Liberty Energy Inc. (LBRT)
Liberty Energy Inc. brought in $4.4B of revenue over the twelve months to September 30, 2026, up 13.6% from a year earlier. Net income was $40.3M, a net margin of 0.9%. Operating cash flow minus capital spending left $14.1M of free cash flow in fiscal 2025. At September 30, 2026 it held $119M in cash against $1.3B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 22, 2026.
Key facts about Liberty Energy Inc.
- Net worth
- Liberty Energy Inc. has a market value (market cap) of $2.1B at the latest share price, and shareholders' equity of $1.9B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $4B (-7.2% year on year), with net income of $147.9M. Over the 12 months to September 30, 2026: revenue $4.4B, net income $40.3M.
- Cash flow
- In fiscal 2025 operations brought in $609.6M of cash; after $595.5M of capital spending, free cash flow was $14.1M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 22, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Liberty Energy Inc.'s next report is expected around January 28, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Liberty Energy Inc. declared dividends of $0.33 per share in fiscal 2025, a yield of 2.60% at the current price.
What Liberty Energy Inc. does
Liberty Energy Inc. is registered with the SEC under industry code SIC 1389 (Oil & Gas Field Services, NEC). Its shares trade on NYSE under the ticker LBRT.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $4B | $147.9M | $0.89 | $14.1M |
| 2024 | $4.3B | $316M | $1.87 | $178.3M |
| 2023 | $4.7B | $556.3M | $3.15 | $411.3M |
| 2022 | $4.1B | $399.6M | $2.11 | $78.5M |
| 2021 | $2.5B | -$179.2M | -$1.03 | -$63.3M |
| 2020 | $965.8M | -$115.6M | -$1.36 | -$18.2M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where LBRT ranks in Energy
Dividends
Liberty Energy Inc. declared $0.33 per share in fiscal 2025. At the current price that is a yield of 2.60%. It paid out $54.5M in cash dividends, 37% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.33 | $54.5M | 37% |
| 2024 | $0.29 | $48.3M | 15% |
| 2023 | $0.22 | $37.7M | 7% |
| 2022 | $0.05 | $9.2M | 2% |
| 2021 | n/a | $168K | n/a |
| 2020 | $0.05 | $4.4M | n/a |
Latest SEC filings
What Liberty Energy Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 22, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 26% to $1.2B versus the same quarter last year; diluted EPS -$0.24 versus $0.26.
- October 21, 2026
- September 18, 2026Material agreement8-KLiberty Energy disclosed specific terms of an approximately $493.2 million power generation equipment supply contract.
- August 13, 2026Passive stake changed SCHEDULE 13G/A
- July 23, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 14% to $1.2B versus the same quarter last year; diluted EPS $0.26 versus $0.43.
- July 23, 2026
- June 25, 2026
- June 23, 2026
- May 7, 2026
- April 30, 2026Passive stake (5% or more) SCHEDULE 13G
What is LBRT worth? A DCF from its reported cash flow
Insider trades
What the people running Liberty Energy Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $645.6K and sold $315.3K worth of shares in the last 90 days. All of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 3, 2026 | Gusek RonCEO and President, Director | Bought | 25,000 | $377.3K |
| November 3, 2026 | Gosney Ryan TChief Accounting Officer | Bought | 3,000 | $45K |
| November 2, 2026 | Stock MichaelChief Financial Officer | Soldpre-planned (10b5-1) | 3,333 | $55.8K |
| October 26, 2026 | Babcock KenDirector | Boughtindirect | 14,500 | $223.3K |
| October 6, 2026 | Stock MichaelChief Financial Officer | Soldpre-planned (10b5-1) | 3,333 | $66.7K |
| October 1, 2026 | Stock MichaelChief Financial Officer | Soldpre-planned (10b5-1) | 3,333 | $60.6K |
| September 1, 2026 | Stock MichaelChief Financial Officer | Soldpre-planned (10b5-1) | 6,666 | $132.3K |
| August 4, 2026 | Stock MichaelChief Financial Officer | Soldpre-planned (10b5-1) | 3,333 | $66.7K |
Who owns LBRT
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Vanguard Portfolio Management13G, passive | 6.53% | April 29, 2026 |
| Vanguard Capital Management13G, passive | 5.06% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 405 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 27,552,623 | +1,843,116 |
| Vanguard Portfolio Management LLC | 11,155,633 | +633,765 |
| Dimensional Fund Advisors LP | 9,422,892 | +189,224 |
| State Street Corp | 7,074,089 | +197,282 |
| Vanguard Capital Management LLC | 7,071,270 | +78,468 |
| American Century Companies Inc | 6,927,445 | -771,887 |
| Geode Capital Management, LLC | 4,598,972 | +686,527 |
| Franklin Resources Inc | 4,234,025 | +267,003 |
| Frontier Capital Management Co LLC | 3,720,666 | +1,226,444 |
| Nomura Asset Management International Inc. | 3,648,861 | +245,550 |
| UBS Group AG | 3,457,265 | +2,237,641 |
| Van Eck Associates Corp | 3,159,074 | -143,772 |
| Millennium Management LLC | 2,613,776 | +1,136,561 |
| Fuller & Thaler Asset Management, Inc. | 2,564,227 | +86,209 |
| Charles Schwab Investment Management Inc | 2,548,436 | -479,653 |
| Deutsche Bank AG\ | 2,432,588 | +676,292 |
| Invesco Ltd. | 2,422,323 | +1,296,225 |
| Bank of New York Mellon Corp | 2,336,206 | +568,719 |
| Jpmorgan Chase & Co | 2,303,700 | -174,339 |
| Eventide Asset Management, LLC | 2,314,729 | -88,369 |
Insiders
12 insiders reported holding 3,068,538 shares in total, about $38.9M at the last price.
| Holder | Shares |
|---|---|
| Gusek RonCEO and President, Director | 1,068,702 |
| Stock MichaelChief Financial Officer | 750,380 |
| Elliott R SeanChief Legal Officer | 350,474 |
| Gosney Ryan TChief Accounting Officer | 236,327 |
| Steinbeck Cary D.Director | 195,428 |
| Babcock KenDirector | 152,29383,258 held indirectly |
| Kimble William FChairman of the Board, Director | 89,805 |
| Norton Gale ADirector | 85,276 |
| Ayat SimonDirector | 54,046 |
| Murti Arjun NDirector | 41,621 |
Questions about LBRT
What does Liberty Energy Inc. do?
Liberty Energy Inc. is a company in the Energy sector, listed on NYSE as LBRT. Its shares trade on NYSE under the ticker LBRT.
What is Liberty Energy Inc.'s net worth?
Liberty Energy Inc. has a market value (market cap) of $2.1B at the latest share price, and shareholders' equity of $1.9B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Liberty Energy Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $40.3M on revenue of $4.4B, a net margin of 0.9%.
How much revenue does Liberty Energy Inc. make?
Over the twelve months to September 30, 2026 Liberty Energy Inc. reported revenue of $4.4B. That is 13.6% more than a year earlier.
When did Liberty Energy Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 22, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 5, 2026.
When is Liberty Energy Inc.'s next earnings report?
Liberty Energy Inc.'s next report is expected around January 28, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Liberty Energy Inc. pay a dividend?
Yes. Liberty Energy Inc. declared dividends of $0.33 per share in fiscal 2025, a yield of 2.60% at the current price.
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Where the numbers come from
Financial figures are the values Liberty Energy Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.