Halliburton (HAL) financials
Halliburton revenue and earnings by year
Halliburton's revenue was $22.2 billion in the fiscal year to December 31, 2025, down 3.3% from the year before. Net income was $1.28 billion, 5.8% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 3.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 22.2 | 22.9 | 23.0 | 20.3 | 15.3 | 14.4 | 22.4 | 24.0 | 20.6 | 15.9 |
| Revenue growth | -3.3% | -0.3% | 13.4% | 32.7% | 5.9% | -35.5% | -6.6% | 16.4% | 29.8% | — |
| Gross profit | 3.5 | 4.3 | 4.4 | 3.3 | 2.0 | 1.5 | 2.3 | 3.0 | 2.3 | 0.9 |
| Gross margin | 15.7% | 18.7% | 18.9% | 16.3% | 13.2% | 10.7% | 10.2% | 12.4% | 11.0% | 5.5% |
| Operating income | 2.3 | 3.8 | 4.1 | 2.7 | 1.8 | -2.4 | -0.4 | 2.5 | 1.4 | -6.8 |
| Operating margin | 10.2% | 16.7% | 17.7% | 13.3% | 11.8% | -16.9% | -2.0% | 10.3% | 6.7% | -42.6% |
| Net income | 1.3 | 2.5 | 2.6 | 1.6 | 1.5 | -2.9 | -1.1 | 1.7 | -0.5 | -5.8 |
| Net margin | 5.8% | 10.9% | 11.5% | 7.7% | 9.5% | -20.4% | -5.0% | 6.9% | -2.2% | -36.3% |
| Diluted EPS | $1.50 | $2.83 | $2.92 | $1.73 | $1.63 | -$3.34 | -$1.29 | $1.89 | -$0.53 | -$6.69 |
| Free cash flow | 1.9 | 2.6 | 2.3 | 1.4 | 1.5 | 1.4 | 1.1 | 1.3 | 1.3 | -2.3 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open HAL in Markets.
How Halliburton makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Completion & Production | $3.09B | 54.2% |
| Drilling & Evaluation | $2.61B | 45.8% |
See also: HAL valuation and P/E history · HAL returns
No forecast, no recommendation. This page describes Halliburton from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.