ACDC Q2 2023 Earnings — ProFrac Holding Corp. Revenue & Financial Results | Market Cap Arena

ACDCProFrac Holding Corp.

$1B

Q2 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$709M+20.2% YoY

Gross Profit

$126M17.7% margin

Operating Income

$54M7.6% margin

Net Income

-$3M-0.4% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-17.3%

Cash Flow

Operating Cash Flow

$154M

Free Cash Flow

$56M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$2.1B

Stockholders' Equity

$1.3B

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$709M	$590M	+20.2%
Gross Profit	$126M	$186M	-32.5%
Operating Income	$54M	$93M	-41.9%
Net Income	-$3M	$7M	-143.9%

Revenue Segments

All Other Segments

$103M62%

Manufacturing Segment

$62M38%