ProFrac Holding Corp. (ACDC) Income Statement
ACDC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsACDC revenue and net income
Where ACDC's revenue goes
2025Each bar shows an amount and its share of revenue. ACDC kept −19.0% of revenue as net income.
ACDC profit margins
ACDC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −11.4% | −7.1% | +28.8% | — |
| Gross profit | −72.0% | −53.4% | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ACDC quarterly EPS vs estimates
ProFrac beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: November 9, 2026 (estimate $-0.25).
ACDC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Revenue | $1.94B | $2.19B | $2.63B | $2.43B | $768.4M | $547.7M | $847.7M |
| Cost of revenue | $1.87B | $1.94B | $2.18B | $1.72B | $710.8M | $577.7M | $673.6M |
| Gross profit | $70.9M | $253.6M | $451.5M | $701.5M | $57.6M | −$30.0M | $174.1M |
| Sales, general & admin | $190.5M | $204.6M | $233.7M | $261.2M | $65.6M | $51.0M | — |
| Total operating expenses | $204.2M | $314.0M | $284.9M | $289.1M | $75.6M | $65.0M | $186.4M |
| Operating income | −$133.3M | −$60.4M | $166.6M | $412.4M | −$18.0M | −$95.0M | −$12.3M |
| Interest expense | $138.8M | $156.6M | $154.9M | $59.5M | $25.8M | $23.3M | — |
| Income before taxes | −$368.4M | −$214.8M | −$58.0M | $351.8M | −$43.7M | −$118.0M | −$38.0M |
| Income taxes | −$12.9M | −$7.0M | $1.2M | $9.1M | −$200,000 | $500,000 | $587,000 |
| Net income | −$369.0M | −$215.1M | −$97.7M | $91.5M | −$148.2M | −$2.2M | −$38.5M |
| EBITDA | $186.7M | $364.9M | $519.2M | $678.6M | $122.8M | $56.0M | $135.6M |
| EPS (diluted) | −$1.72 | −$0.47 | $0.49 | $2.81 | −$0.31 | −$0.06 | — |
| Gross margin | 3.7% | 11.6% | 17.2% | 28.9% | 7.5% | −5.5% | 20.5% |
| Operating margin | −6.9% | −2.8% | 6.3% | 17.0% | −2.3% | −17.3% | −1.4% |
| Net margin | −19.0% | −9.8% | −3.7% | 3.8% | −19.3% | −0.4% | −4.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $498.1M | $449.6M | $436.5M | $403.1M | $501.9M | $600.3M | $454.7M | $575.3M | $579.4M | $581.5M | $489.1M | $574.2M |
| Cost of revenue | $388.1M | $451.5M | $439.0M | $427.1M | $479.4M | $525.4M | $450.9M | $503.4M | $496.5M | $486.5M | $430.7M | $488.3M |
| Gross profit | $110.0M | −$1.9M | −$2.5M | −$24.0M | $22.5M | $74.9M | $3.8M | $71.9M | $82.9M | $95.0M | $58.4M | $85.9M |
| Sales, general & admin | $43.7M | $43.6M | $42.5M | $43.0M | $51.4M | $53.6M | $48.0M | $51.9M | $54.1M | $50.6M | $59.3M | $52.7M |
| Total operating expenses | $147.9M | $43.6M | $43.4M | $54.8M | $76.8M | $58.9M | $50.6M | $76.2M | $132.1M | $55.1M | $72.7M | $65.4M |
| Operating income | −$37.9M | −$45.5M | −$45.9M | −$78.8M | −$54.3M | $16.0M | −$46.8M | −$4.3M | −$49.2M | $39.9M | −$14.3M | $20.5M |
| Interest expense | $33.2M | $32.8M | $33.3M | $34.5M | $35.1M | $35.9M | $38.8M | $40.6M | $39.6M | $37.6M | $38.8M | $40.2M |
| Income before taxes | −$71.1M | −$79.2M | −$137.9M | −$112.6M | −$99.1M | −$15.1M | −$83.8M | −$45.0M | −$89.3M | $3.3M | −$104.9M | −$24.6M |
| Income taxes | $3.6M | $1.6M | $2.6M | −$20.2M | $4.4M | $300,000 | $17.9M | −$1.5M | −$23.7M | $300,000 | −$8.4M | −$6.7M |
| Net income | −$79.7M | −$83.5M | −$142.6M | −$100.9M | −$105.9M | −$17.5M | −$105.0M | −$45.2M | −$66.7M | $1.8M | −$92.3M | −$18.9M |
| EBITDA | $59.1M | $50.7M | −$2.0M | $24.9M | $40.7M | $126.8M | $68.3M | $108.3M | $53.7M | $153.7M | $41.6M | $127.1M |
| EPS (diluted) | −$0.44 | −$0.47 | −$0.45 | −$0.51 | −$0.67 | −$0.09 | −$0.38 | −$0.11 | −$0.04 | $0.05 | −$0.22 | −$0.05 |
| Gross margin | 22.1% | −0.4% | −0.6% | −6.0% | 4.5% | 12.5% | 0.8% | 12.5% | 14.3% | 16.3% | 11.9% | 15.0% |
| Operating margin | −7.6% | −10.1% | −10.5% | −19.5% | −10.8% | 2.7% | −10.3% | −0.7% | −8.5% | 6.9% | −2.9% | 3.6% |
| Net margin | −16.0% | −18.6% | −32.7% | −25.0% | −21.1% | −2.9% | −23.1% | −7.9% | −11.5% | 0.3% | −18.9% | −3.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ACDC's financial statements (latest annual report filed March 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ACDC financial results
In fiscal year 2025 (ended December 31, 2025), ProFrac reported revenue of $1.9 billion, down 11.4% from the year before. It had a net loss of $369.0 million, a net profit margin of −19.0%. Diluted earnings per share came to −$1.72. Over five years revenue grew at an average rate of 28.8% a year.
See the ACDC stock overview for the latest quote and news, or the ACDC chart for price history and technical indicators.
ACDC income statement FAQ
What is ProFrac's annual revenue?
ProFrac reported total revenue of $1.9 billion for fiscal year 2025, which ended on December 31, 2025. That was down 11.4% from $2.2 billion the previous year.
Is ProFrac profitable?
No. ProFrac reported a net loss of $369.0 million in fiscal 2025, a net profit margin of −19.0%; its operating margin was −6.9%.
What is ProFrac's gross margin?
ProFrac's gross margin was 3.7% in fiscal 2025: for every $100 of revenue, ProFrac kept $4 after the direct cost of its products and services.
How fast is ProFrac growing?
Revenue grew 28.8% a year on average over the last five fiscal years, from $547.7 million to $1.9 billion.
What are ProFrac's earnings per share?
ProFrac earned $-1.72 per diluted share in fiscal 2025, compared with $-0.47 a year earlier.
When will ProFrac report its next earnings?
ProFrac is expected to report results for the quarter ending September 30, 2026 on November 9, 2026 before the market opens.
When does ProFrac's fiscal year end?
ProFrac's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 13, 2026.