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Liberty Energy (LBRT) Operating Expenses (2017 - 2026)

Liberty Energy has reported Operating Expenses over the past 10 years, most recently at $998.9 million for Q1 2026.

  • For Q1 2026, Operating Expenses rose 4.13% year-over-year to $998.9 million; the TTM value through Mar 2026 reached $4.0 billion, up 1.16%, while the annual FY2025 figure was $3.9 billion, 0.2% changed from the prior year.
  • Operating Expenses for Q1 2026 was $998.9 million at Liberty Energy, down from $1.0 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.0 billion in Q1 2023 and troughed at $788.9 million in Q1 2022.
  • A 5-year average of $970.5 million and a median of $998.9 million in 2026 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: skyrocketed 45.0% in 2022 and later decreased 7.9% in 2025.
  • Year by year, Operating Expenses stood at $1.0 billion in 2022, then fell by 7.39% to $951.2 million in 2023, then decreased by 3.42% to $918.6 million in 2024, then rose by 10.91% to $1.0 billion in 2025, then dropped by 1.96% to $998.9 million in 2026.
  • Business Quant data shows Operating Expenses for LBRT at $998.9 million in Q1 2026, $1.0 billion in Q4 2025, and $949.8 million in Q3 2025.