Halliburton's first quarter 2026 results beat estimates, as international growth offsets North American softness.

Halliburton reported first quarter 2026 revenue of $5.4 billion and diluted EPS of $0.55, beating consensus estimates. The results were driven by strong growth in international markets, which compensated for a decline in North American activity.

Key Highlights

• International revenue increased 3% year-over-year to $3.3 billion, led by a 22% revenue surge in Latin America and 11% growth in Europe/Africa.
• North America revenue declined 4% year-over-year to $2.1 billion, impacted by lower stimulation activity in US Land.
• The Drilling and Evaluation division saw revenue grow 4% to $2.4 billion, while the Completion and Production division's revenue decreased 3% to $3.0 billion.
• The company repurchased approximately $100 million of its common stock during the quarter.