---
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"
generated_at: "2026-06-11T19:28:25.471209+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ProFrac Q2 2023 revenue $709.2M, net loss $4.6M; adjusted EBITDA $182.5M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-040972
- JSON: https://secwatch.observer/filing/0000950170-23-040972.json
- Plain text: https://secwatch.observer/filing/0000950170-23-040972.txt

## Key facts
- Earnings Releases
  ProFrac Holding Corp. reported financial results for the quarter ended June 30, 2023.
  - Period: the quarter ended June 30, 2023
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1881487/000095017023040972/0000950170-23-040972-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.