Halliburton Company (HAL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 5.4B | 5.66B | 5.6B | 5.51B | 5.42B | 5.61B | 5.7B | 5.83B | 5.8B | 5.74B | 5.8B | 5.8B | 5.68B | 5.58B | 5.36B | 5.07B | 4.28B | 4.28B | 3.86B | 3.71B |
| Revenue Growth % | -0.28% | 0.84% | -1.7% | -5.54% | -6.67% | -2.25% | -1.84% | 0.6% | 2.24% | 2.81% | 8.34% | 14.27% | 32.52% | 30.51% | 38.78% | 36.88% | 24.14% | 32.13% | 29.75% | 15.99% |
| Cost of Goods Sold | 4.61B | 4.73B | 4.74B | 4.69B | 4.54B | 4.58B | 4.63B | 4.71B | 4.72B | 4.61B | 4.69B | 4.72B | 4.65B | 4.61B | 4.45B | 4.29B | 3.7B | 3.67B | 3.36B | 3.22B |
| COGS % of Revenue | 85.38% | 83.56% | 84.71% | 85.14% | 83.77% | 81.71% | 81.22% | 80.75% | 81.36% | 80.26% | 80.74% | 81.41% | 81.84% | 82.66% | 83.11% | 84.53% | 86.34% | 85.76% | 86.94% | 86.92% |
| Gross Profit | 790M | 930M | 856M | 819M | 879M | 1.03B | 1.07B | 1.12B | 1.08B | 1.13B | 1.12B | 1.08B | 1.03B | 968M | 905M | 785M | 585M | 609M | 504M | 485M |
| Gross Margin % | 14.62% | 16.44% | 15.29% | 14.86% | 16.23% | 18.29% | 18.78% | 19.25% | 18.64% | 19.74% | 19.26% | 18.59% | 18.16% | 17.34% | 16.89% | 15.47% | 13.66% | 14.24% | 13.06% | 13.08% |
| Gross Profit Growth % | -10.13% | -9.36% | -20% | -27.07% | -18.76% | -9.44% | -4.29% | 4.17% | 4.95% | 17.05% | 23.54% | 37.32% | 76.24% | 58.95% | 79.56% | 61.86% | 39.95% | 198.86% | 54.13% | 73.84% |
| Operating Expenses | 111M | 184M | 500M | 92M | 448M | 94M | 199M | 91M | 95M | 75M | 81M | 67M | 54M | -8M | 59M | 411M | 74M | 59M | 58M | 51M |
| OpEx % of Revenue | 2.05% | 3.25% | 8.93% | 1.67% | 8.27% | 1.68% | 3.49% | 1.56% | 1.64% | 1.31% | 1.4% | 1.16% | 0.95% | -0.14% | 1.1% | 8.1% | 1.73% | 1.38% | 1.5% | 1.38% |
| Selling, General & Admin | 69M | 59M | 58M | 60M | 62M | 61M | 55M | 62M | 61M | 60M | 58M | 54M | 54M | 62M | 59M | 67M | 52M | 59M | 46M | 51M |
| SG&A % of Revenue | 1.28% | 1.04% | 1.04% | 1.09% | 1.14% | 1.09% | 0.97% | 1.06% | 1.05% | 1.05% | 1% | 0.93% | 0.95% | 1.11% | 1.1% | 1.32% | 1.21% | 1.38% | 1.19% | 1.38% |
| Research & Development | 0 | 411M | 0 | 0 | 0 | 426M | 0 | 0 | 0 | 408M | 0 | 0 | 0 | 345M | 0 | 0 | 0 | 321M | 0 | 0 |
| R&D % of Revenue | - | 7.27% | - | - | - | 7.59% | - | - | - | 7.11% | - | - | - | 6.18% | - | - | - | 7.51% | - | - |
| Other Operating Expenses | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 0 | -1000K | 0 | 1000K | 1000K | -1000K | 1000K | 0 |
| Operating Income | 679M | 746M | 356M | 727M | 431M | 932M | 871M | 1.03B | 987M | 1.06B | 1.04B | 1.01B | 977M | 976M | 846M | 374M | 511M | 550M | 446M | 434M |
| Operating Margin % | 12.57% | 13.19% | 6.36% | 13.19% | 7.96% | 16.61% | 15.29% | 17.69% | 17.01% | 18.44% | 17.87% | 17.44% | 17.21% | 17.48% | 15.79% | 7.37% | 11.93% | 12.86% | 11.55% | 11.71% |
| Operating Income Growth % | 57.54% | -19.96% | -59.13% | -29.55% | -56.33% | -11.91% | -16.01% | 2.08% | 1.02% | 8.4% | 22.58% | 170.32% | 91.19% | 77.45% | 89.69% | -13.82% | 38.11% | 672.92% | 214.08% | 122.71% |
| EBITDA | 679M | 1.04B | 641M | 1.01B | 708M | 1.21B | 1.14B | 1.3B | 1.25B | 1.31B | 1.29B | 1.26B | 1.22B | 1.21B | 1.08B | 612M | 743M | 781M | 670M | 657M |
| EBITDA Margin % | 12.57% | 18.31% | 11.45% | 18.35% | 13.07% | 21.52% | 20.03% | 22.34% | 21.54% | 22.9% | 22.28% | 21.66% | 21.45% | 21.71% | 20.16% | 12.06% | 17.34% | 18.26% | 17.36% | 17.72% |
| EBITDA Growth % | -4.1% | -14.17% | -43.82% | -22.41% | -43.36% | -8.14% | -11.76% | 3.74% | 2.63% | 8.42% | 19.72% | 105.23% | 63.93% | 55.19% | 61.19% | -6.85% | 24.66% | 487.22% | 80.11% | 139.58% |
