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Liberty Energy posted $977 million in revenue and $20 million in net income for Q1 2025, marking a sequential improvement in fleet utilization and efficiency, while continuing to return capital to shareholders.
Revenue grew to $977 million, a 4% sequential increase.
Net income reached $20 million, down from $82 million YoY.
Adjusted EBITDA was $168 million, up 8% sequentially.
Expanded power services via acquisition of IMG Energy Solutions.
Liberty expects sequential growth in Q2 2025 from higher fleet utilization, while remaining cautious about oil market volatility and global economic uncertainty.