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

Consolidated Statements of Operations

v3.25.4
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues $ 1,941.8 $ 2,190.9 $ 2,630.0
Operating costs and expenses:      
Cost of revenues, exclusive of depreciation, depletion and amortization 1,454.6 1,495.1 1,740.1
Selling, general, and administrative 190.5 204.6 233.6
Depreciation, depletion and amortization 416.3 442.2 438.4
Impairment of long-lived assets and goodwill 52.6 74.5 2.5
Acquisition and integration costs 0.2 7.8 21.8
Other operating expense, net 53.4 27.1 27.0
Total operating costs and expenses 2,167.6 2,251.3 2,463.4
Operating income (loss) (225.8) (60.4) 166.6
Other income (expense):      
Interest expense, net (138.8) (156.6) (154.9)
Loss on extinguishment of debt   (0.8) (33.5)
Other income (expense), net (3.8) 3.0 (36.2)
Loss before income taxes (368.4) (214.8) (58.0)
Income tax benefit (expense) 12.9 7.0 (1.2)
Net loss (355.5) (207.8) (59.2)
Less: net (income) loss attributable to noncontrolling interests (13.5) (7.3) 3.3
Less: net income attributable to redeemable noncontrolling interests     (41.8)
Net loss attributable to ProFrac Holding Corp. (369.0) (215.1) (97.7)
Net loss attributable to Class A common shareholders $ (374.3) $ (219.9) $ (107.5)
Basic Loss per Class A common share $ (2.22) $ (1.38) $ (0.82)
Diluted Loss per Class A common share $ (2.22) $ (1.38) $ (0.82)
Weighted average Class A common shares outstanding, basic 168.3 159.9 130.9
Weighted average Class A common shares outstanding, diluted 168.3 159.9 130.9
Services      
Revenues $ 1,692.7 $ 1,886.7 $ 2,274.2
Product Sales      
Revenues $ 249.1 $ 304.2 $ 355.8