10-Q Filing

ProFrac Holding Corp. CIK: 1881487 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-062012`
Period End Date	20230930
Filing Date	20231109
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	acdc-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 88 Cash Flow Statement 80 Stockholders Equity 63 Comprehensive Income 26

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Fair value	`InvestmentsFairValueDisclosure`	$37.80M	USD	Point-in-time
Fair value	`InvestmentsFairValueDisclosure`	$53.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$25.10M	USD	Point-in-time
Preferred shares, par value	`PreferredStockNoParValue`	$0.01	USD	Point-in-time
Preferred shares, par value	`PreferredStockNoParValue`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$332.30M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$535.50M	USD	Point-in-time
Accounts receivable - related party, net	`AccountsReceivableRelatedPartyCurrent`	$6.50M	USD	Point-in-time
Accounts receivable - related party, net	`AccountsReceivableRelatedPartyCurrent`	$2.10M	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
Inventories	`InventoryNet`	$271.90M	USD	Point-in-time
Inventories	`InventoryNet`	$249.50M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$42.80M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$43.20M	USD	Point-in-time
Preferred shares, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred shares, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$678.60M	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`	$1.85B	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`	$94.10M	USD	Point-in-time
Goodwill	`Goodwill`	$323.20M	USD	Point-in-time
Goodwill	`Goodwill`	$240.50M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$182.30M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$203.10M	USD	Point-in-time
Investments ($37.8 and $53.6 at fair value, respectively)	`LongTermInvestments`	$58.60M	USD	Point-in-time
Investments ($37.8 and $53.6 at fair value, respectively)	`LongTermInvestments`	$42.80M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$400.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$55.70M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$56.30M	USD	Point-in-time
Total assets	`Assets`	$2.93B	USD	Point-in-time
Total assets	`Assets`	$3.22B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$339.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$341.10M	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartyCurrent`	$17.50M	USD	Point-in-time
Accounts payable - related party	`AccountsPayableRelatedPartyCurrent`	$24.00M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$115.40M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$113.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$127.60M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$122.80M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$31.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$36.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$70.80M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$25.70M	USD	Point-in-time
Other current liabilities - related party	`DueToOtherRelatedPartyClassifiedCurrent`	$7.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$703.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$668.10M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$902.10M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$735.00M	USD	Point-in-time
Long-term debt - related party	`DueToRelatedPartyNoncurrent`	$62.80M	USD	Point-in-time
Long-term debt - related party	`DueToRelatedPartyNoncurrent`	$32.20M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$67.80M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$81.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$79.40M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$36.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$75.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.58B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.86B	USD	Point-in-time
Series A preferred stock, $0.01 par value, 50 thousand shares authorized, 50 thousand and zero shares issued and outstanding, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$57.50M	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`	$77.50M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-1.19B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLoss`	$200.00K	USD	Point-in-time
Total stockholders' equity (deficit) attributable to ProFrac Holding Corp.	`StockholdersEquity`	$1.25B	USD	Point-in-time
Total stockholders' equity (deficit) attributable to ProFrac Holding Corp.	`StockholdersEquity`	$-1.18B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$54.20M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$72.20M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-1.11B	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.30B	USD	Point-in-time
Total liabilities, temporary equity, and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$2.93B	USD	Point-in-time
Total liabilities, temporary equity, and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$3.22B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.14B	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$574.20M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.63B	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$696.70M	USD	1 Quarter
Cost of revenues, exclusive of depreciation, depletion and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$967.70M	USD	3 Qtrs
Cost of revenues, exclusive of depreciation, depletion and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$368.50M	USD	1 Quarter
Cost of revenues, exclusive of depreciation, depletion and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$392.00M	USD	1 Quarter
Cost of revenues, exclusive of depreciation, depletion and amortization	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$1.38B	USD	3 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$209.20M	USD	3 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$169.00M	USD	3 Qtrs
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$64.50M	USD	1 Quarter
