Halliburton Q1 FY26: where the revenue came from and where it went
The whole income statement of Halliburton for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jan 1 – Mar 31, 2026
- Reported
- Apr 24, 2026
Revenue$5.40B
+0% year over year
Gross profit$1.04B
19% margin
Operating profit$0.68B
13% margin
Net profit$0.46B
9% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 5.40 | 100% | +0% |
| Completion & production | 3.02 | 56% | −3% |
| Drilling & evaluation | 2.39 | 44% | +4% |
| Cost of revenue | −4.37 | 81% | |
| Gross profit | 1.04 | 19% margin | +5pp |
| G&A | −0.06 | 1% | +0pp |
| Other | −0.30 | 6% | +0pp |
| Operating profit | 0.68 | 13% margin | +5pp |
| Interest & other costs | −0.11 | ||
| Tax | −0.11 | ||
| Net profit | 0.46 | 9% margin | +5pp |
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