ProFrac Holding Corp. (ACDC) Financial Statements
Industry: Oil & Gas Field Services (Other)
In fiscal 2025, ProFrac reported revenue of $1.94B, down 11.4% from $2.19B the year before. Net income was -$369.0M (a -19.0% net margin), or -$2.22 per diluted share. Gross margin was -11.6% and operating margin was -11.6%. Operating activities generated $189.5M of cash, leaving $19.6M of free cash flow. At fiscal year end, ProFrac held $2.57B in total assets against $1.69B in total liabilities, including $22.9M of cash and equivalents.
Open the full interactive ProFrac financials → Quarterly statements, key ratios, valuation history and price charts.
ProFrac Key Stats
| Share Price | $4.56 |
|---|---|
| Market Cap | $829.9M |
| Revenue YoY Growth | -11.4% |
| 52-Week Range | $3.19 – $8.06 |
| Shares Outstanding | 182.0 million (basic, 2026 Q2) |
ProFrac Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $2.43B | $2.63B | $2.19B | $1.94B |
| Cost of Goods Sold | $2.43B | $2.46B | $2.25B | $2.17B |
| Gross Profit | $0 | $166.6M | -$60.4M | -$225.8M |
| Operating Income | $412.4M | $166.6M | -$60.4M | -$225.8M |
| Pre-Tax Income | $351.8M | -$58.0M | -$214.8M | -$368.4M |
| Income Tax | $9.1M | $1.2M | -$7.0M | -$12.9M |
| Net Income | $91.5M | -$97.7M | -$215.1M | -$369.0M |
| Diluted EPS | $2.06 | -$0.82 | -$1.38 | -$2.22 |
ProFrac Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $403.1M | $436.5M | $449.6M | $498.1M |
| Net Income | -$100.9M | -$144.7M | -$83.5M | -$79.7M |
| Diluted EPS | -$0.60 | -$0.86 | -$0.47 | -$0.45 |
ProFrac Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash & Equivalents | $35.1M | $25.3M | $14.8M | $22.9M |
| Current Assets | $865.4M | $638.1M | $574.1M | $483.5M |
| Total Assets | $2.93B | $3.07B | $2.99B | $2.57B |
| Current Liabilities | $668.1M | $648.9M | $660.0M | $597.4M |
| Total Long-Term Debt | $925.4M | $1.07B | $1.11B | $1.02B |
| Total Liabilities | $1.58B | $1.74B | $1.85B | $1.69B |
| Shareholders' Equity | -$1.18B | $1.21B | $1.01B | $717.5M |
ProFrac Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash From Operations | $415.2M | $553.5M | $367.3M | $189.5M |
| Cash From Investing | -$1.03B | -$715.8M | -$372.3M | -$163.7M |
| Cash From Financing | $645.9M | $149.7M | -$5.5M | -$17.7M |
| Free Cash Flow | $59.0M | $286.5M | $112.3M | $19.6M |
Figures from ProFrac's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full ProFrac financials page for every line item.
ProFrac Company Profile
| Ticker | ACDC |
|---|---|
| Exchange | Nasdaq |
| Industry | Oil & Gas Field Services (Other) |
| Headquarters | Willow Park, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0001881487 |
Frequently Asked Questions
What was ProFrac's revenue in fiscal 2025?
ProFrac (ACDC) reported revenue of $1.94B for fiscal 2025.
What is ProFrac's annual revenue history?
ProFrac's annual revenue by fiscal year: 2022: $2.43B; 2023: $2.63B; 2024: $2.19B; 2025: $1.94B.
What was ProFrac's net income in fiscal 2025?
ProFrac reported net income of -$369.0M for fiscal 2025.
What was ProFrac's earnings per share (EPS) in fiscal 2025?
ProFrac's diluted EPS was -$2.22 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did ProFrac generate in fiscal 2025?
ProFrac generated $19.6M of free cash flow in fiscal 2025.
What was ProFrac's revenue last quarter?
In its most recent reported quarter (2026 Q2), ProFrac reported revenue of $498.1M.
How much debt does ProFrac have?
ProFrac reported $1.02B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of ProFrac are outstanding?
ProFrac reported a weighted average of 182.0 million basic shares outstanding in 2026 Q2.
What is ProFrac's market cap?
Based on its latest closing price, ProFrac (ACDC) has a market capitalization of about $829.9M.
When does ProFrac's fiscal year end?
ProFrac's fiscal year end, as registered with the SEC, is December 31.
Where is ProFrac headquartered?
ProFrac lists its business address in Willow Park, Texas in its SEC filings.