Selling, general, and administrative	`SellingGeneralAndAdministrativeExpense`	$61.00M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$69.10M	USD	1 Quarter
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$178.10M	USD	3 Qtrs
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$330.70M	USD	3 Qtrs
Depreciation, depletion and amortization	`CostDepreciationAmortizationAndDepletion`	$111.50M	USD	1 Quarter
Acquisition and integration costs	`AcquisitionAndIntegrationCosts`	$5.80M	USD	1 Quarter
Acquisition and integration costs	`AcquisitionAndIntegrationCosts`	$2.60M	USD	1 Quarter
Acquisition and integration costs	`AcquisitionAndIntegrationCosts`	$22.90M	USD	3 Qtrs
Acquisition and integration costs	`AcquisitionAndIntegrationCosts`	$20.10M	USD	3 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-17.80M	USD	3 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-6.60M	USD	3 Qtrs
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-10.10M	USD	1 Quarter
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-600.00K	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$1.96B	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$553.70M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$1.34B	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$532.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$20.50M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$287.20M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$180.90M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$164.70M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$39.00M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$116.10M	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$16.30M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$40.20M	USD	1 Quarter
(Loss) gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-200.00K	USD	1 Quarter
(Loss) gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-17.30M	USD	3 Qtrs
(Loss) gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$4.10M	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-1.00M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-4.90M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-22.00M	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$8.20M	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$239.10M	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-24.60M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$147.20M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$46.90M	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-6.70M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$7.90M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$9.60M	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$12.40M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$20.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-17.90M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$226.70M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$139.30M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$37.30M	USD	3 Qtrs
Less: net income attributable to ProFrac Predecessor	`NetIncomeLossAttributableToPredecessor`	$73.60M	USD	3 Qtrs
Less: net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$900.00K	USD	3 Qtrs
Less: net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-11.80M	USD	1 Quarter
Less: net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$-20.10M	USD	3 Qtrs
Less: net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNonredeemableNoncontrollingInterest`	$6.60M	USD	1 Quarter
Less: net income attributable to redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$122.60M	USD	3 Qtrs
Less: net income attributable to redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$41.80M	USD	3 Qtrs
Less: net income attributable to redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$107.10M	USD	1 Quarter
Net (loss) income attributable to ProFrac Holding Corp.	`NetIncomeLoss`	$-5.40M	USD	3 Qtrs
Net (loss) income attributable to ProFrac Holding Corp.	`NetIncomeLoss`	$44.00M	USD	1 Quarter
Net (loss) income attributable to ProFrac Holding Corp.	`NetIncomeLoss`	$-24.50M	USD	1 Quarter
Net (loss) income attributable to ProFrac Holding Corp.	`NetIncomeLoss`	$50.60M	USD	3 Qtrs
Net (loss) income attributable to Class A common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-14.00M	USD	3 Qtrs
Net (loss) income attributable to Class A common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$50.60M	USD	3 Qtrs
Net (loss) income attributable to Class A common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$44.00M	USD	1 Quarter
Net (loss) income attributable to Class A common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-33.10M	USD	1 Quarter
Basic (Loss) earnings per Class A share	`EarningsPerShareBasic`	$-0.12	USD	3 Qtrs
Basic (Loss) earnings per Class A share	`EarningsPerShareBasic`	$1.24	USD	3 Qtrs
Basic (Loss) earnings per Class A share	`EarningsPerShareBasic`	$-0.21	USD	1 Quarter
Basic (Loss) earnings per Class A share	`EarningsPerShareBasic`	$1.07	USD	1 Quarter
Diluted (Loss) earnings per Class A share	`EarningsPerShareDiluted`	$1.07	USD	1 Quarter
Diluted (Loss) earnings per Class A share	`EarningsPerShareDiluted`	$-0.12	USD	3 Qtrs
Diluted (Loss) earnings per Class A share	`EarningsPerShareDiluted`	$-0.21	USD	1 Quarter
Diluted (Loss) earnings per Class A share	`EarningsPerShareDiluted`	$1.24	USD	3 Qtrs
Weighted average Class A common shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	159.40M	shares	1 Quarter
Weighted average Class A common shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	40.80M	shares	3 Qtrs
Weighted average Class A common shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.20M	shares	1 Quarter
Weighted average Class A common shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	121.30M	shares	3 Qtrs
Weighted average Class A common shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.30M	shares	1 Quarter
Weighted average Class A common shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	159.40M	shares	1 Quarter
