{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-040972","form_type":"8-K","ticker":"ACDC","cik":"0001881487","company_name":"ProFrac Holding Corp.","filed_at":"2023-08-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.982562+00:00","generated_at":"2026-06-11T19:28:25.471209+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 Q2 2023 revenue $709.2M, net loss $4.6M; adjusted EBITDA $182.5M","bullets":["Total revenue $709.2M, down 17% sequentially from $857.5M in Q1 2023.","Net loss ($4.6M) vs net income $59.8M in Q1; diluted loss $0.02 per share.","Adjusted EBITDA $182.5M, down 26% from prior quarter; operating cash flow $153.7M.","Reduced active fleets in June/August; 2023 capex guidance lowered to ~$300M from prior plan.","Net debt reduced by $85.6M; total gross debt $1,205.6M, liquidity $163.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-040972","json":"https://secwatch.observer/filing/0000950170-23-040972.json","markdown":"https://secwatch.observer/filing/0000950170-23-040972.md","text":"https://secwatch.observer/filing/0000950170-23-040972.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1881487/000095017023040972/0000950170-23-040972-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1881487/000095017023040972/acdc-20230810.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T19:28:25.471209+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":"32b7cbc7c46deb651ddc7f1f246240e0f35009d9","claim":"ProFrac Holding Corp. reported financial results for the quarter ended June 30, 2023.","evidence_excerpt":"On August 10, 2023, ProFrac Holding Corp., a Delaware corporation (the \" Company \"), issued a press release reporting the financial results of the Company for the quarter ended June 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1881487/000095017023040972/0000950170-23-040972-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"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"}