ProFrac Q3 revenue rises to $511 million; net loss $74 million, adjusted EBITDA slips
ProFrac Holding Corp. reported third quarter 2026 revenue of $511 million, up from $498 million in the second quarter and $403 million a year earlier, with a net loss of $74 million that was roughly unchanged from the prior quarter. Adjusted EBITDA fell to $65 million from $69 million, while free cash flow turned positive at $14 million, and the company raised its 2026 capital expenditure range to $160 million to $180 million.
Key points
- Total revenue was $511 million in Q3 2026, versus $498 million in Q2 2026 and $403 million in Q3 2025.
- Net loss was $74 million, compared with $75 million in Q2 2026. Adjusted EBITDA was $65 million, or 13% of revenue, versus $69 million, or 14%, in Q2.
- Net cash from operating activities was $51 million, and free cash flow was positive $14 million, compared with negative $8 million in Q2.
- Total principal debt was approximately $1.05 billion at September 30, 2026, with liquidity of approximately $97 million.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.