ProFrac Holding Corp. (ACDC) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 9.3M | 49.5M | 900K | 100.4M | 38.7M | 76.5M | 101.6M | 113.5M | 79.1M | 42.7M | 123.6M | 153.7M | 233.5M | 158.54M | 172.1M | 40.8M | 43.7M | 6.25M | 10.91M | 10.47M |
| Operating CF Margin % | 2.07% | 11.34% | 0.22% | 20% | 6.45% | 16.82% | 17.66% | 19.59% | 13.6% | 8.73% | 21.53% | 21.67% | 27.23% | 19.97% | 24.7% | 6.92% | 12.67% | 0.96% | 5.57% | 5.99% |
| Operating CF Growth % | -75.97% | -35.29% | -99.11% | -11.54% | -51.07% | 79.16% | -17.8% | -26.15% | -66.12% | -73.07% | -28.18% | 276.72% | 434.32% | 2435.78% | 1477.45% | 289.68% | 167.93% | 497.71% | -3.14% | -7.04% |
| Net Income | -83.5M | -142.6M | -100.9M | -103.5M | -15.4M | -101.7M | -45.2M | -66.7M | 3M | -96.5M | -18.9M | -4.6M | 59.8M | 105.12M | 44M | 6.6M | 20M | 5.13M | -14.07M | -8.61M |
| Depreciation & Amortization | 97.1M | 102.6M | 103M | 104.7M | 106M | 113.3M | 112.7M | 107.8M | 112.8M | 0 | 111.5M | 0 | 0 | 0 | 69.1M | 64.4M | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 0 | 0 | 0 | 800K | 1.1M | 1.2M | 0 | 2.9M | 2.1M | 2.5M | 0 | 9.8M | 13.1M | 14.17M | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 1.4M | 2.4M | -16.5M | 0 | 0 | 14.7M | 1.8M | 0 | 200K | -4.9M | 5M | 0 | 0 | 1.34M | 1.4M | 1M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 4.4M | 65.9M | 18.4M | 29.6M | -2.8M | -4.3M | 14.1M | 38.8M | -15.1M | 131.1M | -1.3M | 104.4M | 112.5M | 85.97M | 111.1M | 110.2M | 42M | 34.48M | 41.9M | 37.35M |
| Working Capital Changes | -10.1M | 21.2M | -3.1M | 68.8M | -50.2M | 53.3M | 18.2M | 30.7M | -23.9M | 10.5M | 27.3M | 44.1M | 48.1M | -48.07M | -53.5M | -141.4M | -18.3M | -33.36M | -16.92M | -18.28M |
| Change in Receivables | -52.8M | 500K | 64.4M | 56.5M | -94.5M | 42.1M | 19.4M | 35.2M | -41.2M | -14.6M | 127.4M | 133.9M | -41.9M | 17.17M | -46.1M | -127.6M | -46.8M | -58.24M | -6.08M | -16.34M |
| Change in Inventory | -8M | 14.7M | 14.2M | 8.9M | 1M | 38M | 19.8M | -9.7M | 16.6M | 34.4M | 32.9M | -23.5M | -24.7M | 2.05M | -39.4M | -38.4M | -19M | -1.59M | -7.1M | -919K |
| Change in Payables | 48.6M | 900K | -70.5M | -2M | 49.2M | -31.9M | 34.4M | 0 | -20.3M | -20.1M | -86M | -98.6M | 136.5M | 36.57M | 19.1M | -42.6M | 29.8M | 26.82M | 5.11M | -11.53M |
| Cash from Investing | -34.5M | -35.7M | -30.1M | -46.2M | -51.7M | -20.5M | -67M | -231.5M | -53.3M | -23.1M | -45.7M | -110.6M | -525.8M | -398.84M | -241.5M | -53.6M | -334.7M | -22.86M | -17.08M | -35.52M |
| Capital Expenditures | -40.7M | -36.6M | -34.3M | -46.5M | -52.5M | -63.2M | -70M | -61.9M | -59.9M | -33.1M | -52.6M | -98.1M | -83.2M | -116.72M | -123.4M | -74.6M | -41.5M | -16.82M | -16.98M | -36.25M |
