# Liberty Energy Inc.: financial statements, quarterly

LBRT · NYSE · CIK 1694028 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/lbrt.md) · [Financials](/companies/lbrt/financials.md) · [Filings](/companies/lbrt/filings.md) · [Insiders](/companies/lbrt/insiders.md)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/lbrt/financials.md?period=annual).

## Income statement

| Line item | Unit | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,075 d](/filings/0001694028-26-000006.md) | [1,073](/filings/0001694028-25-000083.md) | [1,160](/filings/0001694028-25-000100.md) | [1,139](/filings/0001694028-25-000115.md) | [944 d](/filings/0001694028-26-000006.md) | [977](/filings/0001694028-26-000023.md) | [1,043](/filings/0001694028-26-000039.md) | [947](/filings/0001694028-26-000062.md) | [1,039 d](/filings/0001694028-26-000006.md) | [1,021](/filings/0001694028-26-000023.md) | [1,189](/filings/0001694028-26-000039.md) | [1,196](/filings/0001694028-26-000062.md) |
| Cost of revenue | $m | [777 d](/filings/0001694028-26-000006.md) | [783](/filings/0001694028-25-000083.md) | [836](/filings/0001694028-25-000100.md) | [840](/filings/0001694028-25-000115.md) | [742 d](/filings/0001694028-26-000006.md) | [762](/filings/0001694028-26-000023.md) | [812](/filings/0001694028-26-000039.md) | [770](/filings/0001694028-26-000062.md) | [825 d](/filings/0001694028-26-000006.md) | [844](/filings/0001694028-26-000023.md) | [980](/filings/0001694028-26-000039.md) | [995](/filings/0001694028-26-000062.md) |
| Operating income | $m | [124 d](/filings/0001694028-26-000006.md) | [115](/filings/0001694028-25-000083.md) | [142](/filings/0001694028-25-000100.md) | [107](/filings/0001694028-25-000115.md) | [24.9 d](/filings/0001694028-26-000006.md) | [18.2](/filings/0001694028-26-000023.md) | [37.1](/filings/0001694028-26-000039.md) | [(2.4)](/filings/0001694028-26-000062.md) | [19.9 d](/filings/0001694028-26-000006.md) | [22.3](/filings/0001694028-26-000023.md) | [12.7](/filings/0001694028-26-000039.md) | [19.3](/filings/0001694028-26-000062.md) |
| Interest expense | $m | [7.1 d](/filings/0001694028-26-000006.md) | [7.1](/filings/0001694028-24-000031.md) | [8.1](/filings/0001694028-25-000100.md) | [8.6](/filings/0001694028-25-000115.md) | [8.5 d](/filings/0001694028-26-000006.md) | [9.5](/filings/0001694028-26-000023.md) | [10.2](/filings/0001694028-26-000039.md) | [10.9](/filings/0001694028-26-000062.md) | [9.7 d](/filings/0001694028-26-000006.md) | [7.7](/filings/0001694028-26-000023.md) | [3.4](/filings/0001694028-26-000039.md) | [5.9](/filings/0001694028-26-000062.md) |
| Income tax | $m | [26.8 d](/filings/0001694028-26-000006.md) | [26.5](/filings/0001694028-25-000083.md) | [32.6](/filings/0001694028-25-000100.md) | [22.2](/filings/0001694028-25-000115.md) | [6.1 d](/filings/0001694028-26-000006.md) | [7.8](/filings/0001694028-26-000023.md) | [24.1](/filings/0001694028-26-000039.md) | [12.0](/filings/0001694028-26-000062.md) | [3.4 d](/filings/0001694028-26-000006.md) | [9.3](/filings/0001694028-26-000023.md) | [9.2](/filings/0001694028-26-000039.md) | [(10.4)](/filings/0001694028-26-000062.md) |
| Net income | $m | [92.4 d](/filings/0001694028-26-000006.md) | [81.9](/filings/0001694028-25-000083.md) | [108](/filings/0001694028-25-000100.md) | [73.8](/filings/0001694028-25-000115.md) | [51.9 d](/filings/0001694028-26-000006.md) | [20.1](/filings/0001694028-26-000023.md) | [71.0](/filings/0001694028-26-000039.md) | [43.1](/filings/0001694028-26-000062.md) | [13.7 d](/filings/0001694028-26-000006.md) | [22.6](/filings/0001694028-26-000023.md) | [43.1](/filings/0001694028-26-000039.md) | [(39.1)](/filings/0001694028-26-000062.md) |
| Diluted EPS | $ per share | not reported | [0.48](/filings/0001694028-25-000083.md) | [0.64](/filings/0001694028-25-000100.md) | [0.44](/filings/0001694028-25-000115.md) | not reported | [0.12](/filings/0001694028-26-000023.md) | [0.43](/filings/0001694028-26-000039.md) | [0.26](/filings/0001694028-26-000062.md) | not reported | [0.14](/filings/0001694028-26-000023.md) | [0.26](/filings/0001694028-26-000039.md) | [(0.24)](/filings/0001694028-26-000062.md) |
| Basic EPS | $ per share | not reported | [0.49](/filings/0001694028-25-000083.md) | [0.65](/filings/0001694028-25-000100.md) | [0.45](/filings/0001694028-25-000115.md) | not reported | [0.12](/filings/0001694028-26-000023.md) | [0.44](/filings/0001694028-26-000039.md) | [0.27](/filings/0001694028-26-000062.md) | not reported | [0.14](/filings/0001694028-26-000023.md) | [0.26](/filings/0001694028-26-000039.md) | [(0.24)](/filings/0001694028-26-000062.md) |

