Liberty Energy Inc. reported second-quarter 2026 results with revenue rising to $1.19B while net income declined to $43.12M and diluted EPS fell to $0.26 versus the year-ago quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$1.19B$1.04B14% | Net income²$43.12M$71.02M(39.3%) | Diluted EPS³$0.26$0.43(39.5%) |
¹ Reported as “Total revenue”. ² Reported as “Net income”. ³ Reported as “Diluted income per common share”.
Business Highlights
- Revenue growth was driven by higher activity and improved fleet utilization, with consolidated Q2 revenue of $1.19B and YTD revenue of about $2.21B (+9% YTD).
- The company expanded its distributed power (LPI) services and integrated solutions alongside core completions and proppant logistics.
- Operational scaling included growth to roughly 40 active hydraulic fracturing fleets and increased procurement of equipment and power supply to support future projects.
- New technology and emissions initiatives highlighted during the quarter included the launch of digiFleets, deployment of dual-fuel DGB fleets, the Liberty Quiet Fleet®, wet sand handling improvements and analytics to boost productivity and lower emissions.
Original SEC Filing:
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