Halliburton Company Q2 2026 Financial Report: Detailed Investor Analysis
Executive Summary
Halliburton Company has released its quarterly report for the period ending June 30, 2026. The company continues to demonstrate strong financial performance, with robust net income, solid operating earnings, and consistent dividend payouts. Investors should pay close attention to the company’s profitability trends, earnings per share, and shareholder equity as these factors are vital to share value and could influence the stock price.
Key Financial Highlights
- Net income for Q2 2026: \$1,002 million, up significantly from \$683 million in Q2 2025.
- Earnings per share (EPS) diluted: \$1.19 for Q2 2026, compared to \$0.78 in Q2 2025.
- Basic EPS: \$1.19 for Q2 2026, \$0.78 in Q2 2025.
- Operating income: \$1,457 million for Q2 2026, up from \$727 million in Q2 2025.
- Dividend declared: \$0.17 per share for Q2 2026, unchanged from previous quarters.
- Common stock outstanding: 833,130,367 shares as of July 17, 2026.
- Total assets: \$25,828 million at June 30, 2026, up from \$25,010 million at December 31, 2025.
- Comprehensive income: \$1,022 million for Q2 2026, compared to \$680 million in Q2 2025.
- Company remains a large accelerated filer, not a smaller reporting company or emerging growth company.
Detailed Financials
Condensed Consolidated Statements of Operations (in millions)
| Metric | Q2 2026 | Q2 2025 |
|---|---|---|
| Net Income | \$1,002 | \$683 |
| Operating Income | \$1,457 | \$727 |
| Net Income Attributable to Company | \$534 | \$676 |
| Comprehensive Income | \$1,022 | \$680 |
| Basic and Diluted EPS | \$1.19 | \$0.78 |
| Dividend per Share | \$0.17 | \$0.17 |
Balance Sheet Highlights (in millions)
| Metric | June 30, 2026 | Dec 31, 2025 |
|---|---|---|
| Total Assets | \$25,828 | \$25,010 |
| Other Assets (Noncurrent) | \$2,403 | \$2,177 |
| Common Stock Outstanding | 833,130,367 | — |
Shareholder Information and Potential Price Sensitivity
- Significant profit growth: Halliburton’s net income and EPS have surged year-over-year. This may boost investor confidence and is likely to be price sensitive.
- Consistent dividends: The company continues to pay a quarterly dividend of \$0.17 per share, signaling financial stability and shareholder returns.
- Large accelerated filer status: Halliburton remains a large accelerated filer, indicating compliance and maturity as a reporting entity.
- Share count: The number of common shares outstanding is unchanged, with no evidence of dilution, which is positive for current shareholders.
- No restructuring or impairment provisions: The report shows zero restructuring, settlement, or impairment charges for the quarter, suggesting operational stability.
- Strong asset base: Total assets have increased, reflecting continued growth and investment capacity.
- No defaults or unregistered sales: No defaults upon senior securities or unregistered sales of equity, indicating financial discipline and compliance.
- Price sensitivity: The substantial year-over-year increase in net income and EPS, coupled with asset growth, is likely to impact share value positively.
Other Notable Information
- Halliburton is not an emerging growth company or a shell company, confirming its status as a mature, stable business.
- The company’s shares are traded under the symbol HAL on the New York Stock Exchange.
- The par value of common stock remains at \$2.50 per share.
- The report includes detailed sections on executive overview, liquidity and capital resources, business environment, and market risk disclosures, indicating transparency and comprehensive reporting.
Potential Risks & Considerations
- While the report shows strong performance, investors should monitor future quarters for any signs of market or operational volatility.
- Ongoing compliance and regulatory filings remain crucial, and any changes in these statuses could affect share value.
