Halliburton Company (NYSE:HAL) ended the year on a solid note, reporting higher fourth-quarter earnings and revenue as improved operating performance helped it beat Wall Street expectations.
The Houston-based company said fourth-quarter 2025 net income totaled $589 million, or 70 cents per diluted share. Excluding impairments, other charges, and tax-related adjustments, adjusted net income was $576 million, or 69 cents per diluted share.
Total revenue rose to $5.66 billion from $5.61 billion a year earlier. Operating income was $746 million, while adjusted operating income, excluding impairments and other charges, was $829 million. Operating margin was 13%, and adjusted operating margin was 15%.
Adjusted earnings of 69 cents per share topped analysts’ estimates of 55 cents, while quarterly revenue of $5.657 billion also exceeded the consensus forecast of $5.412 billion.
Segment Performance
Halliburton’s Completion and Production segment generated $3.27 billion …