Weatherford International plc (WFRD) financial statements: income statement, balance sheet and cash flow

Weatherford International plc'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), Weatherford International plc reported revenue of $4.9B (-10.8% year on year) and net income of $457.0M (-16.9% year on year).

Income statement

Weatherford International plc income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Revenue	$4.9B	$5.5B	$5.1B	—
Cost of Services and Products	$3.4B	$3.6B	$3.4B	$3.0B
Research and Development	$108.0M	$123.0M	$112.0M	$90.0M
Selling, General and Administrative	$664.0M	$791.0M	$804.0M	$778.0M
Gain on Sale of Business	($70.0M)	—	—	—
Restructuring Charges	$58.0M	—	—	$22.0M
Other Charges (Credits), Net	$18.0M	$56.0M	$4.0M	$9.0M
Total Costs and Expenses	$4.2B	$4.6B	$4.3B	$3.9B
Operating Income	$756.0M	$938.0M	$820.0M	$412.0M
Interest Expense, Net of Interest Income of $46, $56 and $59	($91.0M)	($102.0M)	($123.0M)	($179.0M)
Loss on Extinguishment of Debt and Bond Redemption Premium	($39.0M)	—	($5.0M)	($5.0M)
Loss on Blue Chip Swap Securities	($2.0M)	($10.0M)	($57.0M)	—
Other Expense, Net	($70.0M)	($87.0M)	($129.0M)	($90.0M)
Income Before Income Taxes	$554.0M	$739.0M	$506.0M	$138.0M
Income Tax Provision	($97.0M)	($189.0M)	($57.0M)	($87.0M)
Net Income	$457.0M	$550.0M	$449.0M	$51.0M
Net Income Attributable to Noncontrolling Interests	$26.0M	$44.0M	$32.0M	$25.0M
Net Income Attributable to Weatherford	$431.0M	$506.0M	$417.0M	$26.0M
Basic Income Per Share Attributable to Weatherford (in dollars per share)	$5.96	$6.93	$5.79	$0.37
Basic Weighted Average Shares Outstanding (in shares)	72.2M	73.0M	72.0M	71.0M
Diluted Income Per Share Attributable to Weatherford (in dollars per share)	$5.93	$6.75	$5.66	$0.36
Diluted Weighted Average Shares Outstanding (in shares)	72.6M	74.9M	74.0M	72.0M

Weatherford International plc income statement, quarters

Line item	Sep 30, 2026 · Q3	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3
Total Revenue	$1.1B	$1.1B	$1.2B	$1.2B
Cost of Services and Products	$769.0M	$772.0M	$812.0M	$844.0M
Research and Development	$23.0M	$20.0M	$21.0M	$27.0M
Selling, General and Administrative	$182.0M	$172.0M	$168.0M	$169.0M
Gain on Sale of Business	$0	$0	—	$0
Restructuring Charges	$6.0M	$9.0M	$13.0M	$11.0M
Redomestication	$6.0M	—	—	—
Other Expense, Net	$4.0M	$25.0M	$15.0M	$3.0M
Total Costs and Expenses	$990.0M	$998.0M	$1.0B	$1.1B
Operating Income	$153.0M	$107.0M	$123.0M	$178.0M
Interest Expense, Net of Interest Income of $13, $11, $34 and $36	($15.0M)	($16.0M)	($17.0M)	($23.0M)
Other Expense, Net	($9.0M)	($16.0M)	($1.0M)	($16.0M)
Income Before Income Taxes	$129.0M	$75.0M	$105.0M	$139.0M
Income Tax Provision	($4.0M)	($33.0M)	$4.0M	($52.0M)
Net Income	$125.0M	$42.0M	$109.0M	$87.0M
Net Income Attributable to Noncontrolling Interests	$5.0M	$3.0M	$1.0M	$6.0M
Net Income Attributable to Weatherford	$120.0M	$39.0M	$108.0M	$81.0M
Basic Income per Share (in dollars per share)	$1.66	$0.55	$1.50	$1.13
Basic Weighted Average Shares Outstanding (in shares)	71.9M	71.9M	71.9M	71.9M
Diluted Income per Share (in dollars per share)	$1.66	$0.55	$1.49	$1.12
Diluted Weighted Average Shares Outstanding (in shares)	72.2M	72.2M	72.2M	72.2M

Balance sheet

Weatherford International plc balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and Cash Equivalents	$987.0M	$916.0M	$958.0M	$910.0M
Restricted Cash	$55.0M	$59.0M	$105.0M	$202.0M
Accounts Receivable, Net of Allowance for Credit Losses of $10 at December 31, 2025 and $8 at December 31, 2024	$1.2B	$1.3B	$1.2B	$989.0M
Inventories, Net	$836.0M	$880.0M	$788.0M	$689.0M
Other Current Assets	$260.0M	$286.0M	$278.0M	$253.0M
Total Current Assets	$3.4B	$3.4B	$3.3B	$3.0B
Property, Plant and Equipment, Net of Accumulated Depreciation of $1,150 at December 31, 2025 and $940 at December 31, 2024	$1.1B	$1.1B	$957.0M	$918.0M
Intangible Assets, Net of Accumulated Amortization of $828 at December 31, 2025 and $793 at December 31, 2024	$285.0M	$325.0M	$370.0M	$506.0M
Operating Lease Assets	$128.0M	$124.0M	$138.0M	$115.0M
Other Non-current Assets	$288.0M	$247.0M	$258.0M	$138.0M
Total Assets	$5.2B	$5.2B	$5.1B	$4.7B
Current Portion of Long-term Debt	$30.0M	$17.0M	$168.0M	—
Accounts Payable	$650.0M	$792.0M	$679.0M	$460.0M
Accrued Salaries and Benefits	$285.0M	$302.0M	$387.0M	$367.0M
Income Taxes Payable	$129.0M	$129.0M	$138.0M	$141.0M
Current Portion of Operating Lease Liabilities	$48.0M	$44.0M	$46.0M	$44.0M
Other Current Liabilities	$395.0M	$412.0M	$448.0M	$413.0M
Total Current Liabilities	$1.5B	$1.7B	$1.9B	$1.5B
Long-term Debt	$1.5B	$1.6B	$1.7B	$2.2B
Operating Lease Liabilities	$109.0M	$110.0M	$131.0M	$117.0M
Non-current Taxes Payable	$242.0M	$274.0M	$282.0M	—
Other Non-current Liabilities	$158.0M	$179.0M	$152.0M	$379.0M
Total Liabilities	$3.5B	$3.9B	$4.1B	$4.2B
Ordinary Shares - Par value $0.001; Authorized 1,356, Issued and Outstanding 71.6 at December 31, 2025 and 72.1 at December 31, 2024	0	0	0	0
Capital in Excess of Par Value	$2.8B	$2.9B	$2.9B	$2.9B
Retained Deficit	($1.1B)	($1.5B)	($2.0B)	($2.4B)
Accumulated Other Comprehensive Income (Loss)	$13.0M	($150.0M)	($28.0M)	($22.0M)
Shareholders’ Equity	$1.7B	$1.3B	$924.0M	$535.0M
Noncontrolling Interests	($3.0M)	($2.0M)	($2.0M)	$16.0M
Total Shareholders’ Equity	$1.7B	$1.3B	$922.0M	$551.0M
Total Liabilities and Shareholders’ Equity	$5.2B	$5.2B	$5.1B	$4.7B

Weatherford International plc balance sheet, quarters

Line item	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025
Cash and Cash Equivalents	$1.2B	$1.1B	$1.0B	$967.0M
Restricted Cash	$37.0M	$37.0M	$38.0M	$64.0M
Accounts Receivable, Net of Allowance for Credit Losses of $12 at September 30, 2026 and $10 at December 31, 2025	$1.1B	$1.1B	$1.2B	$1.3B
Inventories, Net	$861.0M	$811.0M	$824.0M	$880.0M
Other Current Assets	$245.0M	$246.0M	$235.0M	$283.0M
Total Current Assets	$3.4B	$3.3B	$3.3B	$3.5B
Property, Plant and Equipment, Net of Accumulated Depreciation of $1,232 at September 30, 2026 and $1,150 at December 31, 2025	$1.2B	$1.1B	$1.1B	$1.1B
Intangibles, Net of Accumulated Amortization of $873 at September 30, 2026 and $828 at December 31, 2025	$288.0M	$265.0M	$275.0M	$294.0M
Operating Lease Assets	$123.0M	$118.0M	$119.0M	$126.0M
Other Non-Current Assets	$356.0M	$290.0M	$286.0M	$258.0M
Total Assets	$5.3B	$5.1B	$5.1B	$5.3B
Current Portion of Long-term Debt	$264.0M	$30.0M	$31.0M	$126.0M
Accounts Payable	$595.0M	$625.0M	$630.0M	$690.0M
Accrued Salaries and Benefits	$277.0M	$241.0M	$224.0M	$281.0M
Income Taxes Payable	$103.0M	$95.0M	$112.0M	$104.0M
Current Portion of Operating Lease Liabilities	$45.0M	$42.0M	$47.0M	$48.0M
Other Current Liabilities	$391.0M	$374.0M	$374.0M	$429.0M
Total Current Liabilities	$1.7B	$1.4B	$1.4B	$1.7B
Long-term Debt	$1.2B	$1.4B	$1.5B	$1.5B
Operating Lease Liabilities	$103.0M	$100.0M	$99.0M	$108.0M
Non-current Taxes Payable	$218.0M	$217.0M	$204.0M	$283.0M
Other Non-Current Liabilities	$132.0M	$139.0M	$152.0M	$174.0M
Total Liabilities	$3.3B	$3.3B	$3.3B	$3.7B
Ordinary Shares - Par Value $0.001; Authorized 1,356 shares, Issued and Outstanding 72.5 shares at September 30, 2026 and 71.6 at December 31, 2025	0	0	0	0
Capital in Excess of Par Value	$2.9B	$2.8B	$2.8B	$2.8B
Retained Deficit	($922.0M)	($1.0B)	($1.0B)	($1.2B)
Accumulated Other Comprehensive Income (Loss)	($9.0M)	$16.0M	$0	($2.0M)
Shareholders’ Equity	$2.0B	$1.8B	$1.8B	$1.6B
Noncontrolling Interests	$36.0M	$1.0M	$1.0M	$7.0M
Total Shareholders’ Equity	$2.0B	$1.8B	$1.8B	$1.6B
Total Liabilities and Shareholders’ Equity	$5.3B	$5.1B	$5.1B	$5.3B

Cash flow statement

Weatherford International plc 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	$457.0M	$550.0M	$449.0M	$51.0M
Depreciation and Amortization	$267.0M	$343.0M	$327.0M	$349.0M
Foreign Exchange Losses	$45.0M	$56.0M	$116.0M	—
Loss on Blue Chip Swap Securities	$2.0M	$10.0M	$57.0M	—
Gain on Disposition of Assets	($9.0M)	($35.0M)	($11.0M)	($41.0M)
Gain on Sale of Business	($70.0M)	—	—	—
Deferred Income Tax Provision (Benefit)	($14.0M)	$8.0M	($86.0M)	$4.0M
Share-Based Compensation	$38.0M	$45.0M	$35.0M	$25.0M
Accounts Receivable	$75.0M	($31.0M)	($221.0M)	($193.0M)
Inventories	$24.0M	($112.0M)	($114.0M)	($56.0M)
Accounts Payable	($131.0M)	$97.0M	$231.0M	$84.0M
Accrued Salaries and Benefits	($24.0M)	($74.0M)	—	—
Other Changes, Net	$16.0M	($65.0M)	$25.0M	$80.0M
Net Cash Provided by Operating Activities	$676.0M	$792.0M	$832.0M	$349.0M
Capital Expenditures for Property, Plant and Equipment	($226.0M)	($299.0M)	($209.0M)	($132.0M)
Proceeds from Disposition of Assets	$16.0M	$31.0M	$28.0M	$82.0M
Proceeds from Sale of Business	$97.0M	—	—	$0
Purchases of Blue Chip Swap Securities	($117.0M)	($50.0M)	($110.0M)	—
Proceeds from Sales of Blue Chip Swap Securities	$115.0M	$40.0M	$53.0M	—
Business Acquisitions, Net of Cash Acquired	$0	($51.0M)	—	—
Proceeds from Sale of Investments	$0	—	—	—
Other Investing Activities	($30.0M)	$36.0M	($51.0M)	($4.0M)
Net Cash Used in Investing Activities	($145.0M)	($293.0M)	($289.0M)	($54.0M)
Borrowings of Long-term Debt	$1.2B	—	$0	$0
Debt Issuance Costs	($18.0M)	—	—	—
Repayments of Long-term Debt	($1.4B)	($287.0M)	($386.0M)	($198.0M)
Distributions to Noncontrolling Interests	($29.0M)	($39.0M)	($52.0M)	—
Tax Remittance on Equity Awards	($21.0M)	($31.0M)	($56.0M)	—
Share Repurchases	($101.0M)	($99.0M)	—	—
Dividends Paid	($72.0M)	($36.0M)	—	—
Other Financing Activities	($45.0M)	($19.0M)	($15.0M)	($15.0M)
Net Cash Used in Financing Activities	($474.0M)	($511.0M)	($514.0M)	($248.0M)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	$10.0M	($76.0M)	($78.0M)	($48.0M)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash	$67.0M	($88.0M)	($49.0M)	($1.0M)
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	$975.0M	$1.1B	$1.1B	$1.1B
Cash, Cash Equivalents and Restricted Cash at End of Period	$1.0B	$975.0M	$1.1B	$1.1B
Interest Paid	$125.0M	$153.0M	$181.0M	$220.0M
Income Taxes Paid, Net of Refunds	$157.0M	$168.0M	$132.0M	$86.0M
Ordinary Shares Issued for Acquisitions	0	79.0M	—	—

