What is Liberty Energy's capex?

Liberty Energy (LBRT) reported capex of $157M in Q1 2026.

How has Liberty Energy's capex changed year-over-year?

Liberty Energy's capex increased by 17.2% year-over-year, from $133.93M to $157M.

What is the long-term trend for Liberty Energy's capex?

Over 4 years (2021 to 2025), Liberty Energy's capex has grown at a 31.6% compound annual growth rate (CAGR), from $198.79M to $595.49M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Liberty Energy LBRT CapEx

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$343.36M+138%

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Other financials

Income statement

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Revenue$1.0B+4.5%

Gross profit$177.4M-17.8%

Operating income$22.3M+22.6%

Net income$22.6M+12.2%

EPS (diluted)$0.14+16.7%

Balance sheet

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Cash & equivalents$699.1M+2,801%

Total debt$1.6B+155%

Total equity$1.9B-1.3%

Total assets$4.4B+32.4%

Cash flow

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Operating cash flow$8.4M-95.6%

Free cash flow-$148.6M-355%

Valuation

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Market cap$4.44B+81.6%

Enterprise value$5.36B+75.7%

P/E29.5×+19.9×

P/S1.1×+0.5×

Profitability

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Gross margin19.7%-4.9pp

Operating margin1.9%-5.0pp

Net margin3.7%-2.3pp

FCF margin8.1%+0.6pp

Returns & leverage

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Return on equity7.7%-5.5pp

Debt / equity0.8×+0.5×

Current ratio2.2×+1.0×

Where this comes from

Reported directly by Liberty Energy in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The official record: Liberty Energy’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Liberty Energy's capex?: Liberty Energy (LBRT) reported capex of $157M in Q1 2026.
How has Liberty Energy's capex changed year-over-year?: Liberty Energy's capex increased by 17.2% year-over-year, from $133.93M to $157M.
What is the long-term trend for Liberty Energy's capex?: Over 4 years (2021 to 2025), Liberty Energy's capex has grown at a 31.6% compound annual growth rate (CAGR), from $198.79M to $595.49M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.