| D&A (Non-Cash Add-back) | 0 | 290M | 285M | 284M | 277M | 275M | 270M | 271M | 263M | 256M | 256M | 245M | 241M | 236M | 234M | 238M | 232M | 231M | 224M | 223M |
| EBIT | 679M | 843M | 720M | 727M | 695M | 932M | 975M | 1.03B | 987M | 1.06B | 1.04B | 1.01B | 977M | 906M | 846M | 374M | 511M | 514M | 423M | 434M |
| Net Interest Income | -82M | -20M | -88M | -92M | -86M | -84M | -85M | -92M | -92M | -233M | -94M | -102M | -101M | -74M | -93M | -101M | -107M | -108M | -116M | -120M |
| Interest Income | 0 | 0 | 23M | 18M | 25M | 25M | 28M | 22M | 22M | 81M | 24M | 18M | 17M | 43M | 31M | 24M | 19M | 21M | 15M | 14M |
| Interest Expense | 82M | 20M | 111M | 110M | 111M | 109M | 113M | 114M | 114M | 314M | 118M | 120M | 118M | 117M | 124M | 125M | 126M | 129M | 131M | 134M |
| Other Income/Expense | -110M | -111M | -137M | -116M | -125M | -139M | -137M | -112M | -200M | -223M | -121M | -228M | -148M | -134M | -141M | -143M | -179M | -132M | -130M | -139M |
| Pretax Income | 569M | 635M | 219M | 611M | 306M | 793M | 734M | 920M | 787M | 835M | 916M | 783M | 829M | 842M | 705M | 231M | 332M | 418M | 316M | 295M |
| Pretax Margin % | 10.53% | 11.22% | 3.91% | 11.09% | 5.65% | 14.14% | 12.88% | 15.77% | 13.56% | 14.55% | 15.78% | 13.5% | 14.6% | 15.08% | 13.16% | 4.55% | 7.75% | 9.77% | 8.19% | 7.96% |
| Income Tax | 105M | 46M | 199M | 131M | 103M | 179M | 154M | 207M | 178M | 168M | 192M | 167M | 174M | 177M | 156M | 114M | 68M | -409M | 76M | 65M |
| Effective Tax Rate % | 18.45% | 7.24% | 90.87% | 21.44% | 33.66% | 22.57% | 20.98% | 22.5% | 22.62% | 20.12% | 20.96% | 21.33% | 20.99% | 21.02% | 22.13% | 49.35% | 20.48% | -97.85% | 24.05% | 22.03% |
| Net Income | 461M | 589M | 18M | 472M | 204M | 615M | 571M | 709M | 606M | 661M | 716M | 610M | 651M | 656M | 544M | 109M | 263M | 824M | 236M | 227M |
| Net Margin % | 8.53% | 10.41% | 0.32% | 8.57% | 3.77% | 10.96% | 10.02% | 12.16% | 10.44% | 11.52% | 12.34% | 10.52% | 11.47% | 11.75% | 10.15% | 2.15% | 6.14% | 19.27% | 6.11% | 6.12% |
| Net Income Growth % | 125.98% | -4.23% | -96.85% | -33.43% | -66.34% | -6.96% | -20.25% | 16.23% | -6.91% | 0.76% | 31.62% | 459.63% | 147.53% | -20.39% | 130.51% | -51.98% | 54.71% | 450.64% | 1488.24% | 113.54% |
| Net Income (Continuing) | 464M | 589M | 20M | 480M | 203M | 614M | 580M | 713M | 609M | 667M | 724M | 616M | 655M | 665M | 549M | 117M | 264M | 827M | 240M | 230M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 45M | 44M | 43M | 42M | 42M | 42M | 56M | 46M | 46M | 42M | 39M | 34M | 30M | 29M | 24M | 18M | 16M | 15M | 12M | 9M |
| EPS (Diluted) | 0.55 | 0.70 | 0.02 | 0.55 | 0.24 | 0.70 | 0.65 | 0.80 | 0.68 | 0.74 | 0.79 | 0.68 | 0.72 | 0.72 | 0.60 | 0.12 | 0.29 | 0.92 | 0.26 | 0.26 |
| EPS Growth % | 129.17% | 0% | -96.74% | -31.25% | -64.71% | -5.41% | -17.72% | 17.65% | -5.56% | 2.78% | 31.67% | 466.67% | 148.28% | -21.74% | 130.77% | -53.85% | 52.63% | 440.74% | 1447.15% | 113.61% |
| EPS (Basic) | 0.55 | 0.70 | 0.02 | 0.55 | 0.24 | 0.70 | 0.65 | 0.80 | 0.68 | 0.74 | 0.80 | 0.68 | 0.72 | 0.72 | 0.60 | 0.12 | 0.29 | 0.92 | 0.26 | 0.26 |
| Diluted Shares Outstanding | 839M | 840M | 850M | 862M | 866M | 883M | 881M | 886M | 891M | 897M | 902M | 903M | 907M | 910M | 910M | 909M | 903M | 896M | 894M | 890M |
| Basic Shares Outstanding | 837M | 839M | 849M | 862M | 866M | 875M | 881M | 884M | 889M | 893M | 898M | 901M | 904M | 910M | 908M | 904M | 899M | 896M | 894M | 890M |
| Dividend Payout Ratio | 30.8% | 24.28% | 800% | 30.72% | 72.06% | 24.07% | 26.27% | 21.3% | 24.92% | 21.63% | 20.11% | 23.61% | 22.27% | 16.46% | 20.22% | 100% | 41.06% | 4.85% | 17.37% | 17.62% |