Filing Flows › ProFrac Holding (ACDC) › Q1 2025
ProFrac Holding (ACDC) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
ProFrac Holding (ACDC) reported revenue of $600M for the first quarter 2025 (Q1 2025), +3% from a year earlier and +32% from the quarter before. Operating margin was 2.7%, net loss $15.4M (2.6% of revenue).
ProFrac Holding, Q1 2025: revenue $600M (+3% year over year), operating margin 2.7%, net loss $15.4M, operating cash flow $38.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $600M | +32% | +3% |
| Operating profit | $16.0M | — | — |
| Net earnings | −$15.4M | — | — |
| Operating cash flow | $38.7M | -49% | -51% |
What changed
Revenue was $600.3M in Q1 2025, up 3% year over year and up 32% from the previous quarter. Service was the largest line at 87% of revenue. Service added $18.5M year over year (up 4%), 98% of the total change.
Operating profit was $16.0M, a 2.7% margin (down 4.2 points year over year). Operating profit fell $23.9M even though revenue rose $18.8M versus a year earlier, so costs grew faster than sales. Total costs grew 8% against revenue growth of 3%. The fastest-growing cost line was Cost of revenue (+12%). The quarter ended with a net loss of $15.4M, narrower than the previous quarter's $101.7M loss. Net interest and other expense of $31.1M was the main reason.
Operating cash flow was $38.7M (down 51% year over year). Non-cash charges added back $106.0M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items used $53.0M. Capital expenditures of $52.5M exceeded it, leaving free cash flow of −$13.8M.
Questions
What was ProFrac Holding's revenue in the first quarter 2025?
ProFrac Holding (ACDC) reported revenue of $600M for the first quarter 2025 (Q1 2025), +3% from a year earlier and +32% from the quarter before.
Was ProFrac Holding profitable in the first quarter 2025?
Operating profit was $16.0M (2.7% of revenue) and net loss $15.4M.
Source: ProFrac Holding 10-Q on SEC EDGAR.