← Liberty Energy Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.5b | $2.2b | $2.0b | $965.8m | $2.5b | $4.1b | $4.7b | $4.3b | $4.0b | |
| Revenue from Contract with Customer, Including Assessed Tax | $1.5b | $2.1b | $2.0b | $965.8m | $2.4b | $4.0b | — | — | — | |
| Cost of Revenue | $1.1b | $1.6b | $1.6b | $858.0m | $2.2b | $3.1b | $3.3b | $3.2b | $3.2b | |
| Gross Profit (Calculated) | $342.8m | $526.4m | $369.2m | $107.8m | $220.9m | $1.0b | $1.4b | $1.1b | $838.0m | |
| Operating expenses: | ||||||||||
| Operating Income (Loss) | $181.1m | $306.6m | $103.6m | ($177.0m) | ($181.2m) | $495.9m | $760.6m | $389.5m | $72.7m | |
| Additional Financial Items | ||||||||||
| Gain (Loss) on Investments | — | — | — | — | — | $2.5m | $0 | — | $162.6m | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | ($191.8m) | $375.8m | $668.3m | $356.3m | $202.3m | |
| Interest Income, Other | — | — | $983k | $297k | $2k | — | $2.0m | $478k | $0 | |
| Operating Lease, Lease Income | — | — | — | — | $3.2m | $25.5m | $36.6m | $39.0m | $46.1m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | ($177.8m) | $399.5m | $734.9m | $403.3m | $195.2m | |
| Net Income (Loss) Attributable to Parent | $0 | $126.3m | $39.0m | ($115.6m) | ($179.2m) | $399.6m | $556.3m | $316.0m | $147.9m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $0 | $114.0m | $35.9m | ($45.1m) | ($7.8m) | $700k | $91k | $0 | $0 | |
| Earnings Per Share, Basic | — | $1.84 | $0.54 | ($1.36) | ($1.03) | $2.17 | $3.24 | $1.91 | $0.91 | |
| Earnings Per Share, Diluted | — | $1.81 | $0.53 | ($1.36) | ($1.03) | $2.11 | $3.15 | $1.87 | $0.89 | |
| Common Stock, Dividends, Per Share, Declared | — | $1.84 | $0.20 | $0.05 | ($1.03) | $0.05 | $0.22 | $0.29 | $0.33 | |
| Weighted Average Number of Shares Outstanding, Basic | — | 68.8m | 72.3m | 85.2m | 174.0m | 184.3m | 171.8m | 165.0m | 161.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | 117.8m | 105.3m | 85.2m | 174.0m | 189.3m | 176.4m | 169.4m | 165.4m | |
| General and Administrative Expense | $80.1m | $99.1m | $97.6m | $84.1m | $123.4m | $180.0m | $221.4m | $225.5m | $247.4m | |
| Operating Lease, Expense | — | — | $40.9m | $40.9m | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | $13.8m | $122.5m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | $32.7m | $40.3m | |
| Current Income Tax Expense (Benefit) | $0 | $19.9m | ($9.4m) | ($5.3m) | $4.1m | $11.7m | $58.2m | $53.4m | ($7.5m) | |
| Interest Expense | $12.6m | $17.1m | $14.7m | $14.5m | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $0 | $40.4m | $14.1m | ($30.9m) | $9.2m | ($793k) | $178.5m | $87.3m | $47.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.