Product sales — Cost of services and sales
Halliburton Product sales — Cost of services and sales decreased by 4.8% to $1.25B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.1%, from $1.25B to $1.25B. Over 4 years (FY 2021 to FY 2025), Product sales — Cost of services and sales shows an upward trend with a 9.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue indicates margin compression due to rising input costs or inefficiencies, while a decrease relative to revenue suggests improved operational leverage or cost control.
Detailed definition
This metric represents the direct costs incurred to manufacture, procure, and deliver the products sold within a specifi...
Peer comparison
Comparable to 'Cost of Goods Sold' (COGS) or 'Direct Product Costs' reported by competitors in the energy services and industrial sectors.
hal_segment_product_sales_cost_of_services_and_salesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $852.00M | $889.00M | $1.01B | $989.00M | $1.17B | $1.20B | $1.25B | $1.25B | $1.32B | $1.34B | $1.36B | $1.29B | $1.29B | $1.27B | $1.32B | $1.25B | $1.26B | $1.26B | $1.32B | $1.25B |
| QoQ Change | — | +4.3% | +13.7% | -2.2% | +17.9% | +3.0% | +3.8% | +0.0% | +5.5% | +1.6% | +1.4% | -4.6% | -0.1% | -2.1% | +4.3% | -5.2% | +0.6% | +0.1% | +4.4% | -4.8% |
| YoY Change | — | — | — | — | +36.9% | +35.1% | +23.3% | +26.1% | +12.9% | +11.3% | +8.7% | +3.8% | -1.7% | -5.3% | -2.7% | -3.2% | -2.6% | -0.4% | -0.3% | +0.1% |
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Frequently Asked Questions
- What is Halliburton's product sales — cost of services and sales?
- Halliburton (HAL) reported product sales — cost of services and sales of $1.25B in Q1 2026.
- How has Halliburton's product sales — cost of services and sales changed year-over-year?
- Halliburton's product sales — cost of services and sales increased by 0.1% year-over-year, from $1.25B to $1.25B.
- What is the long-term trend for Halliburton's product sales — cost of services and sales?
- Over 4 years (2021 to 2025), Halliburton's product sales — cost of services and sales has grown at a 9.5% compound annual growth rate (CAGR), from $3.53B to $5.09B.
- What does product sales — cost of services and sales mean?
- The total direct expenses required to produce and deliver the goods sold by a specific business segment.