Dramatic Earnings Growth
Net income jumped 126% year-over-year to $461M in Q1 2026, while operating income rose 57.5% to $679M, reflecting significant improvement in profitability versus Q1 2025's $204M net income and $431M operating income.
HALLIBURTON CO is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: Halliburton delivered a strong Q1 2026 with net income surging 126% YoY to $461M and EPS doubling to $0.55, though operating cash flow declined 27.6% to $273M.
Drawn from management commentary in the Q1 2026 10-Q:
Net income jumped 126% year-over-year to $461M in Q1 2026, while operating income rose 57.5% to $679M, reflecting significant improvement in profitability versus Q1 2025's $204M net income and $431M operating income.
Basic and diluted EPS both reached $0.55 in Q1 2026, up 129.2% from $0.24 in Q1 2025, indicating strong per-share value creation for shareholders despite a relatively stable share count.
Total liabilities declined 3.1% YoY to $14.32B, with current liabilities falling 4.9% to $5.54B, suggesting the company is reducing its debt burden and improving its financial position.
EPS (Basic)
$0.55
++129.17% YoY
Operating Income
$679M
++57.54% YoY
Add HAL to your watchlist to get the AI analysis in your inbox within minutes of the 10-Q filing.