- Revenue: us-gaap:Revenues
- Cost of revenue: us-gaap:CostOfGoodsAndServicesSold
- Operating income: us-gaap:OperatingIncomeLoss
- Interest expense: us-gaap:InterestExpenseNonoperating, us-gaap:InterestExpense
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $m | [36.8](/filings/0001694028-25-000056.md) | [23.8](/filings/0001694028-24-000031.md) | [30.0](/filings/0001694028-24-000082.md) | [23.0](/filings/0001694028-24-000112.md) | [20.0](/filings/0001694028-26-000006.md) | [24.1](/filings/0001694028-25-000083.md) | [19.6](/filings/0001694028-25-000100.md) | [13.5](/filings/0001694028-25-000115.md) | [27.6](/filings/0001694028-26-000062.md) | [699](/filings/0001694028-26-000023.md) | [555](/filings/0001694028-26-000039.md) | [119](/filings/0001694028-26-000062.md) |
| Current assets | $m | [954](/filings/0001694028-25-000056.md) | [978](/filings/0001694028-24-000031.md) | [1,002](/filings/0001694028-24-000082.md) | [923](/filings/0001694028-24-000112.md) | [849](/filings/0001694028-26-000006.md) | [859](/filings/0001694028-25-000083.md) | [921](/filings/0001694028-25-000100.md) | [894](/filings/0001694028-25-000115.md) | [878](/filings/0001694028-26-000062.md) | [1,680](/filings/0001694028-26-000023.md) | [1,567](/filings/0001694028-26-000039.md) | [1,118](/filings/0001694028-26-000062.md) |
| Total assets | $m | [3,034](/filings/0001694028-25-000056.md) | [3,098](/filings/0001694028-24-000031.md) | [3,241](/filings/0001694028-24-000082.md) | [3,273](/filings/0001694028-24-000112.md) | [3,296](/filings/0001694028-26-000006.md) | [3,356](/filings/0001694028-25-000083.md) | [3,441](/filings/0001694028-25-000100.md) | [3,503](/filings/0001694028-25-000115.md) | [3,558](/filings/0001694028-26-000062.md) | [4,443](/filings/0001694028-26-000023.md) | [4,488](/filings/0001694028-26-000039.md) | [4,490](/filings/0001694028-26-000062.md) |
| Current liabilities | $m | [639](/filings/0001694028-25-000056.md) | [662](/filings/0001694028-24-000031.md) | [744](/filings/0001694028-24-000082.md) | [749](/filings/0001694028-24-000112.md) | [667](/filings/0001694028-26-000006.md) | [717](/filings/0001694028-25-000083.md) | [793](/filings/0001694028-25-000100.md) | [677](/filings/0001694028-25-000115.md) | [720](/filings/0001694028-26-000062.md) | [760](/filings/0001694028-26-000023.md) | [789](/filings/0001694028-26-000039.md) | [857](/filings/0001694028-26-000062.md) |
| Total liabilities | $m | [1,192](/filings/0001694028-25-000056.md) | [1,213](/filings/0001694028-24-000031.md) | [1,304](/filings/0001694028-24-000082.md) | [1,304](/filings/0001694028-24-000112.md) | [1,318](/filings/0001694028-26-000006.md) | [1,382](/filings/0001694028-25-000083.md) | [1,406](/filings/0001694028-25-000100.md) | [1,434](/filings/0001694028-25-000115.md) | [1,479](/filings/0001694028-26-000062.md) | [2,495](/filings/0001694028-26-000023.md) | [2,524](/filings/0001694028-26-000039.md) | [2,569](/filings/0001694028-26-000062.md) |
| Long-term debt | $m | [140](/filings/0001694028-25-000056.md) | [166](/filings/0001694028-24-000031.md) | [147](/filings/0001694028-24-000082.md) | [123](/filings/0001694028-24-000112.md) | [191](/filings/0001694028-26-000006.md) | [210](/filings/0001694028-25-000083.md) | [160](/filings/0001694028-25-000100.md) | [253](/filings/0001694028-25-000115.md) | [242](/filings/0001694028-26-000062.md) | [1,271](/filings/0001694028-26-000023.md) | [1,280](/filings/0001694028-26-000039.md) | [1,279](/filings/0001694028-26-000062.md) |
| Current portion of debt | $m | [0.0](/filings/0001694028-24-000006.md) | not reported | not reported | not reported | [0.0](/filings/0001694028-26-000006.md) | not reported | not reported | not reported | [5.1](/filings/0001694028-26-000062.md) | [7.1](/filings/0001694028-26-000023.md) | [11.9](/filings/0001694028-26-000039.md) | [11.9](/filings/0001694028-26-000062.md) |
| Shareholders' equity | $m | [1,841](/filings/0001694028-25-000115.md) | [1,884](/filings/0001694028-25-000100.md) | [1,937](/filings/0001694028-25-000115.md) | [1,969](/filings/0001694028-25-000115.md) | [1,979](/filings/0001694028-26-000062.md) | [1,974](/filings/0001694028-26-000023.md) | [2,035](/filings/0001694028-26-000039.md) | [2,070](/filings/0001694028-26-000062.md) | [2,079](/filings/0001694028-26-000062.md) | [1,948](/filings/0001694028-26-000023.md) | [1,964](/filings/0001694028-26-000039.md) | [1,921](/filings/0001694028-26-000062.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebtNoncurrent
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquity

