ProFrac Holding Corp. (ACDC)
Nasdaq · Oil & Gas Field Services, Nec · Mining · CIK 1881487 · fiscal year ends in Dec
Closing price $4.87 on 29 Oct 2026; 52-week range $3.19 to $8.06.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $1.8B
- Revenue growth
- -16.2%
- Net income, last twelve months
- -$408.8M
- Gross margin
- 21.5%
- Operating margin
- -15.2%
- Net margin
- -22.9%
- Free cash flow
- -$60.7M
- Return on equity
- -75.4%
- Market value
- $886.0M
- Cash
- $18.8M
- Debt
- $1.0B
- Debt to equity
- 1.92
- Shares outstanding
- 182.1M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $1.9B | -$225.8M | -$369.0M | -$2.22 | $19.6M | 10-K filed 13 Mar 2026 |
| FY2024 | 31 Dec 2024 | $2.2B | -$60.4M | -$215.1M | -$1.38 | $112.3M | 10-K filed 10 Mar 2025 |
| FY2023 | 31 Dec 2023 | $2.6B | $166.6M | -$97.7M | -$0.82 | $286.5M | 10-K filed 15 Mar 2024 |
| FY2022 | 31 Dec 2022 | $2.4B | $412.4M | $91.5M | $2.06 | $59.0M | 10-K filed 30 Mar 2023 |
| FY2021 | 31 Dec 2021 | $768.4M | -$18.0M | -$42.4M | – | -$43.5M | 10-K filed 30 Mar 2023 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $498.1M | -$79.7M | -$0.45 |
| Q1 FY2026 | 31 Mar 2026 | $449.6M | -$83.5M | -$0.47 |
| Q4 FY2025 | 31 Dec 2025 | $436.5M | -$144.7M | -$0.83 |
| Q3 FY2025 | 30 Sep 2025 | $403.1M | -$100.9M | -$0.60 |
| Q2 FY2025 | 30 Jun 2025 | $501.9M | -$108.0M | -$0.68 |
| Q1 FY2025 | 31 Mar 2025 | $600.3M | -$17.5M | -$0.12 |
| Q4 FY2024 | 31 Dec 2024 | $454.7M | -$105.0M | -$0.67 |
| Q3 FY2024 | 30 Sep 2024 | $575.3M | -$45.2M | -$0.29 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Services | $1.7B | 87.2% |
| Product Sales | $249.1M | 12.8% |
Company events
The newest 8-K filings of 68 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 16 Sep 2026 | 8-K | Material agreement, New debt | 1.01, 2.03, 9.01 |
| 6 Aug 2026 | 8-K | Results, Leadership change | 2.02, 5.02, 9.01 |
| 6 Jul 2026 | 8-K | Material agreement, Agreement ended, New debt, Investor update | 1.01, 1.02, 2.03, 7.01, 9.01 |
| 1 Jun 2026 | 8-K | Shareholder vote | 5.07 |
| 7 May 2026 | 8-K | Results | 2.02, 9.01 |
| 13 Apr 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 12 Mar 2026 | 8-K | Results | 2.02, 9.01 |
| 9 Mar 2026 | 8-K | Material agreement | 1.01, 9.01 |
| 9 Jan 2026 | 8-K | Material agreement, New debt | 1.01, 2.03, 9.01 |
| 22 Dec 2025 | 8-K | Leadership change | 5.02 |
| 19 Dec 2025 | 8-K | Material agreement, New debt | 1.01, 2.03, 9.01 |
| 10 Nov 2025 | 8-K | Results | 2.02, 9.01 |
Every filing
The newest filings with the SEC of 162 held.
