ACDC•ProFrac reported a third-quarter net loss of $74 million. Revenue rose sequentially to $511.1 million but missed the two-analyst estimate of $548.39 million; the company expects fourth-quarter 2026 results to improve in both business segments.
ProFrac said uneven activity, unanticipated white space and downtime affected its third-quarter results. Operating loss was $34.4 million and pretax loss was $71 million.
The company expects fourth-quarter 2026 results to improve sequentially in Stimulation Services and improve in Proppant Production relative to the third quarter. It expects less seasonality next quarter, citing a tight market and limited equipment availability, and reported single-digit pricing increases during the third quarter.
