Filing Flows › Halliburton (HAL) › Q3 2026 › vs Q3 2025
Halliburton (HAL) Q3 2026 vs Q3 2025 (year over year)
Halliburton's revenue rose $103M (+2%) from $5.6B in Q3 2025 to $5.7B in Q3 2026. The biggest changes: Services +$66.0M (+2%); Product sales +$37.0M (+2%). Operating margin 10.9% against 6.4% (+4.6 pts).
Halliburton, Q3 2026: revenue $5.7B (+2% year over year), operating margin 10.9%, net earnings $419M, operating cash flow $368M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 10.9% | 6.4% | +4.6 pts |
| Net margin | 7.3% | 0.4% | +7.0 pts |
| Free cash flow margin | 1.8% | 4.1% | -2.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Services | $4.1B | $4.0B | $66.0M | +2% |
| Product sales | $1.6B | $1.6B | $37.0M | +2% |
| Revenue | $5.7B | $5.6B | $103M | +2% |
| Operating profit | $624M | $356M | $268M | +75% |
| Costs & expenses | $5.1B | $5.2B | −$165M | -3% |
| Pre-tax earnings | $513M | $219M | $294M | +134% |
| Other expense, net | $111M | $137M | −$26.0M | -19% |
| General & admin | $67.0M | $58.0M | $9.0M | +16% |
| Other operating costs | $5.0B | $5.2B | −$174M | -3% |
| Net earnings | $419M | $20.0M | $399M | 21× |
| Income tax | $94.0M | $199M | −$105M | -53% |
| Depreciation & amortization | $296M | $285M | $11.0M | +4% |
| Working capital & other | $347M | −$183M | $530M | — |
| Operating cash flow | $368M | $488M | −$120M | -25% |
| Free cash flow (OCF − capex) | $102M | $227M | −$125M | -55% |
| Capital expenditures | $266M | $261M | $5.0M | +2% |
Questions
How much did Halliburton's revenue grow year over year in Q3 2026?
Halliburton's revenue rose $103M (+2%) from $5.6B in Q3 2025 to $5.7B in Q3 2026.
What drove Halliburton's revenue change in Q3 2026?
Services +$66.0M (+2%); Product sales +$37.0M (+2%).