HALLIBURTON CO (HAL) Form 8-K — Oct 20, 2026
Halliburton reported Q3 2026 net income of $417 million, or $0.50 per diluted share, with adjusted EPS of $0.60 on revenue of $5.7 billion, which CEO Jeff Miller said exceeded the company's expectations. Revenue was up roughly 2% year over year, and adjusted operating margin improved to 12.8% from 12.0% in the prior quarter. Miller highlighted that despite one of the largest energy disruptions in history, restoration work should drive multi-year oilfield services demand, and gave an early 2027 outlook of mid-single digit revenue growth with operating margins of about 15%, a ~200bp improvement, assuming no North America hydraulic fracturing recovery.
Key figures
- Eps
- 0.5
- Revenue
- 5703000000
- Guidance
- Early 2027 outlook: mid-single digit revenue growth and operating margins of about 15%, an approximately 200 basis point improvement, assuming a flat North America market.
- Net Income
- 417000000
- Revenue Yoy
- 2% YoY ($5,703M vs $5,600M)
- Total Assets
- 26073000000
- Cash Position
- 1843000000
- Shares Outstanding
- 832000000
- Adjusted eps
- 0.6
- Adjusted ebitda
- $1.0 billion
- Operating margin
- 10.9%
- Free cash flow q3
- $156 million
- Dividend per share
- $0.17
- Segment cp revenue
- $3,089 million
- Segment de revenue
- $2,614 million
- Yoy prior year eps
- $0.02 GAAP / $0.58 adjusted (Q3 2025)
- Adjusted net income
- $501 million
- Share repurchases q3
- $250 million
- International revenue
- $3,543 million (approx. sum of LatAm, Europe/Africa, Middle East/Asia)
- North america revenue
- $2,160 million
- Impairments charges q3
- $107 million pre-tax (severance)
- Operating cash flow q3
- $368 million
- Adjusted operating margin
- 12.8%
- Sap s4 migration spend q3
- $42 million
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.