ProFrac Holding Corp.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenues $547.7m $768.4m $2.4b $2.6b $2.2b $1.9b
Cost of revenues, exclusive of depreciation, depletion and amortization $427.0m $570.1m $1.4b $1.7b $1.5b $1.5b
Selling, general, and administrative $48.2m $64.2m $243.1m $268.5m $204.6m $190.5m
Total operating costs and expenses $642.7m $786.4m $2.0b $2.5b $2.3b $2.2b
Operating income (loss) ($95.0m) ($18.0m) $412.4m $166.6m ($60.4m) ($225.8m)
Depreciation, depletion and amortization $150.7m $140.7m $267.3m $438.4m $442.2m $416.3m
Impairment of long-lived assets and goodwill $2 $2.5m $74.5m $52.6m
Loss on extinguishment of debt ($500k) ($17.6m) ($33.5m) ($800k) ($2)
Loss before income taxes ($118.0m) ($43.7m) $351.8m ($58.0m) ($214.8m) ($368.4m)
Net loss ($118.5m) ($43.5m) $342.7m ($59.2m) ($207.8m) ($355.5m)
Less: net (income) loss attributable to noncontrolling interests $1.1m $1.1m $28.4m $3.3m ($7.3m) ($13.5m)
Net loss attributable to ProFrac Holding Corp. $91.5m ($97.7m) ($215.1m) ($369.0m)
Net loss attributable to Class A common shareholders $91.5m ($107.5m) ($219.9m) ($374.3m)
Basic Loss per Class A common share $2 ($1) ($1) ($2)
Diluted Loss per Class A common share $2 ($1) ($1) ($2)
Less: net income attributable to redeemable noncontrolling interests ($1.1m) ($206.0m) ($41.8m) $0 $0
Weighted average Class A common shares outstanding, basic 44.3m 130.9m 159.9m 168.3m
Weighted average Class A common shares outstanding, diluted 44.5m 130.9m 159.9m 168.3m
Acquisition and integration costs $48.8m $21.8m $7.8m $200k
Other operating expense, net $16.8m $11.4m $15.3m $29.5m $27.1m $53.4m
Interest expense, net ($23.3m) ($25.8m) ($59.5m) ($154.9m) ($156.6m) ($138.8m)
Other income (expense), net $300k $600k $16.5m ($36.2m) $3.0m ($3.8m)
Income tax benefit (expense) ($500k) $200k ($9.1m) ($1.2m) $7.0m $12.9m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.