Filing Flows › Weatherford International (WFRD) › Q2 2026 › vs Q2 2025
Weatherford International (WFRD) Q2 2026 vs Q2 2025 (year over year)
Weatherford International's revenue fell $99.0M (-8%) from $1.2B in Q2 2025 to $1.1B in Q2 2026. The biggest changes: Services −$56.0M (-8%); Products −$43.0M (-9%). Operating margin 9.7% against 19.7% (-10.0 pts).
Weatherford International, Q2 2026: revenue $1.1B (-8% year over year), operating margin 9.7%, net earnings $39.0M, operating cash flow $175M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 9.7% | 19.7% | -10.0 pts |
| Net margin | 3.5% | 11.3% | -7.8 pts |
| Free cash flow margin | 12.6% | 6.6% | +6.0 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Services | $676M | $732M | −$56.0M | -8% |
| Products | $429M | $472M | −$43.0M | -9% |
| Revenue | $1.1B | $1.2B | −$99.0M | -8% |
| Operating profit | $107M | $237M | −$130M | -55% |
| Costs & expenses | $998M | $967M | $31.0M | +3% |
| Pre-tax earnings | $75.0M | $191M | −$116M | -61% |
| Other expense, net | $32.0M | $46.0M | −$14.0M | -30% |
| Research & development | $20.0M | $30.0M | −$10.0M | -33% |
| SG&A | $172M | $164M | $8.0M | +5% |
| Other operating costs | $806M | $773M | $33.0M | +4% |
| Net earnings | $39.0M | $136M | −$97.0M | -71% |
| Minority interests | $3.0M | $9.0M | −$6.0M | -67% |
| Income tax | $33.0M | $46.0M | −$13.0M | -28% |
| Depreciation & amortization | $71.0M | $64.0M | $7.0M | +11% |
| Share-based compensation | $11.0M | $9.0M | $2.0M | +22% |
| Working capital & other | $54.0M | −$81.0M | $135M | — |
| Operating cash flow | $175M | $128M | $47.0M | +37% |
| Adjusted Free Cash Flow (company-reported) | $139M | $79.0M | $60.0M | +76% |
| Capital Expenditures for Property, Plant and Equipment, net | $36.0M | $49.0M | −$13.0M | -27% |
Questions
How much did Weatherford International's revenue grow year over year in Q2 2026?
Weatherford International's revenue fell $99.0M (-8%) from $1.2B in Q2 2025 to $1.1B in Q2 2026.
What drove Weatherford International's revenue change in Q2 2026?
Services −$56.0M (-8%); Products −$43.0M (-9%).