ProFrac Holding Corp.
ProFrac Holding Corp.
ProFrac Holding Corp. (ACDC) — SEC Financial Statements & Analysis
ProFrac Holding Corp. (ACDC) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Related Party | 1 | - | 1 | 0 | 0 | - | 13 | 0 | 0 | - | 0 | - | |||||
Assets | |||||||||||||||||
Income Taxes Receivable | - | - | - | - | - | - | - | - | - | 0 | - | - | |||||
Cash And Cash Equivalents At Carrying Value | 34 | 23 | 58 | 26 | 16 | 15 | 26 | 24 | 28 | 25 | 25 | 27 | |||||
Accounts Receivable Related Parties Current | - | - | - | - | - | - | - | - | - | - | - | 6 | |||||
Assets Current | |||||||||||||||||
Accounts Receivable Net Current | 319 | 267 | 269 | 334 | 406 | 313 | 358 | 379 | 382 | 346 | 332 | 461 | |||||
Assets Current | 534 | 484 | 541 | 580 | 670 | 574 | 680 | 704 | 665 | 0 | 679 | 829 | |||||
Inventory Net | 159 | 151 | 167 | 181 | 200 | 201 | 239 | 259 | 220 | 237 | 272 | 305 | |||||
Prepaid Expense And Other Assets Current | 17 | 23 | 28 | 21 | 30 | 29 | 45 | 31 | 23 | 23 | 43 | 31 | |||||
Investments In Affiliates Subsidiaries Associates … | - | - | - | - | - | - | - | - | - | 1,340 | - | - | |||||
Property Plant And Equipment Net | 1,413 | 1,464 | 1,568 | 1,636 | 1,714 | 1,761 | 1,825 | 1,867 | 1,690 | 1,779 | 1,845 | 1,912 | |||||
Operating Lease Right Of Use Asset | 140 | 154 | 132 | 138 | 152 | 159 | 127 | 103 | 78 | 87 | 94 | 102 | |||||
Goodwill | 290 | 290 | 301 | 301 | 301 | 302 | 302 | 301 | 342 | 326 | 323 | 321 | |||||
Intangible Assets Net Excluding Goodwill | 103 | 112 | 121 | 130 | 140 | 149 | 158 | 160 | 165 | 174 | 182 | 191 | |||||
Deferred Income Tax Assets Net | 28 | 29 | 30 | - | - | 0 | 0 | 0 | 0 | 0 | - | - | |||||
Long Term Investments | - | - | - | - | - | 8 | 8 | 8 | 30 | 29 | 43 | 48 | |||||
Other Assets Noncurrent | 42 | 40 | 49 | 45 | 45 | 43 | 36 | 21 | 37 | 38 | 56 | 47 | |||||
Assets | 2,551 | 2,573 | 2,742 | 2,831 | 3,021 | 2,988 | 3,136 | 3,164 | 3,007 | 1,341 | 3,222 | 3,451 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Accounts Payable Related Parties Current | - | - | - | - | - | - | - | - | - | - | - | 34 | |||||
Accounts Payable Current | 296 | 257 | 277 | 336 | 352 | 324 | 356 | 335 | 282 | 319 | 341 | 425 | |||||
Accrued Liabilities Current | 71 | 74 | 81 | 77 | 75 | 67 | 76 | 94 | 89 | 66 | 113 | 125 | |||||
Liabilities Current | |||||||||||||||||
Liabilities Current | 651 | 597 | 596 | 640 | 685 | 660 | 715 | 700 | 624 | 3 | 704 | 838 | |||||
Long Term Debt Current | 151 | 145 | 154 | 131 | 147 | 160 | 172 | 174 | 136 | 126 | 123 | 114 | |||||
Operating Lease Liability Current | 43 | 45 | 27 | 27 | 27 | 26 | 20 | 15 | 20 | 25 | 31 | 37 | |||||
Due To Other Related Parties Classified Current | - | - | - | - | - | - | - | - | - | - | - | 36 | |||||
Other Liabilities Current | 32 | 29 | 30 | 33 | 36 | 57 | 62 | 56 | 64 | 84 | 71 | - | |||||
Long Term Debt | 867 | 833 | 907 | 942 | 968 | 936 | 987 | 1,009 | 895 | 924 | 902 | 1,020 | |||||
Due To Related Parties Noncurrent | - | - | - | - | - | - | - | - | - | - | - | 35 | |||||
Operating Lease Liability Noncurrent | 103 | 116 | 110 | 117 | 130 | 137 | 113 | 94 | 63 | 68 | 68 | 70 | |||||
