Liberty Energy Q2 Revenue Reaches $1.2B, Launches Data Center JV and SLB Alliance
LBRT has more than doubled off its 52-week low of $9.9.
Summary
Liberty Energy reported Q2 2026 revenue of $1.2 billion and net income of $43 million, while announcing a data center joint venture with PowerBridge and a strategic alliance with SLB to expand its power generation business.
Key Events · Earnings and Guidance · LBRT
-
Q2 Revenue and Earnings Beat
Revenue of $1.2 billion increased 14% year-over-year, with net income of $43 million ($0.26 per diluted share) and Adjusted EBITDA of $151 million.
-
Data Center Joint Venture with PowerBridge
Formed a JV to develop gigawatt-scale powered data center campuses, starting with a 2 GW campus in West Texas and an initial deployment of over 300 MW targeted for late 2027.
-
Strategic Alliance with SLB
Announced an alliance to deliver modular infrastructure and integrated power generation solutions for global data center projects, combining Liberty's power solutions with SLB's modular capabilities.
-
Power Generation Equipment Secured
Secured additional long-term equipment purchases with Bergen Engines, Wärtsilä, and other OEMs, supporting the power generation roadmap through 2030.
Analysis · LBRT · Energy & Transportation
A strong second quarter saw revenue climb 14% year-over-year to $1.2 billion, with net income of $43 million. The period was defined by decisive moves into digital infrastructure: a joint venture with PowerBridge to develop gigawatt-scale data center campuses, and an alliance with SLB to deliver integrated power solutions globally. These initiatives, together with new equipment orders and market entries, position the company to capture AI-driven power demand. The balance sheet remains solid, with $555 million in cash and $1.0 billion in liquidity, supporting growth investments.
At the time of this filing, LBRT was trading at $24.89 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $4.1B. The 52-week trading range was $9.90 to $34.48. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.