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	247.44	225.47	221.41	180.04	123.41
Depreciation & Amortization Expenses	500.33	505.05	421.51	323.03	262.76
Other Operating Expenses	17.53	-5.34	-4.94	1.23	15.92
Total Operating Expenses	765.3	725.19	637.98	504.3	402.08
Operating Income	72.71	389.47	760.58	495.89	-181.22
Interest Income	-	0.48	1.99	-	-
Other Non-Operating Income (Expense)	122.19	19.75	-31.31	56	-34.64
Total Non-Operating Income (Expense)	122.19	20.22	-29.32	56	-34.64
Pretax Income	195.19	403.27	734.89	399.51	-177.79
Provision for Income Taxes	47.32	87.26	178.48	-0.79	9.22
Net Income	147.87	316.01	556.32	399.6	-179.24
Minority Interest in Earnings	-	-	0.09	0.7	-7.76
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%	-	-
Shares Outstanding	161.98	161.86	166.61	178.75	183.39
Free Cash Flow	14.11	178.34	411.29	78.46	-63.33
Free Cash Flow Growth	-92.09%	-56.64%	424.20%	-	-
Free Cash Flow Per Share	0.09	1.05	2.33	0.41	-0.36
Dividends 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%	24.11%	8.94%
Operating Margin	1.81%	9.03%	16.02%	11.95%	-7.33%
Profit Margin	3.69%	7.32%	11.72%	9.65%	-7.57%
FCF Margin	0.35%	4.13%	8.66%	1.89%	-2.56%
EBITDA	573.04	894.52	1,182	818.92	81.53
EBITDA Margin	14.30%	20.73%	24.90%	19.74%	3.30%
EBIT	72.71	389.47	760.58	495.89	-181.22
EBIT Margin	1.81%	9.03%	16.02%	11.95%	-7.33%
Effective Tax Rate	24.24%	21.64%	24.29%	-0.20%	-5.18%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q