Growth Metrics

Liberty Energy (LBRT) Gross Margin (2017 - 2025)

Liberty Energy has reported Gross Margin over the past 9 years, most recently at 20.61% for Q4 2025.

  • Quarterly results put Gross Margin at 20.61% for Q4 2025, down 78.0% from a year ago — trailing twelve months through Dec 2025 was 20.92% (up 1930.0% YoY), and the annual figure for FY2025 was 20.92%, down 491.0%.
  • Gross Margin for Q4 2025 was 20.61% at Liberty Energy, up from 18.75% in the prior quarter.
  • Over the last five years, Gross Margin for LBRT hit a ceiling of 30.25% in Q2 2023 and a floor of 6951.17% in Q1 2024.
  • Median Gross Margin over the past 5 years was 22.09% (2025), compared with a mean of 327.31%.
  • Biggest five-year swings in Gross Margin: plummeted -698078bps in 2024 and later skyrocketed 697325bps in 2025.
  • Liberty Energy's Gross Margin stood at 8.18% in 2021, then soared by 234bps to 27.31% in 2022, then increased by 1bps to 27.69% in 2023, then dropped by -23bps to 21.39% in 2024, then dropped by -4bps to 20.61% in 2025.
  • The last three reported values for Gross Margin were 20.61% (Q4 2025), 18.75% (Q3 2025), and 22.1% (Q2 2025) per Business Quant data.