Weatherford International plc (WFRD) FY2026 YTD Q2 P&L / Income Statement
2026-01-01 to 2026-06-30
Revenue by Business Segment
2026-01-01 to 2026-06-30
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Weatherford International plc (WFRD) FY2026 YTD Q2 P&L / Income Statement
Income statement for 2026-01-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total Revenue
- 2,257,000,000 US dollars
- Cost of revenue (calculated)
- 1,584,000,000 US dollars
- Gross profit (calculated)
- 673,000,000 US dollars
- Operating expenses (calculated)
- 443,000,000 US dollars
- Operating Income
- 230,000,000 US dollars
- Other income (expense), net (calculated)
- negative 50,000,000 US dollars
- Income Before Income Taxes
- 180,000,000 US dollars
- Income Tax Provision
- 29,000,000 US dollars
- Net Income
- 151,000,000 US dollars
- Drilling and Evaluation
- 612,000,000 US dollars
- Well Construction And Completion
- 876,000,000 US dollars
- Production And Intervention
- 612,000,000 US dollars
- Cost of Services and Products
- 1,584,000,000 US dollars
- Research and Development
- 41,000,000 US dollars
- Selling, General and Administrative
- 340,000,000 US dollars
- Gain on Sale of Business
- 0 US dollars
- Restructuring Charges
- 22,000,000 US dollars
- Other Expense, Net
- 40,000,000 US dollars
- Revenue before reconciliation (calculated)
- 2,100,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- All Other
- 157,000,000 US dollars. Reported reconciliation to consolidated revenue.
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- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.
- Of which attributable to Weatherford International plc: $147.00 M; to noncontrolling interests: $4.00 M.

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Gross margin
29.8%
Gross profit / revenue
Operating margin
10.2%
Operating profit / revenue
Cash conversion
206.0%
Operating cash / net income, same period
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