Leadership & Pay ·
ProFrac Holding Corp. reported second quarter 2026 financial results with total revenue of $498 million, a net loss of…
ACDCProFrac Holding Corp.
ProFrac Holding Corp. reported second quarter 2026 financial results with total revenue of $498 million, a net loss of $75 million, and adjusted EBITDA of $69 million. Concurrently, the company announced a leadership transition effective August 7, 2026: Johnathan Ladd Wilks resigned as Chief Executive Officer to join the Board of Directors, replacing Sergei Krylov, who also resigned. Matthew D. Wilks was appointed Chief Executive Officer while retaining his role as Executive Chairman. The filing also notes that all unvested awards held by Mr. Wilks were cancelled without acceleration or vesting upon his transition from CEO.