LBRT · XBRL financial data

Liberty Energy financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (LBRT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021†Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	966	2,471	4,149	4,748	4,315	4,006
Cost of goods and services sold	858	2,250	3,149	3,349	3,201	3,168
General and administrative	84	123	180	221	225	247
Operating income (loss)	(177)	(181)	496	761	389	73
Interest expense	15	—	23	29	33	40
Other income (expense)	—	—	(96)	(26)	14	122
Income tax expense (benefit)	(31)	9	(1)	178	87	47
Net income (loss)	(116)	(179)	400	556	316	148
Earnings per share, basic USD per share	(1.36)	(1.03)	2.17	3.24	1.91	0.91
Earnings per share, diluted USD per share	(1.36)	(1.03)	2.11	3.15	1.87	0.89
Weighted average shares, basic millions of shares	85	174	184	172	165	162
Weighted average shares, diluted millions of shares	85	174	189	176	169	165

† Share count changed about 2x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (LBRT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021†Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	69	20	44	37	20	28
Accounts receivable	244	299	410	—	—	352
Inventory	119	135	214	206	203	188
Prepaid and other current assets	66	68	113	124	85	57
Total current assets	567	630	957	954	849	878
Property and equipment, net	1,121	1,199	1,362	1,645	1,891	2,054
Right-of-use asset	76	110	97	93	73	65
Total assets	1,890	2,041	2,576	3,034	3,296	3,558
Accounts payable	193	289	327	294	314	359
Accrued liabilities	118	235	279	261	207	232
Current portion of long-term debt	0	1	1	0	0	5
Total current liabilities	356	569	649	639	667	720
Long-term debt	105	121	217	140	191	242
Lease liability, non-current	50	77	69	64	44	42
Total liabilities	580	810	1,079	1,192	1,318	1,479
Retained earnings (accumulated deficit)	23	(156)	235	752	1,020	1,113
Total stockholders' equity	1,151	1,213	1,495	1,841	1,979	2,079
Total liabilities and equity	1,890	2,041	2,576	3,034	3,296	3,558

† Share count changed about 2x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (LBRT's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021†Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(116)	(179)	400	556	316	148
Stock-based compensation	17	20	23	33	32	42
Depreciation and amortization	180	263	323	422	505	500
Net cash from operating activities	85	135	530	1,015	829	610
Net cash from investing activities	(100)	(186)	(451)	(672)	(643)	(435)
Proceeds from issuing common stock	0	—	—	—	—	—
Share repurchases	0	0	125	203	129	25
Dividends paid	4	0	9	38	48	54
Net cash from financing activities	(29)	2	(56)	(349)	(203)	(168)
Net change in cash	(44)	(49)	—	—	—	—

† Share count changed about 2x in the period ending 2021-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 1389 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 1389 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Liberty Energy	119	1,196	223*	not reported	—	Q3 FY26 10-QSep 30, 2026
Oceaneering International	735	785	163*	99.4M	—	Q3 FY26 10-QSep 30, 2026
Patterson Uti Energy	337	1,336	301*	379.4M	—	Q3 FY26 10-QSep 30, 2026
Transocean	499	937	174*	1.1B	—	Q3 FY26 10-QSep 30, 2026
Valaris	525	594	67*	69.4M	—	Q3 FY26 10-QSep 30, 2026
Helmerich & Payne	204	1,035	154*	99.9M	—	Q3 FY26 10-QJun 30, 2026
Noble	337	729	144*	159.7M	—	Q3 FY26 10-QSep 30, 2026
Hornbeck Offshore Services	652	304	54*	147.4M	—	Q2 FY26 10-QJun 30, 2026
SEADRILL	337	449	(18)*	62.5M	18.7 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.