Liberty Energy Inc Class A (LBRT) financials
Liberty Energy revenue and earnings by year
Liberty Energy's revenue was $4.01 billion in the fiscal year to December 31, 2025, down 7.2% from the year before. Net income was $148 million, 3.7% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 30.1% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.01 | 4.32 | 4.75 | 4.15 | 2.47 | 0.97 | 1.99 | 2.16 | 1.49 | 0.37 |
| Revenue growth | -7.2% | -9.1% | 14.4% | 67.9% | 155.8% | -51.5% | -7.6% | 44.7% | 297.5% | — |
| Gross profit | 0.84 | 1.11 | 1.40 | 1.00 | 0.22 | 0.11 | 0.37 | 0.53 | 0.34 | 0.02 |
| Gross margin | 20.9% | 25.8% | 29.5% | 24.1% | 8.9% | 11.2% | 18.5% | 24.4% | 23.0% | 5.3% |
| Operating income | 0.07 | 0.39 | 0.76 | 0.50 | -0.18 | -0.18 | 0.10 | 0.31 | 0.18 | -0.05 |
| Operating margin | 1.8% | 9.0% | 16.0% | 12.0% | -7.3% | -18.3% | 5.2% | 14.2% | 12.2% | -14.5% |
| Net income | 0.15 | 0.32 | 0.56 | 0.40 | -0.18 | -0.12 | 0.04 | 0.13 | 0.17 | -0.06 |
| Net margin | 3.7% | 7.3% | 11.7% | 9.6% | -7.3% | -12.0% | 2.0% | 5.9% | 11.3% | -16.2% |
| Diluted EPS | $0.89 | $1.87 | $3.15 | $2.11 | -$1.03 | -$1.35 | — | — | — | — |
| Free cash flow | 0.04 | 0.20 | 0.44 | 0.10 | -0.04 | -0.01 | 0.07 | 0.10 | -0.11 | -0.14 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open LBRT in Markets.
See also: LBRT valuation and P/E history · LBRT returns
No forecast, no recommendation. This page describes Liberty Energy Inc Class A from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.