Highest-materiality recent filing
ProFrac shareholders elect all six director nominees, approve say-on-pay
All six director nominees elected; vote for totals ranged from 148.85M (Glebocki) to 150.59M (Rinaldi).
ProFrac Q1 2026 revenue $450M, net loss $81M; sees stronger Q2 in stimulation services
Total revenue $450M (up 3% QoQ); net loss $81M improved from $141M loss in Q4.
ProFrac grants performance RSUs to four executives and $1M special cash award to CFO
PSUs granted to Executive Chairman Matthew D. Wilks (287,500), CEO Johnathan L. Wilks (287,500), CFO Austin Harbour (270,000), CCO Matthew Greenwood (150,000).
ProFrac Q4 rev $437M (+8% QoQ) but net loss widens to $141M; FY 2025 EBITDA down 38%
Full year 2025 revenue $1.94B vs $2.19B in 2024; net loss $356M vs $208M; Adjusted EBITDA $310M vs $501M.
ProFrac reduces credit line to $275M, extends maturity to Sept 2027, tightens covenants
Maximum availability under revolving credit facility reduced to $275.0 million from prior level.
ProFrac subsidiary issues $25M secured floating rate notes due 2029 to Beal Bank USA
ProFrac Holdings II issued $25M aggregate principal of Senior Secured Floating Rate Notes due 2029 to Beal Bank USA in a private placement.
ProFrac appoints Matthew Rinaldi to Board; James Randle resigns
Matthew Rinaldi appointed as director effective Dec 17, 2025, term expiring at 2026 annual meeting.
ProFrac amends Alpine term loan, cuts amortization; issues $40M notes
Amortization for Q1 and Q2 2026 reduced from $15M to $7.5M each per Amendment No. 4.
ProFrac Q3 revenue $403M, net loss $92M; targets $85-115M cost savings
Revenue $403M, down 20% QoQ from Q2's $502M; net loss $92M improves from $107M loss in Q2.
ProFrac underwriters partially exercise over-allotment, issue 1.84M shares for ~$7.1M net
Underwriters exercised overallotment option for 1,840,998 additional Class A common shares on August 25, 2025.
ProFrac closes 18.75M share public offering, netting ~$72.8M in proceeds
Issued 18.75M shares of Class A common stock; net proceeds ~$72.8M after fees.
ProFrac Q2: revenue $502M, net loss $104M, Adj EBITDA $79M; Q3 seen lower
Total revenue $502M vs $600M in Q1; net loss $104M vs $15M loss in Q1.
ProFrac secures $60M in new notes, reduces 2025 amortization by $30M on Alpine Term Loan
Issued $20M of Senior Secured Floating Rate Notes due 2029 to Wilks affiliates; additional $40M committed through Dec 2025.
ProFrac shareholders elect six directors, approve say-on-pay and ESPP at annual meeting
All six director nominees elected with >145M votes each; broker non-votes ~5.2M per nominee.
ProFrac Q1 revenue $600M (+32% QoQ), Adj EBITDA $130M, net loss narrows to $15M
Revenue $600M vs $455M Q4 2024; net loss $15M vs $102M loss; Adj EBITDA $130M (22% margin) vs $71M (16% margin).
ProFrac 2024 revenue down to $2.19B, net loss $208M; Q4 net loss $102M; launches Livewire Power
Full year 2024 revenue $2.19B vs $2.63B in 2023; net loss $208M vs $59M; adjusted EBITDA $501M (23% margin) vs $688M.
ProFrac Q3 revenue $575M, net loss $43.5M; outlook expects Q4 decline but 2025 recovery
Total revenue $575.3M (flat vs Q2); net loss $43.5M (improved from $65.6M loss in Q2).
ProFrac appoints Michael Henry as principal accounting officer; terms unchanged
Michael Henry appointed SVP, Principal Accounting Officer effective Sept 25, 2024; previously CAO of subsidiary.
ProFrac reports Q2 net loss of $65.6M; revenue flat at $579.4M; goodwill impairment of $67.7M
Net loss of $65.6M (vs Q1 net income of $3.0M); adjusted EBITDA of $135.6M (down from $159.7M).
ProFrac issues $120M notes due 2029 to fund acquisition of four fleets
Issued $120M aggregate principal of Senior Secured Floating Rate Notes due 2029 to Beal Bank and Beal Bank USA.
ProFrac CFO Lance Turner to resign June 17; Austin Harbour named new CFO
Lance Turner resigns as CFO effective June 17, 2024; will consult at $350/hour for up to 4 months.
ProFrac stockholders elect all six director nominees and approve say-on-pay at annual meeting
All six director nominees elected: Wilks, Glebocki, Haddock, Krylov, Nieuwoudt, Randle Jr.
ProFrac CFO Lance Turner to resign June 17; Austin Harbour appointed successor
Lance Turner resigns as CFO, effective June 17, 2024; departure not due to any disagreement with the company.
Total revenue $581.5M, up 19% sequentially; net income $3.0M vs Q4 net loss of $96.5M.
On September 25, 2024, the board of directors of ProFrac Holding Corp. (the “Company”), appointed and designated Michael Henry as the Company’s principal accounting officer.
Austin Harbour was appointed as the Company’s Chief Financial Officer effective June 17, 2024
Mr. Turner will resign as the Chief Financial Officer of the Company effective June 17, 2024
Effective as of June 17, 2024, Austin Harbour, 43, will serve as the Chief Financial Officer of the Company.
Lance Turner, the Chief Financial Officer, will resign from the Company, effective June 17, 2024.
Max materiality 0.80 · Median 0.70 · Most common event earnings