Services — Revenue from Contract with Customer, Including Assessed Tax
Halliburton Services — Revenue from Contract with Customer, Including Assessed Tax decreased by 3.4% to $3.82B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.4%, from $3.81B to $3.82B. Over 4 years (FY 2021 to FY 2025), Services — Revenue from Contract with Customer, Including Assessed Tax shows an upward trend with a 9.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates higher demand for the company's service offerings and potential market share expansion, while a decrease suggests reduced activity levels or pricing pressure in the energy sector.
Detailed definition
This metric represents the total gross revenue generated by the company's primary service-oriented business segment, inc...
Peer comparison
Comparable to 'Segment Revenue' or 'Service Revenue' reported by major oilfield service competitors like SLB or Baker Hughes.
hal_segment_services_revenue_from_contract_with_customer_including_assessed_taxHistorical 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 | $2.68B | $2.80B | $3.04B | $3.07B | $3.69B | $3.92B | $4.07B | $4.17B | $4.18B | $4.13B | $4.01B | $4.15B | $4.22B | $4.09B | $3.89B | $3.81B | $3.94B | $4.03B | $3.96B | $3.82B |
| QoQ Change | — | +4.4% | +8.5% | +1.1% | +19.9% | +6.4% | +3.7% | +2.4% | +0.4% | -1.2% | -3.1% | +3.5% | +1.7% | -2.9% | -4.9% | -2.2% | +3.4% | +2.2% | -1.7% | -3.4% |
| YoY Change | — | — | — | — | +37.4% | +40.0% | +33.7% | +35.6% | +13.4% | +5.3% | -1.5% | -0.5% | +0.8% | -0.9% | -2.8% | -8.1% | -6.6% | -1.6% | +1.6% | +0.4% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Halliburton's services — revenue from contract with customer, including assessed tax?
- Halliburton (HAL) reported services — revenue from contract with customer, including assessed tax of $3.82B in Q1 2026.
- How has Halliburton's services — revenue from contract with customer, including assessed tax changed year-over-year?
- Halliburton's services — revenue from contract with customer, including assessed tax increased by 0.4% year-over-year, from $3.81B to $3.82B.
- What is the long-term trend for Halliburton's services — revenue from contract with customer, including assessed tax?
- Over 4 years (2021 to 2025), Halliburton's services — revenue from contract with customer, including assessed tax has grown at a 9.4% compound annual growth rate (CAGR), from $10.99B to $15.73B.
- What does services — revenue from contract with customer, including assessed tax mean?
- The total gross income earned by the services business segment from customer contracts, including related taxes.