Weatherford International plc income statement
In fiscal 2025, Weatherford International plc reported revenue of $4.92bn, down 10.8% on the year before, operating income of $756m (a 15.4% margin) and net income of $431m, or $5.93 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 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 | 15.2 | 15.3 | 14.9 | 9.4 | 5.7 | 5.7 | 5.7 | 5.0 | 3.7 | 3.6 | 4.3 | 5.1 | 5.5 | 4.9 | 4.7 |
| Gross profit | — | 3.0 | 3.5 | 1.4 | 0.6 | 0.8 | 1.2 | 1.1 | — | — | — | — | — | — | — |
| Research and development | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| General and administrative | 0.4 | 0.3 | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | — | — | — | — | — | — | — |
| Operating income | 0.3 | 0.5 | 0.5 | −1.5 | −2.2 | −2.2 | −2.1 | −1.2 | −1.5 | 0.1 | 0.4 | 0.8 | 0.9 | 0.8 | 0.6 |
| Income before tax | −0.3 | −0.2 | −0.3 | −2.1 | −2.9 | −2.7 | −2.8 | 3.8 | −1.8 | −0.3 | 0.1 | 0.5 | 0.7 | 0.6 | 0.4 |
| Income tax | 0.5 | 0.1 | 0.3 | −0.1 | 0.5 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.0 |
| Net income | −0.8 | −0.3 | −0.6 | −2.0 | −3.4 | −2.8 | −2.8 | 3.7 | −1.9 | −0.5 | 0.0 | 0.4 | 0.5 | 0.4 | 0.4 |
| Diluted EPS | −$1.02 | −$0.45 | −$0.75 | −$2.55 | −$3.82 | −$2.84 | −$2.82 | $3.65 | −$27.44 | −$6.43 | $0.36 | $5.66 | $6.75 | $5.93 | $5.61 |
| Diluted shares (average) | 765m | 772m | 777m | 779m | 887m | 990m | 997m | 1,004m | 70m | 70m | 72m | 74m | 75m | 73m | 72m |
| EBITDA | 1.6 | 1.9 | 1.9 | −0.3 | −1.3 | −1.4 | −1.5 | −0.7 | −1.0 | 0.6 | 0.8 | 1.1 | 1.3 | 1.0 | 0.9 |
| 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 | 1,341 | 1,193 | 1,204 | 1,232 | 1,289 | 1,152 | 1,105 | 1,143 |
| Research and development | 28 | 29 | 30 | 27 | 22 | 21 | 20 | 23 |
| Selling, general and administrative | — | 161 | 164 | 169 | — | 168 | 172 | 182 |
| Operating income | 198 | 142 | 237 | 178 | 199 | 123 | 107 | 153 |
| Income before tax | 169 | 96 | 191 | 139 | 128 | 105 | 75 | 129 |
| Income tax | 45 | 10 | 46 | 52 | −11 | −4 | 33 | 4 |
| Net income | 112 | 76 | 136 | 81 | 138 | 108 | 39 | 120 |
| Diluted EPS | $1.50 | $1.03 | $1.87 | $1.12 | $1.91 | $1.49 | $0.55 | $1.66 |
| EBITDA | 281 | 204 | 301 | 245 | 273 | 193 | 178 | 223 |
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