ProFrac Holding (ACDC) Dips Following Q3 Report

Core Insights - ProFrac Holding Corp. (NASDAQ: ACDC) experienced a significant decline in share price, falling by 11.06% from November 11 to November 18, 2025, ranking among the energy stocks that lost the most during that week [1] Financial Performance - The company reported lower-than-expected results for Q3 on November 10, with both earnings and revenue falling below estimates [3] - Revenue decreased by 30% year-over-year, with the Stimulation Services division being the most affected [3] - Net cash provided by operating activities plummeted from $97 million in Q2 to $5 million in Q3, while free cash flow turned negative at $29 million [3] Profitability and Cost-Saving Measures - Although the net loss improved from $107 million in Q2 to $92 million in Q3, adjusted EBITDA was nearly halved to $41 million, indicating reduced profitability [4] - To enhance profitability, the company aims to achieve annualized cash savings of $85 to $115 million by the end of Q2 2026 through various strategic initiatives [4]