| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 5.7K | 5.8% | 3.7% |
| Total Income | 5.7K | 5.8% | 3.7% |
| Expenditure | 4.9K | 4.5% | 3.2% |
| PBT | 664.00 | 16.7% | 8.7% |
| Net Profit | 534.00 | 15.8% | 13.1% |
| OPM | 13.62% | 1.05pp | 0.42pp |
| NPM | 9.35% | 0.81pp | 0.78pp |
| EPS | 0.64 | 16.4% | 16.4% |
Halliburton Announces Q2 2026 Results: Revenue $5.7B, Net Income $0.64/Share
21 Jul 2026 · 21 Jul, 4:31 pm
Summary
Halliburton announced strong second quarter 2026 results, with net income of $534 million, or $0.64 per diluted share, and total revenue of $5.7 billion, up sequentially from $5.4 billion. Operating income also saw a sequential increase to $778 million. The company highlighted growth in its Completion and Production segment and a robust international performance, particularly in Europe/Africa/CIS. Management expressed optimism about the global outlook, expecting differentiated technology to drive revenue growth and margin expansion.
Key Highlights
- 1
Halliburton reported net income of $534 million, or $0.64 per diluted share, for the second quarter of 2026.
- 2
Total revenue for the second quarter of 2026 was $5.7 billion, an increase from $5.4 billion in the first quarter of 2026.
- 3
Operating income was $778 million in the second quarter of 2026, compared to $679 million in the first quarter of 2026.
- 4
Completion and Production revenue increased 6% sequentially to $3.2 billion, while operating income increased 8% sequentially to $474 million.
- 5
Drilling and Evaluation revenue increased 5% sequentially to $2.5 billion, while operating income decreased 4% sequentially to $338 million.
- 6
International revenue increased 5% sequentially to $3.4 billion, driven by strong performance in Europe/Africa/CIS.
- 7
Halliburton repurchased approximately $200 million of its common stock during the second quarter of 2026.
Management Comments
Jeff Miller
I am pleased with Halliburton’s performance this quarter, and believe the global outlook for Halliburton is strong. I expect our differentiated technology and value proposition set the stage for revenue growth and margin expansion. In international markets, I am excited about Halliburton’s contract awards and pipeline of future opportunities. I see demand growth for our services and technology in every region we serve. In North America, I am encouraged by the recovery we saw this quarter and I expect incremental improvements through the year. I expect that our consistent focus on returns and capital discipline will drive long-term success for Halliburton and its shareholders.
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