{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-021138","form_type":"8-K","ticker":"ACDC","cik":"0001881487","company_name":"ProFrac Holding Corp.","filed_at":"2025-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.466943+00:00","generated_at":"2026-05-25T07:38:12.459951+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ProFrac 2024 revenue down to $2.19B, net loss $208M; Q4 net loss $102M; launches Livewire Power","bullets":["Full year 2024 revenue $2.19B vs $2.63B in 2023; net loss $208M vs $59M; adjusted EBITDA $501M (23% margin) vs $688M.","Q4 2024 revenue $455M vs Q3 $575M; net loss $102M vs $44M; adjusted EBITDA $71M (16% margin) vs $135M.","Active fleet count up >25% from Q4 trough; pricing stabilized; expects sizable revenue/profit improvement in Q1 2025.","2025 capex guidance $250-300M; maintenance capex $150-175M; growth capex $100-125M for fleet upgrades and sand mines.","Launched Livewire Power in Q4 2024, focused on distributed power generation for e-frac and remote industrial users."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-021138","json":"https://secwatch.observer/filing/0001104659-25-021138.json","markdown":"https://secwatch.observer/filing/0001104659-25-021138.md","text":"https://secwatch.observer/filing/0001104659-25-021138.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1881487/000110465925021138/0001104659-25-021138-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1881487/000110465925021138/tm258166d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T07:38:12.459951+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}