ProFrac Holding Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,960	2,191	2,630	2,426	768.4	547.7
Revenue Growth (YoY)	-11.92%	-16.70%	8.43%	215.67%	40.30%	-35.39%
Cost of Revenue	1,456	1,495	1,740	1,457	570.1	427
Gross Profit	504.2	695.8	889.9	968.8	198.3	120.7
Selling, General & Admin	196	204.6	233.6	225	64.2	48.2
Other Operating Expenses	21.1	13.5	0.1	1.9	-1.2	8.4
Operating Expenses	644.1	660.3	672.1	494.2	203.7	207.3
Operating Income	-139.9	35.5	217.8	474.6	-5.4	-86.6
Interest Expense	-144.3	-156.6	-154.9	-59.5	-25.8	-23.3
Currency Exchange Gain (Loss)	-	-	-	-	-0.2	-
Other Non Operating Income (Expenses)	-2.4	3	-6	16.5	0.6	0.3
EBT Excluding Unusual Items	-286.6	-118.1	56.9	431.6	-30.8	-109.6
Merger & Restructuring Charges	-2.9	-7.8	-21.8	-48.8	-2.1	-
Impairment of Goodwill	-	-74.5	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-30.2	-	-	-
Gain (Loss) on Sale of Assets	-16.9	-0.3	1.7	-2.1	-9.8	-8.4
Asset Writedown	-	-	-2.5	-	-	-
Legal Settlements	-8.1	-15.7	-34.1	-11.3	-	-
Other Unusual Items	-1.5	-3.3	-28	-91.2	41.4	-
Pretax Income	-314.3	-214.8	-58	278.2	-1.3	-118
Income Tax Expense	2.4	-7	1.2	9.1	-0.2	0.5
Earnings From Continuing Operations	-316.7	-207.8	-59.2	269.1	-1.1	-118.5
Minority Interest in Earnings	-14.7	-7.3	-38.5	-177.6	1.1	1.1
Net Income	-331.4	-215.1	-97.7	91.5	-	-117.4
Preferred Dividends & Other Adjustments	5.1	4.8	9.8	-	-	-117.4
Net Income to Common	-336.5	-219.9	-107.5	91.5	-	-
Shares Outstanding (Basic)	163	160	131	44	-	-
Shares Outstanding (Diluted)	163	160	131	45	-	-
Shares Change (YoY)	1.86%	22.15%	194.16%	-	-	-
EPS (Basic)	-2.07	-1.38	-0.82	2.07	-	-
EPS (Diluted)	-2.08	-1.38	-0.82	2.06	-	-
Free Cash Flow	20	112.3	286.5	59	-43.5	-2.9
Free Cash Flow Per Share	0.12	0.70	2.19	1.33	-	-
Gross Margin	25.72%	31.76%	33.84%	39.94%	25.81%	22.04%
Operating Margin	-7.14%	1.62%	8.28%	19.57%	-0.70%	-15.81%
Profit Margin	-17.17%	-10.04%	-4.09%	3.77%	-	-
Free Cash Flow Margin	1.02%	5.13%	10.89%	2.43%	-5.66%	-0.53%
EBITDA	287.1	477.7	656.2	741.9	135.3	64.1
EBITDA Margin	14.65%	21.80%	24.95%	30.59%	17.61%	11.70%
D&A For EBITDA	427	442.2	438.4	267.3	140.7	150.7
EBIT	-139.9	35.5	217.8	474.6	-5.4	-86.6
EBIT Margin	-7.14%	1.62%	8.28%	19.57%	-0.70%	-15.81%
Effective Tax Rate	-	-	-	3.27%	-	-
Revenue as Reported	1,960	2,191	2,630	2,426	768.4	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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