Liberty Energy Inc. (LBRT) — Financial statements
Income statement, balance sheet, and cash flow for Liberty Energy Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,006↓7.2% | 4,315↓9.1% | 4,748↑14.4% | 4,149↑67.9% | 2,471 | |
| Cost of Revenue | 3,548↓4.2% | 3,706↓1.7% | 3,771↑8.6% | 3,472↑38.2% | 2,513 | |
| Gross Profit | 458↓24.9% | 610↓37.6% | 977↑44.3% | 677↑1716.1% | -42 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 247↑9.7% | 225 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 247↑9.7% | 225↑2.8% | 219↑34.5% | 163↑35.1% | 121 | |
| Other Expenses | 129 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 377↑67.0% | 225↑2.8% | 219↑34.5% | 163↑35.1% | 121 | |
| Total Costs & Expenses | 3,925↓0.2% | 3,931↓1.5% | 3,990↑9.8% | 3,635↑38.0% | 2,633 | |
| Operating Results | ||||||
| Operating Income | 81↓78.8% | 384↓49.3% | 758↑47.4% | 514↑416.3% | -163 | |
| Depreciation & Amortization | 500↓0.9% | 505↑19.8% | 422↑30.5% | 323↑22.9% | 263 | |
| EBITDA | 736↓21.8% | 941↓20.6% | 1,186↑59.1% | 745↑641.0% | 101 | |
| EBIT | 235↓46.0% | 436↓43.0% | 764↑81.0% | 422↑360.3% | -162 | |
| Interest & Other Income | ||||||
| Net Interest Income | -40↓25.1% | -32↓17.1% | -28↓21.1% | -23↓45.6% | -16 | |
| Interest Income | 0.00↓100.0% | 0.48↓75.9% | 2 | 0.00 | 0.00 | |
| Interest Expense | 40↑23.3% | 33↑10.8% | 29↑29.8% | 23↑45.6% | 16 | |
| Non-Operating Income | -154↓197.5% | -52↓677.9% | -7↓107.2% | 92↑24740.0% | -0.37 | |
| Other Income / Expenses | 114↑495.1% | 19↑183.8% | -23↑80.1% | -115↓652.5% | -15 | |
| Income Before Tax | 195↓51.6% | 403↓45.1% | 735↑83.9% | 400↑324.7% | -178 | |
| Income Tax Expense | 47↓45.8% | 87↓51.1% | 178↑22607.2% | -0.79↓108.6% | 9 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 148↓53.2% | 316↓43.2% | 556↑39.0% | 400↑314.1% | -187 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 148↓53.2% | 316↓43.2% | 556↑39.2% | 400↑322.9% | -179 | |
| Bottom-Line Net Income | 148↓53.2% | 316↓43.2% | 556↑39.2% | 400↑322.9% | -179 | |
| EPS (Basic) | 0.91↓52.4% | 1.91↓41.0% | 3.24↑49.3% | 2.17↑310.7% | -1.03 | |
| EPS (Diluted) | 0.89↓52.4% | 1.87↓40.6% | 3.15↑49.3% | 2.11↑304.9% | -1.03 | |
| Weighted Average Shares | 162↓1.9% | 165↓4.0% | 172↓6.8% | 184↑5.9% | 174 | |
| Weighted Average Diluted Shares | 166↓2.0% | 169↓3.9% | 176↓6.9% | 189↑8.8% | 174 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.