ProFrac Reports $711 Million Revenue in First Quarter 2026, Electric Fleets Comprise 45% of Active Fleet

ProFrac Holding Corp. announced its first quarter results for 2026, revealing key financial figures and operational updates. The company reported revenue of $711 million, a net loss of $45 million, and adjusted EBITDA of $103 million. They also highlighted their strategic focus on electric fleets and their impact on emissions and cost savings.

Specifically, the $711 million in revenue represents a decrease from the previous quarter. The net loss of $45 million includes several factors, such as $16 million in depreciation and amortization, $13 million in interest expense, and $11 million in share-based compensation. Adjusted EBITDA, which excludes certain non-cash items, totaled $103 million. ProFrac emphasized the deployment of electric fleets, noting they now comprise approximately 45% of their active fleet. The company claims these electric fleets have led to a reduction of over 40% in emissions and have generated cost savings of approximately 15% compared to conventional fleets.

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Date: May 7, 2026

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GOAI