How does Halliburton (HAL) make money?

Halliburton (HAL) generates revenue primarily from Completion And Production, which accounted for 57.2% of total revenue in TTM through Q1 2026. The company reported $22.17B in revenue and converted 6.9% of it into net profit, equivalent to roughly $1.54B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Halliburton (HAL)?

Halliburton (HAL) reported a gross profit margin of 15.3% in TTM through Q1 2026, equivalent to $3.40B in gross profit on $22.17B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Halliburton (HAL)?

Halliburton (HAL) reported an operating profit margin of 11.3% in TTM through Q1 2026, equivalent to $2.51B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Halliburton (HAL)?

Halliburton (HAL) reported a net profit margin of 6.9% in TTM through Q1 2026, equivalent to $1.54B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Halliburton (HAL) profitable?

Yes. Halliburton (HAL) reported $1.54B in net income for TTM through Q1 2026, with a net profit margin of 6.9%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Halliburton (HAL) invest in research and development?

Halliburton (HAL) invested $411.00M in research and development during TTM through Q1 2026, roughly 1.9% of total revenue. R&D spending funds the company's future product pipeline and is expensed in full on the income statement rather than capitalised, which makes the operating margin sensitive to how aggressively management chooses to reinvest in innovation.

How much does Halliburton (HAL) spend on capital expenditures?

Halliburton (HAL) spent $1.14B on capital expenditures (CapEx) during TTM through Q1 2026, roughly 5.2% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Halliburton (HAL) generate?

Halliburton (HAL) generated $1.68B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 7.6%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Halliburton (HAL)?

Halliburton (HAL) had an effective tax rate of 23.6% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Halliburton (HAL)?

Halliburton (HAL) reports revenue across 2 reportable product segments, led by Completion And Production at 57.2% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

Where does Halliburton (HAL) generate most of its revenue?

North America is the largest geographic market for Halliburton (HAL), accounting for 40.4% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How Halliburton Makes Money: 2026 Visual Revenue Map

Halliburton (HAL) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 24, 2026).

Halliburton (HAL) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Halliburton (HAL) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Completion And Production	$12.68B	57.2%
Drilling And Evaluation	$9.49B	42.8%
Total	$22.17B	100%

Completion And Production$12.68B
Drilling And Evaluation$9.49B
Total$22.17B

Halliburton (HAL) Revenue by Geography — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for Halliburton (HAL), TTM through Q1 2026
Region	Revenue (USD)	% of total
North America	$8.97B	40.4%
Middle East/Asia	$5.64B	25.4%
Latin America	$4.13B	18.6%
Europe/Africa/CIS	$3.43B	15.5%
Total	$22.17B	100%

North America
Middle East/Asia
Latin America
Europe/Africa/CIS
Total

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Halliburton (HAL) reports revenue across 2 operating segments; the largest segment was Completion And Production at 57.2%, followed by Drilling And Evaluation (42.8%). Separately, by end-market geography, North America accounted for 40.4% of revenue, followed by Middle East/Asia (25.4%) and Latin America (18.6%).

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