## Cash flow

| Line item | Unit | Q4 FY2023 (2023-12-31) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [295 d](/filings/0001694028-26-000006.md) | [159](/filings/0001694028-25-000083.md) | [248 d](/filings/0001694028-25-000100.md) | [244 d](/filings/0001694028-25-000115.md) | [177 d](/filings/0001694028-26-000006.md) | [192](/filings/0001694028-26-000023.md) | [171 d](/filings/0001694028-26-000039.md) | [51.5 d](/filings/0001694028-26-000062.md) | [195 d](/filings/0001694028-26-000006.md) | [8.4](/filings/0001694028-26-000023.md) | [133 d](/filings/0001694028-26-000039.md) | [223 d](/filings/0001694028-26-000062.md) |
| Capital expenditure | $m | [138 d](/filings/0001694028-26-000006.md) | [145](/filings/0001694028-25-000083.md) | [136 d](/filings/0001694028-25-000100.md) | [167 d](/filings/0001694028-25-000115.md) | [203 d](/filings/0001694028-26-000006.md) | [134](/filings/0001694028-26-000023.md) | [138 d](/filings/0001694028-26-000039.md) | [119 d](/filings/0001694028-26-000062.md) | [205 d](/filings/0001694028-26-000006.md) | [157](/filings/0001694028-26-000023.md) | [224 d](/filings/0001694028-26-000039.md) | [626 d](/filings/0001694028-26-000062.md) |
| Dividends paid | $m | [11.7 d](/filings/0001694028-26-000006.md) | [11.6](/filings/0001694028-25-000083.md) | [12.2 d](/filings/0001694028-25-000100.md) | [11.4 d](/filings/0001694028-25-000115.md) | [13.0 d](/filings/0001694028-26-000006.md) | [13.2](/filings/0001694028-26-000023.md) | [13.8 d](/filings/0001694028-26-000039.md) | [13.0 d](/filings/0001694028-26-000062.md) | [14.6 d](/filings/0001694028-26-000006.md) | [14.6](/filings/0001694028-26-000023.md) | [15.7 d](/filings/0001694028-26-000039.md) | [14.7 d](/filings/0001694028-26-000062.md) |
| Share repurchases | $m | [39.1 d](/filings/0001694028-26-000006.md) | [30.2](/filings/0001694028-25-000083.md) | [29.6 d](/filings/0001694028-25-000100.md) | [39.4 d](/filings/0001694028-25-000115.md) | [30.2 d](/filings/0001694028-26-000006.md) | [24.0](/filings/0001694028-26-000023.md) | [0.9 d](/filings/0001694028-26-000039.md) | [0.0 d](/filings/0001694028-26-000062.md) | [0.0 d](/filings/0001694028-26-000006.md) | [0.0](/filings/0001694028-26-000023.md) | [0.0 d](/filings/0001694028-26-000039.md) | [0.0 d](/filings/0001694028-26-000062.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquireProductiveAssets
- Dividends paid: us-gaap:PaymentsOfDividends
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q1 FY2023 (2023-03-31) | Q2 FY2023 (2023-06-30) | Q3 FY2023 (2023-09-30) | Q1 FY2024 (2024-03-31) | Q2 FY2024 (2024-06-30) | Q3 FY2024 (2024-09-30) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) | Q3 FY2026 (2026-09-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [181](/filings/0001694028-24-000031.md) | [176](/filings/0001694028-24-000082.md) | [174](/filings/0001694028-24-000112.md) | [171](/filings/0001694028-25-000083.md) | [170](/filings/0001694028-25-000100.md) | [169](/filings/0001694028-25-000115.md) | [166](/filings/0001694028-26-000023.md) | [164](/filings/0001694028-26-000039.md) | [165](/filings/0001694028-26-000062.md) | [166](/filings/0001694028-26-000023.md) | [168](/filings/0001694028-26-000039.md) | [163](/filings/0001694028-26-000062.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Source: SEC EDGAR, XBRL company facts. Last ingested by Listed: Oct 24, 2026, 15:46 ET. No prices; not investment advice.