Profrac Holding Corp. Class A ( (ACDC) ) has released its Q1 earnings. Here is a breakdown of the information Profrac Holding Corp. Class A presented to its investors.
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ProFrac Holding Corp., a technology-focused energy services company, operates in the hydraulic fracturing and proppant production sectors, offering services to upstream oil and natural gas companies in North America.
In its first quarter of 2025, ProFrac Holding Corp. reported a significant increase in revenue, reaching $600 million, up from $455 million in the previous quarter. The company also reduced its net loss to $15 million from $102 million, demonstrating improved financial performance.
Key financial highlights include an 83% increase in Adjusted EBITDA to $130 million, reflecting enhanced operational efficiency and asset management. The Stimulation Services segment led with $525 million in revenue, while Proppant Production and Manufacturing segments also showed growth. However, free cash flow turned negative at $(14) million, indicating challenges in cash management.
Looking ahead, ProFrac anticipates a slight decline in segment volumes in the second quarter, influenced by market conditions and customer selectivity in oil-directed completions. Despite these challenges, the company remains agile, leveraging its asset management capabilities to adapt to market dynamics.