ACDC Q1 2024 Earnings — ProFrac Holding Corp. Revenue & Financial Results | Market Cap Arena

ACDCProFrac Holding Corp.

$1B

Q1 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$582M-32.2% YoY

Gross Profit

$95M16.3% margin

Operating Income

$40M6.9% margin

Net Income

$2M0.3% margin

EPS (Diluted)

$0.00

QoQ Revenue Growth

+18.9%

Cash Flow

Operating Cash Flow

$79M

Free Cash Flow

$19M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$1.7B

Stockholders' Equity

$1.2B

Cash & Equivalents

$28M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$582M	$858M	-32.2%
Gross Profit	$95M	$201M	-52.8%
Operating Income	$40M	$107M	-62.6%
Net Income	$2M	$22M	-91.8%

Revenue Segments

Service

$505M87%

Product

$76M13%