Filing Flows › Liberty Energy (LBRT) › Q3 2026 › vs Q2 2026
Liberty Energy (LBRT) Q3 2026 vs Q2 2026 (quarter over quarter)
Liberty Energy's revenue rose $7.6M (+0.6%) from $1.2B in Q2 2026 to $1.2B in Q3 2026.
Liberty Energy, Q3 2026: revenue $1.2B (+26% year over year), operating margin 1.6%, net loss $39.1M, operating cash flow $223M. The chart draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $7.6M | +0.6% |
| Income tax benefit | $10.4M | −$9.2M | $19.6M | — |
| Net loss | $39.1M | −$43.1M | $82.2M | — |
| Costs & expenses | $1.2B | $1.2B | $17.5M | +1% |
| Operating costs | $1.2B | $1.2B | $972K | +0.1% |
| Interest & other, net | $68.8M | −$39.6M | $108M | — |
| Cost of revenue | $995M | $980M | $14.8M | +2% |
| General & admin | $69.5M | $67.2M | $2.3M | +3% |
| Other operating costs | $112M | $128M | −$16.1M | -13% |
| Operating cash sources | $262M | $89.9M | $172M | +191% |
| Depreciation & amortization | $114M | $114M | −$509K | -0.4% |
| Share-based compensation | $10.0M | $10.0M | $29K | +0.3% |
| Working capital & other | $138M | −$34.3M | $172M | — |
| Net loss absorbed | $39.1M | −$43.1M | $82.2M | — |
| Operating cash flow | $223M | $133M | $89.8M | +68% |
| Capital expenditures | $626M | $224M | $402M | +180% |
| Negative free cash flow (OCF − capex) | $403M | $90.8M | $312M | +344% |
Questions
How much did Liberty Energy's revenue grow quarter over quarter in Q3 2026?
Liberty Energy's revenue rose $7.6M (+0.6%) from $1.2B in Q2 2026 to $1.2B in Q3 2026.