Liberty Energy Inc. (LBRT) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.02B | 1.04B | 947.4M | 1.04B | 977.46M | 943.57M | 1.14B | 1.16B | 1.07B | 1.07B | 1.22B | 1.19B | 1.26B | 1.23B | 1.19B | 942.62M | 792.77M | 683.74M | 653.73M | 581.29M |
| Revenue Growth % | 4.47% | 10.09% | -16.79% | -10.12% | -8.91% | -12.22% | -6.36% | -2.94% | -14.97% | -12.29% | 2.33% | 26.77% | 59.2% | 79.25% | 81.77% | 62.16% | 43.61% | 165.44% | 343.22% | 557.85% |
| Cost of Goods Sold | 957.88M | 824.63M | 892.74M | 941.47M | 889.36M | 873.92M | 966.67M | 959.1M | 905.87M | 895.67M | 959.24M | 933.15M | 982.82M | 979.06M | 957.3M | 791.1M | 744.61M | 706.99M | 659.53M | 585.17M |
| COGS % of Revenue | 93.8% | 79.39% | 94.23% | 90.31% | 90.99% | 92.62% | 84.9% | 82.69% | 84.41% | 83.32% | 78.89% | 78.09% | 77.87% | 79.88% | 80.56% | 83.93% | 93.92% | 103.4% | 100.89% | 100.67% |
| Gross Profit | 63.31M | 214.11M | 54.66M | 101.05M | 88.1M | 69.66M | 171.91M | 200.78M | 167.26M | 179.29M | 256.66M | 261.84M | 279.26M | 246.53M | 230.95M | 151.52M | 48.16M | -23.25M | -5.81M | -3.88M |
| Gross Margin % | 6.2% | 20.61% | 5.77% | 9.69% | 9.01% | 7.38% | 15.1% | 17.31% | 15.59% | 16.68% | 21.11% | 21.91% | 22.13% | 20.12% | 19.44% | 16.07% | 6.08% | -3.4% | -0.89% | -0.67% |
| Gross Profit Growth % | -28.14% | 207.38% | -68.21% | -49.67% | -47.33% | -61.15% | -33.02% | -23.32% | -40.11% | -27.28% | 11.13% | 72.8% | 479.82% | 1160.27% | 4076.34% | 4003.19% | 637.59% | 6.05% | 83.97% | 91.58% |
| Operating Expenses | 59.54M | 194.23M | 58.28M | 58.34M | 65.78M | 56.17M | 58.61M | 57.7M | 52.99M | 55.3M | 55.04M | 58.03M | 50.95M | 32.08M | 50.47M | 42.16M | 38.32M | 32.61M | 32.28M | 29.4M |
| OpEx % of Revenue | 5.83% | 18.7% | 6.15% | 5.6% | 6.73% | 5.95% | 5.15% | 4.97% | 4.94% | 5.14% | 4.53% | 4.86% | 4.04% | 2.62% | 4.25% | 4.47% | 4.83% | 4.77% | 4.94% | 5.06% |
| Selling, General & Admin | 59.54M | 65.03M | 58.28M | 58.34M | 65.78M | 56.17M | 58.61M | 57.7M | 52.99M | 55.3M | 55.04M | 58.03M | 50.95M | 32.08M | 50.47M | 42.16M | 38.32M | 32.61M | 32.28M | 29.4M |
| SG&A % of Revenue | 5.83% | 6.26% | 6.15% | 5.6% | 6.73% | 5.95% | 5.15% | 4.97% | 4.94% | 5.14% | 4.53% | 4.86% | 4.04% | 2.62% | 4.25% | 4.47% | 4.83% | 4.77% | 4.94% | 5.06% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 3.77M | 19.88M | -3.63M | 42.7M | 22.33M | 13.48M | 113.3M | 143.08M | 114.27M | 123.99M | 201.62M | 203.8M | 228.31M | 214.45M | 180.47M | 109.36M | 9.85M | -55.86M | -38.09M | -33.28M |
