Liberty Energy Inc. (LBRT) Form 10-Q — Apr 23, 2026
Liberty Energy reported revenue of $1.02 billion for the first quarter of 2026, a 4% increase from the prior year, with net income rising 12% to $22.6 million. The company significantly strengthened its balance sheet by issuing $770 million in 2031 convertible notes and $525 million in 2032 convertible notes, resulting in a cash position of $699.1 million. Despite the top-line growth, Adjusted EBITDA decreased 25% to $125.9 million due to higher service costs and materials pricing. The company maintained its quarterly dividend at $0.09 per share and used a portion of the debt proceeds to fully repay outstanding borrowings on its revolving credit facility.
Key figures
- Eps
- 0.14
- 2031 Convertible Notes Principal
- 770000000
- 2032 Convertible Notes Principal
- 525000000
Price after filing
Close on the filing date to close N calendar days later (from $32.32). Historical, not a forecast.
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