---
schema_version: "secwatch.filing_event.v1"
accession: "0001694028-23-000003"
form_type: "8-K"
ticker: "LBRT"
cik: "0001694028"
company_name: "Liberty Energy Inc."
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:17:29.766928+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Liberty Energy posts record FY2022 earnings, revenue $4.1B, net income $400M, expands buyback to $500M

## Summary
- Full-year 2022 revenue $4.1B (+68% YoY), net income $400M vs loss of $187M in 2021, diluted EPS $2.11.
- Q4 2022 revenue $1.2B (+3% QoQ), net income $153M ($0.82 EPS), Adj EBITDA $295M (+7% QoQ).
- Board increased share repurchase authorization to $500M, with $375M remaining; repurchased 4.4% of shares at avg $15.29 in H2 2022.
- Declared Q1 2023 cash dividend of $0.05/share, payable March 20, 2023 to holders of record March 6.
- Amended ABL facility, increased commitments by $100M to $525M; retired $105M term loan due 2024.

## SEC filing metadata
- accession: 0001694028-23-000003
- form_type: 8-K
- ticker: LBRT
- cik: 0001694028
- company_name: Liberty Energy Inc.
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1694028/000169402823000003/0001694028-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1694028/000169402823000003/lbrt-20230125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001694028-23-000003
- JSON: https://secwatch.observer/filing/0001694028-23-000003.json
- Plain text: https://secwatch.observer/filing/0001694028-23-000003.txt

## Key facts
- Earnings Releases
  Liberty Energy Inc. reported full year ended December 31, 2022 results: revenue $4.1 billion, net income $400 million, EPS $2.11 fully diluted earnings per share.
  - Period: full year ended December 31, 2022
  - Revenue: $4.1 billion
  - Net income: $400 million
  - EPS: $2.11 fully diluted earnings per share
  - Result: reported results
  source text: Revenue of $4.1 billion, a 68% increase over the prior year, and net income 1 of $400 million, or $2.11 fully diluted earnings per share, for the year ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1694028/000169402823000003/0001694028-23-000003-index.htm
- Earnings Releases
  Liberty Energy Inc. reported quarter ended December 31, 2022 results: revenue $1.2 billion, net income $153 million, EPS $0.82 fully diluted earnings per share.
  - Period: quarter ended December 31, 2022
  - Revenue: $1.2 billion
  - Net income: $153 million
  - EPS: $0.82 fully diluted earnings per share
  - Result: reported results
  source text: Fourth quarter revenue of $1.2 billion, a 3% sequential increase, and net income 1 of $153 million, or $0.82 fully diluted earnings per share, for the quarter ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1694028/000169402823000003/0001694028-23-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.