ProFrac misses Q2 revenue estimates, net loss widens

ProFrac Holding

07/08/2025 10:12

Overview

ProFrac Q2 revenue falls to $502 mln, missing analyst expectations

Net loss widens to $104 mln in Q2 from $15 mln in Q1

Free cash flow improves to $54 mln, driven by operational efficiency

Outlook

ProFrac expects Q3 Stimulation Services results to decrease from Q2

Company anticipates relatively flat Proppant Production volumes in Q3

ProFrac aims for Q3 Proppant Production profitability similar to Q2

Company sees capital efficiency through asset management approach

Result Drivers

COMMODITY PRICE DECLINE - ProFrac attributes revenue drop to sharp commodity price decline in early April

OPERATIONAL INITIATIVES - Asset management program driving capital efficiency gains, per ProFrac

AUTOMATION SYSTEM - Deployment of ProPilot automation system across active fleets enhancing operational efficiency

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$501.90 mln
$512.70 mln (2 Analysts)
Q2 Net Income
-$103.50 mln
Q2 Operating Income
-$54.30 mln
Q2 Pretax Profit
-$99.10 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the oil related services and equipment peer group is "buy."

Wall Street's median 12-month price target for ProFrac Holding Corp is $7.25, about 13.5% above its August 6 closing price of $6.27

Press Release: ID:nBw9FnZhba

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)