10-Q quarterly report · filed Apr 23, 2026

Liberty Energy Inc. (LBRT) Q1 2026 10-Q Quarterly Report

Short answer

Liberty Energy Inc. (LBRT) filed its Q1 2026 10-Q quarterly report on Apr 23, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $1.0B (up 4.5% year over year) with net income of $23M.

Q1 2026 key financials · XBRL

Revenue
$1.0B
+4.5% YoY
Net income
$23M
+12.2% YoY
Operating margin
2.2%
EPS (diluted)
$0.14
+16.7% YoY

Source: XBRL data from the Liberty Energy Inc. (LBRT) Q1 2026 10-Q on SEC EDGAR. USD.

Liberty Energy Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • WTI averaged $72.74/Bbl vs $71.78/Bbl YoY; Henry Hub averaged $4.71/MMBtu vs $4.14/MMBtu
  • U.S. and Canada rig count averaged 741 vs 788 YoY
  • Convertible notes issued: $770 million due 2031 and $525 million due 2032
  • Net proceeds totaled $746 million and $511.3 million, respectively
  • Near-term outlook: higher oil prices expected to support E&P economics, with flattish frac activity expectations and rising distributed-power demand

Risk Factors

  • No new risk factors identified beyond the Annual Report
  • No material changes to previously disclosed risks during the quarter
  • Regulatory exposure: Mine Safety and Health Administration oversight under the Federal Mine Safety and Health Act
  • Financial risk: 0.00% convertible senior notes due 2031 and 2032 disclosed during the quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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