secwatch.observer — SEC 8-K summary
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Issuer:     ProFrac Holding Corp. (ACDC)
CIK:        0001881487
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001104659-24-114030
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ProFrac Q3 revenue $575M, net loss $43.5M; outlook expects Q4 decline but 2025 recovery
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- Total revenue $575.3M (flat vs Q2); net loss $43.5M (improved from $65.6M loss in Q2).
- Adjusted EBITDA $134.8M (flat vs Q2 $135.6M); free cash flow $30.9M.
- Stimulation Services revenue $507.1M, Adj. EBITDA $112.6M; Proppant Production revenue $52.8M, Adj. EBITDA $17.3M.
- Management expects Q4 activity and pricing decline, but 2025 recovery; 72% of active fleets are electric or natural gas-capable.
- Total debt $1.17B; 2024 capex at lower end of guidance; maintenance $150M-$200M, growth ~$100M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1881487/000110465924114030/0001104659-24-114030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1881487/000110465924114030/tm2427440d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-114030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer