RPC Inc 1Q 2026: Revenue $454.76M, Net income $855K, EPS $0— 10-Q Summary

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2026.05.08 18:21
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RPC Inc reported its Q1 2026 results, showing revenue of $454.76M, a 36.6% increase from $332.88M a year prior. However, net income dropped to $855K, down 92.9%, with diluted EPS at $0, a 100% decrease. Revenue growth was attributed to higher product sales and improved pricing, alongside a shift towards direct-to-consumer sales. Increased marketing efforts enhanced brand awareness. RPC also expanded production capacity and upgraded automation, with management anticipating further margin improvements in future quarters.