ProFrac Holding Corp.
For the period ended Dec 31, 2025. Filed Mar 13, 2026.
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FY2025 · Filed Mar 13, 2026
ACDC$3.42+13.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Equity
| Class A Common Stock · AdditionalPaid-in · Accumulated · AccumulatedOtherComprehensive · Noncontrolling · Total Stockholders' | |||||||
|---|---|---|---|---|---|---|---|
| Shares | Amount | Capital | Deficit | Income | Interests | Equity | |
| Balance, December 31, 2024 | 160.2 | $1.5 | $1,241.2 | $(235.9) | $0.1 | $69.2 | $1,076.1 |
| Net income (loss) | — | — | — | (369.0) | — | 13.5 | (355.5) |
| Stock-based compensation | — | — | 3.1 | — | — | 0.9 | 4.0 |
| Class A shares issued for vested stock awards | 0.3 | — | — | — | — | — | — |
| Cash settlement of vested stock awards | (0.2) | — | (1.2) | — | — | — | (1.2) |
| Foreign currency translation adjustments | — | — | — | — | 0.1 | — | 0.1 |
| Change in Flotek noncontrolling interest | — | — | (7.6) | — | — | 7.6 | — |
| Change in other noncontrolling interest | — | — | 0.4 | — | — | (3.4) | (3.0) |
| Subsidiary transactions with noncontrolling interests | — | — | — | — | — | (1.4) | (1.4) |
| Transfer of foreign currency translation of disposed subsidiary | — | — | — | — | (0.2) | — | (0.2) |
| Realization of deferred tax assets from Flotek transaction | — | — | 10.4 | — | — | 7.4 | 17.8 |
| Class A shares issued, net | 20.6 | 0.3 | 78.7 | — | — | 0.6 | 79.6 |
| Deemed contribution | — | — | 0.9 | — | — | — | 0.9 |
| Adjustment of convertible preferred stock to redemption amount | — | — | — | (5.3) | — | — | (5.3) |
| Balance, December 31, 2025 | 180.9 | $1.8 | $1,325.9 | $(610.2) | $— | $94.4 | $811.9 |
| Class A Common Stock · AdditionalPaid-in · Accumulated · AccumulatedOtherComprehensive · Noncontrolling · Total Stockholders' | |||||||
|---|---|---|---|---|---|---|---|
| Shares | Amount | Capital | Deficit | Income | Interests | Equity | |
| Balance, December 31, 2023 | 159.4 | $1.5 | $1,225.4 | $(16.0) | $0.3 | $58.7 | 1,269.9 |
| Net income (loss) | — | — | — | (215.1) | — | 7.3 | (207.8) |
| Stock-based compensation | — | — | 6.5 | — | — | 0.8 | 7.3 |
| Class A shares issued for vested stock awards | 0.8 | — | — | — | — | — | — |
| Tax withholding related to net share settlement of equity awards | (0.2) | — | (1.5) | — | — | — | (1.5) |
| Foreign currency translation adjustments | — | — | — | — | (0.2) | 0.2 | — |
| Share issuance | 0.2 | — | — | — | — | — | — |
| Noncontrolling interest of acquired business | — | — | — | — | — | 2.2 | 2.2 |
| Deemed contribution | — | — | 26.5 | — | — | — | 26.5 |
| Adjustment to additional paid-in capital related to tax receivable agreement | — | — | (14.9) | — | — | — | (14.9) |
| Other | — | — | (0.8) | — | — | — | (0.8) |
| Adjustment of convertible preferred stock to redemption amount | — | — | — | (4.8) | — | — | (4.8) |
| Balance, December 31, 2024 | 160.2 | $1.5 | $1,241.2 | $(235.9) | $0.1 | $69.2 | $1,076.1 |
| Class A Common Stock · Class B Common Stock · AdditionalPaid-in · (Accumulated Deficit) Retained · AccumulatedOtherComprehensive · Noncontrolling · Total Stockholders' (Deficit) | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares | Amount | Shares | Amount | Capital | Earnings | Income | Interests | Equity | |
| Balance, December 31, 2022 | 53.9 | $0.5 | 104.2 | $1.0 | $— | $(1,185.9) | $— | $72.2 | (1,112.2) |
| Class A shares issued to acquire Producers | 0.4 | — | — | — | 6.2 | — | — | — | 6.2 |
| Class A shares issued to acquire Performance Proppants | 0.3 | — | — | — | 3.4 | — | — | — | 3.4 |
| Net loss | — | — | — | — | — | (97.7) | — | (3.3) | (101.0) |
| Stock-based compensation | — | — | — | — | 7.8 | — | — | 0.3 | 8.1 |
| Stock-based compensation related to deemed contribution | — | — | — | — | 12.4 | — | — | — | 12.4 |
| Flotek common stock issued to satisfy convertible notes held by third parties | — | — | — | — | — | — | — | 12.7 | 12.7 |
| Adjustment of redeemable noncontrolling interest to redemption amount | — | — | — | — | (67.1) | 1,277.4 | — | — | 1,210.3 |
| Conversion of Class B shares to Class A shares | 104.2 | 1.0 | (104.2) | (1.0) | 1,313.3 | — | — | — | 1,313.3 |
| Foreign currency translation adjustments | — | — | — | — | — | — | 0.3 | (0.1) | 0.2 |
| Class A shares issued for vested stock awards | 0.6 | — | — | — | — | — | — | — | — |
| Tax withholding related to net share settlement of equity awards | — | — | — | — | (0.8) | — | — | — | (0.8) |
| Additional paid-in capital related to tax receivable agreement | — | — | — | — | (67.6) | — | — | — | (67.6) |
| Change in equity ownership of Flotek | — | — | — | — | 23.1 | — | — | (23.1) | — |
| Adjustment of convertible preferred stock to redemption amount | — | — | — | — | — | (9.8) | — | — | (9.8) |
| Change in accrued distribution related to income taxes | — | — | — | — | (5.3) | — | — | — | (5.3) |
| Balance, December 31, 2023 | 159.4 | $1.5 | $— | $— | $1,225.4 | $(16.0) | $0.3 | $58.7 | $1,269.9 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.