Halliburton Q3 net income falls to $18 million after $392 million in charges
Halliburton reported third quarter 2025 net income attributable to the company of $18 million, or $0.02 per diluted share, down from $472 million, or $0.55 per share, in the second quarter. Revenue rose to $5.6 billion from $5.5 billion, but the company recorded $392 million in impairments and other charges, including severance costs, and a $125 million tax valuation allowance. Excluding these items, adjusted net income was $496 million, or $0.58 per diluted share, compared with $0.73 a year earlier.
Key points
- Net income of $18 million, or $0.02 per diluted share, versus $0.55 in Q2 2025 and $0.65 in Q3 2024
- Adjusted net income of $496 million, or $0.58 per diluted share, versus $0.73 in Q3 2024
- Revenue of $5.6 billion; operating income of $356 million versus $727 million in Q2 2025
- Repurchased approximately $250 million of stock; the company cites estimated savings of $100 million per quarter
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing 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 October 21, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.