Halliburton (HAL) Cost of Revenue (2009 - 2026)
Halliburton (HAL) posted quarterly Cost of Revenue of $3.6 billion for Q2 2026, up 5.25% year-over-year from $3.4 billion in Q2 2025, and up 7.28% quarter-over-quarter from $3.4 billion in Q1 2026.
Halliburton (HAL) Cost of Revenue (2009 - 2026) Analysis & Trends
Halliburton (HAL) has reported Cost of Revenue for 18 consecutive years, with $3.6 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Cost of Revenue rose 5.25% year-over-year to $3.6 billion; the TTM figure through Jun 2026 stood at $13.9 billion (up 3.96% YoY), while the FY2025 annual figure was $13.6 billion, up 1.05% from the prior year.
- Cost of Revenue improved to $3.6 billion in Q2 2026 per HAL's latest filing, from $3.4 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $3.6 billion in Q2 2026 and bottomed at $2.7 billion in Q1 2022.
- Historically, Cost of Revenue has averaged $3.3 billion across 5 years, with a median of $3.4 billion in 2024.
- Annual changes were most pronounced in 2022 — Cost of Revenue surged 31.78% — and 2025, when it dropped 4.14%.
- Halliburton's Cost of Revenue stood at $3.3 billion in 2022, then retreated by 1.43% to $3.2 billion in 2023, then advanced by 0.43% to $3.3 billion in 2024, then climbed by 4.5% to $3.4 billion in 2025, then rose by 5.86% to $3.6 billion in 2026.
- Business Quant data shows HAL's Cost of Revenue at $3.6 billion in Q2 2026, $3.4 billion in Q1 2026, and $3.4 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 4.34 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 5.16 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 1,981.97 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 1.36 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 3.61 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 1.61 Bn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 443.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 144.36 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 126.73 Mn |
| 10 | Oceaneering International | 5.28 Bn | 4.65 Bn | 156.98 Mn | 611.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.61 Bn |
| Jun 30, 2026 | 3.61 Bn |
| Mar 31, 2026 | 3.37 Bn |
| Mar 31, 2026 | 3.37 Bn |
| Dec 31, 2025 | 3.41 Bn |
| Dec 31, 2025 | 3.41 Bn |
| Sep 30, 2025 | 3.48 Bn |
| Sep 30, 2025 | 3.48 Bn |
| Jun 30, 2025 | 3.43 Bn |
| Jun 30, 2025 | 3.43 Bn |
| Mar 31, 2025 | 3.29 Bn |
| Mar 31, 2025 | 3.29 Bn |
| Dec 31, 2024 | 3.26 Bn |
| Dec 31, 2024 | 3.26 Bn |
| Sep 30, 2024 | 3.36 Bn |
| Sep 30, 2024 | 3.36 Bn |
| Jun 30, 2024 | 3.42 Bn |
| Jun 30, 2024 | 3.42 Bn |
| Mar 31, 2024 | 3.43 Bn |
| Mar 31, 2024 | 3.43 Bn |