Weatherford International plc (WFRD) Income Statement
WFRD 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsWFRD revenue and net income
Where WFRD's revenue goes
2025Each bar shows an amount and its share of revenue. WFRD kept 8.8% of revenue as net income.
WFRD profit margins
WFRD growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −10.8% | +4.3% | +5.9% | −6.3% |
| Gross profit | −44.1% | −6.6% | +4.0% | −2.8% |
| Operating income | −19.4% | +22.4% | — | — |
| Net income | −14.8% | +155.0% | — | — |
| EPS (diluted) | −23.5% | +96.2% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
WFRD quarterly EPS vs estimates
Weatherford International beat the analyst EPS estimate in 5 of the last 8 quarters. Next report: October 20, 2026 (estimate $1.21).
WFRD income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.92B | $5.51B | $5.13B | $4.33B | $3.65B | $3.69B | $4.95B | $5.74B | $5.70B | $5.75B |
| Cost of revenue | $3.85B | $3.60B | $3.40B | $3.02B | $2.72B | $2.81B | $3.85B | $4.51B | $4.89B | $5.19B |
| Gross profit | $1.07B | $1.91B | $1.74B | $1.31B | $929.0M | $878.0M | $1.10B | $1.23B | $810.0M | $560.0M |
| Research & development | $108.0M | $123.0M | $112.0M | $90.0M | $85.0M | $97.0M | $136.0M | $139.0M | $158.0M | $159.0M |
| Sales, general & admin | $664.0M | $791.0M | $804.0M | $778.0M | $62.0M | — | $895.0M | $894.0M | $1.03B | $1.10B |
| Total operating expenses | $311.0M | $970.0M | $920.0M | $899.0M | $813.0M | $2.36B | $2.28B | $3.31B | $2.98B | $2.81B |
| Operating income | $756.0M | $938.0M | $820.0M | $412.0M | $116.0M | −$1.49B | −$1.18B | −$2.08B | −$2.13B | −$2.25B |
| Interest income | $46.0M | $56.0M | $59.0M | $31.0M | — | — | — | — | — | — |
| Interest expense | $137.0M | $158.0M | $182.0M | $210.0M | $260.0M | $251.0M | $362.0M | $614.0M | $579.0M | $499.0M |
| Income before taxes | $554.0M | $739.0M | $506.0M | $138.0M | −$343.0M | −$1.81B | $3.82B | −$2.76B | −$2.66B | −$2.88B |
| Income taxes | $97.0M | $189.0M | $57.0M | $87.0M | $86.0M | $85.0M | $135.0M | $34.0M | $137.0M | $496.0M |
| Net income | $431.0M | $506.0M | $417.0M | $26.0M | −$450.0M | −$1.92B | $3.66B | −$2.81B | −$2.81B | −$3.39B |
| EBITDA | $970.0M | $1.24B | $1.01B | $697.0M | $357.0M | −$1.06B | $4.63B | −$1.59B | −$1.28B | −$1.42B |
| EPS (diluted) | $5.21 | $6.81 | $5.69 | $0.69 | −$4.88 | −$7.10 | −$791.57 | −$850.96 | −$1447.53 | −$5490.65 |
| Gross margin | 21.7% | 34.6% | 33.9% | 30.3% | 25.5% | 23.8% | 22.2% | 21.4% | 14.2% | 9.7% |
| Operating margin | 15.4% | 17.0% | 16.0% | 9.5% | 3.2% | −40.3% | −23.9% | −36.3% | −37.4% | −39.2% |
| Net margin | 8.8% | 9.2% | 8.1% | 0.6% | −12.3% | −52.1% | 73.9% | −48.9% | −49.4% | −59.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.10B | $1.15B | $1.29B | $1.23B | $1.20B | $1.19B | $1.34B | $1.41B | $1.41B | $1.36B | $1.36B | $1.31B |
| Cost of revenue | $772.0M | $812.0M | $998.0M | $0 | $829.0M | $819.0M | $913.0M | $917.0M | $891.0M | $884.0M | $899.0M | $859.0M |
| Gross profit | $1.10B | $340.0M | $291.0M | $1.23B | $375.0M | $374.0M | $428.0M | $492.0M | $514.0M | $474.0M | $463.0M | $454.0M |
| Research & development | $20.0M | $21.0M | $22.0M | $27.0M | $30.0M | $29.0M | $28.0M | $33.0M | $31.0M | $31.0M | $29.0M | $30.0M |
| Sales, general & admin | $172.0M | $168.0M | $170.0M | $169.0M | $164.0M | $161.0M | $167.0M | $203.0M | $216.0M | — | — | — |
| Total operating expenses | $998.0M | $217.0M | $92.0M | $1.05B | $138.0M | $232.0M | $230.0M | $249.0M | $250.0M | $241.0M | $247.0M | $236.0M |
