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Halliburton HAL Product sales — Cost of services and sales

Other product segments

Services
$3.37B+2.4%

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Other financials

Income statement

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Revenue$5.4B-0.3%
Operating income$679.0M+57.5%
Net income$461.0M+126%
EPS (diluted)$0.55+129%

Balance sheet

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Cash & equivalents$2.0B+11.0%
Total debt$8.1B-5.7%
Total equity$10.8B+4.0%
Total assets$25.1B-0.1%

Cash flow

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Operating cash flow$273.0M-27.6%
CapEx$192.0M-36.4%
Free cash flow$81.0M+8.0%

Valuation

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Market cap$28.36B+62.8%
Enterprise value$34.44B+43.9%
P/E18.4×+9.1×
P/S1.3×+0.5×

Profitability

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Gross margin81.4%
Operating margin11.3%-3.2pp
Net margin6.9%-2.4pp
FCF margin7.6%-2.8pp

Returns & leverage

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Return on equity14.6%-6.4pp
Debt / equity0.7×-0.1×
Current ratio2.1×+0.1×

Where this comes from

Reported directly by Halliburton in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Halliburton’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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?
This metric represents the direct costs incurred to manufacture, procure, and deliver the products sold within a specific business segment. It includes expenses such as raw materials, direct labor, and manufacturing overheads associated with the segment's product portfolio. Monitoring this cost allows for the assessment of operational efficiency and the impact of supply chain or inflationary pressures on the segment's gross margins.