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Earnings Brief

Halliburton Q2 Net Income Jumps 15% as Revenue of $5.7B Beats Estimates, Stock Falls 6%

Halliburton posted Q2 2026 revenue of $5.7 billion and net income of $534 million, both up from the prior quarter. Despite the improvement, shares fell more than 6% on geopolitical risk concerns.

Justin Jeon·July 21, 2026 at 22:59·4 min
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halliburton-q2-net-income-up-15-percent-revenue-beats
AIKey Summary
  • Halliburton posted Q2 2026 revenue of $5.7B and net income of $534M, both up from the prior quarter
  • Revenue topped estimates, but shares fell over 6% on geopolitical risk concerns

Halliburton reported Q2 2026 revenue of $5.7 billion and net income of $534 million in an SEC Form 8-K filing on July 21 (local time).

📊 Price at time of writing (July 21, 2026, 22:57 KST)
$33.00 ▼ -6.01%


This Quarter's Results at a Glance

Halliburton's Q2 revenue and net income both rose from the prior quarter. The company said a recovery in the North American market and expanded contracts overseas drove the improvement.

  • Revenue: $5.7 billion, up about 5.6% from $5.4 billion in the prior quarter
  • Net income: $534 million, up about 15.8% from $461 million in the prior quarter
  • Earnings per share (EPS): $0.64; adjusted EPS of $0.55 (unchanged from $0.55 in the prior quarter)
  • Operating income: $778 million; adjusted operating income (excluding interest, taxes, and depreciation) was $683 million
  • Operating margin: 14% (12% on an adjusted basis)
  • Cash flow from operations: $824 million; free cash flow (operating cash flow minus capital expenditures) was $668 million
  • Share buybacks: approximately $200 million

Outlook for Next Quarter

CEO Jeff Miller said, "I'm pleased with this quarter's results and believe the company's global outlook remains solid." He added that "our differentiated technology will be a foundation for revenue growth and margin expansion."

Miller expressed optimism about contract wins and the business opportunity pipeline in overseas markets. He said North America showed a recovery this quarter and that he expects gradual improvement through the rest of the year. However, the company did not disclose specific revenue or earnings guidance for the next quarter.


Market Reaction

As of 10:57 p.m. KST on July 21, Halliburton shares traded at $33.00, down 6.01% from the previous close.

Foreign media noted that revenue for the quarter topped market expectations, while EPS largely met or slightly beat estimates. Some analysts pointed to rising demand for oilfield services in Europe and Latin America as a supporting factor.

Although the results themselves improved, some outlets reported that concerns over geopolitical risk weighed on the stock's decline. Specific Wall Street consensus figures were not disclosed in the original reporting.


This article was automatically generated based on the original SEC Form 8-K filing and foreign media reports, with the goal of promptly delivering key data immediately after the announcement. Readers are advised to review the company's official filing before making trading decisions. Prices reflect the time of writing and may differ from current levels.

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