Halliburton Co (HAL) financial statements: income statement, balance sheet and cash flow

Halliburton Co's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Halliburton Co reported revenue of $22.2B (-3.3% year on year) and net income of $1.3B (-48.6% year on year).

Income statement

Halliburton Co income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Revenue	$22.2B	$22.9B	$23.0B	$20.3B
Cost of services and sales	$18.7B	$18.6B	$18.7B	$17.0B
Impairments and other charges	$831.0M	$116.0M	$0	$366.0M
General and administrative	$239.0M	$239.0M	$226.0M	$240.0M
SAP S4 Upgrade Expense	$154.0M	$124.0M	$51.0M	—
Total operating costs and expenses	$19.9B	$19.1B	$18.9B	$17.6B
Total operating income	$2.3B	$3.8B	$4.1B	$2.7B
Interest expense, net of interest income	($352.0M)	($353.0M)	($395.0M)	($375.0M)
Argentina Currency Devaluation	$0	$0	($131.0M)	—
Gain (loss) on Blue Chip Swap transactions	($9.0M)	—	—	—
Other, net	($128.0M)	($227.0M)	($84.0M)	($180.0M)
Total income (loss) before income taxes	$1.8B	$3.2B	$3.4B	$2.1B
Income tax (provision) benefit	($479.0M)	($718.0M)	($701.0M)	($515.0M)
Net income (loss)	$1.3B	$2.5B	$2.7B	$1.6B
Net (income) loss attributable to noncontrolling interest	($9.0M)	($15.0M)	($24.0M)	($23.0M)
Net income (loss) attributable to company	$1.3B	$2.5B	$2.6B	$1.6B
Income (Loss) from Continuing Operations, Per Basic Share	$1.5	$2.8M	$2.9M	$1.7M
Income (Loss) from Continuing Operations, Per Diluted Share	$1.5	$2.8M	$2.9M	$1.7M
Weighted Average Number of Shares Outstanding, Basic	853.0M	882.0M	899.0M	904.0M
Weighted Average Number of Shares Outstanding, Diluted	853.0M	883.0M	902.0M	908.0M

Halliburton Co income statement, quarters

Line item	Sep 30, 2026 · Q3	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3
Revenue	$5.7B	$5.7B	$5.4B	$5.6B
Cost of services and product sales	$4.9B	$4.9B	$4.6B	$4.7B
Impairments and other charges	$107.0M	($95.0M)	$0	$392.0M
General and administrative	$67.0M	$75.0M	$62.0M	$58.0M
SAP S4 Upgrade Expense	$42.0M	$46.0M	$42.0M	($50.0M)
Total operating costs and expenses	$5.1B	$4.9B	$4.7B	$5.2B
Total operating income	$624.0M	$778.0M	$679.0M	$356.0M
Interest expense, net of interest income	($84.0M)	($83.0M)	($82.0M)	($88.0M)
Other, net	($27.0M)	($31.0M)	($28.0M)	($49.0M)
Total income (loss) before income taxes	$513.0M	$664.0M	$569.0M	$219.0M
Income tax (provision) benefit	($94.0M)	($126.0M)	($105.0M)	($199.0M)
Net income (loss)	$419.0M	$538.0M	$464.0M	$20.0M
Net (income) loss attributable to noncontrolling interest	($2.0M)	($4.0M)	($3.0M)	($2.0M)
Net income (loss) attributable to company	$417.0M	$534.0M	$461.0M	$18.0M
Earnings Per Share, Basic	$0.50	$0.64	$0.55	$0.02
Earnings Per Share, Diluted	$0.50	$0.64	$0.55	$0.02
Weighted Average Number of Shares Outstanding, Basic	831.0M	836.0M	837.0M	849.0M
Weighted Average Number of Shares Outstanding, Diluted	832.0M	838.0M	839.0M	850.0M

