Liberty Energy (LBRT) Cost of Revenue (2017 - 2026)

Liberty Energy's Cost of Revenue history runs 10 years deep, the most recent figure standing at $843.8 million for Q1 2026.

• On a quarterly basis, Cost of Revenue rose 10.79% year-over-year to $843.8 million in Q1 2026; TTM through Mar 2026 was $3.3 billion, a 2.23% increase from a year earlier, with the FY2025 full-year figure at $3.2 billion, down 1.01% from the prior year.
• Cost of Revenue rose to $843.8 million in Q1 2026 per LBRT's latest filing, from $824.6 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $890.8 million in Q4 2022 and bottomed at $670.0 million in Q1 2022.
• The 5-year median for Cost of Revenue is $824.6 million (2025), against an average of $806.5 million.
• Across the five-year window, Cost of Revenue surged 47.29% in 2022 and dropped 12.75% in 2023, its largest moves.
• Year by year, Cost of Revenue stood at $890.8 million in 2022, then fell by 12.75% to $777.3 million in 2023, then declined by 4.57% to $741.8 million in 2024, then climbed by 11.17% to $824.6 million in 2025, then advanced by 2.33% to $843.8 million in 2026.
• Per Business Quant, the three latest LBRT Cost of Revenue figures stand at $843.8 million (Q1 2026), $824.6 million (Q4 2025), and $769.8 million (Q3 2025).