Quarterly report [Sections 13 or 15(d)]

Earnings per Share (Tables)

v3.26.1
Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings per Share

The calculation of earnings per share (“EPS”) for our Class A common stock is as follows:

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to ProFrac Holding Corp.

 

$

(79.7

)

 

$

(108.0

)

 

$

(163.2

)

 

$

(125.5

)

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

 

 

(1.3

)

 

 

(1.3

)

 

 

(2.7

)

 

 

(2.6

)

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

 

$

(81.0

)

 

$

(109.3

)

 

$

(165.9

)

 

$

(128.1

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average Class A common shares

 

 

182.0

 

 

 

160.2

 

 

 

181.5

 

 

 

160.2

 

Dilutive potential of restricted stock units

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average Class A common shares — diluted

 

 

182.0

 

 

 

160.2

 

 

 

181.5

 

 

 

160.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic and diluted earnings per Class A common share

 

$

(0.45

)

 

$

(0.68

)

 

$

(0.91

)

 

$

(0.80

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Antidilutive shares:

 

 

 

 

 

 

 

 

 

 

 

 

Common stock equivalents related to Preferred Stock

 

 

3.1

 

 

 

2.9

 

 

 

3.1

 

 

 

2.8

 

Restricted stock units which are antidilutive due to net loss position

 

 

 

 

 

 

 

 

 

 

 

 

Total antidilutive shares

 

 

3.1

 

 

 

2.9

 

 

 

3.1

 

 

 

2.8