Three Months Ended

June 30,

Six Months Ended

June 30,

(In thousands)

2022

2021

2022

2021

Numerator:

Net income (loss)

$

70,093

$

(8,606

)

$

94,219

$

(34,595

)

Less: net (income) loss attributable to ProFrac Predecessor

(56,157

)

8,478

(79,867

)

34,476

Less: net loss attributable to noncontrolling interests

8,704

128

8,288

119

Less: net income attributable to redeemable noncontrolling interests

(16,082

)

—

(16,082

)

—

Net income attributable to ProFrac Holding Corp.

$

6,558

$

—

$

6,558

$

—

Denominator:

Weighted average Class A shares used for basic EPS computation

40,123

40,123

Dilutive potential of employee restricted stock units

22

22

Weighted average Class A shares used for diluted EPS computation

40,145

40,145

Basic and diluted EPS - Class A Common Stock

$

0.16

$

0.16