Liberty Energy Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $4.0B | $4.3B | $4.7B | $4.1B | $2.5B |
| Operating income | $72.7M | $389.5M | $760.6M | $495.9M | -$181.2M |
| Cost of revenue | $3.2B | $3.2B | $3.3B | $3.1B | $2.2B |
| Cash from operations | $609.6M | $829.4M | $1.0B | $530.4M | $135.5M |
| 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 |
| Share repurchases | $24.9M | $129.2M | $203.1M | $125.3M | $0 |
| Impairments | $0 | $0 | $0 | $0 | — |
| Total assets | $3.6B | $3.3B | $3.0B | $2.6B | $2.0B |
| Total liabilities | $1.5B | $1.3B | $1.2B | $1.1B | $810.2M |
| Total debt | $246.7M | $190.5M | $140.0M | $219.7M | $124.5M |
Shares outstanding 163.2M · Free float 83.9%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.