Weatherford International plc (WFRD) 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 | 1.15B | 1.29B | 1.23B | 1.2B | 1.19B | 1.34B | 1.41B | 1.41B | 1.36B | 1.36B | 1.31B | 1.27B | 1.19B | 1.21B | 1.12B | 1.06B | 938M | 965M | 945M | 903M |
| Revenue Growth % | -3.44% | -3.88% | -12.56% | -14.31% | -12.15% | -1.54% | 7.31% | 10.28% | 14.5% | 12.66% | 17.23% | 19.74% | 26.44% | 25.29% | 18.52% | 17.83% | 12.74% | 14.61% | 17.1% | 9.99% |
| Cost of Goods Sold | 812M | 998M | 0 | 829M | 819M | 913M | 917M | 891M | 884M | 899M | 859M | 847M | 790M | 807M | 814M | 756M | 682M | 717M | 686M | 677M |
| COGS % of Revenue | 70.49% | 77.42% | - | 68.85% | 68.65% | 68.08% | 65.08% | 63.42% | 65.1% | 66.01% | 65.42% | 66.48% | 66.61% | 66.75% | 72.68% | 71.05% | 72.71% | 74.3% | 72.59% | 74.97% |
| Gross Profit | 340M | 291M | 1.23B | 375M | 374M | 428M | 492M | 514M | 474M | 463M | 454M | 427M | 396M | 402M | 306M | 308M | 256M | 248M | 259M | 226M |
| Gross Margin % | 29.51% | 22.58% | 100% | 31.15% | 31.35% | 31.92% | 34.92% | 36.58% | 34.9% | 33.99% | 34.58% | 33.52% | 33.39% | 33.25% | 27.32% | 28.95% | 27.29% | 25.7% | 27.41% | 25.03% |
| Gross Profit Growth % | -9.09% | -32.01% | 150.41% | -27.04% | -21.1% | -7.56% | 8.37% | 20.37% | 19.7% | 15.17% | 48.37% | 38.64% | 54.69% | 62.1% | 18.15% | 36.28% | 30.61% | -22.98% | 47.16% | 6.6% |
| Operating Expenses | 217M | 92M | 1.05B | 138M | 232M | 230M | 249M | 250M | 241M | 247M | 236M | 226M | 211M | 233M | 185M | 204M | 238M | 215M | 188M | 201M |
| OpEx % of Revenue | 18.84% | 7.14% | 85.55% | 11.46% | 19.45% | 17.15% | 17.67% | 17.79% | 17.75% | 18.14% | 17.97% | 17.74% | 17.79% | 19.27% | 16.52% | 19.17% | 25.37% | 22.28% | 19.89% | 22.26% |
| Selling, General & Admin | 168M | 0 | 169M | 5M | 161M | 167M | 203M | 216M | 205M | 205M | 211M | 198M | 190M | 203M | 162M | 196M | 178M | 187M | 175M | 188M |
| SG&A % of Revenue | 14.58% | - | 13.72% | 0.42% | 13.5% | 12.45% | 14.41% | 15.37% | 15.1% | 15.05% | 16.07% | 15.54% | 16.02% | 16.79% | 14.46% | 18.42% | 18.98% | 19.38% | 18.52% | 20.82% |
| Research & Development | 21M | 0 | 27M | 0 | 29M | 28M | 33M | 31M | 31M | 29M | 30M | 27M | 26M | 24M | 23M | 22M | 21M | 22M | 21M | 21M |
| R&D % of Revenue | 1.82% | - | 2.19% | - | 2.43% | 2.09% | 2.34% | 2.21% | 2.28% | 2.13% | 2.28% | 2.12% | 2.19% | 1.99% | 2.05% | 2.07% | 2.24% | 2.28% | 2.22% | 2.33% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 1000K | 0 | -1000K | 1000K | 1000K | -1000K | -1000K |
| Operating Income | 123M | 199M | 178M | 237M | 142M | 198M | 243M | 264M | 233M | 216M | 218M | 201M | 185M | 169M | 121M | 104M | 18M | 33M | 71M | 25M |
| Operating Margin % | 10.68% | 15.44% | 14.45% | 19.68% | 11.9% | 14.77% | 17.25% | 18.79% | 17.16% | 15.86% | 16.6% | 15.78% | 15.6% | 13.98% | 10.8% | 9.77% | 1.92% | 3.42% | 7.51% | 2.77% |
| Operating Income Growth % | -13.38% | 0.51% | -26.75% | -10.23% | -39.06% | -8.33% | 11.47% | 31.34% | 25.95% | 27.81% | 80.17% | 93.27% | 927.78% | 412.12% | 70.42% | 316% | 238.46% | 130.84% | 218.33% | 105.03% |
| EBITDA | 207M | 273M | 245M | 301M | 204M | 281M | 332M | 350M | 318M | 299M | 301M | 282M | 265M | 253M | 209M | 194M | 105M | 136M | 183M | 139M |
| EBITDA Margin % | 17.97% | 21.18% | 19.89% | 25% | 17.1% | 20.95% | 23.56% | 24.91% | 23.42% | 21.95% | 22.92% | 22.13% | 22.34% | 20.93% | 18.66% | 18.23% | 11.19% | 14.09% | 19.37% | 15.39% |
| EBITDA Growth % | 1.47% | -2.85% | -26.2% | -14% | -35.85% | -6.02% | 10.3% | 24.11% | 20% | 18.18% | 44.02% | 45.36% | 152.38% | 86.03% | 14.21% | 39.57% | 7.14% | 1411.11% | 221.05% | 136.2% |
