HALLIBURTON CO
For the period ended Mar 31, 2025. Filed Apr 25, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed Apr 25, 2025
HAL$31.86-0.1%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations
| Three Months Ended | ||
|---|---|---|
| March 31, | ||
| Millions of dollars and shares except per share data | 2025 | 2024 |
| Revenue: | ||
| Services | $3,809 | $4,146 |
| Product sales | 1,608 | 1,658 |
| Total revenue | 5,417 | 5,804 |
| Operating costs and expenses: | ||
| Cost of services | 3,286 | 3,428 |
| Cost of sales | 1,252 | 1,294 |
| Impairments and other charges | 356 | — |
| General and administrative | 62 | 61 |
| SAP S4 upgrade expense | 30 | 34 |
| Total operating costs and expenses | 4,986 | 4,817 |
| Operating income | 431 | 987 |
| Interest expense, net of interest income of $25 and $22 | (86) | (92) |
| Other, net | (39) | (108) |
| Income before income taxes | 306 | 787 |
| Income tax provision | (103) | (178) |
| Net income | $203 | $609 |
| Net (income) loss attributable to noncontrolling interest | 1 | (3) |
| Net income attributable to company | $204 | $606 |
| Basic and diluted net income per share | $0.24 | $0.68 |
| Basic weighted average common shares outstanding | 866 | 889 |
| Diluted weighted average common shares outstanding | 866 | 891 |
| See notes to condensed consolidated financial statements. | ||
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