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Net Income per Share
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Net Income per Share Net Income per Share
Basic net income per share measures the performance of an entity over the reporting period. Diluted net income per share measures the performance of an entity over the reporting period while giving effect to all potentially dilutive common share equivalents that were outstanding during the period, namely RSUs and PSUs. The Company uses the treasury stock method to determine the potential dilutive effect of outstanding RSUs and PSUs.
The following table reflects the allocation of net income to common stockholders and net income per share computations for the periods indicated based on a weighted average number of Class A Common Stock outstanding:
Three Months Ended June 30,Six Months Ended June 30,
(In thousands, except per share data)2026202520262025
Basic Net Income Per Share
Numerator:
Net income attributable to Liberty Energy Inc. stockholders$43,121 $71,016 $65,679 $91,127 
Denominator:
Basic weighted average common shares outstanding163,016 161,865 162,534 161,901 
Basic net income per share attributable to Liberty Energy Inc. stockholders$0.26 $0.44 $0.40 $0.56 
Diluted Net Income Per Share
Numerator:
Net income attributable to Liberty Energy Inc. stockholders$43,121 $71,016 $65,679 $91,127 
Denominator:
Basic weighted average common shares outstanding163,016 161,865 162,534 161,901 
Effect of dilutive securities:
Restricted stock units4,647 2,378 3,268 3,140 
Diluted weighted average common shares outstanding167,663 164,243 165,802 165,041 
Diluted net income per share attributable to Liberty Energy Inc. stockholders$0.26 $0.43 $0.40 $0.55 
The table above does not include any potential dilutive impact from conversion of the convertible senior notes as the notes were not convertible during the reporting period. Refer to Note 7 — Debt for additional information.