Liberty Energy financials
$18.44−2.69%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.19B | $1.02B | $1.04B | $947.4M | $1.04B | $977.5M | $943.6M | $1.14B | $1.16B | $1.07B | $1.07B | $1.22B |
| Gross profit | $208.3M | $177.4M | $214.1M | $177.6M | $230.4M | $215.8M | $201.8M | $298.3M | $324.1M | $290.4M | $297.7M | $365.7M |
| Gross margin | 17.5% | 17.4% | 20.6% | 18.7% | 22.1% | 22.1% | 21.4% | 26.2% | 27.9% | 27.1% | 27.7% | 30.1% |
| Operating income | $19.3M | $3.8M | $36.6M | -$2.4M | $42.7M | $21.5M | $19.6M | $107.3M | $143.1M | $114.3M | $123.7M | $201.4M |
| Net income | $43.1M | $22.6M | $13.7M | $43.1M | $71.0M | $20.1M | $51.9M | $73.8M | $108.4M | $81.9M | $92.4M | $148.6M |
| Net margin | 3.6% | 2.2% | 1.3% | 4.5% | 6.8% | 2.1% | 5.5% | 6.5% | 9.3% | 7.6% | 8.6% | 12.2% |
| Diluted EPS | $0.26 | $0.14 | $0.08 | $0.26 | $0.43 | $0.12 | $0.31 | $0.44 | $0.64 | $0.48 | $0.53 | $0.85 |
| EBITDA | $133.5M | $117.8M | $156.8M | $120.6M | $172.1M | $149.3M | $151.8M | $233.7M | $266.4M | $237.5M | $123.7M | $310.4M |
| Operating cash flow | $133.0M | $8.4M | $195.4M | $51.5M | $170.6M | $192.1M | $177.3M | $244.5M | $248.2M | $159.4M | $294.7M | $275.5M |
| Free cash flow | -$90.8M | -$148.6M | -$10.0M | -$67.2M | $33.1M | $58.2M | -$26.2M | $77.9M | $112.2M | $14.4M | $156.7M | $102.5M |
| Diluted shares | 167.7M | 166.3M | 166.4M | 165.1M | 164.2M | 165.8M | 167.9M | 168.6M | 169.7M | 171.4M | 174.1M | 174.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $555.4M | $699.1M | $27.6M | $13.5M | $19.6M | $24.1M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $1.56B | $1.56B | $554.1M | $556.3M | $446.1M | $490.6M |
| Total assets | $4.49B | $4.44B | $3.56B | $3.50B | $3.44B | $3.36B |
| Total liabilities | $2.52B | $2.50B | $1.48B | $1.43B | $1.41B | $1.38B |
| Shareholders' equity | $1.96B | $1.95B | $2.08B | $2.07B | $2.03B | $1.97B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology