Three Months Ended
September 30,

Nine Months Ended
September 30,

2026

2025

2026

2025

Numerator:

Net loss attributable to ProFrac Holding Corp.

$

(80.7

)

$

(100.9

)

$

(243.9

)

$

(226.4

)

Adjust Series A redeemable convertible preferred stock to its maximum redemption value

(1.5

)

(1.3

)

(4.2

)

(3.9

)

Net income (loss) used for basic and diluted earnings per Class A common share

$

(82.2

)

$

(102.2

)

$

(248.1

)

$

(230.3

)

Denominator:

Weighted average Class A common shares

182.1

170.8

181.7

163.8

Dilutive potential of restricted stock units

—

—

—

—

Weighted average Class A common shares — diluted

182.1

170.8

181.7

163.8

Basic and diluted earnings per Class A common share

$

(0.45

)

$

(0.60

)

$

(1.37

)

$

(1.41

)

Antidilutive shares:

Common stock equivalents related to Preferred Stock

3.2

2.9

3.1

2.9

Restricted stock units which are antidilutive due to net loss position

—

—

—

—

Total antidilutive shares

3.2

2.9

3.1

2.9