Skip to content

Halliburton HAL Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Revenue from Contract with Customer, Including Assessed Tax by Business
Completion And Production$12.68B-0.8%$12.78B+0.7%$12.69B-0.6%$12.77B-1.8%$13B-1.9%
Drilling And Evaluation$9.49B+0.9%$9.4B-0.5%$9.45B-0.2%$9.47B-1.0%$9.56B-1.4%
Total operating income by Business
Completion And Production$2.04B-4.3%$2.13B-2.7%$2.19B-6.6%$2.34B-8.2%$2.55B-5.8%
Drilling And Evaluation$1.38B-0.1%$1.38B-2.4%$1.41B-3.9%$1.47B-5.8%$1.56B-2.9%
Other Cost of Operating Revenue by Business
Completion And Production$2.76B0.0%$2.76B+2.9%$2.68B+2.0%$2.63B+1.0%$2.6B-0.1%
Drilling And Evaluation$2.01B+1.7%$1.98B0.0%$1.98B+1.2%$1.95B+0.7%$1.94B-0.1%
Operating Expenses by Business
Completion And Production$10.64B-0.1%$10.65B+1.4%$10.51B+0.8%$10.43B-0.2%$10.45B-0.9%
Drilling And Evaluation$8.11B+1.1%$8.02B-0.1%$8.03B+0.5%$8B0.0%$8B-1.1%
Total Assets by Business
Completion And Production$44.96B-3.3%$46.51B-3.1%$48B
Corporate and Other$23.74B+6.2%$22.34B+4.0%$21.49B
Drilling And Evaluation$32B+0.4%$31.88B+0.2%$31.82B
Impairments and other charges by Business
Completion And Production$355M-36.2%$556M
Drilling And Evaluation$162M-34.4%$247M
Cost, Direct Labor by Business
Completion And Production$1.92B+0.3%$1.92B-0.5%$1.93B+0.5%$1.92B+0.3%$1.91B-0.5%
Drilling And Evaluation$1.93B+1.0%$1.91B-0.1%$1.91B+1.3%$1.89B+1.0%$1.87B+0.1%
Payments to Acquire Productive Assets by Business
Completion And Production$672M-9.3%$741M-5.7%$786M-3.7%$816M+5.0%$777M+0.3%
Drilling And Evaluation$472M-8.0%$513M-7.9%$557M-7.8%$604M-5.0%$636M-4.4%
Cost, Direct Material by Business
Completion And Production$5.33B-0.5%$5.36B+1.4%$5.29B+0.1%$5.28B-1.0%$5.34B-1.7%
Drilling And Evaluation$3.67B+0.9%$3.64B-0.4%$3.65B-0.4%$3.67B-1.1%$3.71B-2.5%
Depreciation, Depletion and Amortization by Business
Completion And Production$629M+1.8%$618M+1.3%$610M+1.7%$600M+0.7%$596M+1.4%
Corporate and Other$24M+9.1%$22M+4.8%$21M+10.5%$19M+18.8%$16M0.0%
Drilling And Evaluation$501M+1.0%$496M+1.2%$490M+0.6%$487M+1.2%$481M+1.3%
Revenue from Contract with Customer, Including Assessed Tax by Geography
Europe/Africa/CIS$3.43B+2.5%$3.35B+4.1%$3.22B+3.4%$3.11B+2.1%$3.05B+1.5%
Latin America$4.13B+4.9%$3.94B+3.0%$3.82B-1.5%$3.88B-3.0%$4B-5.0%
Middle East/Asia$5.64B-3.3%$5.83B-3.2%$6.03B-2.0%$6.15B-0.7%$6.19B+1.5%
North America$8.97B-1.1%$9.07B-0.1%$9.07B-0.2%$9.09B-2.4%$9.32B-3.2%

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.