Balance sheet

Halliburton Co balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and equivalents	$2.2B	$2.6B	$2.3B	$2.3B
Receivables net of allowances for bad debts	$4.9B	$5.1B	$4.9B	$4.6B
Inventories	$3.0B	$3.0B	$3.2B	$2.9B
Other current assets	$1.3B	$1.6B	$1.2B	$1.1B
Total current assets	$11.4B	$12.4B	$11.5B	$11.0B
Property, Plant and Equipment, Net	$5.3B	$5.1B	$4.9B	$4.3B
Goodwill	$2.9B	$2.8B	$2.9B	$2.8B
Deferred income taxes	$2.3B	$2.3B	$2.5B	$2.6B
Operating lease right-of-use assets	$938.0M	$1.0B	$1.1B	$913.0M
Other assets	$2.2B	$1.9B	$1.8B	$1.6B
Total assets	$25.0B	$25.6B	$24.7B	$23.3B
Accounts payable	$3.1B	$3.2B	$3.1B	$3.1B
Accrued employee compensation and benefits	$767.0M	$711.0M	$689.0M	$634.0M
Accrued Income Taxes, Current	$375.0M	$449.0M	$390.0M	$294.0M
Accrual for Taxes Other than Income Taxes, Current	$291.0M	—	—	—
Current portion of operating lease liabilities	$263.0M	$263.0M	$262.0M	$224.0M
Current maturities of long-term debt	$0	$381.0M	—	—
Other current liabilities	$759.0M	$729.0M	$750.0M	$723.0M
Total current liabilities	$5.6B	$6.0B	$5.6B	$5.3B
Long-term debt	$7.2B	$7.2B	$7.6B	$7.9B
Operating lease liabilities	$712.0M	$798.0M	$911.0M	$791.0M
Employee compensation and benefits	$428.0M	$414.0M	$408.0M	$408.0M
Other liabilities	$619.0M	$617.0M	$687.0M	$806.0M
Total liabilities	$14.5B	$15.0B	$15.3B	$15.3B
Common stock, par value $2.50 per share	$2659000000.00	$2662000000.00	$2663000000.00	$2664000000.00
Common stock, par value (in dollars per share)	$2.50	—	$2.50	$2.50
Common stock, shares authorized (in shares)	2.0B	2.0B	2.0B	2.0B
Common Stock, Shares, Issued	1.1B	1.1B	1.1B	1.1B
Paid-in capital in excess of par value	$112.0M	$79.0M	$63.0M	$50.0M
Accumulated other comprehensive loss	($363.0M)	($353.0M)	($331.0M)	($230.0M)
Retained earnings	$15.0B	$14.3B	$12.5B	$10.6B
Treasury stock, at cost	($7.0B)	($6.2B)	($5.5B)	($5.1B)
Treasury stock, shares	229.0M	—	176.0M	164.0M
Company shareholders' equity	$10.5B	$10.5B	$9.4B	$7.9B
Noncontrolling interest in consolidated subsidiaries	$44.0M	$42.0M	$42.0M	$29.0M
Total shareholders' equity	$10.5B	$10.5B	$9.4B	$8.0B
Total liabilities and shareholders' equity	$25.0B	$25.6B	$24.7B	$23.3B

