Weatherford International (WFRD) Research & Development (2013 - 2026)
Weatherford International (WFRD) reported Research & Development of $21.0 million for Q1 2026, down 27.59% on a YoY basis from $29.0 million in Q1 2025, and down 4.55% quarter-over-quarter from $22.0 million in Q4 2025.
Weatherford International (WFRD) Research & Development (2013 - 2026) Analysis & Trends
Weatherford International has reported Research & Development for 14 years, with the latest figure at $21.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 27.59% year-over-year to $21.0 million; the trailing twelve-month figure through Mar 2026 stood at $100.0 million (down 17.36% YoY), and the FY2025 full-year result was $108.0 million, down 12.2% from the prior year.
- Research & Development for Q1 2026 stood at $21.0 million, down from $22.0 million in the prior quarter.
- The five-year high for Research & Development was $33.0 million in Q3 2024, with the low at $21.0 million in Q1 2022.
- Historically, Research & Development has averaged $26.7 million across 5 years, with a median of $27.0 million in 2023.
- Annual changes were most pronounced in 2023 — Research & Development soared 30.43% — and 2026, when it declined 27.59%.
- Weatherford International's Research & Development stood at $24.0 million in 2022, then increased by 20.83% to $29.0 million in 2023, then slipped by 3.45% to $28.0 million in 2024, then slipped by 21.43% to $22.0 million in 2025, then decreased by 4.55% to $21.0 million in 2026.
- The last three Research & Development figures came in at $21.0 million (Q1 2026), $22.0 million (Q4 2025), and $27.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 164.00 Mn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 133.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | - |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 17.80 Mn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | - |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 21.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | - |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | - |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.00 Mn |
| Dec 31, 2025 | 22.00 Mn |
| Sep 30, 2025 | 27.00 Mn |
| Jun 30, 2025 | 30.00 Mn |
| Mar 31, 2025 | 29.00 Mn |
| Dec 31, 2024 | 28.00 Mn |
| Sep 30, 2024 | 33.00 Mn |
| Jun 30, 2024 | 31.00 Mn |
| Mar 31, 2024 | 31.00 Mn |
| Dec 31, 2023 | 29.00 Mn |
| Sep 30, 2023 | 30.00 Mn |
| Jun 30, 2023 | 27.00 Mn |
| Mar 31, 2023 | 26.00 Mn |
| Dec 31, 2022 | 24.00 Mn |
| Sep 30, 2022 | 23.00 Mn |
| Jun 30, 2022 | 22.00 Mn |
| Mar 31, 2022 | 21.00 Mn |
| Dec 31, 2021 | 22.00 Mn |
| Sep 30, 2021 | 21.00 Mn |
| Jun 30, 2021 | 21.00 Mn |