Filing Flows › Weatherford International (WFRD) › Q2 2026
Weatherford International (WFRD) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 22, 2026
Weatherford International (WFRD) reported revenue of $1.1B for the second quarter 2026 (Q2 2026), -8% from a year earlier and -4% from the quarter before. Operating margin was 9.7%, net earnings $39.0M (3.5% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | -4% | -8% |
| Operating profit | $107M | -13% | -55% |
| Net earnings | $39.0M | -64% | -71% |
| Operating cash flow | $175M | +29% | +37% |
| Free cash flow | $139M | — | +76% |
What changed
Revenue was $1.1B in Q2 2026, down 8% year over year and down 4% from the previous quarter. Services was the largest line at 61% of revenue. Services lost $0.06B year over year (down 8%), 57% of the total change.
Operating profit was $0.11B, a 9.7% margin (down 10.0 points year over year). Total costs grew 3% against a revenue fall of 8%. Net earnings were $0.04B, down 71% year over year. The effective tax rate was 44.0%.
Operating cash flow was $0.17B (up 37% year over year), 417% of net income including minority interests. Non-cash charges added back $0.07B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.05B. After capital Expenditures for Property, Plant and Equipment, net ($0.04B), adjusted free cash flow as the company reports it was $0.14B.
Questions
What was Weatherford International's revenue in the second quarter 2026?
Weatherford International (WFRD) reported revenue of $1.1B for the second quarter 2026 (Q2 2026), -8% from a year earlier and -4% from the quarter before.
Was Weatherford International profitable in the second quarter 2026?
Operating profit was $107M (9.7% of revenue) and net earnings $39.0M.