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

Liberty Energy's Operating Expenses history runs 10 years deep, the most recent figure standing at $998.9 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 4.13% year-over-year to $998.9 million; the TTM figure through Mar 2026 stood at $4.0 billion (up 1.16% YoY), while the FY2025 annual figure was $3.9 billion, changed 0.2% from the prior year.
• Operating Expenses was $998.9 million for Q1 2026 at Liberty Energy, down from $1.0 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $1.0 billion in Q1 2023 to a low of $788.9 million in Q1 2022.
• Historically, Operating Expenses has averaged $970.5 million across 5 years, with a median of $998.9 million in 2026.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses jumped 45.0% in 2022, then declined 7.9% in 2025.
• A 5-year view of Operating Expenses shows it stood at $1.0 billion in 2022, then dropped by 7.39% to $951.2 million in 2023, then fell by 3.42% to $918.6 million in 2024, then grew by 10.91% to $1.0 billion in 2025, then declined by 1.96% to $998.9 million in 2026.
• The last three Operating Expenses figures came in at $998.9 million (Q1 2026), $1.0 billion (Q4 2025), and $949.8 million (Q3 2025), per Business Quant data.