RPC, Inc. reported a strong third quarter in 2025, with revenues increasing by 6% sequentially to $447.1 million. Net income and diluted EPS also saw sequential improvements, reaching $13.0 million and $0.06, respectively. The company experienced broad-based revenue increases across most service lines, particularly in pressure pumping, coiled tubing, and downhole tools.
Revenues increased by 6% sequentially to $447.1 million in Q3 2025.
Net income rose to $13.0 million, and diluted EPS improved to $0.06.
Adjusted EBITDA increased to $72.3 million, with an adjusted EBITDA margin of 16.2%.
The company saw signs of stabilization and improvement in August and September, but anticipates headwinds in Q4 due to dipping oil prices and holiday slowdowns.
RPC anticipates additional headwinds in the fourth quarter of 2025 due to recent dips in oil prices below $60 a barrel, expected holiday slowdowns, and customer budget exhaustion. The company plans to implement incremental cost reductions and invest prudently.