Liberty Energy financials
$18.44−2.69%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.01B | $4.32B | $4.75B | $4.15B | $2.47B | $965.8M | $1.99B | $2.16B |
| Gross profit | $838.0M | $1.11B | $1.40B | $1.00B | $220.9M | $107.8M | $369.2M | $526.4M |
| Gross margin | 20.9% | 25.8% | 29.5% | 24.1% | 8.9% | 11.2% | 18.5% | 24.4% |
| Operating income | $89.4M | $384.1M | $753.6M | $491.3M | -$180.4M | -$177.4M | $106.2M | $302.2M |
| Net income | $147.9M | $316.0M | $556.3M | $399.6M | -$179.2M | -$115.6M | $39.0M | $126.3M |
| Net margin | 3.7% | 7.3% | 11.7% | 9.6% | −7.3% | −12.0% | 2.0% | 5.9% |
| Diluted EPS | $0.89 | $1.87 | $3.15 | $2.11 | $-1.03 | $-1.36 | $0.53 | $1.81 |
| EBITDA | $589.7M | $889.2M | $1.18B | $814.3M | $82.3M | $2.6M | $271.6M | $427.3M |
| Operating cash flow | $609.6M | $829.4M | $1.01B | $530.4M | $135.5M | $85.4M | $261.1M | $351.3M |
| Free cash flow | $14.1M | $178.3M | $411.3M | $78.5M | -$63.3M | -$18.2M | $65.9M | $92.4M |
| Diluted shares | 165.4M | 169.4M | 176.4M | 189.3M | 174.0M | 85.2M | 105.3M | 117.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $27.6M | $20.0M | $36.8M | $43.7M | $20.0M | $69.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $554.1M | $460.7M | $313.5M | $252.3M | $135.6M | $137.7M |
| Total assets | $3.56B | $3.30B | $3.03B | $2.58B | $2.04B | $1.89B |
| Total liabilities | $1.48B | $1.32B | $1.19B | $1.08B | $810.2M | $579.9M |
| Shareholders' equity | $2.08B | $1.98B | $1.84B | $1.50B | $1.23B | $1.31B |
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