Quarterly ResultApr 23, 2026, 06:06 AM
Liberty Energy Reports Q1 2026 Revenue of $1.0B, EPS $0.14
AI Summary
Liberty Energy Inc. reported its first-quarter 2026 financial and operational results, with revenue reaching $1.0 billion, a 4% year-over-year increase. The company achieved a net income of $23 million, translating to $0.14 fully diluted earnings per share, and an Adjusted EBITDA of $126 million. These results were driven by strong demand for its completions services, operational execution, and technology-driven efficiency gains, despite pricing headwinds and winter weather disruptions. Liberty also distributed $15 million in cash dividends and completed $1.3 billion in convertible senior notes offerings for growth initiatives, while expanding its advanced equipment and power generation technologies.
Key Highlights
- Q1 2026 Revenue: $1.0 billion, up 4% year-over-year.
- Net Income: $23 million; Fully diluted EPS: $0.14.
- Adjusted EBITDA: $126 million.
- Distributed $15 million to shareholders via dividends.
- Completed $1.3 billion convertible senior notes offerings.