| Operating Margin % | 0.37% | 1.91% | -0.38% | 4.1% | 2.28% | 1.43% | 9.95% | 12.34% | 10.65% | 11.53% | 16.58% | 17.05% | 18.09% | 17.5% | 15.19% | 11.6% | 1.24% | -8.17% | -5.83% | -5.73% |
| Operating Income Growth % | -83.14% | 47.47% | -103.2% | -70.15% | -80.46% | -89.13% | -43.81% | -29.79% | -49.95% | -42.18% | 11.72% | 86.36% | 2219% | 483.88% | 573.82% | 428.56% | 127.88% | -24.52% | 25.97% | 54.53% |
| EBITDA | 117.82M | 140.13M | 119.35M | 172.07M | 150.07M | 145.65M | 239.69M | 266.39M | 237.46M | 242.41M | 310.62M | 303.5M | 322.71M | 302.67M | 263.32M | 186.74M | 84.43M | 15.77M | 27.76M | 29.94M |
| EBITDA Margin % | 11.54% | 13.49% | 12.6% | 16.51% | 15.35% | 15.44% | 21.05% | 22.97% | 22.13% | 22.55% | 25.55% | 25.4% | 25.57% | 24.7% | 22.16% | 19.81% | 10.65% | 2.31% | 4.25% | 5.15% |
| EBITDA Growth % | -21.49% | -3.79% | -50.21% | -35.41% | -36.8% | -39.92% | -22.83% | -12.23% | -26.42% | -19.91% | 17.96% | 62.53% | 282.2% | 1819.13% | 848.46% | 523.71% | 215.91% | 1539.4% | 499.01% | 205.88% |
| D&A (Non-Cash Add-back) | 114.06M | 120.24M | 122.98M | 129.37M | 127.74M | 132.16M | 126.39M | 123.31M | 123.19M | 118.42M | 109M | 99.69M | 94.4M | 88.21M | 82.85M | 77.38M | 74.59M | 71.64M | 65.85M | 63.23M |
| EBIT | 3.77M | 26.79M | 65.93M | 105.31M | 37.46M | 66.47M | 104.55M | 149.03M | 115.91M | 126.3M | 205.76M | 206.83M | 225.49M | 155.51M | 156.61M | 110.44M | -326K | -52.65M | -34.62M | -32.7M |
| Net Interest Income | -7.73M | -9.7M | -10.9M | -10.16M | -9.54M | -8.5M | -8.59M | -8.06M | -7.06M | -6.36M | -6.78M | -6.47M | -7.89M | -6.76M | -6.77M | -4.86M | -4.32M | -4.08M | -4.01M | -3.77M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 478K | 733K | 531K | 350K | 373K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 7.73M | 9.7M | 10.9M | 10.16M | 9.54M | 8.5M | 8.59M | 8.06M | 7.54M | 7.1M | 7.31M | 6.83M | 8.26M | 6.76M | 6.77M | 4.86M | 4.32M | 4.08M | 4.01M | 3.77M |
| Other Income/Expense | 28.1M | -2.79M | 58.66M | 52.45M | 5.59M | 44.49M | -17.33M | -2.11M | -5.9M | -4.78M | -3.17M | -3.8M | -11.08M | -65.7M | -30.64M | -3.79M | -14.49M | -859K | -537K | -3.18M |
| Pretax Income | 31.86M | 17.09M | 55.03M | 95.15M | 27.92M | 57.97M | 95.96M | 140.97M | 108.37M | 119.21M | 198.45M | 200M | 217.23M | 148.75M | 149.84M | 105.57M | -4.65M | -56.72M | -38.63M | -36.47M |
| Pretax Margin % | 3.12% | 1.65% | 5.81% | 9.13% | 2.86% | 6.14% | 8.43% | 12.15% | 10.1% | 11.09% | 16.32% | 16.74% | 17.21% | 12.14% | 12.61% | 11.2% | -0.59% | -8.3% | -5.91% | -6.27% |