| Filed | Form | Period |
|---|---|---|
| 16 Sep 2026 | 8-K | 11 Sep 2026 |
| 6 Aug 2026 | 10-Q | 30 Jun 2026 |
| 6 Aug 2026 | 8-K | 3 Aug 2026 |
| 6 Jul 2026 | 8-K | 1 Jul 2026 |
| 1 Jun 2026 | 8-K | 27 May 2026 |
| 8 May 2026 | 10-Q | 31 Mar 2026 |
| 7 May 2026 | 8-K | 7 May 2026 |
| 27 Apr 2026 | ARS | 31 Dec 2025 |
| 27 Apr 2026 | DEF 14A | 27 May 2026 |
| 13 Apr 2026 | 8-K | 7 Apr 2026 |
| 13 Mar 2026 | 10-K | 31 Dec 2025 |
| 12 Mar 2026 | 8-K | 12 Mar 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 25 Aug 2026 | Thrc Holdings, Lp, 10% owner | Purchase | 30,820 | $4.81 | $148.1K | 83,816,235 | 26 Aug 2026 |
| 25 Aug 2026 | Wilks Dan H., 10% owner | Purchase | 30,820 | $4.81 | $148.1K | 88,107,422 | 26 Aug 2026 |
| 24 Aug 2026 | Thrc Holdings, Lp, 10% owner | Purchase | 363,757 | $4.70 | $1.7M | 83,785,415 | 26 Aug 2026 |
| 24 Aug 2026 | Wilks Dan H., 10% owner | Purchase | 363,757 | $4.70 | $1.7M | 88,076,602 | 26 Aug 2026 |
| 21 Aug 2026 | Thrc Holdings, Lp, 10% owner | Purchase | 212,650 | $4.74 | $1.0M | 83,421,658 | 26 Aug 2026 |
| 21 Aug 2026 | Wilks Dan H., 10% owner | Purchase | 212,650 | $4.74 | $1.0M | 87,712,845 | 26 Aug 2026 |
| 11 Aug 2026 | Wilks Dan H., 10% owner | Purchase | 202,331 | $5.44 | $1.1M | 87,500,195 | 12 Aug 2026 |
| 11 Aug 2026 | Wilks Matthew, Chief Executive Officer | Purchase | 22,481 | $5.44 | $122.4K | 502,097 | 12 Aug 2026 |
| 10 Aug 2026 | Wilks Dan H., 10% owner | Purchase | 517,669 | $4.86 | $2.5M | 87,297,864 | 12 Aug 2026 |
| 10 Aug 2026 | Wilks Matthew, Chief Executive Officer | Purchase | 57,519 | $4.86 | $279.5K | 479,616 | 12 Aug 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 12 Aug 2026 | THRC Holdings, LP | 13D amended | 47.3% | 86.7M |
| 29 Jun 2026 | THRC Holdings, LP | 13D amended | 47.9% | 86.7M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 5.8M | +4.27% | 5.16 |
| 30 Sep 2026 | 5.6M | +14.65% | 4.01 |
| 15 Sep 2026 | 4.9M | +4.95% | 4.62 |
| 31 Aug 2026 | 4.7M | -4.97% | 2.99 |
| 14 Aug 2026 | 4.9M | +13.59% | 2.09 |
| 31 Jul 2026 | 4.3M | -14.5% | 2.97 |
| 15 Jul 2026 | 5.0M | -2.03% | 3.64 |
| 30 Jun 2026 | 5.1M | +38.52% | 3.27 |
Funds that hold it
From each fund's latest Form 13F.
171 funds held it at 30 Jun 2026: 98 added and 25 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| First Financial Bankshares Inc | 3,855,952 | $22.4M | -33,526 |
| AQR Capital Management LLC | 2,644,484 | $15.4M | +1,115,245 |
| BlackRock, Inc. | 1,960,650 | $11.4M | +101,187 |
| D. E. Shaw & Co., Inc. | 1,567,698 | $9.1M | +404,781 |
| BNP Paribas Financial Markets | 1,397,852 | $8.1M | +394,043 |
| Millennium Management LLC | 1,380,865 | $8.0M | +584,709 |
| Vanguard Capital Management LLC | 1,133,863 | $6.6M | +894,619 |
| Bridgeway Capital Management, LLC | 1,101,318 | $6.4M | +40,830 |
| Hotchkis & Wiley Capital Management LLC | 1,017,980 | $5.9M | -234,100 |
| Point72 Asset Management, L.P. | 982,370 | $5.7M | +593,406 |
Peers
Companies in the same industry.
- SLB Limited (SLB): revenue $36.9B, market value $79.4B
- Halliburton Co. (HAL): revenue $22.5B, market value $29.7B
- Oceaneering International Inc. (OII): revenue $2.9B, market value $4.1B
- Liberty Energy Inc. (LBRT): revenue $4.4B, market value $2.8B
- Select Water Solutions, Inc. (WTTR): revenue $1.4B, market value $2.5B
- National Energy Services Reunited Corp. (NESR): revenue –, market value $2.2B
- WaterBridge Infrastructure LLC (WBI): revenue $750.9M, market value $1.5B
- RPC Inc. (RES): revenue $1.8B, market value $1.4B
- Hornbeck Offshore Services, Inc. (HOS): revenue $1.3B, market value $1.1B
- ProPetro Holding Corp. (PUMP): revenue $1.2B, market value $966.9M