Stimulation Services was ProFrac Holding’s largest segment in fiscal 2025, bringing in $3.36B of $3.90B (86%).
| Segment | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Stimulation Services | $4.68B | $4.58B | $3.83B | $3.36B | ||
| Flotek | — | $386.00M | $384.80M | $180.80M | ||
| Proppant Production | $67.80M | $226.20M | $130.00M | $242.40M | ||
| Manufacturing | $26.20M | $38.00M | $101.60M | $75.00M | ||
| Other | $74.20M | — | $6.20M | $34.60M | ||
| Total | $4.85B | $5.23B | $4.45B | $3.90B |
ProFrac Holding brought in $3.90B from its five segments in fiscal 2025, the year ended December 31, 2025. That was down 12.5% from $4.45B in fiscal 2024. Stimulation Services was the largest at $3.36B (86.3%), ahead of Proppant Production at $242.40M (6.2%) and Flotek at $180.80M (4.6%). The other two segments brought in $109.60M combined.
Compared with fiscal 2024, Proppant Production grew fastest, up 86.5% to $242.40M, while Flotek fell the most, down 53.0% to $180.80M.
ProFrac Holding began breaking out Flotek in fiscal 2023, when it brought in $386.00M.
Services was ProFrac Holding’s largest product and service line in fiscal 2025, bringing in $3.39B of $3.63B (93%).
| Product and Service | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Services | $4.68B | $4.55B | $3.77B | $3.39B | |
| Product Sales | $142.00M | $540.40M | $364.20M | $242.40M | |
| Total | $4.83B | $5.09B | $4.14B | $3.63B |
ProFrac Holding brought in $3.63B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That is less than the $3.90B it reports by segment, so these lines do not cover all of its revenue. Services was the largest at $3.39B (93.3%), ahead of Product Sales at $242.40M (6.7%).
Compared with fiscal 2024, Services fell 10.3% to $3.39B and Product Sales fell 33.4% to $242.40M.
External Customers was ProFrac Holding’s largest revenue line in fiscal 2025, bringing in $3.61B of $3.26B (111%).
| Major Customers | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| External Customers | $4.75B | $4.55B | $3.77B | $3.61B | |
| Intercompany | -$126.60M | -$260.20M | -$190.40M | -$343.00M | |
| Total | $4.62B | $4.29B | $3.58B | $3.26B |
ProFrac Holding brought in $3.26B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That is less than the $3.90B it reports by segment, so these revenue lines do not cover all of its revenue. External Customers was the largest at $3.61B (110.5%).
The total is net of Intercompany, which took $343.00M off revenue in fiscal 2025.
ProFrac Holding (ACDC) reports its revenue by segment, by product and service and by major customers. In fiscal 2025, Stimulation Services was its largest segment, bringing in $3.36B (86.3% of the total), followed by Proppant Production at $242.40M (6.2%).
Stimulation Services was ProFrac Holding's largest segment in fiscal 2025, bringing in $3.36B, or 86.3% of the $3.90B total across its five segments.
Services was ProFrac Holding's largest product and service line in fiscal 2025, bringing in $3.39B, or 93.3% of the $3.63B total across its two product and service lines.
External Customers was ProFrac Holding's largest revenue line in fiscal 2025, bringing in $3.61B, or 110.5% of the $3.26B total across its two revenue lines.
Among ProFrac Holding's segments that make up at least 2% of revenue, Proppant Production grew fastest in fiscal 2025, up 86.5% from $130.00M to $242.40M.
Every figure comes from ProFrac Holding's annual financial filings, as reported. Each line keeps the name ProFrac Holding gives it, and years follow its fiscal calendar.
ProFrac Holding's revenue by segment goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.