Quarterly report [Sections 13 or 15(d)]

Business Combinations and Dispositions

v3.26.1
Business Combinations and Dispositions
 3 Months Ended
Mar. 31, 2026
Business Combination [Abstract]  
Business Combinations and Dispositions

3. DISPOSITION

In June 2025, we disposed of our EKU Power Drives subsidiary in our Manufacturing Segment. We recorded a loss of $10.5 million in connection with this disposal, which was classified as other income and expense, net on our unaudited condensed consolidated statements of operations. Total assets decreased approximately $44.0 million and total liabilities decreased approximately $32.0 million on our unaudited condensed consolidated balance sheet as a result of this disposal. This subsidiary recorded a pretax loss of $4.6 million and a net loss attributable to ProFrac Holding Corp. of $3.5 million for the three months ended March 31, 2025. This disposal has not had a major effect on our operations or financial results.