10-Q Filing

ProFrac Holding Corp. CIK: 1881487 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-041933`
Period End Date	20230630
Filing Date	20230811
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	acdc-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 86 Cash Flow Statement 81 Stockholders Equity 49 Comprehensive Income 28

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Preferred shares, par value	`PreferredStockNoParValue`	$0.01	USD	Point-in-time
Preferred shares, par value	`PreferredStockNoParValue`	$0.01	USD	Point-in-time
Preferred shares, authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred shares, authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred shares, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred shares, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.10M	USD	Point-in-time
Preferred shares, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred shares, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Trade customers, net	`AccountsReceivableNetCurrent`	$460.50M	USD	Point-in-time
Trade customers, net	`AccountsReceivableNetCurrent`	$535.50M	USD	Point-in-time
Related party	`AccountsReceivableRelatedPartiesCurrent`	$5.70M	USD	Point-in-time
Related party	`AccountsReceivableRelatedPartiesCurrent`	$2.10M	USD	Point-in-time
Inventories	`InventoryNet`	$249.50M	USD	Point-in-time
Inventories	`InventoryNet`	$304.80M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$43.20M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$31.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$828.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$865.40M	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$1.40B	USD	Point-in-time
Property, plant, and equipment, net	`PropertyPlantAndEquipmentNet`	$1.91B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$112.90M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$102.00M	USD	Point-in-time
Goodwill	`Goodwill`	$321.40M	USD	Point-in-time
Goodwill	`Goodwill`	$240.50M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$191.10M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$203.10M	USD	Point-in-time
Investments	`LongTermInvestments`	$58.60M	USD	Point-in-time
Investments	`LongTermInvestments`	$48.40M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$400.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$56.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$47.40M	USD	Point-in-time
Total assets	`Assets`	$2.93B	USD	Point-in-time
Total assets	`Assets`	$3.45B	USD	Point-in-time
Trade creditors	`AccountsPayableCurrent`	$339.40M	USD	Point-in-time
Trade creditors	`AccountsPayableCurrent`	$425.10M	USD	Point-in-time
Related party	`AccountsPayableRelatedPartiesCurrent`	$33.50M	USD	Point-in-time
Related party	`AccountsPayableRelatedPartiesCurrent`	$24.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$115.40M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$124.50M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$114.40M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$127.60M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$36.60M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$36.00M	USD	Point-in-time
Third party	`ThirdPartyCurrent`	$25.70M	USD	Point-in-time
Third party	`ThirdPartyCurrent`	$67.40M	USD	Point-in-time
Related party	`DueToOtherRelatedPartiesClassifiedCurrent`	$36.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$668.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$837.80M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$1.02B	USD	Point-in-time
Long-term debt	`LongTermDebt`	$735.00M	USD	Point-in-time
Long-term debtrelated party	`DueToRelatedPartiesNoncurrent`	$35.00M	USD	Point-in-time
Long-term debtrelated party	`DueToRelatedPartiesNoncurrent`	$62.80M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$69.80M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$81.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$77.60M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$36.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$84.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.58B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.12B	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$2.46B	USD	Point-in-time
Preferred stock, $0.01 par value, 50.0 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 50.0 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.17B	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$110.60M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-1.19B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLoss`	$200.00K	USD	Point-in-time
Total stockholders' equity (deficit) attributable to ProFrac Holding Corp.	`StockholdersEquity`	$1.28B	USD	Point-in-time
Total stockholders' equity (deficit) attributable to ProFrac Holding Corp.	`StockholdersEquity`	$-1.18B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$72.20M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$47.30M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.11B	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest, and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$2.93B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest, and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$3.45B	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$934.80M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$709.20M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$589.80M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.57B	USD	2 Qtrs
Cost of revenues, exclusive of depreciation, depletion and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$575.70M	USD	2 Qtrs
Cost of revenues, exclusive of depreciation, depletion and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.01B	USD	2 Qtrs
Cost of revenues, exclusive of depreciation, depletion and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$339.20M	USD	1 Quarter
Cost of revenues, exclusive of depreciation, depletion and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$467.80M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$83.50M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$148.20M	USD	2 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$104.50M	USD	2 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$70.30M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$64.40M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$219.20M	USD	2 Qtrs
