Filing Flows › ProFrac Holding (ACDC) › Q2 2025
ProFrac Holding (ACDC) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
ProFrac Holding (ACDC) reported revenue of $502M for the second quarter 2025 (Q2 2025), -13% from a year earlier and -16% from the quarter before. Operating margin was -10.8%, net loss $107M (21.4% of revenue).
ProFrac Holding, Q2 2025: revenue $502M (-13% year over year), operating margin -10.8%, net loss $107M, operating cash flow $96.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $502M | -16% | -13% |
| Operating profit | −$54.3M | -439% | — |
| Net earnings | −$107M | — | — |
| Operating cash flow | $96.7M | +150% | -15% |
| Free cash flow | $53.9M | — | +4% |
What changed
Revenue was $501.9M in Q2 2025, down 13% year over year and down 16% from the previous quarter. Service was the largest line at 86% of revenue. Service lost $60.9M year over year (down 12%), 79% of the total change.
Operating costs exceeded revenue by $54.3M, an operating margin of -10.8%. Total costs fell 12% while revenue fell 13%. The quarter ended with a net loss of $107.2M, wider than the previous quarter's $15.4M loss.
Operating cash flow was $96.7M (down 15% year over year). Non-cash charges added back $104.7M of depreciation and amortization and $800K of share-based compensation. Working capital and other items added $98.4M. Capital expenditures of $42.8M left free cash flow of $53.9M.
Questions
What was ProFrac Holding's revenue in the second quarter 2025?
ProFrac Holding (ACDC) reported revenue of $502M for the second quarter 2025 (Q2 2025), -13% from a year earlier and -16% from the quarter before.
Was ProFrac Holding profitable in the second quarter 2025?
Operating loss was $54.3M (-10.8% of revenue) and net loss $107M.
Source: ProFrac Holding 10-Q on SEC EDGAR.