Filing Flows › Halliburton (HAL) › Q2 2026
Halliburton (HAL) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 24, 2026
Halliburton (HAL) reported revenue of $5.7B for the second quarter 2026 (Q2 2026), +4% from a year earlier and +6% from the quarter before. Operating margin was 13.6%, net earnings $534M (9.3% of revenue).
Halliburton, Q2 2026: revenue $5.7B (+4% year over year), operating margin 13.6%, net earnings $534M, operating cash flow $824M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.7B | +6% | +4% |
| Operating profit | $778M | +15% | +7% |
| Net earnings | $534M | +16% | +13% |
| Operating cash flow | $824M | +202% | -8% |
| Free cash flow | $589M | +627% | +9% |
What changed
Revenue was $5.7B in Q2 2026, up 4% year over year and up 6% from the previous quarter. Services was the largest line at 72% of revenue. Services added $0.17B year over year (up 4%), 84% of the total change.
Operating profit was $0.78B, a 13.6% margin (up 0.4 points year over year). Of the extra revenue versus Q2 2025, 25% reached operating profit, above the 13% margin then. Total costs grew 3% against revenue growth of 4%. The fastest-growing cost line was General & admin (+25%). Net earnings were $0.53B, up 13% year over year. The effective tax rate was 19.0%.
Operating cash flow was $0.82B (down 8% year over year), 153% of net earnings. Non-cash charges added back $0.30B of depreciation and amortization. Capital expenditures of $0.23B left free cash flow of $0.59B.
Questions
What was Halliburton's revenue in the second quarter 2026?
Halliburton (HAL) reported revenue of $5.7B for the second quarter 2026 (Q2 2026), +4% from a year earlier and +6% from the quarter before.
Was Halliburton profitable in the second quarter 2026?
Operating profit was $778M (13.6% of revenue) and net earnings $534M.
Source: Halliburton 10-Q on SEC EDGAR.