Halliburton Co balance sheet, quarters

Line item	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025
Cash and equivalents	$1.8B	$2.0B	$2.0B	$2.0B
Receivables net of allowances for bad debts	$5.5B	$5.3B	$5.2B	$5.2B
Inventories	$3.3B	$3.1B	$3.0B	$3.1B
Other current assets	$1.5B	$1.5B	$1.3B	$1.4B
Total current assets	$12.1B	$11.9B	$11.5B	$11.6B
Property, Plant, and Equipment, after Accumulated Depreciation, Depletion, and Amortization	$5.2B	$5.2B	$5.2B	$5.2B
Goodwill	$3.0B	$3.0B	$3.0B	$2.9B
Deferred income taxes	$2.4B	$2.3B	$2.3B	$2.3B
Operating lease right-of-use assets	$1.0B	$1.0B	$895.0M	$972.0M
Other assets	$2.4B	$2.4B	$2.2B	$2.2B
Total assets	$26.1B	$25.8B	$25.1B	$25.2B
Accounts payable	$3.5B	$3.5B	$3.2B	$3.2B
Accrued employee compensation and benefits	$788.0M	$681.0M	$622.0M	$745.0M
Accrued Income Taxes, Current	$348.0M	$359.0M	$384.0M	$354.0M
Accrual for Taxes Other than Income Taxes, Current	$294.0M	$262.0M	$250.0M	$273.0M
Current portion of operating lease liabilities	$276.0M	$287.0M	$243.0M	$294.0M
Current maturities of long-term debt	$90.0M	$90.0M	$90.0M	$382.0M
Other current liabilities	$681.0M	$752.0M	$737.0M	$724.0M
Total current liabilities	$6.0B	$5.9B	$5.5B	$6.0B
Long-term debt	$7.1B	$7.1B	$7.1B	$7.2B
Operating lease liabilities	$760.0M	$751.0M	$678.0M	$734.0M
Employee compensation and benefits	$431.0M	$413.0M	$395.0M	$421.0M
Other liabilities	$637.0M	$654.0M	$637.0M	$652.0M
Total liabilities	$14.9B	$14.8B	$14.3B	$14.9B
Common stock, par value $2.50 per share	$2658000000.00	$2658000000.00	$2659000000.00	$2659000000.00
Paid-in capital in excess of par value	$63.0M	$4.0M	$93.0M	$74.0M
Accumulated other comprehensive loss	($342.0M)	($343.0M)	($343.0M)	($354.0M)
Retained earnings	$16.0B	$15.7B	$15.4B	$14.6B
Treasury stock, at cost	($7.3B)	($7.0B)	($7.0B)	($6.8B)
Company shareholders' equity	$11.1B	$11.0B	$10.8B	$10.2B
Noncontrolling interest in consolidated subsidiaries	$43.0M	$42.0M	$45.0M	$43.0M
Total shareholders' equity	$11.2B	$11.1B	$10.8B	$10.2B
Total liabilities and shareholders' equity	$26.1B	$25.8B	$25.1B	$25.2B

Cash flow statement

Halliburton Co cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income (loss)	$1.3B	$2.5B	$2.7B	$1.6B
Depreciation, depletion and amortization	$1.1B	$1.1B	$998.0M	$940.0M
Impairments and other charges	$831.0M	$116.0M	$0	$366.0M
Deferred Income Taxes and Tax Credits	$23.0M	$148.0M	$196.0M	—
Receivables	$188.0M	($312.0M)	($257.0M)	($1.2B)
Inventories	$80.0M	$147.0M	($303.0M)	($642.0M)
Accounts payable	($72.0M)	$62.0M	$49.0M	$852.0M
Other operating activities	($552.0M)	$109.0M	$113.0M	$212.0M
Total cash flows provided by operating activities	$2.9B	$3.9B	$3.5B	$2.2B
Capital expenditures	($1.3B)	($1.4B)	($1.4B)	($1.0B)
Payments to Acquire Equity Method Investments	($363.0M)	—	—	—
Payments to Acquire Marketable Securities	($202.0M)	($438.0M)	($492.0M)	—
Payments to Acquire Businesses, Net of Cash Acquired	($185.0M)	—	—	—
Proceeds from Sale and Maturity of Marketable Securities	$444.0M	$214.0M	$131.0M	—
Proceeds from sales of property, plant and equipment	$185.0M	$223.0M	$195.0M	$200.0M
Proceeds from Sale of Equity Method Investments	$120.0M	—	—	—
Other investing activities	($70.0M)	($211.0M)	($114.0M)	($156.0M)
Total cash flows used in investing activities	($1.3B)	($1.7B)	($1.7B)	($967.0M)
Payments for Repurchase of Common Stock	$1.0B	($1.0B)	($800.0M)	($250.0M)
Dividends to shareholders	($579.0M)	($600.0M)	($576.0M)	($435.0M)
Repayments of Long-term Debt	($389.0M)	($100.0M)	($305.0M)	($1.2B)
Proceeds from issuance of common stock	$98.0M	$105.0M	$136.0M	$229.0M
Other financing activities	($110.0M)	($130.0M)	($126.0M)	($100.0M)
Total cash flows used in financing activities	($2.0B)	($1.7B)	($1.7B)	($1.8B)
Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Including Discontinued Operation	($26.0M)	($127.0M)	($210.0M)	($175.0M)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total	($412.0M)	$354.0M	($82.0M)	($698.0M)
Cash and equivalents at beginning of period	$2.6B	—	—	—
Cash and equivalents at end of period	$2.2B	—	—	—
Interest	$432.0M	$441.0M	$460.0M	$487.0M
Income taxes	$639.0M	$538.0M	$616.0M	$354.0M
Maximum Percentage Gross Trade Receivables From One Customer	10.0%	—	—	—

