---
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"
generated_at: "2026-06-04T22:34:00.767020+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-033661
- JSON: https://secwatch.observer/filing/0001104659-24-033661.json
- Plain text: https://secwatch.observer/filing/0001104659-24-033661.txt

## Key facts
- Earnings Releases
  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
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1881487/000110465924033661/0001104659-24-033661-index.htm

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