Halliburton Financial Statements
NYSE: HALEnergyOilfield Services/EquipmentUSD
At close: Oct 7, 4:00 PM ET · Delayed 15 min
After hours: 31.76 +0.03%
Halliburton revenue and earnings
In fiscal 2025, Halliburton generated $22.18 billion in revenue, down 3.3% from fiscal 2024, its first annual decline since 2024. Net income was $1.28 billion (-48.7% year over year), for a net margin of 5.8% versus a median of 9.5% in the prior 5 years. Operating margin was 10.2%.
Diluted earnings per share came in at $1.50, down from $2.83. Over the last 5 fiscal years, HAL's revenue has grown at a 9.0% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Halliburton income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 22.18B | 22.94B | 23.02B | 20.30B | 15.29B | 14.45B | 22.41B | 24.00B | 20.62B | 15.89B |
| Revenue growth (YoY) | -3.31% | -0.32% | +13.41% | +32.70% | +5.88% | -35.54% | -6.61% | +16.37% | +29.79% | -32.78% |
| Cost of Revenue | — | — | — | — | — | — | — | — | 4.14B | 3.77B |
| Gross Profit | — | — | — | — | — | — | — | — | 16.48B | 12.12B |
| Operating Expenses | — | — | — | — | — | — | — | — | 15.10B | 18.89B |
| Research & Development | 411.00M | 426.00M | 408.00M | 345.00M | 321.00M | 309.00M | 404.00M | 390.00M | 360.00M | 329.00M |
| Operating Income | 2.26B | 3.82B | 4.08B | 2.71B | 1.80B | -2.44B | -448.00M | 2.47B | 1.37B | -6.77B |
| Other Income (Expense) | -128.00M | -227.00M | -84.00M | -62.00M | -34.00M | -111.00M | -105.00M | -99.00M | -99.00M | -216.00M |
| Pretax Income | 1.77B | 3.23B | 3.36B | 2.11B | 1.25B | -3.22B | -1.12B | 1.81B | 682.00M | -7.63B |
| Income Tax | 479.00M | 718.00M | 701.00M | 515.00M | -216.00M | -278.00M | 7.00M | 157.00M | 1.13B | -1.86B |
| Net Income | 1.28B | 2.50B | 2.64B | 1.57B | 1.46B | -2.94B | -1.13B | 1.66B | -463.00M | -5.76B |
| Net Income growth (YoY) | -48.70% | -5.19% | +67.81% | +7.89% | — | — | -168.30% | — | — | — |
| EPS (Basic) | 1.50 | 2.84 | 2.93 | 1.74 | 1.63 | -3.34 | -1.29 | 1.89 | — | -6.69 |
| EPS (Diluted) | 1.50 | 2.83 | 2.92 | 1.73 | 1.63 | -3.34 | -1.29 | 1.89 | -0.53 | -6.69 |
| Shares Outstanding (Basic) | 853.00M | 882.00M | 899.00M | 904.00M | 892.00M | 881.00M | 875.00M | 875.00M | 870.00M | 861.00M |
| Shares Outstanding (Diluted) | 853.00M | 883.00M | 902.00M | 908.00M | 892.00M | 881.00M | 875.00M | 877.00M | 870.00M | 861.00M |
| EBITDA | 3.40B | 4.90B | 5.08B | 3.65B | 2.70B | -1.38B | 1.18B | 4.07B | 2.93B | -5.27B |
| Gross Margin | — | — | — | — | — | — | — | — | 79.91% | 76.27% |
| Operating Margin | 10.19% | 16.66% | 17.74% | 13.34% | 11.77% | -16.86% | -2.00% | 10.28% | 6.66% | -42.61% |
| Net Margin | 5.78% | 10.90% | 11.46% | 7.74% | 9.53% | -20.39% | -5.05% | 6.90% | -2.25% | -36.27% |
This table shows 10 annual periods of Halliburton's income statement, from FY 2025 back to FY 2016, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow HAL's reporting calendar. What is a income statement?