Deferred Income Tax Liabilities Net | 12 | 12 | 11 | 15 | 15 | 15 | - | - | - | - | 79 | 78 | |||||
Other Liabilities Noncurrent | 9 | 10 | 10 | 10 | 9 | 9 | 9 | 8 | 10 | 15 | 75 | 85 | |||||
Liabilities | 1,766 | 1,692 | 1,721 | 1,812 | 1,897 | 1,849 | 1,906 | 1,891 | 1,673 | 71 | 1,860 | 2,125 | |||||
Temporary Equity | |||||||||||||||||
Temporary Equity Carrying Amount Attributable To P… | 70 | 69 | 67 | 66 | 65 | 64 | 62 | 61 | 60 | 59 | 58 | - | |||||
Additional Paid In Capital | 1,311 | 1,326 | 1,326 | 1,236 | 1,241 | 1,241 | 1,230 | 1,229 | 1,227 | 1,225 | 1,171 | 1,167 | |||||
Stockholders Equity | |||||||||||||||||
Stockholders Equity | 617 | 718 | 954 | 876 | 988 | 1,007 | 1,167 | 1,147 | 1,274 | 1,211 | 1,304 | 1,279 | |||||
Retained Earnings Accumulated Deficit | -695 | -610 | -466 | -362 | -255 | -236 | -130 | -83 | -15 | -16 | 78 | 111 | |||||
Minority Interest | 97 | 94 | 92 | 77 | 71 | 69 | 66 | 64 | 60 | 59 | 54 | 47 | |||||
Liabilities And Stockholders Equity | 2,551 | 2,573 | 2,742 | 2,831 | 3,021 | 2,988 | 3,136 | 3,164 | 3,007 | 1,341 | 3,222 | 3,451 | |||||
Series A Preferred Stock | 70 | - | - | - | - | - | - | - | - | 0 | 0 | - | |||||
Series A Redeemable Convertible Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | |||||
Common Class A | 0 | 1 | 21 | -160 | 160 | 0 | 0 | 1 | 160 | 0 | 0 | 105 | |||||
Common Class B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -104 | |||||
Variable Interest Entity Primary Beneficiary | 6 | 6 | - | - | - | 4 | - | - | - | - | - | - | |||||
Allowance For Doubtful Accounts Receivable Current | 14 | 15 | - | - | - | 3 | - | - | - | - | - | - | |||||
Accumulated Depreciation Depletion And Amortizatio… | 1,631 | 1,582 | 1,521 | 1,450 | 1,387 | 1,312 | 1,263 | 1,184 | 1,084 | 1,010 | - | - | |||||
Investments Fair Value Disclosure | - | - | - | - | - | - | - | - | 25 | 23 | 38 | - | |||||
Preferred Stock No Par Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -8.26% | -12.46% | - | - | - | - | - | - | - | - | - | - |
| 2025 | 97.63% | 91.71% | 82.94% | -34.64% | -38.40% | -29.58% | 5.60% | 0.62% | 29.76% | -4.25% | 15.28% | -3.78% |
| 2024 | 21.16% | -6.68% | 5.16% | 18.72% | 15.94% | 2.43% | 21.58% | -1.74% | 13.94% | -30.08% | -33.74% | 13.01% |
| 2023 | 17.62% | 6.29% | 18.00% | -1.60% | -3.37% | -16.43% | 5.66% | 6.67% | -2.77% | 13.13% | -12.12% | 21.46% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.82 | 0.81 | 0.91 | 0.91 | 0.98 | 0.87 | 0.95 | 1.01 | 1.07 | 0.14 | 0.96 | 0.99 | |||||
| Quick Ratio | 0.55 | 0.52 | 0.58 | 0.59 | 0.64 | 0.52 | 0.55 | 0.59 | 0.68 | -92.68 | 0.52 | 0.59 | |||||
| Working Capital | -117.00M | -113.90M | -54.30M | -59.80M | -14.70M | -85.90M | -34.50M | 4.00M | 41.00M | -2.40M | -25.00M | -8.90M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 2.47 | 2.08 | 1.80 | 1.90 | 1.79 | 1.72 | 1.63 | 1.56 | 1.31 | 0.06 | 1.43 | 1.66 | |||||
| Interest Coverage TTM | -2.12 | -1.63 | -1.14 | -0.59 | -0.54 | -0.39 | -0.18 | -0.02 | 0.63 | 1.08 | 2.24 | 4.00 | |||||
