RPC (RPC) financial statements
RPC reported revenue of $297M in fiscal 2025, up 37.0% a year over 6 years.
Net income was $20M and the operating margin 22.0%, against 28.5% in 2019.
Free cash flow was $18M, and the company returned $16M in dividends.
The diluted share count rose 86% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from RPC's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $45M | $67M | $151M | $198M | $242M | $296M | $297M |
| Selling, general and admin | $5M | $5M | $10M | $19M | $23M | $29M | $35M |
| Operating income | $13M | $9M | $40M | $43M | $21M | $61M | $66M |
| Interest expense | $9M | $11M | $21M | $10M | $22M | $26M | $27M |
| Pre-tax income | $1M | -$3M | $4M | $35M | -$3M | $28M | $32M |
| Income tax | -$11M | -$27M | -$7M | $6M | $5M | $9M | $9M |
| Net income | $12M | $23M | $9M | $29M | -$7M | $19M | $20M |
| EPS (diluted) | $0.19 | $0.36 | $0.08 | $0.24 | -$0.06 | $0.16 | $0.17 |
| Diluted shares | 63M | 65M | 112M | 122M | 116M | 120M | 118M |
| Operating margin | 28.5% | 12.9% | 26.8% | 21.9% | 8.7% | 20.4% | 22.0% |
| Net margin | 26.6% | 34.3% | 6.1% | 14.7% | -3.0% | 6.3% | 6.6% |
Balance sheet
Fiscal years, from RPC's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $19M | $12M | $41M | $20M | $30M | $67M | $28M |
| Property, plant and equipment | — | $1M | $981,000 | $3M | $3M | $7M | $10M |
| Goodwill | $97M | $370M | $419M | $507M | $506M | $506M | $559M |
| Total assets | — | $582M | $676M | $826M | $834M | $869M | $928M |
| Total liabilities | — | $324M | $281M | $392M | $409M | $482M | $525M |
| Shareholders' equity | $36M | $60M | $395M | $434M | $425M | $387M | $403M |
| Net debt | -$19M | -$12M | -$41M | -$20M | -$30M | -$67M | -$28M |
Cash flow
Fiscal years, from RPC's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $17M | $11M | $49M | $62M | $48M | $101M | $23M |
| Capital spending | $30,000 | $34,000 | $129,000 | $1M | $1M | $5M | $5M |
| Free cash flow | $17M | $11M | $49M | $60M | $46M | $96M | $18M |
| Stock-based compensation | $417,000 | $714,000 | $4M | $19M | $35M | $30M | $37M |
| Dividends paid | — | $0 | $0 | $11M | $15M | $15M | $16M |
| Net borrowing | -$6M | $159M | $221M | $121M | $62M | $30M | $52M |
| Free cash flow margin | 37.4% | 15.8% | 32.5% | 30.4% | 19.1% | 32.5% | 6.0% |
| Dividends per share | — | — | — | $0.09 | $0.13 | $0.13 | $0.14 |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for RPC.
Open RPC in InvestinglyQuestions
What was RPC's revenue in 2025?
$297M in fiscal 2025, from its 10-K filing.
How much free cash flow does RPC generate?
$18M in fiscal 2025 (operating cash flow minus capital spending).
From RPC's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.