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

Liberty Energy's Gross Margin history runs 10 years deep, the most recent figure standing at 17.37% for Q1 2026.

• In Q1 2026, Gross Margin fell 471.0% year-over-year to 17.37%; the TTM figure through Mar 2026 stood at 19.74% (down 491.0% YoY), while the FY2025 annual figure was 20.92%, down 491.0% from the prior year.
• Gross Margin was 17.37% for Q1 2026 at Liberty Energy, down from 20.61% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 30.25% in Q2 2023 to a low of 6951.17% in Q1 2024.
• Historically, Gross Margin has averaged 386.09% across 5 years, with a median of 24.28% in 2022.
• The sharpest annual moves came in 2024 and 2025: Gross Margin tumbled 698078 bps in 2024, then surged 697325 bps in 2025.
• A 5-year view of Gross Margin shows it stood at 27.31% in 2022, then grew by 1 bps to 27.69% in 2023, then slipped by 23 bps to 21.39% in 2024, then slipped by 4 bps to 20.61% in 2025, then retreated by 16 bps to 17.37% in 2026.
• The last three Gross Margin figures came in at 17.37% (Q1 2026), 20.61% (Q4 2025), and 18.75% (Q3 2025), per Business Quant data.