Weatherford International plc (WFRD)
Nasdaq: WFRD · Oil & Gas Field Machinery & Equipment · Houston, TX · filing with the SEC since 2014
Grade4.1
◀ Past 2.8● Present 4.7▶ Future 4.5
Income statement, as filed
In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
| Report filed | Feb 4, 2026 | Feb 6, 2025 | Feb 7, 2024 | Feb 8, 2023 | Feb 17, 2022 | Feb 19, 2021 | Mar 16, 2020 | Feb 15, 2019 | Feb 14, 2018 | Feb 15, 2017 |
| Revenue | 4,918 | 5,513 | 5,135 | 4,331 | 3,645 | 3,685 | 4,954 | 5,744 | 5,699 | 5,749 |
| For lenders | ||||||||||
| Interest and dividend income | 46 | 56 | 59 | 31 | 20 | · | · | · | · | · |
| Cost of revenue | · | · | · | · | · | · | · | · | 2,142 | 2,143 |
| Gross profit | · | · | · | · | · | · | 1,101 | 1,230 | 810 | 560 |
| Research and development | 108 | 123 | 112 | 90 | 85 | 97 | · | 139 | 158 | 159 |
| General and administrative | · | · | · | · | · | · | · | 130 | 130 | 138r |
| Total costs and expenses | 4,162 | 4,575 | 4,315 | 3,919 | 3,529 | 5,171 | · | 7,828 | 7,869r | 7,994r |
| Operating income | 756 | 938 | 820 | 412 | 116 | -1,486 | · | -2,084 | -2,170r | -2,245r |
| Interest income (expense), net | -91 | -102 | -123 | -179 | -260 | -251r | · | -614 | -579 | -499 |
| Share of profit of equity-method investments | · | · | · | · | · | · | · | 0 | 0 | 0 |
| Other income (expense), net | -70 | -78r | -129 | -95r | -29 | -62r | · | -59r | 7r | -30r |
| Income before income taxes | 554 | 739 | 506 | 138 | -343 | -1,814 | · | -2,757 | -2,656 | -2,877 |
| Income tax expense | 97 | 189 | 57 | 87 | 86 | 85 | · | 34 | 137 | 496 |
| Net income including non-controlling interests | 457 | 550 | 449 | 51 | -429 | -1,899 | · | -2,791 | -2,793 | -3,373 |
| Net income to non-controlling interests | 26 | 44 | 32 | 25 | 21 | 22 | · | 20 | 20 | 19 |
| Net income | 431 | 506 | 417 | 26 | -450 | -1,921 | 3,661 | -2,811 | -2,813 | -3,392 |
| Earnings per share, basic | 5.96 | 6.93 | 5.79 | 0.37 | -6.43 | -27.44 | · | · | · | -3.82 |
| Earnings per share, diluted | 5.93 | 6.75 | 5.66 | 0.36 | -6.43 | -27.44 | · | · | · | -3.82 |
| Earnings per share, basic and diluted | · | · | · | · | -6.43 | -27.44 | 3.65 | -2.82 | -2.84 | -3.82 |
| Weighted average shares, basic | 72.2 | 73.0 | 71.9r | 70.5r | 70.0 | 70.0 | · | · | · | 887.0 |
| Weighted average shares, diluted | 72.6 | 74.9 | 73.6r | 71.6r | 70.0 | 70.0 | 1,004.0 | 997.0 | 990.0 | 887.0 |
| Weighted average shares, basic and diluted | · | · | · | · | 70.0 | 70.0 | · | 997.0 | 990.0 | 887.0 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
us-gaap:Revenues
us-gaap:SalesRevenueNetInterest and dividend income what its loans and securities earned
us-gaap:InterestIncomeOperatingCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsSoldGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:CostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest income (expense), net interest earned less interest paid, outside the business
us-gaap:InterestIncomeExpenseNonoperatingNetShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedEarnings per share, basic and diluted net income per share, where both counts are the same
us-gaap:EarningsPerShareBasicAndDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstandingWeighted average shares, basic and diluted the average count, where both counts are the same
us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted