{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-033661","form_type":"8-K","ticker":"ACDC","cik":"0001881487","company_name":"ProFrac Holding Corp.","filed_at":"2024-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.221317+00:00","generated_at":"2026-06-04T22:34:00.767020+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"ProFrac reports Q4 2023 revenue $489M, net loss $97M; full-year free cash flow $293M","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-033661","json":"https://secwatch.observer/filing/0001104659-24-033661.json","markdown":"https://secwatch.observer/filing/0001104659-24-033661.md","text":"https://secwatch.observer/filing/0001104659-24-033661.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1881487/000110465924033661/0001104659-24-033661-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1881487/000110465924033661/tm248499d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T22:34:00.767020+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":"1bb171b072984ead380e2276bc57d1d2cd244af9","claim":"ProFrac Holding Corp. reported financial results for the quarter and full year ended December 31, 2023.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1881487/000110465924033661/0001104659-24-033661-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and full year ended December 31, 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"}