Quarterly ResultApr 21, 2026, 07:01 AM
Halliburton Q1 2026 Net Income Jumps to $0.55/Share
AI Summary
Halliburton Company announced strong first-quarter 2026 results, with net income more than doubling to $0.55 per diluted share compared to the prior year. Total revenue remained flat at $5.4 billion, while operating income significantly increased to $679 million. The company also reported $273 million in cash flow from operations and repurchased approximately $100 million in shares. CEO Jeff Miller expressed satisfaction with the performance, noting early signs of recovery in North America and resilience in international markets despite Middle East disruptions.
Key Highlights
- Net income rose to $0.55 per diluted share in Q1 2026, up from $0.24 in Q1 2025.
- Total revenue was $5.4 billion, flat compared to Q1 2025.
- Operating income increased to $679 million from $431 million year-over-year.
- Generated $273 million in cash flow from operations and $123 million in free cash flow.
- Repurchased approximately $100 million of shares during the quarter.