---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-006359"
form_type: "8-K"
ticker: "RES"
cik: "0000742278"
company_name: "RPC INC"
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T10:05:21.762301+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RPC Q4 net income $87M ($0.40 EPS), revenue $482M, up 4.9% QoQ; EBITDA $135.5M

## Summary
- Revenue $482.0M in Q4 2022, up 4.9% from $459.6M in Q3 2022, driven by improved pricing and utilization.
- Net income $87.0M ($0.40 diluted EPS) vs $69.3M ($0.32) in Q3 2022; adjusted EPS $0.41.
- EBITDA $135.5M, up 19.8% sequentially; cost of revenues improved to 64.0% of revenue from 67.4%.
- Recorded a $2.9M pension settlement charge; pension plan termination expected in Q1 2023.

## SEC filing metadata
- accession: 0001104659-23-006359
- form_type: 8-K
- ticker: RES
- cik: 0000742278
- company_name: RPC INC
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/742278/000110465923006359/0001104659-23-006359-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/742278/000110465923006359/tm234301d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-006359
- JSON: https://secwatch.observer/filing/0001104659-23-006359.json
- Plain text: https://secwatch.observer/filing/0001104659-23-006359.txt

## Key facts
- Earnings Releases
  RPC INC reported the fourth quarter ended December 31, 2022 results: revenue $482.0 million, net income $87.0 million, EPS $0.40 per diluted share.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $482.0 million
  - Net income: $87.0 million
  - EPS: $0.40 per diluted share
  - Result: reported results
  source text: For the quarter ended December 31, 2022, RPC generated revenues of $482.0 million, an increase of 4.9 percent compared to $459.6 million in the third quarter of 2022. The improvement in revenues was driven by improved pricing in most of our service lines and higher equipment utilization supported by a full quarter of operation for our most recently reactivated pressure pumping fleet. Operating profit for the fourth quarter of 2022 was $112.3 million compared to operating profit of $92.2 million in the third quarter of 2022. Net income for the fourth quarter of 2022 was $87.0 million, or $0.40 diluted earnings per share, compared to net income of $69.3 million, or $0.32 diluted earnings per share, in the third quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/742278/000110465923006359/0001104659-23-006359-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.