Document and Entity Information - USD ($) |
12 Months Ended | ||
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Dec. 31, 2024 |
Mar. 03, 2025 |
Jun. 28, 2024 |
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Document Information [Line Items] | |||
Document Type | 10-K | ||
Amendment Flag | false | ||
Document Period End Date | Dec. 31, 2024 | ||
Document Fiscal Year Focus | 2024 | ||
Document Fiscal Period Focus | FY | ||
Trading Symbol | ACDC | ||
Entity Registrant Name | ProFrac Holding Corp. | ||
Entity Central Index Key | 0001881487 | ||
Current Fiscal Year End Date | --12-31 | ||
Entity Filer Category | Accelerated Filer | ||
Entity Shell Company | false | ||
Entity Small Business | true | ||
Entity Emerging Growth Company | false | ||
Entity Public Float | $ 154,441,917 | ||
Entity Common Stock, Shares Outstanding | 160,178,432 | ||
Entity File Number | 001-41388 | ||
Entity Well-known Seasoned Issuer | No | ||
Entity Voluntary Filers | No | ||
Entity Current Reporting Status | Yes | ||
Entity Tax Identification Number | 87-2424964 | ||
Entity Address, Address Line One | 333 Shops Boulevard | ||
Entity Address, Address Line Two | Suite 301 | ||
Entity Address, City or Town | Willow Park | ||
Entity Address, State or Province | TX | ||
Entity Address, Postal Zip Code | 76087 | ||
City Area Code | 254 | ||
Local Phone Number | 776-3722 | ||
Entity Interactive Data Current | Yes | ||
Title of 12(b) Security | Class A common stock, par value $0.01 per share | ||
Security Exchange Name | NASDAQ | ||
Entity Incorporation, State or Country Code | DE | ||
ICFR Auditor Attestation Flag | true | ||
Document Financial Statement Error Correction [Flag] | false | ||
Document Annual Report | true | ||
Document Transition Report | false | ||
Documents Incorporated by Reference |
DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant’s definitive proxy statement for the 2025 Annual Meeting of Stockholders, which will be filed with the U.S. Securities and Exchange Commission within 120 days after December 31, 2024, are incorporated by reference into Part III of this Annual Report on Form 10-K. |
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Auditor Opinion [Text Block] |
Opinion on the financial statements We have audited the accompanying consolidated balance sheets of ProFrac Holding Corp. (a Delaware corporation) and subsidiaries (the “Company”) as of December 31, 2024 and 2023, the related consolidated statements of operations, comprehensive income (loss), changes in equity, and cash flows for each of the three years in the period ended December 31, 2024, and the related notes and financial statement schedule included under Item 15(a)(2) (collectively referred to as the “consolidated financial statements”). In our opinion, based on our audits and the report of KPMG LLP, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2024, in conformity with accounting principles generally accepted in the United States of America. We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (“PCAOB”), the Company’s internal control over financial reporting as of December 31, 2024, based on criteria established in the 2013 Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”), and our report dated March 10, 2025 expressed an unqualified opinion. We did not audit the consolidated financial statements of Flotek Industries, Inc. and subsidiaries, a consolidated variable interest entity, for the year ended December 31, 2022, which statements reflect total revenues of 2% of the Company’s consolidated total revenues for the year then ended. Those statements were audited by KPMG LLP, whose report has been furnished to us, and our opinion, insofar as it relates to the amounts included for Flotek Industries, Inc. and subsidiaries, is based solely on the report of KPMG LLP. Opinion on the Consolidated Financial Statements We have audited the accompanying consolidated balance sheets of Flotek Industries, Inc. and subsidiaries (the Company) as of December 31, 2022 and 2021, the related consolidated statements of operations, comprehensive loss, cash flows, and stockholders’ equity for each of the years in the two-year period ended December 31, 2022, and the related notes (collectively, the consolidated financial statements). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2022 and 2021, and the results of its operations and its cash flows for each of the years in the two-year period ended December 31, 2022, in conformity with U.S. generally accepted accounting principles. |
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Auditor Name | KPMG LLP | ||
Auditor Firm ID | 185 | ||
Auditor Location | Houston, Texas | ||
GRANT THORNTON LLP | |||
Document Information [Line Items] | |||
Auditor Name | GRANT THORNTON LLP | ||
Auditor Firm ID | 248 | ||
Auditor Location | Dallas, Texas |
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- Details
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