Liberty Energy Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $43.1M | $22.6M | $43.1M | $71.0M | $20.1M | $73.8M | $108.4M | $81.9M |
| Depreciation & Amortization | $114.2M | $114.1M | $123.0M | $129.4M | $127.7M | $126.4M | $123.3M | $123.2M |
| Depreciation | $99.7M | $99.5M | $104.6M | $111.8M | $110.9M | $111.3M | $110.0M | $110.9M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | $8.0M | — | — | $18.1M | — | — | $7.3M |
| Net Cash from Operating Activities | $133.0M | $8.4M | $51.5M | $170.6M | $192.1M | $244.5M | $248.2M | $159.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $223.9M | $157.0M | $118.7M | $137.5M | $133.9M | $166.6M | $136.0M | $145.0M |
| Business Acquisitions | — | $0 | — | — | $15.2M | — | — | $0 |
| Net Cash from Investing Activities | — | $-137.3M | — | — | $-106.2M | — | — | $-142.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | $14.6M | — | — | $13.2M | — | — | $11.6M |
| Stock Repurchases | — | $0 | — | — | $24.0M | — | — | $30.2M |
| Net Cash from Financing Activities | — | $800.6M | — | — | $-81.8M | — | — | $-30.2M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $-90.8M | $-148.6M | $-67.2M | $33.1M | $58.2M | $77.9M | $112.2M | $14.4M |