secwatch.observer — SEC 8-K summary
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Issuer:     ProFrac Holding Corp. (ACDC)
CIK:        0001881487
Form:       8-K
Filed at:   2026-08-06T10:01:01+00:00
Accession:  0001104659-26-091463
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ProFrac Q2 revenue $498M, net loss $75M; CEO Ladd Wilks resigns, Matt Wilks takes over
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- Q2 2026 revenue $498M (up 11% QoQ); net loss $75M vs $81M in Q1; Adjusted EBITDA $69M (14% margin).
- Stimulation Services rev $430M, Adj EBITDA $39M (9% margin); Proppant Production rev $121M, Adj EBITDA $6M (5% margin).
- Full-year 2026 capex guidance reaffirmed at $155-185M; new $300M ABL facility refinanced $275M facility post-quarter.
- CEO Ladd Wilks resigns effective Aug 7, 2026, remains on board; Executive Chairman Matt Wilks adds CEO role.
- Total debt $1.10B, net debt $1.08B; liquidity $72M at June 30; $71M availability under new ABL facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1881487/000110465926091463/0001104659-26-091463-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1881487/000110465926091463/tm2622356d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-091463

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