| D&A (Non-Cash Add-back) | 84M | 74M | 67M | 64M | 62M | 83M | 89M | 86M | 85M | 83M | 83M | 81M | 80M | 84M | 88M | 90M | 87M | 103M | 112M | 114M |
| EBIT | 122M | 171M | 173M | 226M | 133M | 150M | 215M | 251M | 225M | 84M | 209M | 121M | 166M | 136M | 107M | 78M | 2M | -88M | 8M | 14M |
| Net Interest Income | -17M | -21M | -23M | -21M | -26M | -25M | -24M | -24M | -29M | 19M | -30M | -31M | -31M | -39M | -44M | -48M | -48M | -49M | -69M | -72M |
| Interest Income | 10M | 10M | 11M | 14M | 11M | 12M | 13M | 17M | 14M | 62M | 15M | 16M | 16M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 27M | 31M | 34M | 35M | 37M | 37M | 37M | 41M | 43M | 43M | 45M | 47M | 47M | 39M | 44M | 48M | 48M | 49M | 69M | 72M |
| Other Income/Expense | -18M | -71M | -39M | -46M | -46M | -29M | -65M | -54M | -51M | -67M | -54M | -127M | -66M | -72M | -58M | -80M | -64M | -170M | -132M | -83M |
| Pretax Income | 105M | 128M | 139M | 191M | 96M | 169M | 178M | 210M | 182M | 149M | 164M | 74M | 119M | 97M | 63M | 24M | -46M | -137M | -61M | -58M |
| Pretax Margin % | 9.11% | 9.93% | 11.28% | 15.86% | 8.05% | 12.6% | 12.63% | 14.95% | 13.4% | 10.94% | 12.49% | 5.81% | 10.03% | 8.02% | 5.63% | 2.26% | -4.9% | -14.2% | -6.46% | -6.42% |
| Income Tax | -4M | -11M | 52M | 46M | 10M | 45M | 12M | 73M | 59M | 2M | 33M | -16M | 38M | 21M | 26M | 12M | 28M | 20M | 28M | 15M |
| Effective Tax Rate % | -3.81% | -8.59% | 37.41% | 24.08% | 10.42% | 26.63% | 6.74% | 34.76% | 32.42% | 1.34% | 20.12% | -21.62% | 31.93% | 21.65% | 41.27% | 50% | -60.87% | -14.6% | -45.9% | -25.86% |
| Net Income | 108M | 138M | 81M | 136M | 76M | 112M | 157M | 125M | 112M | 140M | 123M | 82M | 72M | 72M | 28M | 6M | -80M | -161M | -95M | -78M |
| Net Margin % | 9.38% | 10.71% | 6.57% | 11.3% | 6.37% | 8.35% | 11.14% | 8.9% | 8.25% | 10.28% | 9.37% | 6.44% | 6.07% | 5.96% | 2.5% | 0.56% | -8.53% | -16.68% | -10.05% | -8.64% |
| Net Income Growth % | 42.11% | 23.21% | -48.41% | 8.8% | -32.14% | -20% | 27.64% | 52.44% | 55.56% | 94.44% | 339.29% | 1266.67% | 190% | 144.72% | 129.47% | 107.69% | 31.03% | 19.5% | 45.4% | 86.57% |
| Net Income (Continuing) | 109M | 139M | 87M | 145M | 86M | 124M | 166M | 137M | 123M | 147M | 131M | 90M | 81M | 76M | 37M | 12M | -74M | -157M | -89M | -73M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1M | -3M | 7M | 9M | 8M | -2M | 11M | 12M | 9M | -2M | 21M | 27M | 19M | 16M | 19M | 25M | 30M | 24M | 26M | 33M |
| EPS (Diluted) | 1.49 | 1.91 | 1.12 | 1.87 | 1.03 | 1.50 | 2.06 | 1.66 | 1.50 | 1.90 | 1.66 | 1.12 | 0.98 | 0.99 | 0.39 | 0.08 | -1.14 | -2.30 | -1.36 | -1.11 |
| EPS Growth % | 44.66% | 27.33% | -45.63% | 12.65% | -31.33% | -21.05% | 24.1% | 48.21% | 53.06% | 91.92% | 325.64% | 1262.53% | 185.96% | 143.04% | 128.68% | 107.41% | 31.33% | 19.58% | 45.38% | 86.63% |
| EPS (Basic) | 1.50 | 1.92 | 1.13 | 1.88 | 1.04 | 1.54 | 2.14 | 1.71 | 1.54 | 1.94 | 1.70 | 1.14 | 1.00 | 1.01 | 0.39 | 0.08 | -1.14 | -2.30 | -1.36 | -1.11 |
| Diluted Shares Outstanding | 72.2M | 72.5M | 72.2M | 72.4M | 73.4M | 74.9M | 75.2M | 75.3M | 74.7M | 74M | 74M | 73M | 73.5M | 73M | 72M | 73M | 70M | 70M | 70M | 70M |
| Basic Shares Outstanding | 71.9M | 71.8M | 71.9M | 72.2M | 73.1M | 73M | 73.2M | 73.2M | 72.9M | 72M | 72M | 72M | 71.5M | 71M | 71M | 71M | 70M | 70M | 69.85M | 70M |
| Dividend Payout Ratio | 18.52% | 13.04% | 22.22% | 13.24% | 23.68% | 16.07% | 11.46% | - | - | - | - | - | - | - | - | - | - | - | - | - |