Halliburton posts Q3 2026 earnings beat and projects mid‑single‑digit revenue growth with ~15% margins in 2027
Halliburton reported third‑quarter 2026 revenue of $5.7 billion, up 2% year‑on‑year, and net income of $417 million, or $0.50 per diluted share (GAAP) and $0.60 adjusted per share. Operating margin was 10.9% on a GAAP basis and 12.8% on an adjusted basis, with free cash flow of $156 million. CEO Jeff Miller said the company expects mid‑single‑digit revenue growth and about a 15% operating margin in 2027, driven by international demand and cost‑saving initiatives, while repurchasing $250 million of stock and paying a $0.17 dividend per share.
Why it matters
The earnings beat and higher‑than‑expected revenue lifted Halliburton’s share price in pre‑market trading (e.g., a 3‑4% rise reported in several sources). The 2027 outlook of mid‑single‑digit growth and a 200‑basis‑point margin expansion signals potential upside for investors seeking exposure to oilfield services.
Key facts
- 1Q3 2026 revenue was $5.7 billion. stocktitan.net
- 2GAAP net income was $417 million, or $0.50 per diluted share. tradingview.com
- 3Adjusted net income was $501 million, or $0.60 per diluted share. tradingview.com
- 4GAAP operating margin was 10.9%. stocktitan.net
- 5Adjusted operating margin was 12.8%. stocktitan.net
- 6Free cash flow was $156 million. stocktitan.net
Summary written by AlphAI AI Desk from 18 of 18 sources. Not investment advice. Figures are as stated by the linked sources.