Filing Flows › ProFrac Holding (ACDC) › Q4 2025
ProFrac Holding (ACDC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 13, 2026
ProFrac Holding (ACDC) reported revenue of $436M for the fourth quarter 2025 (Q4 2025), -4% from a year earlier and +8% from the quarter before. Operating margin was -24.1%, net loss $140M (32.2% of revenue).
ProFrac Holding, Q4 2025: revenue $436M (-4% year over year), operating margin -24.1%, net loss $140M, operating cash flow $49.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $436M | +8% | -4% |
| Operating profit | −$105M | — | — |
| Net earnings | −$140M | — | — |
| Operating cash flow | $49.5M | +976% | -35% |
| Free cash flow | $13.8M | — | -75% |
What changed
Revenue was $436.5M in Q4 2025, down 4% year over year and up 8% from the previous quarter. Service was the largest line at 88% of revenue.
Operating costs exceeded revenue by $105.0M, an operating margin of -24.1%. Total costs grew 8% against a revenue fall of 4%. The fastest-growing cost line was Other operating costs (+40%). The quarter ended with a net loss of $140.5M, wider than the previous quarter's $92.4M loss.
Operating cash flow was $49.5M (down 35% year over year). Non-cash charges added back $102.6M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items added $84.7M. After investment in property, plant & equipment, net ($35.7M), free cash flow as the company reports it was $13.8M.
Questions
What was ProFrac Holding's revenue in the fourth quarter 2025?
ProFrac Holding (ACDC) reported revenue of $436M for the fourth quarter 2025 (Q4 2025), -4% from a year earlier and +8% from the quarter before.
Was ProFrac Holding profitable in the fourth quarter 2025?
Operating loss was $105M (-24.1% of revenue) and net loss $140M.
Source: ProFrac Holding 10-K on SEC EDGAR.