Weighted average Class A common shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	121.30M	shares	3 Qtrs
Weighted average Class A common shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	40.90M	shares	3 Qtrs

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$20.00M	USD	1 Quarter
Net income	`ProfitLoss`	$-17.90M	USD	1 Quarter
Net income	`ProfitLoss`	$226.70M	USD	3 Qtrs
Net income	`ProfitLoss`	$139.30M	USD	1 Quarter
Net income	`ProfitLoss`	$37.30M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$178.10M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$330.70M	USD	3 Qtrs
Amortization of acquired contract liabilities	`AmortizationOfContractLiabilities`	$-41.00M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$53.30M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$27.30M	USD	3 Qtrs
(Gain) loss on disposal of assets, net	`GainLossOnDispositionOfAssets`	$300.00K	USD	3 Qtrs
(Gain) loss on disposal of assets, net	`GainLossOnDispositionOfAssets`	$-2.60M	USD	3 Qtrs
Non-cash (gain) loss on extinguishment of debt	`NonCashGainLossOnExtinguishmentOfDebt`	$-10.50M	USD	3 Qtrs
Non-cash (gain) loss on extinguishment of debt	`NonCashGainLossOnExtinguishmentOfDebt`	$4.10M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$4.70M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$18.80M	USD	3 Qtrs
Acquisition earnout adjustment	`AcquisitionEarnOutAdjustment`	$6.60M	USD	3 Qtrs
Unrealized loss (gain) on investments, net	`UnrealizedGainLossOnInvestments`	$8.50M	USD	3 Qtrs
Unrealized loss (gain) on investments, net	`UnrealizedGainLossOnInvestments`	$-24.10M	USD	3 Qtrs
Unrealized loss (gain) on investments, net	`UnrealizedGainLossOnInvestments`	$-5.10M	USD	1 Quarter
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$5.00M	USD	3 Qtrs
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$2.40M	USD	3 Qtrs
Other non-cash items, net	`OtherNoncashIncomeExpense`	$-100.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$220.50M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-219.40M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$96.80M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$15.30M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$18.60M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.30M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-48.10M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$6.30M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$110.60M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$6.00M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$5.80M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-37.20M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$256.60M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$510.80M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$461.80M	USD	3 Qtrs
Acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$354.90M	USD	3 Qtrs
Investment in property, plant & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$233.90M	USD	3 Qtrs
Investment in property, plant & equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$239.50M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$46.60M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfProductiveAssets`	$3.00M	USD	3 Qtrs
Investment in unconsolidated affiliate	`PaymentsToAcquireInterestInSubsidiariesAndAffiliates`	$47.20M	USD	3 Qtrs
Initial investment in Flotek	`PaymentToInvestmentInFlotek`	$10.00M	USD	3 Qtrs
Other investments	`PaymentsForProceedsFromOtherInvestingActivities`	$24.80M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-692.70M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-629.80M	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$334.70M	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$818.80M	USD	3 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$515.80M	USD	3 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$98.60M	USD	3 Qtrs
Borrowings from revolving credit agreements	`ProceedsFromLinesOfCredit`	$1.22B	USD	3 Qtrs
Borrowings from revolving credit agreements	`ProceedsFromLinesOfCredit`	$253.70M	USD	3 Qtrs
Repayments to revolving credit agreements	`RepaymentsOfLinesOfCredit`	$322.70M	USD	3 Qtrs
Repayments to revolving credit agreements	`RepaymentsOfLinesOfCredit`	$1.32B	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$33.30M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$18.90M	USD	3 Qtrs
Tax withholding related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$800.00K	USD	3 Qtrs
Member contribution	`ProceedsFromContributionsFromParent`	$5.00M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$329.10M	USD	3 Qtrs
Payment of stock issuance costs	`PaymentsOfStockIssuanceCosts`	$27.40M	USD	3 Qtrs
Payment of THRC related equity	`PaymentOfTHRCRelatedEquity`	$72.90M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$434.50M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$169.80M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$61.30M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-12.10M	USD	3 Qtrs
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.80M	USD	Point-in-time
Cash, cash equivalents, and restricted cash beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$66.70M	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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.90M	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$25.80M	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$66.70M	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.40M	USD	Point-in-time
Cash, cash equivalents, and restricted cash end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$37.90M	USD	Point-in-time
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$26.50M	USD	3 Qtrs
Capital expenditures included in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$42.20M	USD	3 Qtrs
Operating lease liabilities incurred from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$8.80M	USD	3 Qtrs
Operating lease liabilities incurred from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$45.40M	USD	3 Qtrs
