ProFrac Holding Corp
For the period ended Dec 31, 2024. Filed Mar 10, 2025.
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FY2024 · Filed Mar 10, 2025
ACDC$3.42+13.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in millions, except per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenues: | |||
| Services | $1,886.7 | $2,274.2 | $2,341.5 |
| Product sales | 304.2 | 355.8 | 84.1 |
| Total revenues | 2,190.9 | 2,630.0 | 2,425.6 |
| Operating costs and expenses: | |||
| Cost of revenues, exclusive of depreciation, depletion and amortization | 1,495.1 | 1,740.1 | 1,456.8 |
| Selling, general, and administrative | 204.6 | 233.6 | 225.0 |
| Depreciation, depletion and amortization | 442.2 | 438.4 | 267.3 |
| Acquisition and integration costs | 7.8 | 21.8 | 48.8 |
| Goodwill impairment | 74.5 | — | — |
| Other operating expense, net | 27.1 | 29.5 | 15.3 |
| Total operating costs and expenses | 2,251.3 | 2,463.4 | 2,013.2 |
| Operating income (loss) | (60.4) | 166.6 | 412.4 |
| Other income (expense): | |||
| Interest expense, net | (156.6) | (154.9) | (59.5) |
| Loss on extinguishment of debt | (0.8) | (33.5) | (17.6) |
| Other income (expense), net | 3.0 | (36.2) | 16.5 |
| Income (loss) before income taxes | (214.8) | (58.0) | 351.8 |
| Income tax benefit (expense) | 7.0 | (1.2) | (9.1) |
| Net income (loss) | (207.8) | (59.2) | 342.7 |
| Less: net income attributable to ProFrac Predecessor | — | — | (73.6) |
| Less: net (income) loss attributable to noncontrolling interests | (7.3) | 3.3 | 28.4 |
| Less: net income attributable to redeemable noncontrolling interests | — | (41.8) | (206.0) |
| Net income (loss) attributable to ProFrac Holding Corp. | $(215.1) | $(97.7) | $91.5 |
| Net income (loss) attributable to Class A common shareholders | $(219.9) | $(107.5) | $91.5 |
| Earnings (loss) per Class A common share (basic and diluted) | $(1.38) | $(0.82) | $2.06 |
| Weighted average Class A common shares outstanding: | |||
| Basic | 159.9 | 130.9 | 44.3 |
| Diluted | 159.9 | 130.9 | 44.5 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.