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Halliburton (HAL) operating margin by quarter

Halliburton's operating margin was 10.9% in Q3 2026 (third quarter 2026), -2.7 pts from Q2 2026. Over the last 7 quarters it ranged from 6.4% (Q3 2025) to 13.6% (Q2 2026).

Halliburton operating margin by quarterHalliburton operating margin by quarter8.0%Q1 202513.2%Q2 20256.4%Q3 202513.2%Q4 202512.6%Q1 202613.6%Q2 202610.9%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202610.9%-2.7 pts+4.6 pts
Q2 202613.6%+1.0 pts+0.4 pts
Q1 202612.6%-0.6 pts+4.6 pts
Q4 202513.2%+6.8 pts—
Q3 20256.4%-6.8 pts—
Q2 202513.2%+5.2 pts—
Q1 20258.0%——

Q3 2026 at a glance

Halliburton, Q3 2026: revenue $5.7B (+2% year over year), operating margin 10.9%, net earnings $419M, operating cash flow $368M. The chart follows the revenue to costs, profit and cash.

Questions

What is Halliburton's operating margin?

Halliburton's operating margin was 10.9% in Q3 2026 (third quarter 2026), -2.7 pts from Q2 2026.

How has Halliburton's operating margin changed?

Over the last 7 quarters it ranged from 6.4% (Q3 2025) to 13.6% (Q2 2026).

Q3 2026 results → · How Halliburton makes money →