Quarterly ResultJul 24, 2026, 11:06 AM
Halliburton Q2 2026 Revenue Up 4% to $5.7B; Operating Income $778M
AI Summary
Halliburton reported Q2 2026 revenue of $5.7 billion, marking a 4% increase compared to Q2 2025. The company achieved an operating income of $778 million, which included a $95 million pre-tax credit and a $57 million gain from a government refund. Market conditions were influenced by geopolitical conflict in the Middle East, higher oil prices, and inflationary cost increases, while the Completion and Production segment revenue remained relatively flat.
Key Highlights
- Total company revenue for Q2 2026 was $5.7 billion, a 4% increase year-over-year.
- Operating income for Q2 2026 was $778 million, including a $95 million pre-tax credit.
- A gain of approximately $57 million from a government refund recovery was recognized.
- WTI crude oil price averaged $96 per barrel in Q2 2026, up 33% from Q1 2026.
- Brent crude oil price averaged $103 per barrel in Q2 2026, up 29% from Q1 2026.
- Completed the sale of a portion of the chemical business during Q2 2026.
- Completion and Production segment revenue was relatively flat in Q2 2026 compared to Q2 2025.
Price Impact
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