Liberty Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,006	4,315	4,748	4,149	2,471
Revenue Growth (YoY)	-7.16%	-9.12%	14.43%	67.93%	155.83%
Cost of Revenue	3,168	3,201	3,349	3,149	2,250
Gross Profit	838.01	1,115	1,399	1,000	220.86
Selling, General & Admin	237.24	225.47	221.41	180.04	123.41
Operating Expenses	737.57	730.52	642.92	503.07	386.16
Operating Income	100.44	384.13	755.64	497.12	-165.31
Interest Expense	-40.31	-32.69	-29.49	-22.72	-15.6
Interest & Investment Income	-	0.48	1.99	-	-
Other Non Operating Income (Expenses)	0.15	-3.21	1.82	-76.19	19.04
EBT Excluding Unusual Items	60.28	348.71	729.95	398.22	-161.87
Merger & Restructuring Charges	-0.84	-	-2.05	-5.84	-15.14
Gain (Loss) on Sale of Investments	162.64	49.23	-	2.53	-
Gain (Loss) on Sale of Assets	-16.69	5.34	6.99	4.6	-0.78
Other Unusual Items	-10.2	-	-	-	-
Pretax Income	195.19	403.27	734.89	399.51	-177.79
Income Tax Expense	47.32	87.26	178.48	-0.79	9.22
Earnings From Continuing Operations	147.87	316.01	556.41	400.3	-187
Minority Interest in Earnings	-	-	-0.09	-0.7	7.76
Net Income	147.87	316.01	556.32	399.6	-179.24
Net Income to Common	147.87	316.01	556.32	399.6	-179.24
Net Income Growth	-53.21%	-43.20%	39.22%	-	-
Shares Outstanding (Basic)	162	165	172	184	174
Shares Outstanding (Diluted)	165	169	176	189	174
Shares Change (YoY)	-2.38%	-3.95%	-6.86%	8.81%	104.15%
EPS (Basic)	0.91	1.91	3.24	2.17	-1.03
EPS (Diluted)	0.89	1.87	3.15	2.11	-1.03
EPS Growth	-52.41%	-40.63%	49.29%	-	-
Free Cash Flow	14.11	178.34	411.29	78.46	-63.33
Free Cash Flow Per Share	0.09	1.05	2.33	0.41	-0.36
Dividend Per Share	0.330	0.290	0.220	0.050	-
Dividend Growth	13.79%	31.82%	340.00%	-	-
Gross Margin	20.92%	25.83%	29.46%	24.10%	8.94%
Operating Margin	2.51%	8.90%	15.92%	11.98%	-6.69%
Profit Margin	3.69%	7.32%	11.72%	9.63%	-7.26%
Free Cash Flow Margin	0.35%	4.13%	8.66%	1.89%	-2.56%
EBITDA	600.77	889.18	1,177	820.15	97.45
EBITDA Margin	15.00%	20.61%	24.79%	19.77%	3.94%
D&A For EBITDA	500.33	505.05	421.51	323.03	262.76
EBIT	100.44	384.13	755.64	497.12	-165.31
EBIT Margin	2.51%	8.90%	15.92%	11.98%	-6.69%
Effective Tax Rate	24.24%	21.64%	24.29%	-	-
Revenue as Reported	4,006	4,315	4,748	4,149	2,471

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q