Every 8-K that ProFrac Holding Corp. (ACDC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ACDC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ACDC filings page.
ProFrac Holding Corp. reported Q2 2026 revenue of $498.1 million, slightly below $501.9 million a year earlier. Net loss attributable to ProFrac was $79.7 million, compared with $108.0 million in Q2 2025, while Adjusted EBITDA was $69.4 million, down from $78.6 million. Stimulation Services generated $430 million of revenue and $39 million of Adjusted EBITDA; Proppant Production, Manufacturing and Flotek contributed $121 million, $48 million and $102 million of revenue, respectively.
For the first half of 2026, revenue totaled $947.7 million versus $1,102.2 million in 2025, with a net loss attributable to ProFrac of $163.2 million. Second-quarter free cash flow was negative $7.9 million on cash capital expenditures of about $32 million. As of June 30, 2026, total principal debt was roughly $1.10 billion, net debt was $1,083.6 million and liquidity was about $72 million. On July 1, ProFrac upsized and refinanced its asset-based revolver to $300 million, extending its debt maturity profile and providing enhanced borrowing-base terms to support liquidity.
Effective August 7, 2026, Chief Executive Officer Johnathan “Ladd” Wilks will resign and join the Board, replacing director Sergei Krylov. Executive Chairman Matthew “Matt” Wilks will assume the additional role of CEO while remaining Executive Chairman. All of Ladd Wilks’ outstanding unvested equity awards will be cancelled without acceleration.
ProFrac Holding Corp. refinanced its asset-based lending arrangements by entering into a new senior secured revolving credit facility for up to $300 million with Eclipse Business Capital. The facility, secured by substantially all assets of the borrower and guarantors, matures on July 1, 2030 and includes an uncommitted accordion of up to $25 million.
Loans bear interest at Adjusted Term SOFR plus 4.25% until January 1, 2027, then at either a base rate or Adjusted Term SOFR plus margins tied to availability and fixed charge coverage. ProFrac used this facility, together with cash on hand, to repay and terminate its prior $275 million JPMorgan ABL facility. A related supplemental indenture increased the permitted credit-facility debt basket for the company’s senior secured floating rate notes from $275 million to $325 million.
ProFrac Holding Corp. reported results from its annual stockholders meeting held on May 27, 2026. Stockholders voted on three proposals covering director elections, executive pay and auditor ratification.
Six directors were elected to one-year terms. Vote support for the nominees ranged from 148,851,274 to 150,594,220 shares, with broker non-votes of 16,152,235 on each nominee. This confirms the existing board slate for the coming year.
In a non-binding advisory vote, stockholders approved the compensation of the company’s named executive officers, with 157,287,850 votes for, 588,648 against and 14,505 abstentions, plus 16,152,234 broker non-votes. Stockholders also ratified Grant Thornton LLP as independent registered public accountants for the fiscal year ending December 31, 2026, with 173,958,254 votes for, 16,467 against, 1,790 abstentions and 66,726 broker non-votes.
ProFrac Holding Corp. reported first quarter 2026 revenue of $449.6 million, down from $600.3 million a year earlier, and a net loss attributable to the company of $83.5 million. Adjusted EBITDA was $54.0 million, with results described as exceeding internal expectations despite weather-related disruptions that reduced Adjusted EBITDA by about $9 million.
The Stimulation Services segment generated $407.0 million of revenue and $32.0 million of Adjusted EBITDA, while Proppant Production, Manufacturing and Flotek contributed $119.6 million, $48.4 million and $72.3 million of revenue, respectively. Companywide free cash flow was negative $25.2 million as $40.7 million of cash capital expenditures outpaced $9.3 million of operating cash flow.
Total principal debt was $1.09 billion and net debt was $1.05 billion as of March 31, 2026. Liquidity totaled about $108 million, including $28 million of cash and cash equivalents (excluding Flotek) and $80 million of availability under the asset-based credit facility. Management maintained 2026 capital expenditure guidance of $155 million to $185 million, including Flotek.
ProFrac Holding Corp. granted new long-term equity incentives to senior executives and a special cash award to its Chief Financial Officer. On April 7, 2026, the board’s compensation committee approved performance-based restricted stock unit awards, each PSU representing one share of Class A common stock.