Weatherford International plc cash flow statement, quarters

Line item	Sep 30, 2026 · YTD	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD
Net Income	$276.0M	$151.0M	$109.0M	$318.0M
Depreciation and Amortization	$211.0M	$141.0M	$70.0M	$193.0M
Foreign Exchange Losses	$11.0M	$6.0M	($4.0M)	$40.0M
Gain on Disposition of Assets	($28.0M)	($13.0M)	($6.0M)	($6.0M)
Gain on Sale of Business	$0	$0	—	($70.0M)
Deferred Income Tax Provision	($35.0M)	$9.0M	$9.0M	$13.0M
Share-Based Compensation	$38.0M	$23.0M	$12.0M	$26.0M
Accounts Receivable	$186.0M	$143.0M	$71.0M	$22.0M
Inventories	($19.0M)	($3.0M)	($3.0M)	($17.0M)
Accounts Payable	($72.0M)	($28.0M)	($21.0M)	($91.0M)
Accrued Salaries and Benefits	($7.0M)	($44.0M)	($60.0M)	($27.0M)
Income Taxes Payable	($23.0M)	($30.0M)	—	—
Other Changes, Net	($35.0M)	($44.0M)	($41.0M)	$6.0M
Net Cash Provided by Operating Activities	$503.0M	$311.0M	$136.0M	$408.0M
Capital Expenditures for Property, Plant and Equipment	($141.0M)	($96.0M)	($54.0M)	($175.0M)
Proceeds from Disposition of Assets	$17.0M	$9.0M	$3.0M	$11.0M
Proceeds from Sale of Business	$0	$0	—	$97.0M
Purchases of Blue Chip Swap Securities	($23.0M)	($14.0M)	($3.0M)	($103.0M)
Proceeds from Sales of Blue Chip Swap Securities	$22.0M	$14.0M	$3.0M	$102.0M
Business Acquisition, Net of Cash Acquired	($13.0M)	—	—	$0
Other Investing Activities	($26.0M)	($23.0M)	($17.0M)	($14.0M)
Net Cash Used in Investing Activities	($164.0M)	($110.0M)	($68.0M)	($82.0M)
Repayments of Long-term Debt	($25.0M)	($17.0M)	($8.0M)	($80.0M)
Distributions to Noncontrolling Interests	($9.0M)	($5.0M)	—	($16.0M)
Tax Remittance on Equity Awards Vested	($20.0M)	($18.0M)	($17.0M)	($20.0M)
Share Repurchases	($54.0M)	($26.0M)	($10.0M)	($94.0M)
Dividends Paid	($59.0M)	($40.0M)	($20.0M)	($54.0M)
Other Financing Activities	$0	$1.0M	($1.0M)	($13.0M)
Net Cash Used in Financing Activities	($167.0M)	($105.0M)	($56.0M)	($277.0M)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash	($16.0M)	($1.0M)	($4.0M)	$7.0M
Net Increase in Cash, Cash Equivalents and Restricted Cash	$156.0M	$95.0M	$8.0M	$56.0M
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	$1.0B	$1.0B	$1.0B	$975.0M
Cash, Cash Equivalents and Restricted Cash at End of Period	$1.2B	$1.1B	$1.1B	$1.0B
Interest Paid	$57.0M	$55.0M	$1.0M	$71.0M
Income Taxes Paid, Net of Refunds	$127.0M	$82.0M	$40.0M	$122.0M
1,033,696 Ordinary Shares Issued for Acquisition	101.0M	—	—	0
Portion of Assumed Equity Awards Included in Acquisition Consideration	$7.0M	—	—	—

Weatherford International plc score and earnings-call analysis · All covered companies

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