---
schema_version: "secwatch.filing_event.v1"
accession: "0001694028-23-000014"
form_type: "8-K"
ticker: "LBRT"
cik: "0001694028"
company_name: "Liberty Energy Inc."
filed_at: "2023-04-19T23:59:59+00:00"
generated_at: "2026-06-16T23:42:55.275935+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Liberty Energy Q1 revenue $1.3B (+59% YoY), EPS $0.90; repurchases 2.9% of shares

## Summary
- Revenue $1.3B, net income $163M, adjusted EBITDA $330M (up 259% YoY).
- Repurchased 5.17M shares ($75M); cumulative 7.1% since program restart in July 2022.
- Declared $0.05/share quarterly dividend, payable June 20, 2023.
- Launched Liberty Power Innovations and acquired Siren Energy for Permian expansion.
- Deployed first digiFleet electric pumps; achieved 1,291 pumping minutes in a day.

## SEC filing metadata
- accession: 0001694028-23-000014
- form_type: 8-K
- ticker: LBRT
- cik: 0001694028
- company_name: Liberty Energy Inc.
- filed_at: 2023-04-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1694028/000169402823000014/0001694028-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1694028/000169402823000014/lbrt-20230418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001694028-23-000014
- JSON: https://secwatch.observer/filing/0001694028-23-000014.json
- Plain text: https://secwatch.observer/filing/0001694028-23-000014.txt

## Key facts
- Earnings Releases
  Liberty Energy Inc. reported the first quarter ended March 31, 2023 results: revenue $1.3 billion, net income $163 million, EPS $0.90 fully diluted earnings per share.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $1.3 billion
  - Net income: $163 million
  - EPS: $0.90 fully diluted earnings per share
  - Result: reported results
  source text: - Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today first quarter 2023 financial and operational results. Summary Results and Highlights • Revenue of $1.3 billion, a 59% increase over the prior year, and net income 1 of $163 million, or $0.90 fully diluted earnings per share • Adjusted EBITDA 2 of $330 million • Delivered strong first
  evidence_url: https://www.sec.gov/Archives/edgar/data/1694028/000169402823000014/0001694028-23-000014-index.htm
- Shareholder Votes
  Liberty Energy Inc. shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2023 at the 2023-04-18 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-04-18
  source text: Proposal 3: Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2023. Voting results with respect to the ratification of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2023 were as follows: For Against Abstentions Broker Non-Votes 152,776,524 49,647 75,582 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1694028/000169402823000014/0001694028-23-000014-index.htm
- Shareholder Votes
  Liberty Energy Inc. shareholders approved Election of three Class I directors at the 2023-04-18 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-04-18
  source text: Proposal 1: Election of three directors. The three individuals listed below were elected as Class I directors of the Company at the Annual Meeting to serve for a term of three years. Voting results for each director were as follows: Names For Withheld Broker Non-Votes Simon Ayat 114,512,123 27,396,789 10,992,841 Gale A. Norton 89,830,463 52,078,449 10,992,841 Cary D. Steinbeck 105,940,845 35,968,067 10,992,841
  evidence_url: https://www.sec.gov/Archives/edgar/data/1694028/000169402823000014/0001694028-23-000014-index.htm
- Shareholder Votes
  Liberty Energy Inc. shareholders approved Advisory vote on the compensation of the named executive officers at the 2023-04-18 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-04-18
  source text: Proposal 2: Advisory vote on the compensation of the named executive officers. Voting results with respect to the advisory vote on the compensation of the named executive officers were as follows: For Against Abstentions Broker Non-Votes 139,251,531 2,498,669 158,712 10,992,841
  evidence_url: https://www.sec.gov/Archives/edgar/data/1694028/000169402823000014/0001694028-23-000014-index.htm

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