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-3.3% | $3.27B+2.8% | $3.22B-2.3% | $3.17B-6.8% | $3.12B-7.5% | |
| Drilling And Evaluation | $2.39B+3.9% | $2.39B-1.8% | $2.38B-0.9% | $2.34B-3.8% | $2.3B-5.5% | |
| Total operating income by Business | ||||||
| Completion And Production | $439M-17.3% | $570M-9.4% | $514M-23.2% | $513M-29.0% | $531M-22.8% | |
| Drilling And Evaluation | $351M-0.3% | $367M-8.5% | $348M-14.3% | $312M-22.6% | $352M-11.6% | |
| Other Cost of Operating Revenue by Business | ||||||
| Completion And Production | $664M+0.2% | $691M+12.5% | $700M+8.0% | $702M+3.7% | $663M-0.3% | |
| Drilling And Evaluation | $509M+7.2% | $495M0.0% | $506M+5.0% | $502M+2.7% | $475M-0.2% | |
| Operating Expenses by Business | ||||||
| Completion And Production | $2.58B-0.5% | $2.7B+5.8% | $2.71B+3.0% | $2.66B-0.7% | $2.59B-3.6% | |
| Drilling And Evaluation | $2.04B+4.6% | $2.02B-0.4% | $2.03B+1.9% | $2.03B-0.1% | $1.95B-4.3% | |
| Total Assets by Business | ||||||
| Completion And Production | $10.62B-12.7% | $10.49B-12.5% | $11.9B— | $11.95B— | $12.17B— | |
| Corporate and Other | $6.43B+27.7% | $6.65B+14.7% | $5.22B— | $5.44B— | $5.04B— | |
| Drilling And Evaluation | $8.09B+1.4% | $7.87B+0.8% | $8.04B— | $8B— | $7.97B— | |
| Impairments and other charges by Business | ||||||
| Completion And Production | $0-100% | $103M— | $252M+460% | $0— | $201M— | |
| Corporate and Other | $0-100% | —— | $0-100% | —— | $70M— | |
| Drilling And Evaluation | $0-100% | $22M— | $140M+312% | $0— | $85M— | |
| Cost, Direct Labor by Business | ||||||
| Completion And Production | $479M+1.1% | $470M-1.9% | $492M+2.1% | $483M+1.3% | $474M-2.1% | |
| Drilling And Evaluation | $487M+4.3% | $473M-0.4% | $489M+5.4% | $479M+3.9% | $467M+0.4% | |
| Payments to Acquire Productive Assets by Business | ||||||
| Completion And Production | $109M-38.8% | $195M-18.8% | $163M-15.5% | $205M+23.5% | $178M+1.1% | |
| Drilling And Evaluation | $83M-33.1% | $142M-23.7% | $98M-32.4% | $149M-17.7% | $124M-19.0% | |
| Cost, Direct Material by Business | ||||||
| Completion And Production | $1.27B-2.2% | $1.38B+5.6% | $1.36B+0.5% | $1.32B-4.0% | $1.3B-6.6% | |
| Drilling And Evaluation | $913M+3.5% | $926M-1.4% | $911M-1.6% | $922M-4.1% | $882M-9.7% | |
| Depreciation, Depletion and Amortization by Business | ||||||
| Completion And Production | $163M+7.2% | $156M+5.4% | $156M+6.8% | $154M+2.7% | $152M+5.6% | |
| Corporate and Other | $6M+50.0% | $6M+20.0% | $6M+50.0% | $6M+100% | $4M0.0% | |
| Drilling And Evaluation | $126M+4.1% | $128M+4.9% | $123M+2.5% | $124M+5.1% | $121M+5.2% | |
| Revenue from Contract with Customer, Including Assessed Tax by Geography | ||||||
| Europe/Africa/CIS | $858M+10.7% | $928M+16.7% | $828M+14.7% | $820M+8.3% | $775M+6.3% | |
| Latin America | $1.09B+21.7% | $1.07B+11.9% | $996M-5.4% | $977M-10.9% | $896M-19.1% | |
| Middle East/Asia | $1.32B-12.7% | $1.46B-11.7% | $1.41B-8.1% | $1.45B-2.9% | $1.51B+6.3% | |
| North America | $2.14B-4.5% | $2.21B-0.3% | $2.36B-0.9% | $2.26B-8.9% | $2.24B-12.2% |
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.
