Halliburton Q1 net income falls to $204 million, $0.24 per share, on $356 million charge
Halliburton reported first-quarter 2025 results, with revenue of $5.4 billion, down from $5.8 billion a year earlier. Net income fell to $204 million, or $0.24 per diluted share, from $606 million, or $0.68, in the first quarter of 2024, after a $356 million pre-tax charge for severance, asset impairments and other items.
Key points
- Revenue was $5.4 billion, compared with $5.8 billion in Q1 2024.
- Net income was $204 million, or $0.24 per diluted share, versus $606 million, or $0.68, a year earlier.
- Adjusted net income per diluted share was $0.60, compared with $0.76 in Q1 2024; the $356 million charge was excluded from the adjusted figure.
- Halliburton repurchased approximately $250 million of its common stock and paid dividends of $0.17 per share during the quarter.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 22, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.