Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Operations

v3.25.0.1
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues $ 2,190.9 $ 2,630.0 $ 2,425.6
Operating costs and expenses:      
Cost of revenues, exclusive of depreciation, depletion and amortization 1,495.1 1,740.1 1,456.8
Selling, general, and administrative 204.6 233.6 225.0
Depreciation, depletion and amortization 442.2 438.4 267.3
Acquisition and integration costs 7.8 21.8 48.8
Goodwill impairment 74.5    
Other operating expense, net 27.1 29.5 15.3
Total operating costs and expenses 2,251.3 2,463.4 2,013.2
Operating income (loss) (60.4) 166.6 412.4
Other income (expense):      
Interest expense, net (156.6) (154.9) (59.5)
Loss on extinguishment of debt (0.8) (33.5) (17.6)
Other income (expense), net 3.0 (36.2) 16.5
Income (loss) before income taxes (214.8) (58.0) 351.8
Income tax benefit (expense) 7.0 (1.2) (9.1)
Net income (loss) (207.8) (59.2) 342.7
Less: net income attributable to ProFrac Predecessor 0.0   (73.6)
Less: net (income) loss attributable to noncontrolling interests (7.3) 3.3 28.4
Less: net income attributable to redeemable noncontrolling interests 0.0 (41.8) (206.0)
Net income (loss) attributable to ProFrac Holding Corp. (215.1) (97.7) 91.5
Net income (loss) attributable to Class A common shareholders $ (219.9) $ (107.5) $ 91.5
Basic (Loss) earnings per Class A share $ (1.38) $ (0.82) $ 2.06
Diluted (Loss) earnings per Class A share $ (1.38) $ (0.82) $ 2.06
Weighted average Class A common shares outstanding, basic 159.9 130.9 44.3
Weighted average Class A common shares outstanding, diluted 159.9 130.9 44.5
Services      
Revenues $ 1,886.7 $ 2,274.2 $ 2,341.5
Product Sales      
Revenues $ 304.2 $ 355.8 $ 84.1