Halliburton (HAL) Cost of Revenue (2009 - 2026)
Halliburton (HAL) reported Cost of Revenue of $3.4 billion for Q1 2026, up 168.85% year-over-year from $1.3 billion in Q1 2025, and up 155.78% quarter-over-quarter from $1.3 billion in Q4 2025.
Halliburton (HAL) Cost of Revenue (2009 - 2026) Analysis & Trends
Halliburton (HAL) has 18 years of Cost of Revenue data on file, last reported at $3.4 billion in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $3.4 billion, up 168.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $11.6 billion (up 126.0% YoY), and the FY2025 annual result was $5.1 billion, down 1.62% from the prior year.
- Cost of Revenue climbed to $3.4 billion in Q1 2026 per HAL's latest filing, from $1.3 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $9.5 billion in Q4 2023 and troughed at $1.2 billion in Q2 2022.
- A 5-year average of $2.5 billion and a median of $1.3 billion in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2023 and 2024: Cost of Revenue jumped 661.99% in 2023, then sank 86.11% in 2024.
- A 5-year view of Cost of Revenue shows it stood at $1.2 billion in 2022, then jumped by 661.99% to $9.5 billion in 2023, then tumbled by 86.11% to $1.3 billion in 2024, then fell by 0.3% to $1.3 billion in 2025, then jumped by 155.78% to $3.4 billion in 2026.
- Business Quant data shows HAL's Cost of Revenue at $3.4 billion in Q1 2026, $1.3 billion in Q4 2025, and $3.5 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 4.05 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 5.07 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 3.37 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 1.01 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 1.67 Bn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 276.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 126.34 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 122.88 Mn |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | 843.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.37 Bn |
| Mar 31, 2026 | 3.37 Bn |
| Dec 31, 2025 | 1.32 Bn |
| Dec 31, 2025 | 1.32 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 | 1.25 Bn |
| Mar 31, 2025 | 1.25 Bn |
| Dec 31, 2024 | 1.32 Bn |
| Dec 31, 2024 | 1.32 Bn |
| Sep 30, 2024 | 1.27 Bn |
| Sep 30, 2024 | 1.27 Bn |
| Jun 30, 2024 | 1.29 Bn |
| Jun 30, 2024 | 1.29 Bn |
| Mar 31, 2024 | 1.29 Bn |
| Mar 31, 2024 | 1.29 Bn |
| Dec 31, 2023 | 9.50 Bn |
| Dec 31, 2023 | 9.50 Bn |