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Liberty Energy (LBRT) Operating Expenses (2017 - 2025)

Liberty Energy has reported Operating Expenses over the past 9 years, most recently at $1.0 billion for Q4 2025.

  • Quarterly results put Operating Expenses at $1.0 billion for Q4 2025, up 10.91% from a year ago — trailing twelve months through Dec 2025 was $3.9 billion (changed 0.2% YoY), and the annual figure for FY2025 was $3.9 billion, changed 0.2%.
  • Operating Expenses for Q4 2025 was $1.0 billion at Liberty Energy, up from $949.8 million in the prior quarter.
  • Over the last five years, Operating Expenses for LBRT hit a ceiling of $1.0 billion in Q1 2023 and a floor of $594.3 million in Q1 2021.
  • Median Operating Expenses over the past 5 years was $958.5 million (2024), compared with a mean of $907.6 million.
  • Biggest five-year swings in Operating Expenses: surged 281.27% in 2021 and later dropped 7.9% in 2025.
  • Liberty Energy's Operating Expenses stood at $747.2 million in 2021, then soared by 37.47% to $1.0 billion in 2022, then decreased by 7.39% to $951.2 million in 2023, then dropped by 3.42% to $918.6 million in 2024, then increased by 10.91% to $1.0 billion in 2025.
  • The last three reported values for Operating Expenses were $1.0 billion (Q4 2025), $949.8 million (Q3 2025), and $1.0 billion (Q2 2025) per Business Quant data.