Halliburton Co cash flow statement, quarters

Line item	Sep 30, 2026 · YTD	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD
Net income (loss)	$1.4B	$1.0B	$464.0M	$703.0M
Depreciation, depletion, and amortization	$887.0M	$591.0M	$295.0M	$846.0M
Impairments and other charges	$12.0M	($95.0M)	$0	$748.0M
Receivables	($610.0M)	($429.0M)	($293.0M)	($13.0M)
Inventories	($309.0M)	($85.0M)	($41.0M)	($38.0M)
Accounts payable	$402.0M	$327.0M	$82.0M	($60.0M)
Other operating activities	($338.0M)	($214.0M)	($234.0M)	($425.0M)
Total cash flows provided by operating activities	$1.5B	$1.1B	$273.0M	$1.8B
Capital expenditures	($693.0M)	($427.0M)	($192.0M)	($917.0M)
Purchases of investment securities	($111.0M)	($93.0M)	($2.0M)	($128.0M)
Payments to acquire businesses, net of cash acquired	($107.0M)	($107.0M)	($97.0M)	($175.0M)
Purchases of equity investments	($101.0M)	($101.0M)	$0	($343.0M)
Proceeds from sales of property, plant, and equipment	$175.0M	$121.0M	$42.0M	$138.0M
Sales of investment securities	$65.0M	$49.0M	$27.0M	$228.0M
Sale of an equity investment	$50.0M	$0	—	$120.0M
Other investing activities	($48.0M)	($68.0M)	($21.0M)	($49.0M)
Total cash flows used in investing activities	($770.0M)	($626.0M)	($243.0M)	($1.1B)
Payments for Repurchase of Common Stock	($558.0M)	($308.0M)	$100.0M	$757.0M
Dividends to shareholders	($426.0M)	($285.0M)	($142.0M)	($436.0M)
Other financing activities	($52.0M)	($26.0M)	$5.0M	($23.0M)
Total cash flows used in financing activities	($1.0B)	($619.0M)	($237.0M)	($1.2B)
Effect of exchange rate changes on cash	($22.0M)	($10.0M)	$4.0M	($11.0M)
Decrease in cash and cash equivalents	($363.0M)	($158.0M)	($203.0M)	($592.0M)
Cash and equivalents at beginning of period	$2.2B	$2.2B	$2.2B	$2.6B
Cash and equivalents at end of period	$1.8B	$2.0B	$2.0B	$2.0B
Interest	$314.0M	$202.0M	$114.0M	$330.0M
Income taxes	$352.0M	$240.0M	$102.0M	$518.0M
Maximum Percentage Gross Trade Receivables From One Customer	10.0%	10.0%	10.0%	10.0%

Halliburton Co score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.