Business Segments · Operating Expenses
Drilling And Evaluation — Operating Expenses
Halliburton Drilling And Evaluation — Operating Expenses increased by 0.6% to $2.04B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.6%, from $1.95B to $2.04B. Over 3 years (FY 2022 to FY 2025), Drilling And Evaluation — Operating Expenses shows relatively stable performance with a 2.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ2 2020
Last reportedQ4 2025
Rolls up toTotal Operating Expenses
How to read this metric
Lower operating expenses relative to revenue indicate higher operational efficiency and better profit margins.
Detailed definition
The total sum of all costs incurred to operate the Drilling and Evaluation segment, including direct materials, labor, a...
Peer comparison
Standard total operating expense metric for business segments.
Metric ID:
hal_segment_drilling_and_evaluation_operating_expensesHistorical Data
17 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.86B | $1.86B | $1.86B | $1.86B | $1.95B | $1.95B | $1.95B | $1.95B | $2.03B | $2.03B | $1.99B | $2.03B | $1.95B | $2.03B | $2.03B | $2.02B | $2.04B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +4.9% | +0.0% | +0.0% | +0.0% | +4.4% | -0.2% | -1.8% | +2.0% | -4.2% | +4.2% | +0.1% | -0.3% | +0.6% |
| YoY Change | — | — | — | — | +4.9% | +4.9% | +4.9% | +4.9% | +4.4% | +4.2% | +2.3% | +4.3% | -4.3% | -0.1% | +1.9% | -0.4% | +4.6% |
Range$1.86B – $2.04B
CAGR+2.3%
Avg YoY Growth+2.8%
Median YoY Growth+4.3%
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Frequently Asked Questions
- What is Halliburton's drilling and evaluation — operating expenses?
- Halliburton (HAL) reported drilling and evaluation — operating expenses of $2.04B in Q1 2026.
- How has Halliburton's drilling and evaluation — operating expenses changed year-over-year?
- Halliburton's drilling and evaluation — operating expenses increased by 4.6% year-over-year, from $1.95B to $2.04B.
- What is the long-term trend for Halliburton's drilling and evaluation — operating expenses?
- Over 3 years (2022 to 2025), Halliburton's drilling and evaluation — operating expenses has grown at a 2.6% compound annual growth rate (CAGR), from $7.42B to $8.02B.
- What does drilling and evaluation — operating expenses mean?
- The total cost to run the Drilling and Evaluation business segment.