| Debt Ratio | 0.69 | 0.66 | 0.63 | 0.64 | 0.63 | 0.62 | 0.61 | 0.60 | 0.56 | 0.05 | 0.58 | 0.62 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.64 | 0.70 | 0.67 | 0.71 | 0.73 | 1.01 | 0.70 | 0.67 | 0.71 | 2.01 | 1.13 | 1.20 | |||||
| Days Sales Outstanding TTM | 73.83 | 54.46 | 58.41 | 60.99 | 65.05 | 54.88 | 56.63 | 68.87 | 75.58 | 61.18 | 51.84 | 54.05 | |||||
| Receivables Turnover TTM | 4.94 | 6.70 | 6.25 | 5.98 | 5.61 | 6.65 | 6.45 | 5.30 | 4.83 | 5.97 | 7.04 | 6.75 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -2.40 | -2.22 | -1.87 | -1.68 | -1.43 | -1.30 | -1.57 | -1.41 | -1.03 | -0.82 | 1.12 | 2.25 | |||||
| Free Cash Flow Per Share TTM | 0.01 | 0.12 | 0.12 | 0.51 | 0.50 | 0.70 | -2.75 | -2.49 | -2.47 | -2.01 | 2.00 | 1.99 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 22.42% | 25.09% | 25.72% | 28.60% | 30.27% | 31.76% | 32.58% | 33.17% | 33.39% | 33.84% | 36.34% | 38.40% | |||||
| Operating Profit Margin TTM | -16.09% | -11.63% | -8.36% | -4.19% | -3.81% | -2.76% | -1.25% | -0.14% | 4.24% | 6.33% | 10.43% | 14.73% | |||||
| Net Profit Margin TTM | -24.36% | -19.28% | -16.27% | -12.66% | -10.39% | -9.48% | -11.27% | -10.13% | -6.98% | -4.09% | 6.06% | 10.96% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -18.94% | -11.37% | -11.92% | -4.14% | -6.13% | -16.70% | -24.18% | -27.25% | -19.88% | 8.43% | - | - | |||||
| Net Income Growth (1Y) | 90.03% | 80.13% | 27.06% | 19.80% | 39.74% | 93.30% | -240.96% | -167.22% | -140.35% | -128.97% | - | - | |||||
| EPS Growth (1Y) | 67.26% | 71.13% | 19.10% | 19.65% | 39.13% | 58.24% | -240.35% | -162.51% | -141.36% | -129.41% | - | - | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -2.59 | -1.75 | -1.98 | -4.61 | -5.30 | -5.97 | -4.33 | -5.26 | -8.12 | -10.33 | 9.74 | 4.95 | |||||
| P/B | 1.58 | 0.81 | 0.66 | 1.31 | 1.15 | 1.15 | 0.93 | 0.98 | 1.05 | 0.92 | 1.33 | 1.30 | |||||
| P/S TTM | 0.63 | 0.34 | 0.32 | 0.58 | 0.55 | 0.57 | 0.49 | 0.53 | 0.57 | 0.42 | 0.59 | 0.54 | |||||
| Market Cap | 1.13B | 654.69M | 631.96M | 1.24B | 1.22B | 1.24B | 1.09B | 1.19B | 1.33B | 1.11B | 1.73B | 1.66B | |||||
| Enterprise Value | 1.96B | 1.46B | 1.48B | 2.16B | 2.17B | 2.16B | 2.05B | 2.17B | 2.20B | 2.01B | 2.61B | 2.65B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 2.00M | 19.60M | 20.00M | 81.60M | 79.30M | 112.30M | -440.60M | -397.80M | -393.80M | -262.70M | 318.80M | 296.50M | |||||
| Net Debt | 833.20M | 809.80M | 849.00M | 915.90M | 951.90M | 921.30M | 961.20M | 984.90M | 866.80M | 898.20M | 876.30M | 992.00M | |||||
Per-Share and Margin | |||||||||||||||||
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| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
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| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
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| Net Debt to Equity | |||||||||||||||||
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| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
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| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
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| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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