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Liberty Energy Inc. (LBRT)
NYSE:LBRT
Earnings Data
Report Date
Apr 22, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.14Last Year’s EPS
0.04Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced picture: clear strategic progress and commercial traction in the distributed power business (notable contracts, a 3 GW by-2029 target, technology launches, and efficiency gains) alongside material near-term financial headwinds (full-year revenue and adjusted EBITDA declines, sequential earnings volatility, modest year-end cash balance and increased net debt). Management emphasized long-term growth potential from power projects and technology differentiation but acknowledged that 2026 will see pricing pressure and lower adjusted EBITDA as they invest to scale LPI. The strategic positives are meaningful, but they coexist with significant short-term financial pressures and execution/capital demands.Company Guidance
Strategic Power Contracts and Pipeline Growth
Signed major agreements to deliver distributed power: a framework with Vantage Data Centers anchored by a firm 400 MW reservation for 2027, and a 330 MW reservation for a Texas project (phased online Q4 2027 and Q2 2028). Company plans to deploy ~3 GW of power projects by 2029 and expects delivery of ~500 MW of power generation equipment by 2026.
Fourth Quarter Operational Momentum
Q4 2025 revenue of $1.0B represented a sequential increase of 10%. Q4 adjusted EBITDA rose to $158M from $128M in the prior quarter (+~23%). Adjusted net income swung to $8M in Q4 from a prior-quarter loss of $10M.
Technology, Efficiency and Product Launches
Launched Atlas and Atlas IQ (cloud-based completions data + AI assistant) and deployed AI-driven asset optimization and digiTechnologies, reducing total maintenance cost per unit of work by approximately 14% and improving operational transparency and decision-making.
Strong Capital Allocation and Returns
Returned $77M to shareholders in 2025 via cash dividends and modest buybacks, monetized $151M of investments and invested $15M in acquisitions, while continuing targeted investments in LPI and digiFleets to support growth.
Resilient CROCI and Market Positioning
Reported a resilient cash return on capital invested (CROCI) of 13% in a volatile year and emphasized differentiated market position—ability to scale 100 MW to multi-gigawatt projects, integrated midstream and power-as-a-service offerings (Forte, Tempo, Coras).
Capital Expenditure Program to Support Growth
Net capital expenditures and long-term deposits were $203M in Q4 and $571M for the full year 2025, with 2026 power-related spending expected to include ~$275M–$350M in long-lead deposits and ~$450M–$550M of project-related expenditures (majority to be project-financed).
LBRT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LBRT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 28, 2026 | $21.80 | $25.34 | +16.24% |
Oct 16, 2025 | $11.88 | $15.25 | +28.37% |
Jul 24, 2025 | $12.80 | $12.98 | +1.41% |
Apr 16, 2025 | $11.21 | $11.85 | +5.71% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Liberty Energy Inc. (LBRT) report earnings?
Liberty Energy Inc. (LBRT) is schdueled to report earning on Apr 22, 2026, After Close (Confirmed).
What is Liberty Energy Inc. (LBRT) earnings time?
Liberty Energy Inc. (LBRT) earnings time is at Apr 22, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LBRT EPS forecast?
LBRT EPS forecast for the fiscal quarter 2026 (Q1) is -0.14.