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Get filing alertsLiberty Energy posts Q3 revenue of $1.2B, net loss of $39M, and 1.2 GW AI data center power deal
Filed October 21, 2026 · Period ending October 21, 2026 · ~1 min read
Key Changes
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Revenue rose 26% year-over-year to $1.2 billion, with a 1% sequential increase from Q2 2026.
Exhibit 99.1 view on EDGAR → -
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GAAP net loss was $39 million, or $(0.24) per diluted share, versus net income of $43 million a year earlier; adjusted net income was $10 million, or $0.06 per share.
Exhibit 99.1 view on EDGAR → -
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Adjusted EBITDA was $142 million, up 11% year-over-year but down 6% sequentially.
Exhibit 99.1 view on EDGAR → -
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Liberty Power Innovations signed a strategic development agreement to deliver 1.2 GW of integrated power services at data center campuses, targeting a first ~500 MW energy service agreement by December 2026.
Exhibit 99.1 view on EDGAR → -
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Quarterly cash dividend increased 11% to $0.10 per share, payable December 18, 2026 to holders of record December 4, 2026.
Exhibit 99.1 view on EDGAR →
Summary
Liberty Energy reported third quarter 2026 results showing strong revenue growth but a swing to a GAAP net loss. Revenue of $1.2 billion was up 26% from the prior year, driven by continued demand for its services. However, the company posted a net loss of $39 million, or $(0.24) per diluted share, compared to net income of $43 million in the same quarter last year.
On an adjusted basis, net income was $10 million, or $0.06 per share, and adjusted EBITDA was $142 million, up 11% year-over-year but down 6% sequentially. The company also announced a significant strategic development agreement through its Liberty Power Innovations subsidiary to deliver 1.2 GW of integrated power services at data center campuses for a leading AI lab and infrastructure platform.
The agreement includes a prepayment of capacity fees and targets a first energy service agreement for approximately 500 MW by December 2026, with phased energization from Q4 2027 through Q1 2029. This positions Liberty to participate in the growing power demand from AI data centers. Additionally, the board increased the quarterly cash dividend by 11% to $0.10 per share, signaling confidence in cash generation despite the GAAP loss. The results were furnished in a press release as Exhibit 99.1 to the Form 8-K, and no other material events were disclosed.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
Liberty Energy issued a press release announcing Q3 2026 results, furnished as Exhibit 99.1.
Added in current filing · verify on EDGAR →
On October 21, 2026, Liberty Energy Inc., a Delaware corporation (the “Company”), issued a press release announcing its results for the third quarter ended September 30, 2026.
The Company announced its third quarter 2026 financial results via a press release. The full text of the release is furnished as Exhibit 99.1 to this Form 8-K. No specific financial figures are disclosed in the 8-K body itself.
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Adjusted EBITDA2 of $142 million
Adjusted EBITDA was $142 million for the third quarter of 2026, up 11% from $128 million in the third quarter of 2025 but down 6% from $151 million in the second quarter of 2026.
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Figures/quotes linked to EDGAR · Narrative written by AI · Oct 22, 2026 · How we verify