Quarterly report [Sections 13 or 15(d)]

Debt (Tables)

v3.26.1
Debt (Tables)
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Components of Debt

Debt is comprised of the following:

 

 

March 31,
2026

 

 

December 31,
2025

 

ProFrac Holding Corp.:

 

 

 

 

 

 

2029 Senior Notes

 

$

575.0

 

 

$

570.4

 

2022 ABL Credit Facility

 

 

116.1

 

 

 

69.2

 

Equify Notes (1)

 

 

7.1

 

 

 

8.3

 

Finance lease obligations

 

 

3.6

 

 

 

4.1

 

Other

 

 

4.3

 

 

 

8.7

 

ProFrac Holding Corp. principal amount

 

 

706.1

 

 

 

660.7

 

Less: unamortized debt discounts, premiums, and issuance costs

 

 

(11.1

)

 

 

(11.8

)

Less: current portion of long-term debt

 

 

(92.6

)

 

 

(94.1

)

ProFrac Holding Corp. long-term debt, net

 

 

602.4

 

 

 

554.8

 

 

 

 

 

 

 

 

Alpine Subsidiary:

 

 

 

 

 

 

Alpine 2023 Term Loan

 

 

312.5

 

 

 

320.0

 

Other

 

 

0.9

 

 

 

1.0

 

Finance lease obligations

 

 

3.1

 

 

 

4.1

 

Alpine principal amount

 

 

316.5

 

 

 

325.1

 

Less: unamortized debt discounts, premiums, and issuance costs

 

 

(9.1

)

 

 

(10.2

)

Less: current portion of long-term debt

 

 

(55.7

)

 

 

(48.5

)

Alpine long-term debt, net

 

 

251.7

 

 

 

266.4

 

 

 

 

 

 

 

 

Flotek Subsidiary:

 

 

 

 

 

 

Flotek ABL credit facility

 

 

4.7

 

 

 

3.3

 

Finance lease obligations

 

 

0.3

 

 

 

0.4

 

Flotek PWRtek Note (1)

 

 

40.0

 

 

 

40.0

 

Flotek principal amount

 

 

45.0

 

 

 

43.7

 

Less: unamortized debt discounts, premiums, and issuance costs

 

 

(0.4

)

 

 

(0.4

)

Less: current portion of long-term debt

 

 

(4.8

)

 

 

(3.5

)

Flotek long-term debt, net

 

 

39.8

 

 

 

39.8

 

 

 

 

 

 

 

 

Other Subsidiaries:

 

 

 

 

 

 

Revolving credit facility

 

 

2.5

 

 

 

2.9

 

Finance lease obligations

 

 

6.1

 

 

 

6.2

 

Other

 

 

9.4

 

 

 

9.5

 

Other subsidiaries principal amount

 

 

18.0

 

 

 

18.6

 

Less: unamortized debt discounts, premiums, and issuance costs

 

 

(0.4

)

 

 

(0.4

)

Less: current portion of long-term debt

 

 

(3.1

)

 

 

(3.6

)

Other subsidiaries long-term debt, net

 

 

14.5

 

 

 

14.6

 

 

 

 

 

 

 

 

Consolidated:

 

 

 

 

 

 

Total principal amount

 

 

1,085.6

 

 

 

1,048.1

 

Less: unamortized debt discounts, premiums, and issuance costs

 

 

(21.0

)

 

 

(22.8

)

Less: current portion of long-term debt

 

 

(156.2

)

 

 

(149.7

)

Total long-term debt, net

 

$

908.4

 

 

$

875.6

 
(1)
Related party debt agreements.