Every 10-Q that Liberty Energy Inc. (LBRT) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LBRT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LBRT filings page.
Liberty Energy Inc. reported Q2 2026 revenue of $1,188,596 (in thousands), higher than $1,042,521 a year earlier. Net income was $43,121 (in thousands), down from $71,016, with diluted EPS of $0.26 versus $0.43. For the first six months, revenue was $2,209,780 and net income $65,679 (both in thousands).
Cash and cash equivalents rose to $555,359 (in thousands) at June 30, 2026, from $27,554, largely alongside new 0.00% convertible senior notes totaling $1,295,000 (in thousands). Total stockholders’ equity was $1,963,754 (in thousands). Operating cash flow for the first half was $141,442 (in thousands).
The company issued 2031 and 2032 convertible senior notes with associated capped call transactions to limit potential dilution, and maintained an undrawn $750.0 million revolving credit facility with a $467.7 million borrowing base and $448.3 million of availability. Liberty operated approximately 40 active fracturing fleets, continued expanding its Liberty Power Innovations distributed power platform, paid first-half cash dividends of $0.18 per share, and the board approved another $0.09 dividend payable in September 2026.
Liberty Energy Inc. reported higher quarterly results and significantly reshaped its balance sheet. For the three months ended March 31, 2026, revenue rose to $1.02 billion from $977.5 million a year earlier, driven by higher activity and better fleet utilization, partly offset by pricing pressure. Net income increased to $22.6 million versus $20.1 million, with diluted earnings per share of $0.14 compared to $0.12.
Operating income improved to $22.3 million, though operating cash flow fell sharply to $8.4 million from $192.1 million as receivables and unbilled revenue grew. The company invested $157.0 million in property and equipment and ended the quarter with $699.1 million in cash and cash equivalents.
Liberty issued $770.0 million of 0.00% convertible senior notes due 2031 and $525.0 million due 2032, and entered related capped call transactions totaling $186.5 million to reduce potential share dilution. Total debt, net of deferred financing costs, jumped to $1.28 billion from $246.6 million, while the $750 million revolving credit facility was fully undrawn with $489.5 million of availability. The company maintained quarterly dividends of $0.09 per share and continued its share repurchase authorization.
Liberty Energy Inc. (LBRT) reported Q3 2025 results with total revenue of $947.4 million, down from $1.14 billion a year ago. Operating loss was $2.4 million, but net income reached $43.1 million, helped by a $68.4 million net gain on investments. Diluted EPS was $0.26 (vs. $0.44).
For the first nine months, revenue was $3.0 billion (vs. $3.37 billion) and net income was $134.2 million, or $0.81 diluted EPS. Cash from operations was $414.2 million, funding $390.1 million of capital expenditures, $38.8 million in dividends, and $24.9 million of share repurchases (1.55 million shares).
The company closed the $19.6 million acquisition of IMG Energy Solutions to expand distributed power. It replaced its prior ABL with a new $750 million revolving credit facility; as of September 30, 2025, $253.0 million was drawn, with a $399.1 million borrowing base, $14.0 million in letters of credit, and $132.1 million of availability. Investments included Oklo at $115.7 million and Tamboran at $24.5 million. A $0.09 quarterly dividend was approved on October 14, 2025.