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

Liberty Energy Q3 revenue falls 17% to $947 million; adjusted EBITDA down 48%

Negative Impact 3 of 5 earnings Written later

Liberty Energy reported third-quarter 2025 revenue of $947 million, down 17% from a year earlier, and net income of $43 million, or $0.26 per diluted share. Adjusted EBITDA fell to $128 million and adjusted net loss was $10 million, or $(0.06) per share, and management said it anticipates market headwinds to persist in the near term. The company also raised its quarterly dividend 13% to $0.09 per share.

Key points

  • Revenue of $947 million, down 9% from $1.0 billion in Q2 2025 and down 17% from $1.1 billion in Q3 2024
  • Net income of $43 million ($0.26 diluted EPS) includes a $68 million gain on investments; Q3 2024 diluted EPS was $0.44
  • Adjusted net loss of $10 million, or $(0.06) per diluted share, compared with adjusted net income of $76 million in Q3 2024
  • Quarterly dividend raised 13% to $0.09 per share, payable December 18, 2025 to holders of record as of December 4, 2025

The filing

CompanyLiberty Energy (LBRT)
Form8-K, current report
Filed with the SECOct 16, 2025, 5:38 PM ET
Accession number0001694028-25-000110

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, 1:55 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 October 16, 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.