ProFrac Holding reports Q1 revenue $600.3M, consensus $495.7M

Reports Q1 adjusted EBITDA $130M. “Our first quarter 2025 results were strong, with revenue increasing 32% and Adjusted EBITDA increasing 83% versus fourth quarter 2024. Further, we achieved new operating efficiency records both in terms of pump hours and average pump hours per fleet, a testament to our asset management program and execution in the field. In Proppant Production, volumes ramped significantly early in the quarter, and we achieved volumes in March that were the highest since November 2023,” said Matt Wilks, ProFrac’s executive chairman.