Annual report pursuant to Section 13 and 15(d)

Parent Company Statements of Cash Flows

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Parent Company Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income (loss) $ (55.9) $ 371.1 $ (42.4)
Adjustments to reconcile net income to net cash provided by operating activities:      
Equity in loss (income) of subsidiaries, net of tax 56.9 (376.4) $ 42.4
Deferred tax expense   3.9  
Distributions received from ProFrac Holdings, LLC 0.7 4.3  
Changes in operating assets and liabilities:      
Income tax receivable 2.7 (3.0)  
Income tax payable (0.1) 0.1  
Net cash provided by operating activities 4.3    
Cash flows from investing activities:      
Contributions to ProFrac Holdings, LLC (53.2) (228.8)  
Net cash used in investing activities (53.2) (228.8)  
Cash flows from financing activities:      
Proceeds from issuance of common stock   329.1  
Payment of stock issuance costs   (27.4)  
Payment of THRC related equity   (72.9)  
Net cash provided by financing activities 48.9 228.8  
Net increase in cash, cash equivalents, and restricted cash    
Cash, cash equivalents, and restricted cash beginning of period    
Cash, cash equivalents, and restricted cash end of period  
Supplemental cash flow information:      
Cash payments (refunds received) for income taxes, net (3.6) $ 4.3  
Series A Preferred Stock      
Cash flows from financing activities:      
Proceeds from issuance of Series A preferred stock 50.0    
Payment of stock issuance costs $ (1.1)