| CapEx % of Revenue | 9.05% | 8.38% | 8.51% | 9.26% | 8.75% | 13.9% | 12.17% | 10.68% | 10.3% | 6.77% | 9.16% | 13.83% | 9.7% | 14.7% | 17.71% | 12.65% | 12.03% | 2.57% | 8.67% | 20.74% |
| Acquisitions | 6.2M | 900K | 4.2M | 0 | 0 | 0 | 2.9M | -194.4M | 0 | 7.3M | 6.9M | -12.9M | -443.6M | -285.77M | -97.2M | 22.3M | -334.9M | -1.86M | 0 | -127K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 300K | 800K | 42.7M | 2.1M | 24.8M | 6.6M | 2.7M | 0 | 400K | 1M | 1.61M | 0 | 0 | 45.6M | 66K | -99K | 856K |
| Cash from Financing | 35.8M | -48.9M | 61.2M | -44.2M | 14.2M | -66.7M | -33.1M | 113.7M | -22.8M | -20.1M | -79.9M | -88M | 327.1M | 211.44M | 60.3M | 57.9M | 316.3M | 5.61M | 5.15M | 32.72M |
| Debt Issued (Net) | 36.2M | -47.9M | -17.7M | -43.5M | 15.5M | -66.6M | -33.1M | 117.4M | -21.6M | 23.3M | -128.8M | -87.1M | 345.5M | 218.42M | 60.3M | -170.9M | 334.2M | 8.98M | 5.12M | 33.85M |
| Equity Issued (Net) | 0 | 600K | 79M | 0 | 0 | 0 | 0 | -1.4M | 0 | 0 | 48.9M | 0 | 0 | -18K | 0 | 301.7M | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -400K | -1.6M | -100K | -700K | -1.3M | -100K | 0 | -2.3M | -1.2M | -43.4M | 0 | -900K | -18.4M | -6.96M | 0 | -72.9M | -17.9M | -3.37M | 37K | -1.13M |
| Net Change in Cash | 10.6M | -35.1M | 32M | 10M | 1.2M | -10.7M | 1.5M | -4.3M | 3M | -500K | -2M | -44.9M | 34.8M | -28.84M | -8.97M | 45M | 25.3M | -10.99M | -1.01M | 7.66M |
| Free Cash Flow | -31.4M | 12.9M | -33.4M | 53.9M | -13.8M | 13.3M | 31.6M | 51.6M | 19.2M | 9.6M | 71M | 55.6M | 150.3M | 41.81M | 48.7M | -33.8M | 2.2M | -10.56M | -6.07M | -25.78M |
| FCF Margin % | -6.98% | 2.96% | -8.29% | 10.74% | -2.3% | 2.93% | 5.49% | 8.91% | 3.3% | 1.96% | 12.37% | 7.84% | 17.53% | 5.27% | 6.99% | -5.73% | 0.64% | -1.62% | -3.1% | -14.75% |
| FCF Growth % | -127.54% | -3.01% | -205.7% | 4.46% | -171.88% | 38.54% | -55.49% | -7.19% | -87.23% | -77.04% | 45.79% | 264.5% | 6731.82% | 495.85% | 902.57% | -31.11% | 310.12% | -62.11% | -713.68% | -3356.92% |
| FCF per Share | -0.20 | 0.08 | -0.20 | 0.34 | -0.09 | 0.08 | 0.20 | 0.32 | 0.12 | 0.06 | 0.45 | 0.37 | 2.74 | 0.77 | 1.18 | -0.82 | 0.05 | -0.27 | -0.43 | -0.66 |
| FCF Conversion (FCF/Net Income) | -0.11x | -0.35x | -0.01x | -0.95x | -2.21x | -0.73x | -2.25x | -1.70x | 43.94x | -0.46x | -6.54x | -53.00x | 10.61x | -9.44x | 3.91x | 6.18x | - | -0.06x | -0.78x | -1.23x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.76M | 0 | 0 | 6.64M | 6.23M | 4.69M | 6.3M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.34M | 0 | 0 | 0 | 0 | 110K | 0 |