Liberty Energy (LBRT) Gross Margin (2017 - 2026)
Liberty Energy (LBRT) posted quarterly Gross Margin of 17.53% for Q2 2026, down 457.0% year-over-year from 4.91% in Q2 2025, and up 0.92% quarter-over-quarter from 17.37% in Q1 2026.
Liberty Energy (LBRT) Gross Margin (2017 - 2026) Analysis & Trends
Liberty Energy's Gross Margin history runs 10 years deep, the most recent figure standing at 17.53% for Q2 2026.
- In Q2 2026, Gross Margin fell 457.0% year-over-year to 17.53%; the TTM figure through Jun 2026 stood at 18.53% (down 454.0% YoY), while the FY2025 annual figure was 20.92%, down 491.0% from the prior year.
- Gross Margin for Q2 2026 stood at 17.53%, up from 17.37% in the prior quarter.
- The five-year high for Gross Margin was 30.25% in Q2 2023, with the low at 6951.17% in Q1 2024.
- The 5-year median for Gross Margin is 23.19% (2025), against an average of 363.67%.
- The sharpest annual moves came in 2024 and 2025: Gross Margin slumped 698078 bps in 2024, then jumped 697325 bps in 2025.
- Liberty Energy's Gross Margin stood at 27.31% in 2022, then climbed by 1 bps to 27.69% in 2023, then decreased by 23 bps to 21.39% in 2024, then decreased by 4 bps to 20.61% in 2025, then decreased by 15 bps to 17.53% in 2026.
- Business Quant data shows LBRT's Gross Margin at 17.53% in Q2 2026, 17.37% in Q1 2026, and 20.61% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 51.63% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 23.46% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 50.62% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 36.80% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 24.41% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 59.91% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 63.09% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 65.86% |
| 10 | Liberty Energy | 3.14 Bn | 2.59 Bn | 208.34 Mn | 17.53% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.53% |
| Mar 31, 2026 | 17.37% |
| Dec 31, 2025 | 20.61% |
| Sep 30, 2025 | 18.75% |
| Jun 30, 2025 | 22.10% |
| Mar 31, 2025 | 22.08% |
| Dec 31, 2024 | 21.39% |
| Sep 30, 2024 | 26.20% |
| Jun 30, 2024 | 27.94% |
| Mar 31, 2024 | -6,951.17% |
| Dec 31, 2023 | 27.69% |
| Sep 30, 2023 | 30.07% |
| Jun 30, 2023 | 30.25% |
| Mar 31, 2023 | 29.61% |
| Dec 31, 2022 | 27.31% |
| Sep 30, 2022 | 26.41% |
| Jun 30, 2022 | 24.28% |
| Mar 31, 2022 | 15.48% |
| Dec 31, 2021 | 7.08% |
| Sep 30, 2021 | 9.18% |