AI English summary of an SEC filing — figures as filed
The company said its total revenue for Q1 2026 was $5.4 billion, roughly flat from Q1 2025, and operating income was $679 million (Q1 2025 $431 million, including impairments and other charges of $356 million).
Key points
AI summaryThe company said its total revenue for Q1 2026 was $5.4 billion, roughly flat from Q1 2025, and operating income was $679 million (Q1 2025 $431 million, including impairments and other charges of $356 million).
Halliburton said Completion and Production revenue for Q1 2026 fell $104 million to $3.0 billion, a 3% decrease, and operating income dropped $92 million to $439 million, a 17% decrease. Drilling and Evaluation revenue rose $89 million to $2.4 billion, a 4% increase, and operating income was $351 million, flat from Q1 2025.
The company said the Middle East geopolitical conflict reduced diluted net income per share across both of its segments by $0.02 to $0.03 in Q1 2026. It said Middle East/Asia revenue fell to $1.3 billion, a 13% decrease, while Latin America revenue rose to $1.1 billion, a 22% increase.
The company said operating cash flow for the first 3 months of 2026 was $273 million, and working capital had a negative impact of $252 million. It repurchased 2.8 million shares for $100 million over the same period, and said about $1.9 billion remained authorized for repurchases as of March 31.
Key figures
Quarter ended March 31, 2026
- Revenue
- $5.4B
- Operating income
- $679M
- Net income
- $461M
- EPS
- $0.55
- Operating cash flow
- $273M
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Q1 2026 revenue of $5.4 billion, operating income of $679 million
The company said its total revenue for Q1 2026 was $5.4 billion, roughly flat from Q1 2025, and operating income was $679 million (Q1 2025 $431 million, including impairments and other charges of $356 million).
Source · Based on the MD&A text of the filing
Completion and Production revenue down 3%, Drilling and Evaluation up 4%
Halliburton said Completion and Production revenue for Q1 2026 fell $104 million to $3.0 billion, a 3% decrease, and operating income dropped $92 million to $439 million, a 17% decrease. Drilling and Evaluation revenue rose $89 million to $2.4 billion, a 4% increase, and operating income was $351 million, flat from Q1 2025.
Source · Based on the MD&A text of the filing
Middle East conflict impact and regional revenue shifts
The company said the Middle East geopolitical conflict reduced diluted net income per share across both of its segments by $0.02 to $0.03 in Q1 2026. It said Middle East/Asia revenue fell to $1.3 billion, a 13% decrease, while Latin America revenue rose to $1.1 billion, a 22% increase.
Source · Based on the MD&A text of the filing
Q1 2026 cash flow and shareholder returns
The company said operating cash flow for the first 3 months of 2026 was $273 million, and working capital had a negative impact of $252 million. It repurchased 2.8 million shares for $100 million over the same period, and said about $1.9 billion remained authorized for repurchases as of March 31.
Source · Based on the MD&A text of the filing
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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