Halliburton's Q1 2025 performance showed decreased revenue and income versus the previous year, but strong international tender wins and technological innovations marked strategic progress.
Halliburton announced Q4 2024 results with net income of $615 million, or $0.70 per diluted share, and revenue of $5.6 billion. The company's operating income was $932 million, and it generated $1.1 billion in free cash flow. Full year share repurchases amounted to $1 billion, and 60% of free cash flow was returned to shareholders.
Halliburton announced third quarter 2024 net income of $571 million, or $0.65 per diluted share. Total revenue for the third quarter of 2024 was $5.7 billion. Operating income was $871 million in the third quarter of 2024. Adjusted net income was $641 million, or $0.73 per diluted share.
Halliburton announced net income of $709 million, or $0.80 per diluted share, for the second quarter of 2024. Total revenue for the second quarter of 2024 was $5.8 billion, sequentially flat. Operating income was $1.0 billion in the second quarter of 2024, an increase of 5% sequentially.
Halliburton announced net income of $606 million, or $0.68 per diluted share, for the first quarter of 2024. Total revenue for the first quarter of 2024 was $5.8 billion, a 2% increase compared to the first quarter of 2023. The company repurchased $250 million of common stock during the quarter.
Halliburton announced Q4 2023 results with net income of $661 million, or $0.74 per diluted share. Adjusted net income, excluding losses in Argentina, was $769 million, or $0.86 per diluted share. Revenue was $5.7 billion, and operating income was $1.1 billion.
Halliburton announced Q3 2023 results with net income of $716 million, or $0.79 per diluted share, and total revenue of $5.8 billion. The company's operating income was $1.0 billion, reflecting a 3% increase compared to the previous quarter. Strong returns to shareholders were demonstrated by free cash flow of more than $500 million and repurchases of approximately $200 million of common stock and $150 million of debt during the quarter.
Halliburton reported net income of $610 million, or $0.68 per diluted share, for the second quarter of 2023. Total revenue for the second quarter of 2023 was $5.8 billion. Operating income was $1.0 billion in the second quarter of 2023.
Halliburton announced strong Q1 2023 results, with revenue increasing by 33% year-over-year and operating income growing by 91% compared to Q1 2022, driven by strong margin performance in both divisions.