Weatherford International plcWFRDEarnings & Financial Report
Weatherford International plc is an American multinational oilfield service company, headquartered in the US and operating in 75 countries globally across the oil and natural gas producing regions. The company provides technical equipment and services used for drilling, evaluation, completion, production, and intervention on gas and oil wells.
Revenue
$1.4B
Gross Profit
N/A
Operating Profit
$264.0M
Net Profit
$125.0M
Gross Margin
N/A
Operating Margin
18.8%
Net Margin
8.9%
YoY Growth
10.3%
EPS
$1.66
Financial Flow
Weatherford International plc Q2 2024 Financial Summary
Weatherford International plc reported revenue of $1.4B (up 10.3% YoY) for Q2 2024, with a net profit of $125.0M (up 52.4% YoY) (8.9% margin). Cost of goods sold was N/A.
Key Financial Metrics
| Total Revenue | $1.4B |
|---|---|
| Net Profit | $125.0M |
| Gross Margin | N/A |
| Operating Margin | 18.8% |
| Report Period | Q2 2024 |
Revenue Breakdown
Weatherford International plc Q2 2024 revenue of $1.4B breaks down across 3 segments, led by Products at $543.0M (38.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $543.0M | 38.6% |
| Well Construction And Completion | $504.0M | 35.9% |
| Production And Intervention | $369.0M | 26.3% |
Weatherford International plc Revenue by Segment — Quarterly Trend
Weatherford International plc revenue by segment across the last 4 reported quarters, showing how each business line (such as Products and Well Construction And Completion) has evolved quarter over quarter.
| Segment | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|
| Products | — | $542.0M | $472.0M | $472.0M |
Weatherford International plc Annual Revenue by Year
Weatherford International plc annual revenue history includes year-by-year totals (for example, 2025 revenue was $4.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $4.9B |
| 2024 | $5.5B |
| 2023 | $5.1B |
| 2022 | $4.3B |
Weatherford International plc Quarterly Revenue & Net Profit History
Weatherford International plc results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 2026 | $1.2B | -8.3% | $109.0M | 9.5% |
| Q4 2025 | $1.3B | -3.9% | $138.0M | 10.7% |
| Q3 2025 | $1.2B | -12.6% | $81.0M | 6.6% |
| Q2 2025 | $1.2B | -14.3% | $136.0M | 11.3% |
| Q1 2025 | $1.2B | -12.2% | $76.0M | 6.4% |
| Q4 2024 | $1.3B | -1.5% | $112.0M | 8.4% |
| Q3 2024 | $1.4B | +7.3% | $157.0M | 11.1% |
| Q2 2024 | $1.4B | +10.3% | $125.0M | 8.9% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.41B | $1.41B | $1.34B | $1.19B | $1.20B | $1.23B | $1.29B | $1.15B |
| YoY Growth | 10.3% | 7.3% | -1.5% | -12.2% | -14.3% | -12.6% | -3.9% | -8.3% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $5.11B | $5.19B | $5.16B | $5.05B | $5.14B | $5.27B | $5.20B | N/A |
| Liabilities | $3.87B | $3.83B | $3.88B | $3.69B | $3.62B | $3.71B | $3.50B | N/A |
| Equity | $1.23B | $1.34B | $1.28B | $1.35B | $1.51B | $1.56B | $1.70B | $1.76B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $150.0M | $262.0M | $249.0M | $142.0M | $128.0M | $138.0M | $268.0M | $136.0M |