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Liberty Energy LBRT Stock-Based Comp

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Other financials

Income statement

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Revenue$1.2B+14.0%
Gross profit$208.3M-9.6%
Operating income$12.7M-65.7%
Net income$43.1M-39.3%
EPS (diluted)$0.26-39.5%

Balance sheet

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Cash & equivalents$555.4M+2,739%
Total debt$1.6B+170%
Total equity$2.0B-3.5%
Total assets$4.5B+30.4%

Cash flow

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Operating cash flow$133.0M-22.0%
CapEx$223.9M+62.8%
Free cash flow-$90.8M-375%

Valuation

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Market cap$3.27B+77.1%
Enterprise value$4.33B+78.6%
P/E26.7×+18.2×
P/S0.8×+0.3×

Profitability

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Gross margin18.5%-4.5pp
Operating margin1.3%-3.3pp
Net margin2.9%-2.4pp
FCF margin8.1%+0.6pp

Returns & leverage

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Return on equity6.1%-4.8pp
Debt / equity0.8×+0.5×
Current ratio+0.8×

Where this comes from

Reported directly by Liberty Energy in its filing.

Tagged under the XBRL concept us-gaap:ShareBasedCompensation.

The source filing: Liberty Energy’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 4:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001694028-26-000039
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, depletion, and amortization228,272257,108
(Gain) loss on disposal of assets, net(11,961)8,976
Stock-based compensation expense17,99926,181
Deferred income tax expense17,558
Gain on investments, net(60,229)(87,530)
Cash return on equity method investment1,5662,234
Other non-cash items, net2,7953,869

Item 1. Financial Statements (Unaudited)

FAQ

What is Liberty Energy's stock-based comp?
Liberty Energy (LBRT) reported stock-based comp of $9.97M in Q2 2026.
How has Liberty Energy's stock-based comp changed year-over-year?
Liberty Energy's stock-based comp increased by 23.1% year-over-year, from $8.1M to $9.97M.
What is the long-term trend for Liberty Energy's stock-based comp?
Over 4 years (2021 to 2025), Liberty Energy's stock-based comp has grown at a 20.4% compound annual growth rate (CAGR), from $19.95M to $41.92M.
What does stock-based comp mean?
Total non-cash stock-based compensation expense for equity awards (RSUs, options, ESPP), added back to net income in cash flow reconciliation.

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