# Mammoth Energy Services, Inc. (TUSK) · Edgar & Edgarette company card

> Mammoth Energy Services (TUSK) saw revenue fall 2.9% in FY2025 to $44 million, operating margin -130% against a 5.0% median for oil & gas field services, equity 77.1% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1679268 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/TUSK) · [JSON](https://www.pops4.com/boards/company/TUSK.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $44M |
| Revenue growth, 1 year | -2.9% |
| Revenue growth per year | -33.7% |
| Operating margin | -129.7% (prior year -263.9%) |
| Net margin | 10.4% |
| Operating cash flow | −$19M |
| Capital spending | $71M |
| Free cash flow | −$89M |
| Cash | $102M |
| Long-term debt | — |
| Total assets | $335M |
| Total equity | $258M |
| Equity ÷ assets | 77.1% |
| Return on equity | 1.8% |
| Dividend per share | $0.25 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 1.77 (grey zone)
- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: Rotting at the dock · four or more warning signs · filed auditor change in the last 12 months; slow and jumpy: growing slower than its size class, with revenue that swings more; operating cash flow was negative; operating loss: a margin of -129.7% in FY2025; revenue is hard to predict: its 80% range is ±62%
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $44.3M (FY2025). Experience: revenue down 2.9% on the year, down 33.7% a year over 4 years; operating margin -129.7%, up from -263.9%. Soundness: equity 77.1% of assets, return on equity 1.8%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $15.4M and $66.3M next year (method v4.1: its own 5-year record of growth weighed at 57% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $14.0M to $73.5M. A statistical range, not company guidance. Against peers (15 filers, $50M+ revenue, oil & gas field services, nec): operating margin -129.7% against a 5.0% median; growth -2.9% against -2.3%.

Range logged 2026-11-01, receipt aa803b1e83067847, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 4.01 Auditor change: 1, latest 2026-05-15 ([filing](https://www.sec.gov/Archives/edgar/data/1679268/000162828026035328/0001628280-26-035328-index.htm))

## Recent filings

- 10-Q · filed 2026-10-30 · [filing](https://www.sec.gov/Archives/edgar/data/1679268/000162828026068605/0001628280-26-068605-index.htm)
- 8-K · filed 2026-10-30 · 1.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1679268/000162828026068445/0001628280-26-068445-index.htm)
- 8-K · filed 2026-10-30 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1679268/000162828026068441/0001628280-26-068441-index.htm)
- 10-Q · filed 2026-08-07 · [filing](https://www.sec.gov/Archives/edgar/data/1679268/000162828026054813/0001628280-26-054813-index.htm)
- 8-K · filed 2026-08-07 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1679268/000162828026054588/0001628280-26-054588-index.htm)
- 8-K · filed 2026-06-26 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1679268/000162828026045745/0001628280-26-045745-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001679268.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1679268

## Cite

POPS4, Edgar & Edgarette: Mammoth Energy Services, Inc. (TUSK) company card, from the company's own SEC filings, accessed 2026-11-02, https://www.pops4.com/boards/company/TUSK. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.