Liberty Energy Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $4.0B | $4.3B | $4.7B | $4.1B | $2.5B |
| Cost of revenue | $3.2B | $3.2B | $3.3B | $3.1B | $2.2B |
| Operating income | $72.7M | $389.5M | $760.6M | $495.9M | -$181.2M |
| Interest expense | $40.3M | $32.7M | $29.5M | $22.7M | — |
| Pretax income | $195.2M | $403.3M | $734.9M | $399.5M | -$177.8M |
| Income tax expense | $47.3M | $87.3M | $178.5M | -$793,000 | $9.2M |
| Net income | $147.9M | $316.0M | $556.3M | $399.6M | -$179.2M |
| Balance Sheet | |||||
| Cash and equivalents | $27.6M | $20.0M | $36.8M | $43.7M | $20.0M |
| Current assets | $878.0M | $848.5M | $954.3M | $956.7M | $630.4M |
| Total assets | $3.6B | $3.3B | $3.0B | $2.6B | $2.0B |
| Current liabilities | $720.4M | $666.5M | $639.4M | $649.5M | $569.2M |
| Total liabilities | $1.5B | $1.3B | $1.2B | $1.1B | $810.2M |
| Total debt | $246.7M | $190.5M | $140.0M | $219.7M | $124.5M |
| Stockholders' equity | $2.1B | $2.0B | $1.8B | $1.5B | $1.2B |
| Cash Flow Statement | |||||
| Cash from operations | $609.6M | $829.4M | $1.0B | $530.4M | $135.5M |
| Depreciation and amortization | $500.3M | $505.1M | $421.5M | $323.0M | $262.8M |
| Stock-based compensation | $41.9M | $32.4M | $33.0M | $23.1M | $19.9M |
| Capital expenditure | $595.5M | $651.0M | $603.3M | $451.9M | $198.8M |
| Free cash flow | $14.1M | $178.3M | $411.3M | $78.5M | -$63.3M |
| Dividends paid | $54.5M | $48.3M | $37.7M | $9.2M | $168,000 |
| Share repurchases | $24.9M | $129.2M | $203.1M | $125.3M | $0 |
| Impairments | $0 | $0 | $0 | $0 | — |
Shares outstanding 163.2M · Free float 83.9%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.