ProFrac reports Q4 2023 revenue $489M, net loss $97M; full-year free cash flow $293M

ProFrac Holding Corp.

Full-year 2023 revenue $2.63B (+8.2% YoY); net loss $59M vs net income $343M in 2022.
Q4 2023 revenue $489M (down 15% QoQ); net loss $97M vs Q3 loss $18M.
Adjusted EBITDA FY 2023 $688M; Q4 $110M. Free cash flow $293M, +173% YoY.
2024 CapEx guidance $150-200M maintenance + ~$100M growth; net debt $1.08B.
CEO: Q1 2024 fleet count up, pumping efficiency nearly 20% above 2023 avg.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ProFrac Holding Corp. reported financial results for the quarter and full year ended December 31, 2023.

Period: the quarter and full year ended December 31, 2023
Result: reported results

Exact text from the filing

On March 13, 2024, ProFrac Holding Corp., a Delaware corporation (the “ Company ”), issued a press release reporting the financial results of the Company for the quarter and full year ended December 31, 2023.

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ProFrac Holding Corp. filing history →

Source: SEC EDGAR

accession 0001104659-24-033661

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