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Liberty Energy LBRT Total costs & expenses

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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:CostsAndExpenses.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Transaction and other costs7,6917,691811
Depreciation, depletion, and amortization114,213129,366228,272257,108
(Gain) loss on disposal of assets, net6,5525,631(11,961)8,976
Total operating costs and expenses1,175,8801,005,4482,174,7861,964,737
Operating income12,71637,07334,99455,245
Other (income) expense:
Gain on investments, net(42,913)(68,242)(60,229)(87,530)
Interest expense, net3,35410,16211,08519,705

Item 1. Financial Statements (Unaudited)

FAQ

What is Liberty Energy's total costs & expenses?
Liberty Energy (LBRT) reported total costs & expenses of $1.18B in Q2 2026.
How has Liberty Energy's total costs & expenses changed year-over-year?
Liberty Energy's total costs & expenses increased by 17.0% year-over-year, from $1.01B to $1.18B.
What is the long-term trend for Liberty Energy's total costs & expenses?
Over 4 years (2021 to 2025), Liberty Energy's total costs & expenses has grown at a 10.4% compound annual growth rate (CAGR), from $2.65B to $3.93B.
What does total costs & expenses mean?
The aggregate sum of all operating and non-operating costs incurred by the company to generate revenue during a specific period. This includes direct costs of services, administrative overhead, depreciation, and other operational expenditures. It serves as a primary indicator of the company's overall cost structure and operational efficiency in managing its business activities.

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