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

Liberty Energy 2025 revenue falls 7% to $4.0 billion; net income drops to $148 million

Negative Impact 3 of 5 earnings Written later

Liberty Energy reported fourth quarter and full year 2025 results in an 8-K filed January 28, 2026. For the full year, revenue, net income, and Adjusted EBITDA all declined from 2024, and the company said first quarter 2026 revenue and Adjusted EBITDA are expected to be lower than fourth quarter levels because of pricing headwinds and winter weather. The company also declared a $0.09 quarterly dividend, and it highlighted a 1 GW power development agreement with Vantage Data Centers.

Key points

  • Full year 2025 revenue was $4.0 billion, down 7% from $4.3 billion in 2024; net income was $148 million ($0.89 diluted EPS) versus $316 million ($1.87) in 2024.
  • Full year 2025 Adjusted EBITDA was $634 million, down 31% from $922 million in 2024.
  • Fourth quarter 2025 revenue was $1.0 billion, up 10% from the third quarter, but fourth quarter net income was $14 million ($0.08 per share) versus $52 million in the fourth quarter of 2024.
  • Management expects first quarter 2026 revenue and Adjusted EBITDA to decline sequentially; the Board declared a $0.09 dividend payable March 18, 2026.

The filing

CompanyLiberty Energy (LBRT)
Form8-K, current report
Filed with the SECJan 28, 2026, 6:03 PM ET
Accession number0001694028-26-000003

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 January 28, 2026.

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.