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$108.90M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$109.00M	USD	2 Qtrs
Acquisition and integration costs	`AcquisitionAndIntegrationCosts`	$17.50M	USD	2 Qtrs
Acquisition and integration costs	`AcquisitionAndIntegrationCosts`	$4.10M	USD	1 Quarter
Acquisition and integration costs	`AcquisitionAndIntegrationCosts`	$5.20M	USD	1 Quarter
Acquisition and integration costs	`AcquisitionAndIntegrationCosts`	$17.10M	USD	2 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-3.30M	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-7.70M	USD	2 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-6.00M	USD	2 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-6.10M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$1.41B	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$655.50M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$812.30M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$497.30M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$122.50M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$53.70M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$92.50M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$160.40M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$13.40M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$22.70M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$75.90M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$41.00M	USD	1 Quarter
(Loss) gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-17.10M	USD	2 Qtrs
(Loss) gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$4.10M	USD	2 Qtrs
(Loss) gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-8.80M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-17.10M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$9.20M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$1.00M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-7.70M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$71.50M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$91.90M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$71.30M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$16.30M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$4.50M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$9.60M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$3.90M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-4.60M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$55.20M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$20.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$67.40M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$87.40M	USD	2 Qtrs
Less: net income attributable to ProFrac Predecessor	`NetIncomeLossAttributableToPredecessor`	$54.00M	USD	1 Quarter
Less: net income attributable to ProFrac Predecessor	`NetIncomeLossAttributableToPredecessor`	$73.60M	USD	2 Qtrs
Less: net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-5.70M	USD	2 Qtrs
Less: net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-1.50M	USD	1 Quarter
Less: net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-8.70M	USD	1 Quarter
Less: net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-8.30M	USD	2 Qtrs
Less: net loss (income) attributable to redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$15.50M	USD	2 Qtrs
Less: net loss (income) attributable to redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$15.50M	USD	1 Quarter
Less: net loss (income) attributable to redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$41.80M	USD	2 Qtrs
Less: net loss (income) attributable to redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-200.00K	USD	1 Quarter
Net (loss) income attributable to ProFrac Holding Corp.	`NetIncomeLoss`	$-2.90M	USD	1 Quarter
Net (loss) income attributable to ProFrac Holding Corp.	`NetIncomeLoss`	$6.60M	USD	1 Quarter
Net (loss) income attributable to ProFrac Holding Corp.	`NetIncomeLoss`	$19.10M	USD	2 Qtrs
Net (loss) income attributable to ProFrac Holding Corp.	`NetIncomeLoss`	$6.60M	USD	2 Qtrs
Basic (Loss) earnings per Class A share	`EarningsPerShareBasic`	$0.16	USD	1 Quarter
Basic (Loss) earnings per Class A share	`EarningsPerShareBasic`	$0.16	USD	2 Qtrs
Basic (Loss) earnings per Class A share	`EarningsPerShareBasic`	$-0.02	USD	1 Quarter
Basic (Loss) earnings per Class A share	`EarningsPerShareBasic`	$0.19	USD	2 Qtrs
Diluted (Loss) earnings per Class A share	`EarningsPerShareDiluted`	$0.16	USD	1 Quarter
Diluted (Loss) earnings per Class A share	`EarningsPerShareDiluted`	$0.19	USD	2 Qtrs
Diluted (Loss) earnings per Class A share	`EarningsPerShareDiluted`	$0.16	USD	2 Qtrs
Diluted (Loss) earnings per Class A share	`EarningsPerShareDiluted`	$-0.02	USD	1 Quarter
Weighted average Class A common shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	40.10M	shares	2 Qtrs
Weighted average Class A common shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	148.80M	shares	1 Quarter
Weighted average Class A common shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	40.10M	shares	1 Quarter
Weighted average Class A common shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	101.90M	shares	2 Qtrs
Weighted average Class A common shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	148.80M	shares	1 Quarter
Weighted average Class A common shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	102.10M	shares	2 Qtrs
Weighted average Class A common shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.10M	shares	1 Quarter
Weighted average Class A common shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.10M	shares	2 Qtrs

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$-4.60M	USD	1 Quarter
Net income	`ProfitLoss`	$55.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$20.00M	USD	1 Quarter
Net income	`ProfitLoss`	$67.40M	USD	1 Quarter
Net income	`ProfitLoss`	$87.40M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$109.00M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$219.20M	USD	2 Qtrs
Amortization of contract liabilities	`AmortizationOfContractLiabilities`	$-24.60M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$22.90M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$40.40M	USD	2 Qtrs
