Year Ended December 31,

2023

2022

Numerator:

Net (loss) income attributable to ProFrac Holding Corp.

$

(97.7

)

$

91.5

Adjust Series A preferred stock to its maximum redemption value

(9.8

)

—

Net (loss) income used for basic earning per Class A common share

(107.5

)

91.5

Net loss reallocated to dilutive Class A common shares

—

0.2

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

$

(107.5

)

$

91.7

Denominator:

Weighted average Class A common shares

130.9

44.3

Dilutive potential of employee restricted stock units

—

0.2

Weighted average Class A common shares — diluted

130.9

44.5

Basic and diluted (loss) earnings per Class A common share

$

(0.82

)

$

2.06