Liberty Energy Inc.

For the period ended Jun 30, 2026. Filed Jul 23, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Jul 23, 2026

LBRT$12.49-3.4%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Balance Sheets

(Dollars in thousands, except share data)

	June 30, 2026	December 31, 2025
Assets
Current assets:
Cash and cash equivalents	$555,359	$27,554
Accounts receivable—trade, net of allowances for credit losses of $886 and $886, respectively	515,688	351,717
Unbilled revenue	253,779	253,653
Inventories	185,368	188,125
Prepaid and other current assets	56,482	56,921
Total current assets	1,566,676	877,970
Property and equipment, net	2,263,112	2,054,185
Finance lease right-of-use assets	319,913	342,469
Operating lease right-of-use assets	57,584	64,983
Investments	191,330	123,888
Other assets	89,481	94,810
Total assets	$4,488,096	$3,558,305
Liabilities and Equity
Current liabilities:
Accounts payable including amounts due to related parties of $— and $—, respectively	$417,263	$358,623
Accrued liabilities	256,914	232,147
Current portion of payable pursuant to tax receivable agreements	—	7,888
Current portion of long-term debt	11,906	5,097
Current portion of finance lease liabilities	83,046	94,202
Current portion of operating lease liabilities	19,613	22,396
Total current liabilities	788,742	720,353
Long-term debt, net of current portion and deferred financing costs of $35,410 and $73, respectively	1,279,941	241,510
Deferred tax liability	170,194	195,602
Payable pursuant to tax receivable agreements	66,870	66,870
Noncurrent portion of finance lease liabilities	181,168	213,296
Noncurrent portion of operating lease liabilities	37,427	41,785
Total liabilities	2,524,342	1,479,416
Commitments & contingencies (Note 14)
Stockholders’ equity:
Preferred Stock, $0.01 par value, 10,000 shares authorized and none issued and outstanding	—	—
Common Stock:
Class A, $0.01 par value, 400,000,000 shares authorized and 163,191,416 issued and outstanding as of June 30, 2026 and 161,979,222 issued and outstanding as of December 31, 2025	1,632	1,620
Class B, $0.01 par value, 400,000,000 shares authorized and none issued and outstanding	—	—
Additional paid in capital	832,973	978,384
Retained earnings	1,148,516	1,112,747
Accumulated other comprehensive loss	(19,367)	(13,862)
Total stockholders’ equity	1,963,754	2,078,889
Total liabilities and equity	$4,488,096	$3,558,305

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.