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Liberty Energy Inc. income statement

In fiscal 2025, Liberty Energy Inc. reported revenue of $4.01bn, down 7.2% on the year before, operating income of $72.7m (a 1.8% margin) and net income of $148m, or $0.89 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue3751,4902,1551,9909662,4714,1494,7484,3154,0064,445
Cost of revenue3551,1471,6291,6218582,2503,1493,3493,2013,1683,644
Gross profit203435263691082211,0001,3991,115838801
General and administrative3680989884123180221225247261
Operating income−54181307104−177−1814967613897374
Interest expense613171515—2329334027
Provision for credit losses————510————
Income before tax———89−192−178400735403195—
Income tax004014−319−1178874711
Net income0012639−116−17940055631614840
Diluted EPS——$0.91$0.27−$0.68−$1.03$2.11$3.15$1.87$0.89$0.24
Diluted shares (average)——236m211m170m174m189m176m169m165m166m
EBITDA−132634322693828191,182895573536

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Liberty Energy Inc.'s SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Liberty Energy Inc.