ACDC Q2 2024 Earnings — ProFrac Holding Corp. Revenue & Financial Results | Market Cap Arena

ACDCProFrac Holding Corp.

$1B

Q2 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$579M-18.3% YoY

Gross Profit

$83M14.3% margin

Operating Income

-$49M-8.5% margin

Net Income

-$67M-11.5% margin

EPS (Diluted)

$-0.42

QoQ Revenue Growth

-0.4%

Cash Flow

Operating Cash Flow

$114M

Free Cash Flow

$52M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$1.9B

Stockholders' Equity

$1.2B

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$579M	$709M	-18.3%
Gross Profit	$83M	$126M	-34.0%
Operating Income	-$49M	$54M	-191.6%
Net Income	-$67M	-$3M	-2200.0%

Revenue Segments

Service

$493M85%

Product

$87M15%