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RPC RES Contract Liabilities

Contract Liabilities at other companies

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Patterson-UTI EnergyPTEN
$200K-50.0%
Ranger Energy Services logo
Ranger Energy ServicesRNGR
$12.9M
Forum Energy Technologies logo
Forum Energy TechnologiesFET
$28.71M+93.8%
Weatherford International logo
Weatherford InternationalWFRD
$2M0.0%
Texas Pacific Land logo
Texas Pacific LandTPL
$18.04M-15.0%
TETRA Technologies logo
TETRA TechnologiesTTI
$11M

Other financials

Income statement

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Revenue$454.8M+36.6%
Gross profit$99.2M+11.4%
Operating income$2.6M-78.8%
Net income$855.0K-92.9%
EPS (diluted)$0.00-100%

Balance sheet

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Cash & equivalents$200.7M-38.6%
Total debt$53.7M+98.0%
Total equity$1.1B+1.4%
Total assets$1.5B+10.0%

Cash flow

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Operating cash flow$31.2M-21.8%
CapEx$32.1M-0.5%
Free cash flow-$932.0K-112%

Valuation

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Market cap$1.36B+37.9%
Enterprise value$1.22B+37.7%
P/E56.9×+38.5×
P/S0.8×+0.1×

Profitability

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Gross margin23.1%-3.6pp
Operating margin2.2%-3.4pp
Net margin1.4%-4.2pp
FCF margin2.5%-7.2pp

Returns & leverage

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Return on equity2.2%-5.0pp
Debt / equity0.0×
Current ratio3.1×-1.8×

Where this comes from

Reported directly by RPC in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The source filing: RPC’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 2:20 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-057794
ASSETSMarch 31, 2026 / (Unaudited)December 31, 2025 / (Note 1)
Accrued insurance expenses8,4387,194
Accrued state, local and other taxes5,1013,543
Income taxes payable881787
Unearned revenue13,233
Current portion of operating lease liabilities6,4087,606
Current portion of finance lease liabilities and finance obligations1,018977
Current portion of notes payable20,00020,000
Accrued expenses and other liabilities5,3975,419

Item 1. Financial Statements (Unaudited)

FAQ

What is RPC's contract liabilities?
RPC (RES) reported contract liabilities of $13.23M in Q4 2025.
How has RPC's contract liabilities changed year-over-year?
RPC's contract liabilities decreased by 70.8% year-over-year, from $45.38M to $13.23M.
What does contract liabilities mean?
Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

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