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ProFrac Holding (ACDC) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

ProFrac Holding (ACDC) reported revenue of $498M for the second quarter 2026 (Q2 2026), -0.8% from a year earlier and +11% from the quarter before. Operating margin was -7.6%, net loss $74.7M (15.0% of revenue).

Revenue$498M
Year over year-0.8%
Quarter over quarter+11%
Operating margin-7.6%
Net earnings−$74.7M

ProFrac Holding, Q2 2026: revenue $498M (-0.8% year over year), operating margin -7.6%, net loss $74.7M, operating cash flow $22.9M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$498M+11%-0.8%
Operating profit−$37.9M——
Net earnings−$74.7M——
Operating cash flow$22.9M+146%-76%

What changed

Revenue was $498.1M in Q2 2026, down 1% year over year and up 11% from the previous quarter. Service was the largest line at 87% of revenue. Product lost $2.7M year over year (down 4%), 71% of the total change.

Operating costs exceeded revenue by $37.9M, an operating margin of -7.6%. Total costs fell 4% while revenue fell 1%. The quarter ended with a net loss of $74.7M, narrower than the previous quarter's $80.8M loss.

Operating cash flow was $22.9M (down 76% year over year). Non-cash charges added back $97.0M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items used $1.9M. Capital expenditures of $31.7M exceeded it, leaving free cash flow of −$8.8M.

Questions

What was ProFrac Holding's revenue in the second quarter 2026?

ProFrac Holding (ACDC) reported revenue of $498M for the second quarter 2026 (Q2 2026), -0.8% from a year earlier and +11% from the quarter before.

Was ProFrac Holding profitable in the second quarter 2026?

Operating loss was $37.9M (-7.6% of revenue) and net loss $74.7M.

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Source: ProFrac Holding 10-Q on SEC EDGAR.