Finance lease liabilities incurred from obtaining right-of-use assets	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$4.60M	USD	3 Qtrs

Stockholders Equity 63 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$200.80M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$-1.32B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$148.10M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$1.33B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$-1.11B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$1.30B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$-796.10M	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`	$2.30M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.30M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$2.30M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.00M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$800.00K	USD	1 Quarter
Stock-based compensation related to deemed contribution	`StockBasedCompensationRelatedToDeemedContribution`	$3.50M	USD	1 Quarter
Stock-based compensation related to deemed contribution	`StockBasedCompensationRelatedToDeemedContribution`	$6.80M	USD	1 Quarter
Stock-based compensation related to deemed contribution	`StockBasedCompensationRelatedToDeemedContribution`	$11.30M	USD	1 Quarter
Stock-based compensation related to deemed contribution	`StockBasedCompensationRelatedToDeemedContribution`	$2.10M	USD	1 Quarter
Stock-based compensation related to deemed contribution	`StockBasedCompensationRelatedToDeemedContribution`	$3.00M	USD	1 Quarter
Tax withholding related to net share settlement of equity awards	`AdjustmentToAdditionalPaidInCapitalTaxWithholdingRelatedToNetShareSettlementOfEquityAwards`	$800.00K	USD	1 Quarter
Deferred taxes related to Class B share conversion to Class A shares	`ConversionOfStockAmountConverted1`	$300.00K	USD	1 Quarter
Deferred taxes related to Class B share conversion to Class A shares	`ConversionOfStockAmountConverted1`	$74.70M	USD	1 Quarter
Adjustment of Series A preferred stock to redemption amount	`AdjustmentOfPreferredStockRedemptionAmount`	$-8.60M	USD	1 Quarter
Net income (loss)	`ProfitLossNetOfPortionAttributableToRedeemableControllingInterest`	$-4.40M	USD	1 Quarter
Net income (loss)	`ProfitLossNetOfPortionAttributableToRedeemableControllingInterest`	$17.80M	USD	1 Quarter
Net income (loss)	`ProfitLossNetOfPortionAttributableToRedeemableControllingInterest`	$32.20M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$20.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-17.90M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$226.70M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$139.30M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$37.30M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-100.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$200.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$100.00K	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$200.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-100.00K	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentToRedeemableControllingInterestNetOfTax`	$100.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-400.00K	USD	1 Quarter
Other	`AdjustmentsToAdditionalPaidInCapitalOther`	$100.00K	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`	$490.60M	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`	$200.80M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$-1.32B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$148.10M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$1.33B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$-1.11B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$1.30B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$-796.10M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAndAccumulatedOtherComprehensiveIncomeLoss`	$242.20M	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$20.00M	USD	1 Quarter
Net income	`ProfitLoss`	$-17.90M	USD	1 Quarter
Net income	`ProfitLoss`	$226.70M	USD	3 Qtrs
Net income	`ProfitLoss`	$139.30M	USD	1 Quarter
Net income	`ProfitLoss`	$37.30M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-100.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$200.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$100.00K	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$200.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-100.00K	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$226.80M	USD	3 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$139.50M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-17.90M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$37.20M	USD	3 Qtrs
Less: comprehensive income attributable to ProFrac Predecessor	`ComprehensiveIncomeAttributableToPredecessor`	$73.50M	USD	3 Qtrs
Less: comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-20.00M	USD	3 Qtrs
Less: comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$900.00K	USD	3 Qtrs
Less: comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-11.70M	USD	1 Quarter
Less: comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.60M	USD	1 Quarter
Less: comprehensive income attributable to redeemable noncontrolling interest	`ComprehensiveIncomeAttributableToRedeemableNoncontrollingInterest`	$41.90M	USD	3 Qtrs
Less: comprehensive income attributable to redeemable noncontrolling interest	`ComprehensiveIncomeAttributableToRedeemableNoncontrollingInterest`	$122.70M	USD	3 Qtrs
Less: comprehensive income attributable to redeemable noncontrolling interest	`ComprehensiveIncomeAttributableToRedeemableNoncontrollingInterest`	$107.20M	USD	1 Quarter
Comprehensive (loss) income attributable to ProFrac Holding Corp.	`ComprehensiveIncomeNetOfTax`	$-5.60M	USD	3 Qtrs
Comprehensive (loss) income attributable to ProFrac Holding Corp.	`ComprehensiveIncomeNetOfTax`	$44.00M	USD	1 Quarter
Comprehensive (loss) income attributable to ProFrac Holding Corp.	`ComprehensiveIncomeNetOfTax`	$-24.50M	USD	1 Quarter
Comprehensive (loss) income attributable to ProFrac Holding Corp.	`ComprehensiveIncomeNetOfTax`	$50.60M	USD	3 Qtrs

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