ProFrac Holding Corp

For the period ended Mar 31, 2024. Filed May 10, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 10, 2024

ACDC$3.42+13.8%Stored close · as of Nov 9, 2026

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Contents

Condensed Consolidated Statements of Operations

(in millions, except per share amounts)

	Three Months EndedMarch 31,
	2024	2023
Revenues:
Services	$505.4	$786.7
Product sales	76.1	70.8
Total revenues	581.5	857.5
Operating costs and expenses:
Cost of revenues, exclusive of depreciation, depletion and amortization	373.7	545.9
Selling, general, and administrative	50.6	77.9
Depreciation, depletion and amortization	112.8	110.3
Acquisition and integration costs	0.2	12.3
Other operating expense, net	4.3	4.4
Total operating costs and expenses	541.6	750.8
Operating income	39.9	106.7
Other income (expense):
Interest expense, net	(37.6)	(34.9)
Gain (loss) on extinguishment of debt	(0.8)	4.1
Other income (expense), net	1.8	(9.4)
Income before income taxes	3.3	66.5
Income tax expense	(0.3)	(6.7)
Net income	3.0	59.8
Less: net loss attributable to ProFrac Predecessor	—	—
Less: net (income) loss attributable to noncontrolling interests	(1.2)	4.2
Less: net income attributable to redeemable noncontrolling interests	—	(42.0)
Net income attributable to ProFrac Holding Corp.	$1.8	$22.0
Net income attributable to Class A common shareholders	$0.6	$22.0
Earnings per Class A common share (basic and diluted)	$0.00	$0.40
Weighted average Class A common shares outstanding:
Basic	159.5	54.5
Diluted	159.8	54.9

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.