vs

Side-by-side financial comparison of Liberty Energy Inc. (LBRT) and NCR Voyix Corp (VYX). Click either name above to swap in a different company.

Liberty Energy Inc. is the larger business by last-quarter revenue ($1.0B vs $720.0M, roughly 1.4× NCR Voyix Corp). NCR Voyix Corp runs the higher net margin — 13.6% vs 2.2%, a 11.4% gap on every dollar of revenue. On growth, NCR Voyix Corp posted the faster year-over-year revenue change (6.2% vs 4.5%). Over the past eight quarters, NCR Voyix Corp's revenue compounded faster (0.7% CAGR vs -6.2%).

Liberty Energy Inc. is a North American energy services provider specializing in hydraulic fracturing and well completion solutions for oil and gas operators. It serves clients across major U.S. shale basins, offering low-emission equipment and tailored support to optimize well productivity.

NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.

LBRT vs VYX — Head-to-Head

Bigger by revenue
LBRT
LBRT
1.4× larger
LBRT
$1.0B
$720.0M
VYX
Growing faster (revenue YoY)
VYX
VYX
+1.7% gap
VYX
6.2%
4.5%
LBRT
Higher net margin
VYX
VYX
11.4% more per $
VYX
13.6%
2.2%
LBRT
Faster 2-yr revenue CAGR
VYX
VYX
Annualised
VYX
0.7%
-6.2%
LBRT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
LBRT
LBRT
VYX
VYX
Revenue
$1.0B
$720.0M
Net Profit
$22.6M
$98.0M
Gross Margin
Operating Margin
2.2%
2.4%
Net Margin
2.2%
13.6%
Revenue YoY
4.5%
6.2%
Net Profit YoY
990.9%
EPS (diluted)
$0.14
$0.64

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LBRT
LBRT
VYX
VYX
Q1 26
$1.0B
Q4 25
$1.0B
$720.0M
Q3 25
$947.4M
$684.0M
Q2 25
$1.0B
$666.0M
Q1 25
$977.5M
$617.0M
Q4 24
$943.6M
$678.0M
Q3 24
$1.1B
$708.0M
Q2 24
$1.2B
$722.0M
Net Profit
LBRT
LBRT
VYX
VYX
Q1 26
$22.6M
Q4 25
$13.7M
$98.0M
Q3 25
$43.1M
$-19.0M
Q2 25
$71.0M
$0
Q1 25
$20.1M
$-17.0M
Q4 24
$51.9M
$-11.0M
Q3 24
$73.8M
$1.1B
Q2 24
$108.4M
$-73.0M
Gross Margin
LBRT
LBRT
VYX
VYX
Q1 26
Q4 25
20.6%
Q3 25
18.7%
Q2 25
22.1%
Q1 25
22.1%
Q4 24
21.4%
Q3 24
26.2%
23.4%
Q2 24
27.9%
17.5%
Operating Margin
LBRT
LBRT
VYX
VYX
Q1 26
2.2%
Q4 25
1.9%
2.4%
Q3 25
-0.3%
2.2%
Q2 25
3.6%
2.1%
Q1 25
1.9%
-3.2%
Q4 24
2.6%
-0.1%
Q3 24
9.4%
2.3%
Q2 24
12.2%
-4.7%
Net Margin
LBRT
LBRT
VYX
VYX
Q1 26
2.2%
Q4 25
1.3%
13.6%
Q3 25
4.5%
-2.8%
Q2 25
6.8%
Q1 25
2.1%
-2.8%
Q4 24
5.5%
-1.6%
Q3 24
6.5%
152.8%
Q2 24
9.3%
-10.1%
EPS (diluted)
LBRT
LBRT
VYX
VYX
Q1 26
$0.14
Q4 25
$0.08
$0.64
Q3 25
$0.26
$-0.16
Q2 25
$0.43
$-0.03
Q1 25
$0.12
$-0.15
Q4 24
$0.31
$-0.05
Q3 24
$0.44
$7.41
Q2 24
$0.64
$-0.53

