Liberty Energy (LBRT) Operating Income (2017 - 2026)
Liberty Energy (LBRT) recorded Operating Income of $19.3 million in Q3 2026, compared with -$2.42 million a year earlier and up 51.8% from the prior quarter.
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Analysis
Liberty Energy (LBRT) Operating Income (2017 - 2026) Analysis & Trends
On a TTM basis, Liberty Energy's Operating Income came in at $74.18 million as of Sep 30, 2026, down 4.6% year-over-year; for FY2025, it was $72.71 million, down 81.3% from FY2024.
- Across earlier years, Operating Income came in at $389.47 million in FY2024 (-48.8%), $760.58 million in FY2023 (+53.4%), $495.89 million in FY2022 and -$181.22 million in FY2021.
- Quarterly Operating Income has ranged from -$63.44 million in Q4 2021 to $225.12 million in Q1 2023 over the past five years.
- On a year-over-year basis, Operating Income rose in 1 of the last six quarters, with an average decline of 50.2%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 86.7% in Q2 2023, against a decline of 84.3% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $12.72 million (Q2 2026), $22.28 million (Q1 2026) and $19.88 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.67 Bn | 71.28 Bn | 1.57 Bn | 1.14 Bn |
| 2 | Baker Hughes | 47.44 Bn | 9.59 Bn | 1.96 Bn | 1.50 Bn |
| 3 | Halliburton | 26.34 Bn | 18.29 Bn | 840.00 Mn | 624.00 Mn |
| 4 | TechnipFMC | 25.18 Bn | 21.15 Bn | 728.70 Mn | 526.60 Mn |
| 5 | Noble | 6.56 Bn | 4.64 Bn | 228.22 Mn | 60.08 Mn |
| 6 | Nov | 6.31 Bn | 1.25 Bn | 439.00 Mn | 142.00 Mn |
| 7 | Weatherford International | 6.11 Bn | 1.89 Bn | 374.00 Mn | 153.00 Mn |
| 8 | Transocean | 5.79 Bn | 3.83 Bn | 348.00 Mn | 143.00 Mn |
| 9 | Valaris | 5.48 Bn | 3.23 Bn | 176.30 Mn | 81.30 Mn |
| 10 | Liberty Energy | 2.04 Bn | 638.74 Mn | 201.11 Mn | 19.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.30 Mn |
| Jun 30, 2026 | 12.72 Mn |
| Mar 31, 2026 | 22.28 Mn |
| Dec 31, 2025 | 19.88 Mn |
| Sep 30, 2025 | -2.42 Mn |
| Jun 30, 2025 | 37.07 Mn |
| Mar 31, 2025 | 18.17 Mn |
| Dec 31, 2024 | 24.92 Mn |
| Sep 30, 2024 | 107.28 Mn |
| Jun 30, 2024 | 141.83 Mn |
| Mar 31, 2024 | 115.43 Mn |
| Dec 31, 2023 | 123.75 Mn |
| Sep 30, 2023 | 205.23 Mn |
| Jun 30, 2023 | 206.48 Mn |
| Mar 31, 2023 | 225.12 Mn |
| Dec 31, 2022 | 198.46 Mn |
| Sep 30, 2022 | 182.98 Mn |
| Jun 30, 2022 | 110.60 Mn |
| Mar 31, 2022 | 3.84 Mn |
| Dec 31, 2021 | -63.44 Mn |
API Access
Liberty Energy Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=LBRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "LBRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=LBRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();