Loss on disposal of assets, net	`GainLossOnDispositionOfAssets`	$-1.00M	USD	2 Qtrs
Loss on disposal of assets, net	`GainLossOnDispositionOfAssets`	$-2.00M	USD	2 Qtrs
Non-cash (gain) loss on extinguishment of debt	`NonCashGainLossOnExtinguishmentOfDebt`	$-10.20M	USD	2 Qtrs
Non-cash (gain) loss on extinguishment of debt	`NonCashGainLossOnExtinguishmentOfDebt`	$4.10M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$12.90M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$2.70M	USD	2 Qtrs
Acquisition earnout adjustment	`AcquisitionEarnOutAdjustment`	$3.60M	USD	1 Quarter
Acquisition earnout adjustment	`AcquisitionEarnOutAdjustment`	$6.60M	USD	2 Qtrs
Unrealized loss (gain) on investments, net	`UnrealizedGainLossOnInvestments`	$-19.00M	USD	2 Qtrs
Unrealized loss (gain) on investments, net	`UnrealizedGainLossOnInvestments`	$-9.30M	USD	1 Quarter
Unrealized loss (gain) on investments, net	`UnrealizedGainLossOnInvestments`	$8.50M	USD	2 Qtrs
Unrealized loss (gain) on investments, net	`UnrealizedGainLossOnInvestments`	$400.00K	USD	1 Quarter
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$1.00M	USD	2 Qtrs
Other non-cash items, net	`OtherNoncashIncomeExpense`	$-100.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$174.40M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-92.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$48.20M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$57.40M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.10M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-7.40M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-12.80M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$37.90M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$82.30M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$13.50M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-10.40M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$9.70M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$387.20M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$84.50M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$257.20M	USD	2 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$461.80M	USD	2 Qtrs
Investment in property, plant & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$116.10M	USD	2 Qtrs
Investment in property, plant & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$181.30M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$1.40M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$46.10M	USD	2 Qtrs
Investment in unconsolidated affiliate	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$47.20M	USD	2 Qtrs
Initial investment in Flotek	`PaymentToInvestmentInFlotek`	$10.00M	USD	2 Qtrs
Other investments	`PaymentsForProceedsFromOtherInvestingActivities`	$3.90M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-641.70M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-388.30M	USD	2 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$320.20M	USD	2 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$587.50M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$497.80M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$75.20M	USD	2 Qtrs
Borrowings from revolving credit agreements	`ProceedsFromLinesOfCredit`	$197.20M	USD	2 Qtrs
Borrowings from revolving credit agreements	`ProceedsFromLinesOfCredit`	$864.60M	USD	2 Qtrs
Repayments to revolving credit agreements	`RepaymentsOfLinesOfCredit`	$122.90M	USD	2 Qtrs
Repayments to revolving credit agreements	`RepaymentsOfLinesOfCredit`	$845.90M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$18.50M	USD	2 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$23.60M	USD	2 Qtrs
Tax withholding related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$800.00K	USD	2 Qtrs
Member contribution	`ProceedsFromContributionsFromParent`	$5.00M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$329.10M	USD	2 Qtrs
Payment of common stock issuance costs	`PaymentsOfStockIssuanceCosts`	$27.40M	USD	2 Qtrs
Payment of THRC related equity	`PaymentOfTHRCRelatedEquity`	$72.90M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$374.20M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$244.40M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$70.40M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-10.10M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$75.80M	USD	Point-in-time
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$27.80M	USD	Point-in-time
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.90M	USD	Point-in-time
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.40M	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$75.80M	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$27.80M	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.90M	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.40M	USD	Point-in-time
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$56.40M	USD	2 Qtrs
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$27.40M	USD	2 Qtrs
Operating lease liabilities incurred from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$45.00M	USD	2 Qtrs
Operating lease liabilities incurred from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$8.50M	USD	2 Qtrs
Finance lease liabilities incurred from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$2.80M	USD	2 Qtrs

Stockholders Equity 49 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$1.33B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$-1.11B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$148.10M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$200.80M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$-1.32B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$242.20M	USD	Point-in-time
Member contributions	`StockIssuedDuringPeriodValueMemberContributions`	$5.00M	USD	1 Quarter
Deemed distribution	`IncreaseDecreaseInEquityDueToDeemedDistribution`	$3.70M	USD	1 Quarter
Stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$72.90M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$800.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$2.30M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.00M	USD	1 Quarter
