RPC Revenue Rises 26% to $420.8 Million on Pintail; Net Income Falls 16% to $10.1 Million
RPC reported second quarter 2025 results, with revenue up 26% from the first quarter to $420.8 million, mainly due to the April 1, 2025 Pintail Completions acquisition. Excluding Pintail's $98.9 million in revenue, adjusted revenue fell 3%, and GAAP net income declined 16% sequentially to $10.1 million, or $0.05 per diluted share. The company also declared a regular quarterly dividend of $0.04 per share.
Key points
- Revenue was $420.8 million, up 26% sequentially, including $98.9 million from Pintail; adjusted revenue decreased 3%.
- GAAP net income was $10.1 million ($0.05 diluted EPS), versus $12.0 million ($0.06) in the first quarter; adjusted net income was $17.5 million ($0.08).
- Acquisition related employment costs of $6.6 million were recorded in the quarter, with $78.6 million expected to be recognized over 12 quarters.
- Board declared a $0.04 per share dividend payable September 10, 2025, to holders of record on August 11, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.