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Weatherford International plc 10-Q Filings

WFRD NASDAQ

Every 10-Q that Weatherford International plc (WFRD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow WFRD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WFRD filings page.

Rhea-AI Summary

Weatherford International reported weaker results for the quarter ended June 30, 2026. Total revenue was $1.105 billion, down from $1.204 billion a year earlier, with services and products both declining. Operating income fell to $107 million from $237 million, reflecting lower activity, especially in Middle East/North Africa/Asia and North America, and the absence of a prior-year $70 million gain on an Argentina business sale.

Net income attributable to Weatherford was $39 million versus $136 million, and diluted EPS was $0.55 compared with $1.87. For the first six months, revenue was $2.257 billion (down from $2.397 billion) and net income attributable to Weatherford was $147 million (down from $212 million). PRI margins improved, while DRE and WCC earnings softened.

Liquidity remained solid with cash and cash equivalents of $1.1 billion and long-term debt of $1.45 billion, alongside operating cash flow of $311 million in the first half and capital expenditures of $96 million. Weatherford returned capital via $40 million in dividends and $26 million of share repurchases and outlined plans for a proposed redomestication to Delaware and the pending acquisition of NCS Multistage Holdings.

Rhea-AI Summary

Weatherford International reported mixed first‑quarter 2026 results, with revenue slipping to $1.15 billion from $1.19 billion a year earlier, mainly on divestitures and Middle East disruption linked to the Iran conflict. Despite lower sales and a 13% drop in operating income to $123 million, net income attributable to Weatherford rose to $108 million from $76 million, lifting diluted EPS to $1.49 from $1.03, helped by lower interest expense and restructuring costs.

Cash from operations was a solid $136 million, supporting $54 million of capital spending, $20 million of dividends and $10 million of share repurchases. The company ended the quarter with $1.01 billion in cash and no borrowings on its $1 billion credit facility, against long‑term notes of about $1.42 billion. Management highlighted geopolitical risks in Iran and Russia, but expects activity to improve in the second half of 2026 if conditions stabilize, and is pursuing a planned redomestication of its parent company from Ireland to Texas.

Rhea-AI Summary

Weatherford International (WFRD) reported lower third-quarter results. Revenue was $1.232 billion, down 13% year over year, with operating income of $178 million versus $243 million a year ago. Net income attributable to Weatherford was $81 million and diluted EPS was $1.12 compared to $2.06. Management cited softer activity across regions and product lines, with Latin America contributing most of the decline.

By segment, DRE revenue fell 20% with segment adjusted EBITDA of $83 million; WCC revenue declined 8% with segment adjusted EBITDA of $125 million; and PRI revenue decreased 12% with segment adjusted EBITDA of $59 million. Cash and cash equivalents were $967 million; long‑term debt (2030 notes) carried at $1.526 billion as of September 30, 2025. Subsequent to quarter-end, the company issued $1.2 billion of 6.75% senior notes due 2033, purchased $893 million of its 2030 notes in a tender, and noticed redemption of a further $407 million. The credit facility was upsized to $1.0 billion, and a $0.25 per share dividend was declared, payable December 4, 2025.