| Income Tax | 9.3M | 3.4M | 11.98M | 24.14M | 7.81M | 6.08M | 22.16M | 32.55M | 26.48M | 26.82M | 49.84M | 47.33M | 54.48M | -4.43M | 2.57M | 235K | 830K | -186K | 753K | 16.01M |
| Effective Tax Rate % | 29.2% | 19.89% | 21.76% | 25.37% | 27.96% | 10.48% | 23.09% | 23.09% | 24.43% | 22.5% | 25.12% | 23.67% | 25.08% | -2.98% | 1.72% | 0.22% | -17.85% | 0.33% | -1.95% | -43.89% |
| Net Income | 22.56M | 13.69M | 43.05M | 71.02M | 20.11M | 51.89M | 73.8M | 108.42M | 81.89M | 92.38M | 148.61M | 152.67M | 162.66M | 152.87M | 146.95M | 105.16M | -5.38M | -55.59M | -38.89M | -50.56M |
| Net Margin % | 2.21% | 1.32% | 4.54% | 6.81% | 2.06% | 5.5% | 6.48% | 9.35% | 7.63% | 8.59% | 12.22% | 12.78% | 12.89% | 12.47% | 12.37% | 11.16% | -0.68% | -8.13% | -5.95% | -8.7% |
| Net Income Growth % | 12.17% | -73.62% | -41.66% | -34.5% | -75.44% | -43.83% | -50.34% | -28.98% | -49.65% | -39.57% | 1.13% | 45.19% | 3125.58% | 375% | 477.87% | 307.98% | 84.28% | -50.12% | -12.72% | -10.46% |
| Net Income (Continuing) | 22.56M | 13.69M | 43.05M | 71.02M | 20.11M | 51.89M | 73.8M | 108.42M | 81.89M | 92.38M | 148.61M | 152.67M | 162.75M | 153.18M | 147.26M | 105.34M | -5.48M | -56.54M | -39.38M | -52.47M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 91K | 0 | 0 | 2.29M | 2.7M | 2.45M | 2.4M | 17.2M | 12.15M | 12.62M |
| EPS (Diluted) | 0.14 | 0.08 | 0.26 | 0.43 | 0.12 | 0.31 | 0.44 | 0.64 | 0.48 | 0.54 | 0.85 | 0.87 | 0.90 | 0.82 | 0.77 | 0.55 | -0.03 | -0.31 | -0.22 | -0.29 |
| EPS Growth % | 16.67% | -73.39% | -40.91% | -32.81% | -75% | -42.59% | -48.24% | -26.44% | -46.67% | -34.15% | 10.39% | 58.18% | 3120.13% | 364.52% | 450% | 289.66% | 85.81% | 24.39% | 46.34% | 47.27% |
| EPS (Basic) | 0.14 | 0.08 | 0.27 | 0.44 | 0.12 | 0.32 | 0.45 | 0.65 | 0.49 | 0.55 | 0.88 | 0.88 | 0.92 | 0.84 | 0.79 | 0.56 | -0.03 | -0.31 | -0.22 | -0.29 |
| Diluted Shares Outstanding | 166.25M | 166.03M | 165.07M | 164.24M | 165.78M | 167.16M | 168.59M | 169.67M | 171.44M | 172.66M | 173.98M | 176.22M | 181.09M | 185.9M | 189.91M | 190.44M | 184M | 181.78M | 178.31M | 172.52M |
| Basic Shares Outstanding | 162.05M | 161.97M | 161.96M | 161.87M | 161.94M | 162.86M | 164.74M | 166.21M | 166.32M | 168.02M | 169.78M | 173.13M | 176.57M | 181.13M | 185.51M | 186.72M | 179.2M | 181M | 176.77M | 172.52M |
| Dividend Payout Ratio | - | 106.49% | 30.09% | 19.37% | 65.59% | 25.06% | 15.5% | 11.28% | 14.22% | 12.64% | 5.68% | 5.76% | 5.4% | 5.9% | - | 0.14% | - | - | - | - |