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Where this comes from
Reported directly by Weatherford International in its filing.
Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.
The source filing: Weatherford International’s 10-Q, filed July 22, 2026.
- Filed
- Jul 22, 2026, 4:30 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001603923-26-000085
| (Dollars and shares in millions, except per share amounts) | Three Months Ended / June 30, 2026 | Three Months Ended / June 30, 2025 | Six Months Ended / June 30, 2026 | Six Months Ended / June 30, 2025 |
|---|---|---|---|---|
| Costs and Expenses: | ||||
| Cost of Services | 443 | 464 | 919 | 928 |
| Cost of Products | 329 | 365 | 665 | 720 |
| Research and Development | 20 | 30 | 41 | 59 |
| Selling, General and Administrative | 172 | 164 | 340 | 325 |
| Gain on Sale of Business | — | (70) | — | (70) |
| Restructuring Charges | 9 | 11 | 22 | 40 |
| Other Charges, Net | 25 | 3 | 40 | 16 |
Item 1. Financial Statements.
FAQ
- What is Weatherford International's R&D?
- Weatherford International (WFRD) reported R&D of $20M in Q2 2026.
- How has Weatherford International's R&D changed year-over-year?
- Weatherford International's R&D decreased by 33.3% year-over-year, from $30M to $20M.
- What is the long-term trend for Weatherford International's R&D?
- Over 4 years (2021 to 2025), Weatherford International's R&D has grown at a 6.2% compound annual growth rate (CAGR), from $85M to $108M.
- What does R&D mean?
- Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.
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