Weatherford International plc (WFRD) FY2026 YTD Q2 P&L / Income Statement

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 StatementIncome statement for 2026-01-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUE RECONCILIATIONREVENUEGROSSOPERATINGPRE-TAXNETWell Construction And CompletionDrilling and EvaluationProduction And InterventionTotal RevenueRevenue before reconciliation (calculated)All OtherGross profit (calculated)Cost of revenue (calculated)Cost of Services and ProductsOperating IncomeOperating expenses (calculated)Selling, General and AdministrativeResearch and DevelopmentRestructuring ChargesOther Expense, NetIncome Before Income TaxesOther income (expense), net (calculated)Net IncomeIncome Tax ProvisionRevenue before reconciliation (calculated)Revenue beforereconciliation(calculated)$2.10 BGross profit (calculated)Gross profit(calculated)$673.00 MIncome Before Income TaxesIncome BeforeIncome Taxes$180.00 MTotal RevenueTotal Revenue$2.26 BOperating IncomeOperating Income$230.00 MNet IncomeNet Income$151.00 MWell Construction And CompletionWCC$876.00 MOperating expenses (calculated)Operating expenses(calculated)$443.00 MIncome Tax ProvisionIncome Tax Provision$29.00 MCost of revenue (calculated)Cost of revenue(calculated)$1.58 BSelling, General and AdministrativeSelling, General and Administrative$340.00 MOther income (expense), net (calculated)Other income,net (calculated)−$50.00 MDrilling and EvaluationDRE$612.00 MResearch and DevelopmentResearch and Development$41.00 MRestructuring ChargesRestructuring Charges$22.00 MProduction And InterventionPRI$612.00 MOther Expense, NetOther Expense, Net$40.00 MCost of Services and ProductsCost of Servicesand Products$1.58 BAll OtherAll Other$157.00 M
Chart details

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.

Chart connections

  • 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.
Weatherford International plc (WFRD) FY2026 YTD Q2 Revenue by Business Segment Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

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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