Liberty Energy LBRT
NYSE LBRT
$21.09 -0.97 (-4.37%)
As of: Sep 10, 2026 · 12:01 PM EDT

Liberty Energy (LBRT) Gross Margin (2017 - 2026)

Liberty Energy (LBRT) posted Gross Margin of 17.53% for Q2 2026, up 0.92% on a QoQ basis from 17.37% in Q1 2026, and down 457.0% year-over-year from 4.91% in Q2 2025.

Analysis

Liberty Energy (LBRT) Gross Margin (2017 - 2026) Analysis & Trends

Liberty Energy has reported Gross Margin for 10 years, with the latest figure at 17.53% in Q2 2026.

  • On a quarterly basis, Gross Margin fell 457.0% year-over-year to 17.53% in Q2 2026; TTM through Jun 2026 was 18.53%, a 454.0% decrease from a year earlier, with the FY2025 full-year figure at 20.92%, down 491.0% from the prior year.
  • Gross Margin was 17.53% for Q2 2026 at Liberty Energy, 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 15.48% in Q1 2022.
  • Average Gross Margin over 5 years is 24.01%, with a median of 25.24% recorded in 2022.
  • The sharpest annual moves came in 2022 and 2025: Gross Margin surged 2024 bps in 2022, then sank 745 bps in 2025.
  • Over 5 years, Gross Margin stood at 27.31% in 2022, then increased by 1 bps to 27.69% in 2023, then dropped by 23 bps to 21.39% in 2024, then dropped by 4 bps to 20.61% in 2025, then dropped by 15 bps to 17.53% in 2026.
  • The last three Gross Margin figures came in at 17.53% (Q2 2026), 17.37% (Q1 2026), and 20.61% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Slb 82.96 Bn 78.89 Bn 4.63 Bn 51.63%
2 Baker Hughes 58.89 Bn 43.16 Bn 1.58 Bn 23.46%
3 Halliburton 30.15 Bn 28.11 Bn 2.10 Bn 36.80%
4 Weatherford International 6.45 Bn 5.32 Bn 662.00 Mn 59.91%
5 Kodiak Gas Services 6.11 Bn 5.97 Bn 246.76 Mn 63.09%
6 Tidewater 4.57 Bn 3.95 Bn 161.54 Mn 47.19%
7 USA Compression Partners 4.02 Bn 4.01 Bn 217.36 Mn 63.53%
8 Liberty Energy 3.44 Bn 2.89 Bn 208.34 Mn 17.53%
9 National Energy Services Reunited 3.39 Bn 3.21 Bn 81.29 Mn 15.61%
10 Select Water Solutions 2.80 Bn 2.77 Bn 76.84 Mn 19.41%
Historic Data

Historic Data

Download Data
DateValue
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 27.07%
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%