Halliburton (HAL) Cost of Revenue (2009 - 2026)
Halliburton's (HAL) quarterly Cost of Revenue came in at $3.4 billion in Q1 2026, up 2.43% year-on-year from $3.3 billion in Q1 2025, and up 155.78% on a QoQ basis 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.
- On a quarterly basis, Cost of Revenue rose 2.43% year-over-year to $3.4 billion in Q1 2026; TTM through Mar 2026 was $11.6 billion, a 298.9% increase from a year earlier, with the FY2025 full-year figure at $5.1 billion, down 1.62% from the prior year.
- Cost of Revenue for Q1 2026 stood at $3.4 billion, up from $1.3 billion in the prior quarter.
- Over the last five years, Cost of Revenue for HAL reached as high as $3.5 billion in Q3 2025 and fell as low as -$5.0 billion in Q4 2024.
- Historically, Cost of Revenue has averaged $2.0 billion across 5 years, with a median of $2.7 billion in 2022.
- Across the five-year window, Cost of Revenue surged 246.55% in 2022 and slumped 254.86% in 2024, its largest moves.
- Year by year, Cost of Revenue stood at $1.2 billion in 2022, then jumped by 160.63% to $3.2 billion in 2023, then slumped by 254.86% to -$5.0 billion in 2024, then surged by 126.15% to $1.3 billion in 2025, then jumped by 155.78% to $3.4 billion in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $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 | 78.08 Bn | 74.69 Bn | 5.38 Bn | 3.34 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 2.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 855.20 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 3.37 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 1.67 Bn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 329.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 126.34 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 565.16 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 122.88 Mn |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 166.19 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 | 3.29 Bn |
| Mar 31, 2025 | 3.29 Bn |
| Dec 31, 2024 | -5.03 Bn |
| Dec 31, 2024 | -5.03 Bn |
| Sep 30, 2024 | 3.36 Bn |
| Sep 30, 2024 | 3.36 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 | 3.25 Bn |
| Dec 31, 2023 | 3.25 Bn |