Liberty Energy LBRT
NYSE LBRT
$22.07 +0.67 (+3.13%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Liberty Energy (LBRT) posted Cost of Revenue of $980.3 million for Q2 2026, up 16.17% on a QoQ basis from $843.8 million in Q1 2026, and up 20.71% year-over-year from $812.1 million in Q2 2025.

Analysis

Liberty Energy (LBRT) Cost of Revenue (2017 - 2026) Analysis & Trends

Liberty Energy has reported Cost of Revenue for 10 years, with the latest figure at $980.3 million in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 20.71% year-over-year to $980.3 million in Q2 2026; TTM through Jun 2026 was $3.4 billion, a 8.32% 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 was $980.3 million for Q2 2026 at Liberty Energy, up from $843.8 million in the prior quarter.
  • The five-year high for Cost of Revenue was $980.3 million in Q2 2026, with the low at $670.0 million in Q1 2022.
  • Average Cost of Revenue over 5 years is $816.2 million, with a median of $829.0 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: Cost of Revenue jumped 47.29% in 2022, then slipped 12.75% in 2023.
  • Over 5 years, Cost of Revenue stood at $890.8 million in 2022, then retreated by 12.75% to $777.3 million in 2023, then fell by 4.57% to $741.8 million in 2024, then grew by 11.17% to $824.6 million in 2025, then advanced by 18.87% to $980.3 million in 2026.
  • The last three Cost of Revenue figures came in at $980.3 million (Q2 2026), $843.8 million (Q1 2026), and $824.6 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Slb 85.07 Bn 81.00 Bn 4.63 Bn 4.34 Bn
2 Baker Hughes 63.03 Bn 47.30 Bn 1.58 Bn 5.16 Bn
3 Halliburton 31.08 Bn 29.03 Bn 2.10 Bn 3.61 Bn
4 Weatherford International 6.68 Bn 5.54 Bn 662.00 Mn 443.00 Mn
5 Kodiak Gas Services 6.11 Bn 5.98 Bn 246.76 Mn 144.36 Mn
6 Tidewater 4.62 Bn 4.01 Bn 161.54 Mn 180.75 Mn
7 USA Compression Partners 4.01 Bn 4.00 Bn 217.36 Mn 124.79 Mn
8 Liberty Energy 3.59 Bn 3.04 Bn 208.34 Mn 980.26 Mn
9 National Energy Services Reunited 3.50 Bn 3.31 Bn 81.29 Mn 439.46 Mn
10 Select Water Solutions 2.78 Bn 2.74 Bn 76.84 Mn 318.97 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 980.26 Mn
Mar 31, 2026 843.82 Mn
Dec 31, 2025 824.63 Mn
Sep 30, 2025 769.76 Mn
Jun 30, 2025 812.11 Mn
Mar 31, 2025 761.62 Mn
Dec 31, 2024 741.75 Mn
Sep 30, 2024 840.27 Mn
Jun 30, 2024 835.80 Mn
Mar 31, 2024 782.68 Mn
Dec 31, 2023 777.25 Mn
Sep 30, 2023 850.25 Mn
Jun 30, 2023 833.46 Mn
Mar 31, 2023 888.42 Mn
Dec 31, 2022 890.85 Mn
Sep 30, 2022 874.45 Mn
Jun 30, 2022 713.72 Mn
Mar 31, 2022 670.02 Mn
Dec 31, 2021 635.35 Mn
Sep 30, 2021 593.68 Mn