Liberty Energy Inc. (LBRT) Financials
Key financial figures for Liberty Energy Inc. (Q3 2026).
Liberty Q3 2026 revenue rose 26% year over year to $1.196B, but a $62.9M investment loss pushed GAAP diluted EPS to $(0.24) while Adjusted EBITDA was $141.6M. Revenue was $1,196.2M, up 26% from $947.4M in Q3 2025 and up 1% from $1,188.6M in Q2 2026; operating income was $19.3M versus a $(2.4)M loss a year earlier and $12.7M in Q2 2026. Net loss was $(39.1)M, or $(0.24) per diluted share, against net income of $43.1M ($0.26) in Q3 2025 and Q2 2026; the swing was driven by a $62.9M loss on investments, net (Q2 2026 carried a $42.9M gain). Adjusted EBITDA (non-GAAP) was $141.6M, up 11% from $127.7M in Q3 2025 and down 6% from $151.1M in Q2 2026; Adjusted Net Income was $9.8M, or $0.06 per diluted share. On the outlook: The release gave no numeric guidance; management said it expects fourth quarter weather and holiday seasonality to be partially offset by continued strength in demand, including activity deferred from the third quarter, and that frac pricing continues to improve. Figures are for Q3 2026, as Liberty Energy Inc. reported them.
- Revenue
- $1.2B
- Net Income
- -$39M
- EPS
- $-0.24
- Total Assets
- $4.5B
- Operating Cash Flow
- $223M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $1.2B | -$39M | -$0.24 | 1.61% | -$403M |
| Q2 FY2026 | $1.2B | $43M | $0.26 | 1.07% | -$91M |
| Q1 FY2026 | $1.0B | $23M | $0.14 | 0.37% | -$149M |
| Q4 FY2025 | $1.0B | $14M | $0.08 | 1.91% | -$10M |
| Q3 FY2025 | $947M | $43M | $0.26 | -0.38% | -$67M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $4.0B | $148M | $0.89 | 2.03% | $14M |
| FY2024 | $4.3B | $316M | $1.87 | 8.9% | $178M |
| FY2023 | $4.7B | $556M | $3.15 | 15.96% | $411M |
Frequently asked questions
What was Liberty Energy Inc.'s revenue last quarter?
Liberty Energy Inc. reported revenue of $1.20 billion for Q3 FY2026, up 26.3% from the same period a year earlier.
Is Liberty Energy Inc. profitable?
Not in its most recent reported period. Liberty Energy Inc. reported a net loss of $39.1 million for Q3 FY2026, a net margin of -3.27% on revenue.
How has Liberty Energy Inc.'s margin trended?
Operating margin was 1.61% in Q3 FY2026, compared with -0.38% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Liberty Energy Inc. generate?
Liberty Energy Inc. generated free cash flow of -$403.1 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Liberty Energy Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.