Financials in USD. Standardized financial statements.
A compact view of how Liberty Energy Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $4.01B | $4.32B | $4.75B | $4.15B | $2.47B | $965.79M | $1.99B | $2.16B | $1.49B | $374.77M |
| Revenue Growth? | -7.2% | -9.1% | +14.4% | +67.9% | +155.8% | -51.5% | -7.6% | +44.7% | +297.5% | 0.0% |
| Cost of Revenue? | $3.55B | $3.71B | $3.77B | $3.47B | $2.51B | $1.04B | $1.79B | $1.75B | $1.23B | $396.09M |
| Gross Profit? | $457.92M | $609.61M | $977.04M | $677.16M | -$41.90M | -$72.28M | $203.79M | $401.27M | $261.37M | -$21.32M |
| Gross Margin? | +11.4% | +14.1% | +20.6% | +16.3% | -1.7% | -7.5% | +10.2% | +18.6% | +17.5% | -5.7% |
| Operating Expenses? | $376.63M | $225.47M | $219.32M | $163.03M | $120.66M | $71.90M | $93.09M | $88.95M | $80.09M | $35.79M |
| Operating Income? | $81.28M | $384.13M | $757.72M | $514.13M | -$162.56M | -$144.18M | $110.70M | $312.32M | $181.28M | -$57.11M |
| EBITDA? | $735.83M | $941.01M | $1.19B | $745.25M | $100.57M | $3.32M | $271.78M | $432.06M | $262.66M | -$13.07M |
| Income Before Tax | $195.19M | $403.27M | $734.89M | $399.51M | -$177.79M | -$191.53M | $88.92M | $289.42M | $168.50M | -$60.56M |
| Income Tax Expense | $47.32M | $87.26M | $178.48M | -$793,000 | $9.22M | -$30.86M | $14.05M | $40.38M | $0 | $0 |
| Net Income? | $147.87M | $316.01M | $556.32M | $399.60M | -$179.24M | -$115.58M | $39.00M | $126.35M | $0 | $0 |
| EPS? | $0.91 | $1.91 | $3.24 | $2.17 | $-1.03 | $-1.36 | $1.03 | $1.85 | $3.00 | $-0.89 |
| Diluted EPS? | $0.89 | $1.87 | $3.15 | $2.11 | $-1.03 | $-1.36 | $0.71 | $1.07 | $3.00 | $-0.51 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality