ProFrac Holding Corp.
For the period ended Sep 30, 2025. Filed Nov 10, 2025.
View on SEC.govAbout 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
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Changes in Equity
| Class A Common Stock · AdditionalPaid-in · Accumulated · AccumulatedOtherComprehensive · Noncontrolling · Total Stockholders' | |||||||
|---|---|---|---|---|---|---|---|
| Shares | Amount | Capital | Deficit | Income | Interests | Equity | |
| Balance, December 31, 2024 | 160.2 | $1.5 | $1,241.2 | $(235.9) | $0.1 | $69.2 | $1,076.1 |
| Net income (loss) | — | — | — | (17.5) | — | 2.1 | (15.4) |
| Stock-based compensation | — | — | 0.9 | — | — | 0.2 | 1.1 |
| Class A shares issued for vested stock awards | 0.1 | — | — | — | — | — | — |
| Cash settlement of vested stock awards | (0.1) | — | (1.0) | — | — | — | (1.0) |
| Foreign currency translation adjustments | — | — | — | — | 0.1 | — | 0.1 |
| Purchase of noncontrolling interest | — | — | — | — | — | (0.3) | (0.3) |
| Adjustment of convertible preferred stock to redemption amount | — | — | — | (1.3) | — | — | (1.3) |
| Balance, March 31, 2025 | 160.2 | $1.5 | $1,241.1 | $(254.7) | $0.2 | $71.2 | $1,059.3 |
| Net income (loss) | — | — | — | (108.0) | — | 0.8 | (107.2) |
| Stock-based compensation | — | — | 0.5 | — | — | 0.3 | 0.8 |
| Class A shares issued for vested stock awards | 0.1 | — | — | — | — | — | — |
| Cash settlement of vested stock awards | (0.1) | — | (0.2) | — | — | — | (0.2) |
| Change in Flotek noncontrolling interest | — | — | (5.9) | — | — | 5.9 | — |
| Change in other noncontrolling interest | — | — | 0.4 | — | — | (3.1) | (2.7) |
| Transfer of foreign currency translation of disposed subsidiary | — | — | — | — | (0.2) | — | (0.2) |
| Adjustment of convertible preferred stock to redemption amount | — | — | — | (1.3) | — | — | (1.3) |
| Balance, June 30, 2025 | 160.2 | $1.5 | $1,235.9 | $(364.0) | $— | $75.1 | $948.5 |
| Net income (loss) | — | — | — | (100.9) | — | 8.5 | (92.4) |
| Stock-based compensation | — | — | 0.9 | — | — | 0.2 | 1.1 |
| Subsidiary transactions with noncontrolling interests | — | — | — | — | — | 0.6 | 0.6 |
| Change in Flotek noncontrolling interest | — | — | (0.2) | — | — | 0.2 | — |
| Realization of deferred tax assets from Flotek transaction | — | — | 10.2 | — | — | 7.3 | 17.5 |
| Class A shares issued, net | 20.6 | 0.3 | 78.7 | — | — | — | 79.0 |
| Deemed contribution | — | — | 0.9 | — | — | — | 0.9 |
| Adjustment of convertible preferred stock to redemption amount | — | — | — | (1.3) | — | — | (1.3) |
| Balance, September 30, 2025 | 180.8 | $1.8 | $1,326.4 | $(466.2) | $— | $91.9 | $953.9 |
Condensed Consolidated Statements of Changes in Equity (continued)
| Class A Common Stock · AdditionalPaid-in · Accumulated · AccumulatedOtherComprehensive · Noncontrolling · Total Stockholders' | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Capital · Deficit · Income · Interests · Equity | ||||||||||||
| Balance, December 31, 2023 | 159.4 | $1.5 | $1,225.4 | $(16.0) | $0.3 | $58.7 | 1,269.9 | |||||
| Net income | — | — | — | 1.8 | — | 1.2 | 3.0 | |||||
| Stock-based compensation | — | — | 1.9 | — | — | 0.2 | 2.1 | |||||
| Tax withholding related to net share settlement of equity awards | — | — | (0.1) | — | — | — | (0.1) | |||||
| Share issuance | 0.2 | — | — | — | — | — | — | |||||
| Adjustment of convertible preferred stock to redemption amount | — | — | — | (1.2) | — | — | (1.2) | |||||
| Balance, March 31, 2024 | 159.6 | $1.5 | $1,227.2 | $(15.4) | $0.3 | $60.1 | $1,273.7 | |||||
| Net income (loss) | — | — | — | (66.7) | — | 1.1 | (65.6) | |||||
| Stock-based compensation | — | 2.8 | — | — | 0.1 | 2.9 | ||||||
| Class A shares issued for vested stock awards | 0.8 | — | — | — | — | — | — | |||||
| Tax withholding related to net share settlement of equity awards | (0.2) | — | (1.4) | — | — | — | (1.4) | |||||
| Foreign currency translation adjustments | — | — | — | — | (0.1) | 0.5 | 0.4 | |||||
| Adjustment of Series A redeemable convertible preferred stock to redemption amount | — | — | — | (1.2) | — | — | (1.2) | |||||
| Noncontrolling interest of acquired business | — | — | — | — | — | 2.2 | 2.2 | |||||
| Balance, June 30, 2024 | 160.2 | $1.5 | $1,228.6 | $(83.3) | $0.2 | $64.0 | $1,211.0 | |||||
| Net income (loss) | — | — | — | (45.2) | — | 1.7 | (43.5) | |||||
| Stock-based compensation | — | — | 0.9 | — | — | 0.2 | 1.1 | |||||
| Foreign currency translation adjustments | — | — | — | — | 0.1 | (0.3) | (0.2) | |||||
| Adjustment of Series A preferred stock to redemption amount | — | — | — | (1.2) | — | — | (1.2) | |||||
| Balance, September 30, 2024 | 160.2 | $1.5 | $1,229.5 | $(129.7) | $0.3 | $65.6 | $1,167.2 | |||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.