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LBRT
LBRT
VYX
VYX
Cash + ST InvestmentsLiquidity on hand
$699.1M
$231.0M
Total DebtLower is stronger
$7.1M
$1.1B
Stockholders' EquityBook value
$1.9B
$948.0M
Total Assets
$4.4B
$3.9B
Debt / EquityLower = less leverage
0.00×
1.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LBRT
LBRT
VYX
VYX
Q1 26
$699.1M
Q4 25
$27.6M
$231.0M
Q3 25
$13.5M
$282.0M
Q2 25
$19.6M
$276.0M
Q1 25
$24.1M
$573.0M
Q4 24
$20.0M
$722.0M
Q3 24
$23.0M
$792.0M
Q2 24
$30.0M
$203.0M
Total Debt
LBRT
LBRT
VYX
VYX
Q1 26
$7.1M
Q4 25
$246.6M
$1.1B
Q3 25
Q2 25
Q1 25
Q4 24
$190.5M
$1.1B
Q3 24
Q2 24
Stockholders' Equity
LBRT
LBRT
VYX
VYX
Q1 26
$1.9B
Q4 25
$2.1B
$948.0M
Q3 25
$2.1B
$848.0M
Q2 25
$2.0B
$867.0M
Q1 25
$2.0B
$857.0M
Q4 24
$2.0B
$933.0M
Q3 24
$2.0B
$1.0B
Q2 24
$1.9B
$-85.0M
Total Assets
LBRT
LBRT
VYX
VYX
Q1 26
$4.4B
Q4 25
$3.6B
$3.9B
Q3 25
$3.5B
$4.0B
Q2 25
$3.4B
$4.0B
Q1 25
$3.4B
$4.3B
Q4 24
$3.3B
$4.5B
Q3 24
$3.3B
$4.7B
Q2 24
$3.2B
$4.8B
Debt / Equity
LBRT
LBRT
VYX
VYX
Q1 26
0.00×
Q4 25
0.12×
1.17×
Q3 25
Q2 25
Q1 25
Q4 24
0.10×
1.18×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LBRT
LBRT
VYX
VYX
Operating Cash FlowLast quarter
$60.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
13.1%
Cash ConversionOCF / Net Profit
0.61×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LBRT
LBRT
VYX
VYX
Q1 26
Q4 25
$195.4M
$60.0M
Q3 25
$51.5M
$14.0M
Q2 25
$170.6M
$-242.0M
Q1 25
$192.1M
$-42.0M
Q4 24
$177.3M
$-170.0M
Q3 24
$244.5M
$11.0M
Q2 24
$248.2M
$62.0M
Free Cash Flow
LBRT
LBRT
VYX
VYX
Q1 26
Q4 25
$-10.0M
Q3 25
$-67.2M
$10.0M
Q2 25
$33.1M
$-249.0M
Q1 25
$58.2M
$-50.0M
Q4 24
$-26.2M
$-177.0M
Q3 24
$77.9M
$9.0M
Q2 24
$112.2M
$49.0M
FCF Margin
LBRT
LBRT
VYX
VYX
Q1 26
Q4 25
-1.0%
Q3 25
-7.1%
1.5%
Q2 25
3.2%
-37.4%
Q1 25
6.0%
-8.1%
Q4 24
-2.8%
-26.1%
Q3 24
6.8%
1.3%
Q2 24
9.7%
6.8%
Capex Intensity
LBRT
LBRT
VYX
VYX
Q1 26
13.1%
Q4 25
19.8%
Q3 25
12.5%
0.6%
Q2 25
13.2%
1.1%
Q1 25
13.7%
1.3%
Q4 24
21.6%
1.0%
Q3 24
14.6%
0.3%
Q2 24
11.7%
1.8%
Cash Conversion
LBRT
LBRT
VYX
VYX
Q1 26
Q4 25
14.28×
0.61×
Q3 25
1.20×
Q2 25
2.40×
Q1 25
9.55×
Q4 24
3.42×
Q3 24
3.31×
0.01×
Q2 24
2.29×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

LBRT
LBRT

Segment breakdown not available.

VYX
VYX

Services$484.0M67%
Products$236.0M33%

Related Comparisons