Filing Flows › Weatherford International (WFRD) › Q1 2025
Weatherford International (WFRD) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 23, 2025
Weatherford International (WFRD) reported revenue of $1.2B for the first quarter 2025 (Q1 2025), -12% from a year earlier and -11% from the quarter before. Operating margin was 11.9%, net earnings $76.0M (6.4% of revenue).
Weatherford International, Q1 2025: revenue $1.2B (-12% year over year), operating margin 11.9%, net earnings $76.0M, operating cash flow $142M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | -11% | -12% |
| Operating profit | $142M | -28% | -39% |
| Net earnings | $76.0M | -32% | -32% |
| Operating cash flow | $142M | -43% | +8% |
| Free cash flow | $66.0M | — | -20% |
What changed
Revenue was $1.2B in Q1 2025, down 12% year over year and down 11% from the previous quarter. Services was the largest line at 62% of revenue. Services lost $0.12B year over year (down 14%), 75% of the total change.
Operating profit was $0.14B, a 11.9% margin (down 5.3 points year over year). Total costs fell 7% while revenue fell 12%. Net earnings were $0.08B, down 32% year over year. The effective tax rate was 10.4%.
Operating cash flow was $0.14B (up 8% year over year), 165% of net income including minority interests. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.01B. After capital Expenditures for Property, Plant and Equipment, net ($0.08B), adjusted free cash flow as the company reports it was $0.07B.
Questions
What was Weatherford International's revenue in the first quarter 2025?
Weatherford International (WFRD) reported revenue of $1.2B for the first quarter 2025 (Q1 2025), -12% from a year earlier and -11% from the quarter before.
Was Weatherford International profitable in the first quarter 2025?
Operating profit was $142M (11.9% of revenue) and net earnings $76.0M.