Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations (Unaudited)

v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues $ 501.9 $ 579.4 $ 1,102.2 $ 1,160.9
Operating costs and expenses:        
Cost of revenues, exclusive of depreciation, depletion and amortization 374.7 393.1 794.1 766.8
Selling, general, and administrative 51.4 54.1 105.0 104.7
Depreciation, depletion and amortization 104.7 103.4 210.7 216.2
Acquisition and integration costs 0.1 2.9 0.2 3.1
Goodwill impairment   67.7   67.7
Other operating expense, net 25.3 7.4 30.5 11.7
Total operating costs and expenses 556.2 628.6 1,140.5 1,170.2
Operating loss (54.3) (49.2) (38.3) (9.3)
Other income (expense):        
Interest expense, net (35.1) (39.6) (71.0) (77.2)
Loss on extinguishment of debt       (0.8)
Other income (expense), net (9.7) (0.5) (4.9) 1.3
Loss before income taxes (99.1) (89.3) (114.2) (86.0)
Income tax benefit (expense) (4.4) 23.7 (4.7) 23.4
Net loss (103.5) (65.6) (118.9) (62.6)
Less: net income attributable to noncontrolling interests (2.4) (1.1) (4.5) (2.3)
Net loss attributable to ProFrac Holding Corp. (105.9) (66.7) (123.4) (64.9)
Net loss attributable to Class A common shareholders $ (107.2) $ (67.9) $ (126.0) $ (67.3)
Basic Loss per Class A share $ (0.67) $ (0.42) $ (0.79) $ (0.42)
Diluted Loss per Class A share $ (0.67) $ (0.42) $ (0.79) $ (0.42)
Weighted average Class A common shares outstanding, basic 160.2 160.0 160.2 159.7
Weighted average Class A common shares outstanding, diluted 160.2 160.0 160.2 159.7
Services        
Revenues $ 432.0 $ 492.9 $ 955.9 $ 998.3
Product Sales        
Revenues $ 69.9 $ 86.5 $ 146.3 $ 162.6