What is Halliburton's SAP s4 upgrade expense?

Halliburton (HAL) reported SAP s4 upgrade expense of $42M in Q1 2026.

How has Halliburton's SAP s4 upgrade expense changed year-over-year?

Halliburton's SAP s4 upgrade expense increased by 40.0% year-over-year, from $30M to $42M.

What does SAP s4 upgrade expense mean?

Represents specific, non-recurring expenditures associated with the implementation or upgrade of enterprise resource planning (ERP) software systems. These costs are often treated as project-based investments to improve long-term operational efficiency.

Halliburton HAL SAP S4 Upgrade Expense

SAP S4 Upgrade Expense at other companies

EAT

Brinker InternationalEAT

$3.53M+0.7%

Emerson ElectricEMR

$6M-50.0%

MicroStrategyMSTR

$6.14M-9.2%

Universal Health ServicesUHS

$4.61M—

First Business Financial ServicesFBIZ

$1.92M+19.8%

Veeva SystemsVEEV

$388.91M+10.6%

Segments

By segment

See full

Corporate and Other$42M+40.0%

Other financials

Income statement

See full

Revenue$5.4B-0.3%

Operating income$679.0M+57.5%

Net income$461.0M+126%

EPS (diluted)$0.55+129%

Balance sheet

See full

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

See full

Operating cash flow$273.0M-27.6%

CapEx$192.0M-36.4%

Free cash flow$81.0M+8.0%

Valuation

See full

Market cap$28.58B+60.0%

Enterprise value$34.66B+42.1%

P/E18.6×+9.0×

P/S1.3×+0.5×

Profitability

See full

Gross margin81.4%—

Operating margin11.3%-3.2pp

Net margin6.9%-2.4pp

FCF margin7.6%-2.8pp

Returns & leverage

See full

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 hal:SAPS4UpgradeExpense.

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 SAP s4 upgrade expense?: Halliburton (HAL) reported SAP s4 upgrade expense of $42M in Q1 2026.
How has Halliburton's SAP s4 upgrade expense changed year-over-year?: Halliburton's SAP s4 upgrade expense increased by 40.0% year-over-year, from $30M to $42M.
What does SAP s4 upgrade expense mean?: Represents specific, non-recurring expenditures associated with the implementation or upgrade of enterprise resource planning (ERP) software systems. These costs are often treated as project-based investments to improve long-term operational efficiency.