Open report — full analysis, no account required.

Sign up to generate reports and read filings that aren't on the open list.

Sign up free

Get notified when LBRT files again. Create a free account and we'll email you the moment its next filing is analyzed.

Get filing alerts
NYSE: LBRT Liberty Energy Inc. 8-K

Liberty Energy reports Q2 2026 results: $1.2B revenue (+14% YoY), announces power JV with PowerBridge

Filed July 23, 2026 · Period ending July 22, 2026 · ~1 min read

5 key changes 3 high relevance 2 sections

Key Changes

  • high

    Q2 2026 revenue of $1.2 billion, up 14% year-over-year; net income of $43 million ($0.26 per diluted share); Adjusted EBITDA of $151 million, down 16% from $181 million in Q2 2025.

  • high

    Announced joint venture with PowerBridge LLC to develop gigawatt-scale powered data center campuses in West Texas, with initial deployment of over 300 MW targeted for late 2027.

  • high

    Formed strategic alliance with SLB to deliver modular infrastructure and integrated power generation solutions for global data center projects, targeting AI and high-performance computing infrastructure.

  • medium

    Established Liberty Wholesale Commodities to participate directly in ERCOT power markets, extending the company's Chorus energy management offering for large-load customers.

  • medium

    Board declared quarterly cash dividend of $0.09 per share of Class A common stock, payable September 18, 2026 to shareholders of record as of September 4, 2026.

Summary

Liberty Energy reported second quarter 2026 results showing revenue growth but margin pressure. Revenue of $1.2 billion rose 14% year-over-year as market conditions improved from early-year cyclical lows, but Adjusted EBITDA fell 16% to $151 million from $181 million in the prior-year quarter, reflecting compressed profitability despite the top-line recovery.

Net income of $43 million translated to $0.26 per diluted share. The company announced two significant strategic moves into the data center power market. Liberty formed a joint venture with PowerBridge LLC to develop gigawatt-scale powered data center campuses in West Texas, with an initial deployment of over 300 MW targeted for late 2027.

Separately, Liberty formed a strategic alliance with SLB to combine Liberty's integrated power solutions with SLB's modular infrastructure capabilities and global reach, targeting AI and high-performance computing infrastructure buildout. These initiatives expand Liberty's participation beyond its core oilfield services business into digital infrastructure and large-load power markets. Liberty also established Liberty Wholesale Commodities to participate directly in ERCOT power markets, extending the company's Chorus energy management offering. The Board maintained the quarterly dividend at $0.09 per share.

Section-by-Section Diff

Event · Item 2.02 — Results of Operations and Financial Condition

~100 words

Liberty Energy announced Q2 2026 financial results via press release.

1 Added
Added Q2 2026 earnings announcement high

Added in current filing · verify on EDGAR →

On July 22, 2026, Liberty Energy Inc., a Delaware corporation (the “Company”), issued a press release announcing its results for the second quarter ended June 30, 2026.

Liberty Energy disclosed its second quarter 2026 financial results through a press release. The 8-K body itself does not contain the actual financial figures; those appear in the attached Exhibit 99.1 press release.

Event · Exhibit 99.1

3 Added
Added PowerBridge joint venture high

Added in current filing · view on EDGAR →

Announced a joint venture (“JV”) with PowerBridge LLC (“PowerBridge”) to support their planned portfolio of gigawatt scale powered data center campuses, including an initial deployment of over 300 MW targeted for late 2027

Liberty announced a joint venture with PowerBridge LLC to develop gigawatt-scale powered data center campuses in West Texas, combining PowerBridge's campus development platform with Liberty Power Innovations' integrated power generation and energy management capabilities. The initial deployment targets over 300 MW for late 2027, expanding Liberty's participation in digital infrastructure and large-load power markets.

Added SLB strategic alliance high

Added in current filing · view on EDGAR →

Announced a strategic alliance with SLB to deliver modular infrastructure and integrated power generation solutions for global data center projects and to advance related technology initiatives

Liberty formed a strategic alliance with SLB to combine Liberty's integrated power solutions with SLB's modular infrastructure capabilities and global market presence. The collaboration aims to deliver scalable power and electrical infrastructure solutions for data centers, both inside and outside facility walls, targeting AI and high-performance computing infrastructure buildout.

Added Liberty Wholesale Commodities formation medium

Added in current filing · view on EDGAR →

Established Liberty Wholesale Commodities (“LWC”), extending Liberty’s ChorusSM offering through direct participation in ERCOT power markets

Liberty established Liberty Wholesale Commodities to participate directly in ERCOT power markets, extending the company's Chorus energy management offering. The new entity enables Liberty to integrate on-site generation with both ERCOT and PJM market participation for large-load customers, positioning the company to leverage favorable grid attributes while providing grid resilience.

Was this report useful?

Figures/quotes linked to EDGAR · Narrative written by AI · Jul 27, 2026 · How we verify