Halliburton income statement
In fiscal 2025, Halliburton reported revenue of $22.18bn, down 3.3% on the year before, operating income of $2.26bn (a 10.2% margin) and net income of $1.28bn. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14.7 | 18.0 | 24.8 | 28.5 | 29.4 | 32.9 | 23.6 | 15.9 | 20.6 | 24.0 | 22.4 | 14.4 | 15.3 | 20.3 | 23.0 | 22.9 | 22.2 | 22.5 |
| Research and development | 0.3 | 0.4 | 0.4 | 0.5 | 0.6 | 0.6 | 0.5 | 0.3 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | — |
| General and administrative | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 |
| Operating income | 2.0 | 3.0 | 4.7 | 4.2 | 3.1 | 5.1 | −0.2 | −6.8 | 1.4 | 2.5 | −0.4 | −2.4 | 1.8 | 2.7 | 4.1 | 3.8 | 2.3 | 2.8 |
| Interest expense | −0.3 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | 1.7 | 2.7 | 4.4 | 3.8 | 2.8 | 4.7 | −0.9 | −7.6 | 0.7 | 1.8 | −1.1 | −3.2 | 1.3 | 2.1 | 3.4 | 3.2 | 1.8 | 2.4 |
| Income tax | 0.5 | 0.9 | 1.4 | 1.2 | 0.6 | 1.3 | −0.3 | −1.9 | 1.1 | 0.2 | 0.0 | −0.3 | −0.2 | 0.5 | 0.7 | 0.7 | 0.5 | 0.4 |
| Net income | 1.1 | 1.8 | 2.8 | 2.6 | 2.1 | 3.5 | −0.7 | −5.8 | −0.5 | 1.7 | −1.1 | −2.9 | 1.5 | 1.6 | 2.6 | 2.5 | 1.3 | 2.0 |
| Diluted EPS | $1.27 | $2.01 | $3.08 | $2.84 | $2.36 | $4.11 | −$0.79 | −$6.69 | −$0.53 | $1.89 | −$1.29 | −$3.34 | $1.63 | — | — | — | — | $2.39 |
| Diluted shares (average) | 902m | 911m | 922m | 928m | 902m | 852m | 853m | 861m | 870m | 877m | 875m | 881m | 892m | 908m | 902m | 883m | 853m | 837m |
| EBITDA | 2.9 | 4.1 | 6.1 | 5.8 | 5.0 | 7.2 | 1.7 | −5.3 | 2.9 | 4.1 | 1.2 | −1.4 | 2.7 | 3.6 | 5.1 | 4.9 | 3.4 | 4.0 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,610 | 5,417 | 5,510 | 5,600 | 5,657 | 5,402 | 5,714 | 5,703 |
| General and administrative | 61 | 62 | 60 | 58 | 59 | 62 | 75 | 67 |
| Operating income | 932 | 431 | 727 | 356 | 746 | 679 | 778 | 624 |
| Income before tax | 793 | 306 | 611 | 219 | 635 | 569 | 664 | 513 |
| Income tax | 179 | 103 | 131 | 199 | 46 | 105 | 126 | 94 |
| Net income | 615 | 204 | 472 | 18 | 589 | 461 | 534 | 417 |
| Diluted EPS | — | $0.24 | $0.55 | $0.02 | — | $0.55 | $0.64 | $0.50 |
| EBITDA | 1,207 | 708 | 1,011 | 641 | 1,036 | 974 | 1,074 | 920 |
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