Services, Inc. reported a sharp turnaround for the quarter ended March 31, 2026. Total revenue rose to $22.0 million from $11.6 million a year earlier, driven by higher services and product sales. Despite an operating loss of $0.9 million, a $7.1 million unrealized gain on marketable securities and higher interest income lifted net income from continuing operations to $4.7 million, compared with a $2.2 million loss in 2025. Including discontinued operations, net income was $5.2 million, or $0.11 per share, versus a slight loss last year. The company ended the quarter with $104.8 million in cash, cash equivalents and restricted cash and no borrowings under its $50 million revolving credit facility. Results continue to reflect a strategic shift after 2025 divestitures of transmission and distribution, pressure pumping and engineering businesses, which are reported as discontinued operations.
Mammoth Energy Services, Inc. filed its Q3 2025 Form 10‑Q, reporting a strategic shift after divesting parts of its infrastructure business and exiting pressure pumping. Q3 total revenue was $14.8 million, down from $17.1 million a year ago, and the company recorded a net loss of $12.6 million (continuing operations loss of $12.1 million).
For the first nine months, revenue was $46.8 million with a net loss of $4.3 million, reflecting strong discontinued operations results tied to the April sale of transmission, distribution and substation subsidiaries for $108.7 million and the June sale of hydraulic fracturing equipment for $15.0 million. The company recognized a $31.7 million impairment on certain natural sand proppant assets in 2025 and closed the Piranha asset sale with a $2.4 million loss.
Liquidity improved: cash and cash equivalents were $98.2 million, restricted cash $29.5 million, and marketable securities $12.7 million. The revolving credit facility was undrawn with $42.5 million of capacity after $7.5 million of letters of credit. Under a 2024 settlement, PREPA paid $168.4 million and still owes $20.0 million following effectiveness of its plan of adjustment.
Mammoth Energy Services, Inc. reported results for the quarter ended June 30, 2025 showing a net income of $8.848 million for the quarter and $8.311 million for the six months, driven largely by discontinued operations related to the sale of its transmission, distribution and substation businesses and hydraulic fracturing equipment. Continuing operations recorded an operating loss of $36.4 million for the quarter and a net loss from continuing operations of $35.693 million, reflecting an impairment charge of $31.7 million related to natural sand proppant assets.
The company completed a T&D divestiture for aggregate proceeds of $108.7 million and sold hydraulic fracturing equipment for $15.0 million, classifying those businesses as discontinued operations. Cash and restricted cash increased to $157.3 million of continuing operations at June 30, 2025, the revolving credit facility was undrawn with $67.5 million borrowing capacity, and total equity was $262.0 million. The company maintains a large allowance for expected credit losses of $170.983 million related to prior receivable matters.