AI brief of an SEC Form 8-K · Liberty Energy (LBRT)

Liberty Energy Q2 profit falls to $71 million; adjusted EBITDA down 34% from a year ago

Negative Impact 3 of 5 earnings Written later

Liberty Energy reported second quarter 2025 revenue of $1.0 billion, down 10% from a year earlier but up 7% from the first quarter. Net income was $71 million, or $0.43 per diluted share, compared with $108 million, or $0.64, in the second quarter of 2024. The company said completions activity is expected to gradually slow in the second half of 2025 and that it plans to modestly reduce its deployed fleet count.

Key points

  • Revenue was $1.0 billion, down 10% year over year and up 7% sequentially from $977 million in the first quarter of 2025.
  • Net income was $71 million ($0.43 per diluted share) versus $108 million ($0.64) a year earlier; adjusted net income per diluted share was $0.12 versus $0.61.
  • Adjusted EBITDA was $181 million, down 34% from $273 million a year earlier and up 8% from $168 million in the first quarter.
  • The company expects completions activity to gradually slow in the second half of 2025, and it plans to modestly reduce its deployed fleet count. The quarterly dividend is $0.08 per share, payable September 18, 2025.

The filing

CompanyLiberty Energy (LBRT)
Form8-K, current report
Filed with the SECJul 24, 2025, 6:13 PM ET
Accession number0001694028-25-000096

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:54 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.