The Executive Chairman and CEO each received 287,500 PSUs, the CFO received 270,000 PSUs, and the Chief Commercial Officer received 150,000 PSUs. Vesting requires one year of continued employment and achievement of stock price targets, with VWAP thresholds of $7.00, $10.00, $14.00 and $18.00 over 30 trading days before April 7, 2036. The committee also approved a $1,000,000 special cash incentive for the CFO, payable in four quarterly installments of $250,000 during 2026, subject to continued employment and robust clawback and forfeiture terms.
ProFrac Holding Corp. reported weaker full-year 2025 results, with total revenue of $1.94 billion versus $2.19 billion in 2024 and a widened net loss of $356 million compared to $208 million. Adjusted EBITDA fell to $310 million from $501 million, and free cash flow declined to $25 million from $185 million. Net debt was $1.03 billion as of December 31, 2025.
Fourth-quarter 2025 showed sequential improvement: revenue rose to $437 million from $403 million in the third quarter, Adjusted EBITDA increased to $61 million from $41 million, and free cash flow improved to $14 million from negative $29 million. Management highlighted a business optimization plan targeting $100 million in annualized savings by the end of the second quarter of 2026 and guided to 2026 capital expenditures of $155 million–$185 million. The company expects first-quarter 2026 results to be softer due to January weather disruptions, estimating an $8 million–$12 million impact on Adjusted EBITDA.
ProFrac Holding Corp. updated its main credit agreement through a Ninth Amendment effective March 3, 2026. The maximum availability under the facility was reduced to $275.0 million, while the scheduled maturity was extended by six months to September 3, 2027.
The amendment revises pricing so the applicable margin for SOFR-based loans now starts in a range of 1.75% to 2.25%, with 0.25% step-ups every three months after the amendment’s effective date, up to a range of 3.00% to 3.50%. The unused line fee was reset to 0.375% at all times.
The amendment also tightens certain negative covenant exceptions and replaces a previous $15.0 million minimum liquidity requirement with a $45.0 million minimum availability covenant, increasing the borrowing base cushion the company must maintain under the facility.
ProFrac Holding Corp., through its indirect subsidiary ProFrac Holdings II, LLC, issued $25 million aggregate principal amount of Senior Secured Floating Rate Notes due 2029 in a private placement to Beal Bank USA. These New Notes were issued as additional notes under the existing indenture dated December 27, 2023, as supplemented by a Sixth Supplemental Indenture signed on January 7, 2026.
The company plans to use the net proceeds primarily to fund capital expenditures, with any remaining amount for general corporate purposes. The New Notes will form a single series with the previously issued notes under the same indenture and share substantially identical terms and collateral, differing mainly in issue date, issue price and first payment date.
ProFrac Holding Corp. (ACDC) furnished an earnings press release announcing its financial results for the quarter ended September 30, 2025. The release was provided as Exhibit 99.1 to a Form 8-K dated November 10, 2025.
The company states the information in Item 2.02, including Exhibit 99.1, is furnished and not deemed filed under Section 18 of the Exchange Act. The press release also includes forward-looking statements with a cautionary note. Additional exhibits include the Cover Page Interactive Data File (Exhibit 104).
ProFrac Holding Corp. reported that underwriters in its recent Class A common stock offering partially exercised their overallotment option, purchasing an additional 1,840,998 shares on August 25, 2025. These additional shares, called the Option Shares, generated approximately $7.1 million in aggregate net proceeds for the company after underwriting fees and commissions and before expenses.
The issuance and sale of the Option Shares closed on August 27, 2025, further increasing the equity capital ProFrac raised from its previously completed underwritten public offering of Class A common stock.
On August 12, 2025, ProFrac Holding Corp. entered an underwriting agreement with J.P. Morgan Securities LLC and Piper Sandler & Co. for an offering of 18,750,000 shares of Class A common stock, and granted the underwriters a 30-day option to purchase up to an additional 2,812,500 shares. The sale of the Firm Shares closed on August 14, 2025, producing approximately $72.8 million in net proceeds to the company after underwriting fees and commissions and before expenses. The offering was registered on Form S-3 (Registration No. 333-273453) with a prospectus supplement dated August 12, 2025. The underwriting agreement includes customary representations, warranties and indemnification provisions, and a legal opinion is filed as Exhibit 5.1.