---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-037438"
form_type: "8-K"
ticker: "ACDC"
cik: "0001881487"
company_name: "ProFrac Holding Corp."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T21:33:02.187976+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ProFrac Q3 revenue $696.7M (+18% QoQ); net income $143.4M (+105%); closes USWS acquisition

## Summary
- Revenue of $696.7M, up 18% sequentially; net income of $143.4M ($1.09 per share).
- Adjusted EBITDA (ex-Flotek) $267.2M, up 23% sequentially; annualized per fleet $34.5M on 31 active fleets.
- Flotek consolidation contributed $46.9M revenue and ($11.1M) Adjusted EBITDA.
- Closed U.S. Well Services acquisition on Nov 1, 2022; issued 12.9M shares and used ~$210M cash.
- Full-year capex guidance raised to $330M–$350M; expects ~39 active fleets by year-end.

## SEC filing metadata
- accession: 0001564590-22-037438
- form_type: 8-K
- ticker: ACDC
- cik: 0001881487
- company_name: ProFrac Holding Corp.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1881487/000156459022037438/0001564590-22-037438-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1881487/000156459022037438/pfhc-8k_20221110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-037438
- JSON: https://secwatch.observer/filing/0001564590-22-037438.json
- Plain text: https://secwatch.observer/filing/0001564590-22-037438.txt

## Key facts
- Earnings Releases
  ProFrac Holding Corp. reported third quarter ended September 30, 2022 results: revenue $696.7 million, net income $143.4 million, EPS $1.09 per Class A share.
  - Period: third quarter ended September 30, 2022
  - Revenue: $696.7 million
  - Net income: $143.4 million
  - EPS: $1.09 per Class A share
  - Result: reported results
  source text: For the third quarter of 2022, consolidated revenues totaled $696.7 million, or approximately $90 million per fleet on an annualized basis. The increase was driven by higher average pricing, higher material sales, and higher activity levels achieved with our fleets. Selling, general, and administrative costs were $70.3 million, including $12.9 million of stock-based compensation, $9.7 million related to Flotek, and $5.8 million in transaction related expenses. Net income for the third quarter totaled $143.4 million, or $1.09 per Class A share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1881487/000156459022037438/0001564590-22-037438-index.htm

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