{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-020006","form_type":"8-K","ticker":"ACDC","cik":"0001881487","company_name":"ProFrac Holding Corp.","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.450702+00:00","generated_at":"2026-06-15T07:12:45.631306+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ProFrac Q1 revenue $851.7M, net income down 48% to $59.8M; integration costs weigh","bullets":["Net income of $59.8M ($0.40 EPS) declined 48% sequentially; total revenue $851.7M, up 7% QoQ.","Adjusted EBITDA (ex-Flotek) $255M, down 5% QoQ; annualized EBITDA per fleet $25.1M on 40.7 avg active fleets.","Over $20M integration costs for acquisitions (U.S. Well Services, Monarch Silica, REV, Performance Proppants, Producers).","Stimulation Services rev $790.2M, EBITDA $205.7M; Proppant rev $82.2M; Flotek contributed $49.2M rev, $7.9M EBITDA loss.","Capex $83.2M; gross debt $1,291.2M; liquidity $169M excl. Flotek."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-020006","json":"https://secwatch.observer/filing/0000950170-23-020006.json","markdown":"https://secwatch.observer/filing/0000950170-23-020006.md","text":"https://secwatch.observer/filing/0000950170-23-020006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1881487/000095017023020006/0000950170-23-020006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1881487/000095017023020006/acdc-20230509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T07:12:45.631306+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cf9ffe5e62cd86efdcd593d687a9ff61ba17bb92","claim":"ProFrac Holding Corp. reported first quarter ended March 31, 2023 results: revenue $851.7 million, net income $59.8 million, EPS $0.40 per share.","evidence_excerpt":"For the first quarter of 2023, consolidated revenues totaled $851.7 million, up approximately 7% sequentially.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1881487/000095017023020006/0000950170-23-020006-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$851.7 million"},{"label":"Net income","value":"$59.8 million"},{"label":"EPS","value":"$0.40 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}