ProFrac Holding Corp. (ACDC)

ProFrac Holding Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,210	2,191	2,630	2,426	768.4	547.7
Revenue Growth (YoY)	-6.13%	-16.70%	8.43%	215.67%	40.30%	-35.39%
Cost of Revenue	1,541	1,495	1,740	1,457	570.1	427
Gross Profit	668.9	695.8	889.9	968.8	198.3	120.7
Selling, General & Admin	207.6	204.6	233.6	225	64.2	48.2
Other Operating Expenses	13.5	13.5	0.1	1.9	-1.2	8.4
Operating Expenses	656.5	660.3	672.1	494.2	203.7	207.3
Operating Income	12.4	35.5	217.8	474.6	-5.4	-86.6
Interest Expense	-154.9	-156.6	-154.9	-59.5	-25.8	-23.3
Currency Exchange Gain (Loss)	-	-	-	-	-0.2	-
Other Non Operating Income (Expenses)	6	3	-6	16.5	0.6	0.3
EBT Excluding Unusual Items	-136.5	-118.1	56.9	431.6	-30.8	-109.6
Merger & Restructuring Charges	-7.7	-7.8	-21.8	-48.8	-2.1	-
Impairment of Goodwill	-74.5	-74.5	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-30.2	-	-	-
Gain (Loss) on Sale of Assets	-5.1	-0.3	1.7	-2.1	-9.8	-8.4
Asset Writedown	-	-	-2.5	-	-	-
Legal Settlements	-12.5	-15.7	-34.1	-11.3	-	-
Other Unusual Items	-1.8	-3.3	-28	-91.2	41.4	-
Pretax Income	-233.2	-214.8	-58	278.2	-1.3	-118
Income Tax Expense	-7	-7	1.2	9.1	-0.2	0.5
Earnings From Continuing Operations	-226.2	-207.8	-59.2	269.1	-1.1	-118.5
Minority Interest in Earnings	-8.2	-7.3	-38.5	-177.6	1.1	1.1
Net Income	-234.4	-215.1	-97.7	91.5	-	-117.4
Preferred Dividends & Other Adjustments	4.9	4.8	9.8	-	-	-117.4
Net Income to Common	-239.3	-219.9	-107.5	91.5	-	-
Shares Outstanding (Basic)	160	160	131	44	-	-
Shares Outstanding (Diluted)	160	160	131	45	-	-
Shares Change (YoY)	1.86%	22.15%	194.16%	-	-	-
EPS (Basic)	-1.49	-1.38	-0.82	2.07	-	-
EPS (Diluted)	-1.50	-1.38	-0.82	2.06	-	-
Free Cash Flow	79.3	112.3	286.5	59	-43.5	-2.9
Free Cash Flow Per Share	0.49	0.70	2.19	1.33	-	-
Gross Margin	30.27%	31.76%	33.84%	39.94%	25.81%	22.04%
Operating Margin	0.56%	1.62%	8.28%	19.57%	-0.70%	-15.81%
Profit Margin	-10.83%	-10.04%	-4.09%	3.77%	-	-
Free Cash Flow Margin	3.59%	5.13%	10.89%	2.43%	-5.66%	-0.53%
EBITDA	447.8	477.7	656.2	741.9	135.3	64.1
EBITDA Margin	20.27%	21.80%	24.95%	30.59%	17.61%	11.70%
D&A For EBITDA	435.4	442.2	438.4	267.3	140.7	150.7
EBIT	12.4	35.5	217.8	474.6	-5.4	-86.6
EBIT Margin	0.56%	1.62%	8.28%	19.57%	-0.70%	-15.81%
Effective Tax Rate	-	-	-	3.27%	-	-
Revenue as Reported	2,210	2,191	2,630	2,426	768.4	-

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q