ProFrac Holding Corp.

For the period ended Sep 30, 2025. Filed Nov 10, 2025.

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.

Sep 30, 2025 · Filed Nov 10, 2025

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

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Contents

Condensed Consolidated Balance Sheets

(in millions, except per share amounts or where otherwise noted)

	September 30,2025	December 31,2024
ASSETS
Current assets:
Cash and cash equivalents	$58.0	$14.8
Accounts receivable, net	269.1	312.7
Accounts receivable — related party, net	19.1	16.1
Inventories	166.7	201.1
Prepaid expenses and other current assets	28.4	29.4
Total current assets	541.3	574.1
Property, plant, and equipment (net of accumulated depreciation of $1,521.0 and $1,312.4, respectively)	1,567.9	1,761.2
Operating lease right-of-use assets, net	131.8	158.6
Goodwill	301.3	302.0
Intangible assets, net	120.8	148.9
Deferred tax assets	30.4	—
Other assets	48.9	43.3
Total assets	$2,742.4	$2,988.1
LIABILITIES, MEZZANINE EQUITY, AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$276.6	$324.3
Accounts payable — related party	21.5	18.1
Accrued expenses	80.9	67.2
Current portion of long-term debt	153.6	159.6
Current portion of long-term debt— related party	5.0	5.0
Current portion of operating lease liabilities	27.4	26.0
Other current liabilities	29.7	56.6
Other current liabilities — related party	0.9	3.2
Total current liabilities	595.6	660.0
Long-term debt	907.0	936.1
Long-term debt — related party	4.6	8.3
Operating lease liabilities	109.9	137.1
Deferred tax liabilities	11.2	14.9
Tax receivable agreement liability	82.9	82.9
Other liabilities	9.9	9.2
Total liabilities	1,721.1	1,848.5
Commitments and contingencies (NOTE 10)
Mezzanine equity:
Series A redeemable convertible preferred stock, $0.01 par value, 50 thousand shares authorized, issued and outstanding	67.4	63.5
Stockholders' equity:
Preferred stock, $0.01 par value, 50.0 shares authorized, no shares issued and outstanding	—	—
Class A common stock, $0.01 par value, 600.0 shares authorized, 180.8 and 160.2 shares issued and outstanding, respectively	1.8	1.5
Class B common stock, $0.01 par value, 400.0 shares authorized, no shares issued and outstanding	—	—
Additional paid-in capital	1,326.4	1,241.2
Accumulated deficit	(466.2)	(235.9)
Accumulated other comprehensive income	—	0.1
Total stockholders' equity attributable to ProFrac Holding Corp.	862.0	1,006.9
Noncontrolling interests	91.9	69.2
Total stockholders' equity	953.9	1,076.1
Total liabilities, mezzanine equity, and stockholders' equity	$2,742.4	$2,988.1

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.