Filing Flows › Liberty Energy (LBRT) › Q3 2026 › vs Q3 2025
Liberty Energy (LBRT) Q3 2026 vs Q3 2025 (year over year)
Liberty Energy's revenue rose $249M (+26%) from $947M in Q3 2025 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 Q3 2025, the increases inside each band.
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.2B | $947M | $249M | +26% |
| Income tax benefit | $10.4M | −$12.0M | $22.4M | — |
| Net loss | $39.1M | −$43.1M | $82.1M | — |
| Costs & expenses | $1.2B | $1.0B | $241M | +24% |
| Operating costs | $1.2B | $950M | $227M | +24% |
| Interest & other, net | $68.8M | −$57.5M | $126M | — |
| Cost of revenue | $995M | $770M | $225M | +29% |
| General & admin | $69.5M | $58.3M | $11.2M | +19% |
| Other operating costs | $112M | $122M | −$9.4M | -8% |
| Operating cash sources | $262M | $8.4M | $254M | 31× |
| Depreciation & amortization | $114M | $123M | −$9.3M | -8% |
| Share-based compensation | $10.0M | $7.3M | $2.7M | +37% |
| Working capital & other | $138M | −$122M | $260M | — |
| Net loss absorbed | $39.1M | −$43.1M | $82.1M | — |
| Operating cash flow | $223M | $51.5M | $171M | +333% |
| Capital expenditures | $626M | $119M | $507M | +427% |
| Negative free cash flow (OCF − capex) | $403M | $67.2M | $336M | +500% |
Questions
How much did Liberty Energy's revenue grow year over year in Q3 2026?
Liberty Energy's revenue rose $249M (+26%) from $947M in Q3 2025 to $1.2B in Q3 2026.