Halliburton HAL Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Including Assessed Tax by Business | ||||||
| Completion And Production | $3.02B-7.7% | $3.27B+1.4% | $3.22B+1.6% | $3.17B+1.6% | $3.12B-1.8% | |
| Drilling And Evaluation | $2.39B-0.1% | $2.39B+0.5% | $2.38B+1.6% | $2.34B+1.8% | $2.3B-5.6% | |
| Total operating income by Business | ||||||
| Completion And Production | $439M-23.0% | $570M+10.9% | $514M+0.2% | $513M-3.4% | $531M-15.6% | |
| Drilling And Evaluation | $351M-4.4% | $367M+5.5% | $348M+11.5% | $312M-11.4% | $352M-12.2% | |
| Other Cost of Operating Revenue by Business | ||||||
| Completion And Production | $664M-3.9% | $691M-1.3% | $700M-0.3% | $702M+5.9% | $663M+8.0% | |
| Drilling And Evaluation | $509M+2.8% | $495M-2.2% | $506M+0.8% | $502M+5.7% | $475M-4.0% | |
| Operating Expenses by Business | ||||||
| Completion And Production | $2.58B-4.5% | $2.7B-0.4% | $2.71B+1.9% | $2.66B+2.7% | $2.59B+1.6% | |
| Drilling And Evaluation | $2.04B+0.6% | $2.02B-0.3% | $2.03B+0.1% | $2.03B+4.2% | $1.95B-4.2% | |
| Total Assets by Business | ||||||
| Completion And Production | $10.62B+1.2% | $10.49B-11.8% | $11.9B-0.4% | $11.95B-1.8% | $12.17B+1.5% | |
| Corporate and Other | $6.43B-3.2% | $6.65B+27.4% | $5.22B-4.0% | $5.44B+7.9% | $5.04B-13.0% | |
| Drilling And Evaluation | $8.09B+2.8% | $7.87B-2.2% | $8.04B+0.6% | $8B+0.3% | $7.97B+2.1% | |
| Impairments and other charges by Business | ||||||
| Completion And Production | $0-100% | $103M-59.1% | $252M— | $0-100% | $201M— | |
| Corporate and Other | $0— | —— | $0— | —— | $70M— | |
| Drilling And Evaluation | $0-100% | $22M-84.3% | $140M— | $0-100% | $85M— | |
| Cost, Direct Labor by Business | ||||||
| Completion And Production | $479M+1.9% | $470M-4.5% | $492M+1.9% | $483M+1.9% | $474M-1.0% | |
| Drilling And Evaluation | $487M+3.0% | $473M-3.3% | $489M+2.1% | $479M+2.6% | $467M-1.7% | |
| Payments to Acquire Productive Assets by Business | ||||||
| Completion And Production | $109M-44.1% | $195M+19.6% | $163M-20.5% | $205M+15.2% | $178M-25.8% | |
| Drilling And Evaluation | $83M-41.5% | $142M+44.9% | $98M-34.2% | $149M+20.2% | $124M-33.3% | |
| Cost, Direct Material by Business | ||||||
| Completion And Production | $1.27B-8.0% | $1.38B+1.5% | $1.36B+3.2% | $1.32B+1.5% | $1.3B-0.6% | |
| Drilling And Evaluation | $913M-1.4% | $926M+1.6% | $911M-1.2% | $922M+4.5% | $882M-6.1% | |
| Depreciation, Depletion and Amortization by Business | ||||||
| Completion And Production | $163M+4.5% | $156M0.0% | $156M+1.3% | $154M+1.3% | $152M+2.7% | |
| Corporate and Other | $6M0.0% | $6M0.0% | $6M0.0% | $6M+50.0% | $4M-20.0% | |
| Drilling And Evaluation | $126M-1.6% | $128M+4.1% | $123M-0.8% | $124M+2.5% | $121M-0.8% | |
| Revenue from Contract with Customer, Including Assessed Tax by Geography | ||||||
| Europe/Africa/CIS | $858M-7.5% | $928M+12.1% | $828M+1.0% | $820M+5.8% | $775M-2.5% | |
| Latin America | $1.09B+2.3% | $1.07B+7.0% | $996M+1.9% | $977M+9.0% | $896M-6.0% | |
| Middle East/Asia | $1.32B-9.5% | $1.46B+3.1% | $1.41B-2.9% | $1.45B-3.7% | $1.51B-8.4% | |
| North America | $2.14B-3.2% | $2.21B-6.6% | $2.36B+4.6% | $2.26B+1.0% | $2.24B+1.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Halliburton break its business down?
- Halliburton (HAL) reports revenue from contract with customer, including assessed tax by business across 2 parts — Completion And Production and Drilling And Evaluation. Each is extracted from the segment footnotes and tracked over time.
- Where does Halliburton's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Halliburton's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
