Profrac Holding Corp. income statement
In fiscal 2025, Profrac Holding Corp. reported revenue of $1.94bn, down 11.4% on the year before, operating income of −$226m (a -11.6% margin) and net income of −$369m, or −$2.22 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 548 | 768 | 2,426 | 2,630 | 2,191 | 1,942 | 1,787 |
| Cost of revenue | 548 | 768 | 2,426 | — | — | — | — |
| Gross profit | 0 | 0 | 0 | — | — | — | — |
| Selling, general and administrative | 48 | 64 | 225 | 234 | 205 | 191 | 173 |
| Operating income | −95 | −18 | 412 | 167 | −60 | −226 | −268 |
| Interest expense | 23 | 26 | 60 | 155 | 157 | 139 | 134 |
| Income before tax | −118 | −44 | 352 | −58 | −215 | −368 | −401 |
| Income tax | 1 | −0 | 9 | 1 | −7 | −13 | −12 |
| Net income | −119 | −42 | 92 | −98 | −215 | −369 | −407 |
| Diluted EPS | — | — | $0.69 | −$0.82 | −$1.38 | −$2.22 | −$2.27 |
| Diluted shares (average) | — | — | 134m | 131m | 160m | 168m | 179m |
| EBITDA | 56 | 123 | 680 | 605 | 382 | 191 | 132 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 575 | 455 | 600 | 502 | 403 | 437 | 450 | 498 |
| Selling, general and administrative | 52 | 48 | 54 | 51 | 43 | 43 | 44 | 44 |
| Operating income | −4 | −47 | 16 | −58 | −79 | −105 | −46 | −38 |
| Interest expense | 41 | 39 | 36 | 35 | 35 | 33 | 33 | 33 |
| Income before tax | −45 | −84 | −15 | −103 | −113 | −138 | −79 | −71 |
| Income tax | −2 | 18 | 0 | 4 | −20 | 3 | 2 | 4 |
| Net income | −45 | −105 | −18 | −108 | −101 | −143 | −84 | −80 |
| Diluted EPS | −$0.29 | −$0.67 | −$0.12 | −$0.68 | −$0.60 | −$0.81 | −$0.47 | −$0.45 |
| EBITDA | 108 | 67 | 122 | 47 | 24 | −2 | 51 | 59 |
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