Stock-based compensation related to deemed contribution	`StockBasedCompensationRelatedToDeemedContribution`	$6.80M	USD	1 Quarter
Stock-based compensation related to deemed contribution	`StockBasedCompensationRelatedToDeemedContribution`	$3.50M	USD	1 Quarter
Stock-based compensation related to deemed contribution	`StockBasedCompensationRelatedToDeemedContribution`	$11.20M	USD	1 Quarter
Tax withholding related to net share settlement of equity awards	`AdjustmentToAdditionalPaidInCapitalTaxWithholdingRelatedToNetShareSettlementOfEquityAwards`	$800.00K	USD	1 Quarter
Deferred taxes related to conversion of Class B common stock to Class A common stock	`ConversionOfStockAmountConverted1`	$74.70M	USD	1 Quarter
Net income (loss)	`ProfitLossNetOfPortionAttributableToRedeemableControllingInterest`	$-4.40M	USD	1 Quarter
Net income (loss)	`ProfitLossNetOfPortionAttributableToRedeemableControllingInterest`	$17.80M	USD	1 Quarter
Net income	`ProfitLoss`	$-4.60M	USD	1 Quarter
Net income	`ProfitLoss`	$55.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$20.00M	USD	1 Quarter
Net income	`ProfitLoss`	$67.40M	USD	1 Quarter
Net income	`ProfitLoss`	$87.40M	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$200.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-100.00K	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-400.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-100.00K	USD	2 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-100.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-400.00K	USD	1 Quarter
Adjustment of redeemable noncontrolling interest to redemption amount	`DerecognizeAdjustmentOfRedeemableNoncontrollingInterestToRedemptionAmount`	$-57.90M	USD	1 Quarter
Conversion of Class B common stock to Class A common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$1.31B	USD	1 Quarter
Flotek common stock issued to satisfy convertible notes held by third parties/ ProFrac Holdings Corp	`StockIssuedDuringPeriodValueConversionOfUnits`	$12.70M	USD	1 Quarter
Net income prior to corporate reorganization	`NetIncomePriorToCorporateReorganization`	$54.00M	USD	1 Quarter
Issuance of shares	`StockIssuedDuringPeriodValueNewIssues`	$1.00M	USD	1 Quarter
Effect of corporate reorganization and reclassification to redeemable noncontrolling interest	`EffectOfCorporateReorganizationAndReclassificationToRedeemableNoncontrollingInterest`	$-377.50M	USD	1 Quarter
Class A shares issued to settle asset purchase	`StockIssuedDuringPeriodValuePurchaseOfAssets`	$16.70M	USD	1 Quarter
Net income (loss) after corporate reorganization	`NetIncomeAfterCorporateReorganization`	$-2.10M	USD	1 Quarter
Recognition of Flotek noncontrolling interest	`RecognitionOfNoncontrollingInterestValue`	$99.60M	USD	1 Quarter
Additional paid-in capital related to tax receivable agreement	`AdjustmentsToAdditionalPaidInCapitalRelatedToTaxReceivableAgreement`	$-58.90M	USD	1 Quarter
Additional paid-in capital related to tax receivable agreement	`AdjustmentsToAdditionalPaidInCapitalRelatedToTaxReceivableAgreement`	$600.00K	USD	1 Quarter
Adjustment of redeemable noncontrolling interest to redemption amount	`AdjustmentOfRedeemableNoncontrollingInterestToRedemptionAmount`	$-1.27B	USD	1 Quarter
Adjustment of redeemable noncontrolling interest to redemption amount	`AdjustmentOfRedeemableNoncontrollingInterestToRedemptionAmount`	$159.40M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$1.33B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$-1.11B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$148.10M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$200.80M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$-1.32B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$242.20M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$-4.60M	USD	1 Quarter
Net income	`ProfitLoss`	$55.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$20.00M	USD	1 Quarter
Net income	`ProfitLoss`	$67.40M	USD	1 Quarter
Net income	`ProfitLoss`	$87.40M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$200.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-100.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-400.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-100.00K	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-100.00K	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$87.30M	USD	2 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$67.40M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-5.00M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$55.10M	USD	2 Qtrs
Less: comprehensive income attributable to ProFrac Predecessor	`ComprehensiveIncomeAttributableToPredecessor`	$73.50M	USD	2 Qtrs
Less: comprehensive income attributable to ProFrac Predecessor	`ComprehensiveIncomeAttributableToPredecessor`	$54.00M	USD	1 Quarter
Less: comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-8.30M	USD	2 Qtrs
Less: comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-8.70M	USD	1 Quarter
Less: comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-5.70M	USD	2 Qtrs
Less: comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.60M	USD	1 Quarter
Less: comprehensive (loss) income attributable to redeemable noncontrolling interest	`ComprehensiveIncomeAttributableToRedeemableNoncontrollingInterest`	$-200.00K	USD	1 Quarter
Less: comprehensive (loss) income attributable to redeemable noncontrolling interest	`ComprehensiveIncomeAttributableToRedeemableNoncontrollingInterest`	$15.50M	USD	2 Qtrs
Less: comprehensive (loss) income attributable to redeemable noncontrolling interest	`ComprehensiveIncomeAttributableToRedeemableNoncontrollingInterest`	$41.90M	USD	2 Qtrs
Less: comprehensive (loss) income attributable to redeemable noncontrolling interest	`ComprehensiveIncomeAttributableToRedeemableNoncontrollingInterest`	$15.50M	USD	1 Quarter
Comprehensive (loss) income attributable to ProFrac Holding Corp.	`ComprehensiveIncomeNetOfTax`	$-3.20M	USD	1 Quarter
Comprehensive (loss) income attributable to ProFrac Holding Corp.	`ComprehensiveIncomeNetOfTax`	$6.60M	USD	1 Quarter
Comprehensive (loss) income attributable to ProFrac Holding Corp.	`ComprehensiveIncomeNetOfTax`	$18.90M	USD	2 Qtrs
Comprehensive (loss) income attributable to ProFrac Holding Corp.	`ComprehensiveIncomeNetOfTax`	$6.60M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.