Halliburton announced on October 21, 2025 that it earned net income of $18 million, or $0.02 per diluted share, for the third quarter of 2025. Total revenue for the quarter was $5.6 billion, up from $5.5 billion in the second quarter, while operating income fell to $356 million from $727 million. Adjusted operating income for the quarter was $748 million, and adjusted net income was $496 million, or $0.58 per diluted share.
The company’s two operating segments posted the following results: Completion and Production generated $3.2 billion in revenue and $514 million in operating income; Drilling and Evaluation produced $2.4 billion in revenue and $348 million in operating income. North America revenue was $2.4 billion, while international revenue remained flat at $3.2 billion. The company noted that higher completion tool sales and increased artificial lift activity in North America offset lower activity in other regions.
CEO Jeff Miller said the company delivered a 13% adjusted operating margin and that it had taken steps to deliver $100 million in quarterly savings, reset its 2026 capital budget, and idle equipment that no longer meets return expectations. The announcement marks Halliburton’s latest quarterly earnings release and provides investors with updated financial performance and management guidance.
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