| Operating income | $107.0M | $123.0M | $199.0M | $178.0M | $237.0M | $142.0M | $198.0M | $243.0M | $264.0M | $233.0M | $216.0M | $218.0M |
| Interest income | $11.0M | $10.0M | $10.0M | $11.0M | $14.0M | $11.0M | $12.0M | $13.0M | $17.0M | — | — | — |
| Interest expense | $27.0M | $27.0M | $31.0M | $34.0M | $35.0M | $37.0M | $37.0M | $37.0M | $41.0M | $43.0M | $43.0M | $45.0M |
| Income before taxes | $75.0M | $105.0M | $128.0M | $139.0M | $191.0M | $96.0M | $169.0M | $178.0M | $210.0M | $182.0M | $149.0M | $164.0M |
| Income taxes | $33.0M | −$4.0M | −$11.0M | $52.0M | $46.0M | $10.0M | $45.0M | $12.0M | $73.0M | $59.0M | $2.0M | $33.0M |
| Net income | $39.0M | $108.0M | $138.0M | $81.0M | $136.0M | $76.0M | $112.0M | $157.0M | $125.0M | $112.0M | $140.0M | $123.0M |
| EBITDA | $173.0M | $192.0M | $245.0M | $240.0M | $290.0M | $195.0M | $233.0M | $304.0M | $337.0M | $310.0M | $167.0M | $292.0M |
| EPS (diluted) | $0.55 | $1.49 | $1.91 | $1.12 | $1.15 | $1.03 | $1.50 | $2.06 | $1.75 | $1.50 | $1.92 | $1.66 |
| Gross margin | 100.0% | 29.5% | 22.6% | 100.0% | 31.1% | 31.3% | 31.9% | 34.9% | 36.6% | 34.9% | 34.0% | 34.6% |
| Operating margin | 9.7% | 10.7% | 15.4% | 14.4% | 19.7% | 11.9% | 14.8% | 17.2% | 18.8% | 17.2% | 15.9% | 16.6% |
| Net margin | 3.5% | 9.4% | 10.7% | 6.6% | 11.3% | 6.4% | 8.4% | 11.1% | 8.9% | 8.2% | 10.3% | 9.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in WFRD's financial statements (latest annual report filed February 4, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
WFRD financial results
In fiscal year 2025 (ended December 31, 2025), Weatherford International reported revenue of $4.9 billion, down 10.8% from the year before. It had net income of $431.0 million (down 14.8%), a net profit margin of 8.8%. Diluted earnings per share came to $5.21. Over five years revenue grew at an average rate of 5.9% a year.
See the WFRD stock overview for the latest quote and news, or the WFRD chart for price history and technical indicators.
WFRD income statement FAQ
What is Weatherford International's annual revenue?
Weatherford International reported total revenue of $4.9 billion for fiscal year 2025, which ended on December 31, 2025. That was down 10.8% from $5.5 billion the previous year.
Is Weatherford International profitable?
Yes. Weatherford International reported net income of $431.0 million in fiscal 2025, a net profit margin of 8.8%; its operating margin was 15.4%.
What is Weatherford International's gross margin?
Weatherford International's gross margin was 21.7% in fiscal 2025: for every $100 of revenue, Weatherford International kept $22 after the direct cost of its products and services.
How much does Weatherford International spend on research and development?
Weatherford International spent $108.0 million on research and development in fiscal 2025, 2.2% of revenue.
How fast is Weatherford International growing?
Revenue grew 5.9% a year on average over the last five fiscal years, from $3.7 billion to $4.9 billion.
What are Weatherford International's earnings per share?
Weatherford International earned $5.21 per diluted share in fiscal 2025, compared with $6.81 a year earlier.
When will Weatherford International report its next earnings?
Weatherford International is expected to report results for the quarter ending September 30, 2026 on October 20, 2026 after the market closes.
When does Weatherford International's fiscal year end?
Weatherford International's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 4, 2026.