Quarterly ResultJul 21, 2026, 07:01 AM
HALLIBURTON Q2 Net Income $0.64/Share; Revenue $5.7B
AI Summary
Halliburton Company announced strong second-quarter 2026 financial results, with net income of $534 million, or $0.64 per diluted share, on total revenue of $5.7 billion. The company reported an adjusted net income of $0.55 per diluted share and generated $668 million in free cash flow. Halliburton also repurchased approximately $200 million of its common stock and secured significant new contracts with Aramco and TotalEnergies, alongside a strategic acquisition.
Key Highlights
- Net income was $534 million, or $0.64 per diluted share, for Q2 2026.
- Adjusted net income was $461 million, or $0.55 per diluted share.
- Total revenue reached $5.7 billion, an increase from $5.4 billion in Q1 2026.
- Operating income was $778 million, resulting in an operating margin of 14%.
- Cash flow from operations was $824 million, with free cash flow of $668 million.
- Approximately $200 million of common stock was repurchased during the quarter.
- Completion and Production revenue increased 6% sequentially to $3.2 billion.
- Drilling and Evaluation revenue increased 5% sequentially to $2.5 billion.
- Awarded multi-year integrated well construction contracts by Aramco and TotalEnergies.
Price Impact
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