Inferra AI / Company / WFRD
Weatherford International Plc
WFRD · Industrials
Last earnings Oct 20, 2026
Key results
Revenuequarter
$1,232 million
revenue of $1,232 million increased 2% sequentially Third quarter
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Operating incomequarter
$178 million
operating income of $178 million decreased 25% sequentially Third quarter
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Net incomequarter
$81 million
net income of $81 million decreased 40% sequentially net income margin of 6.6% Third quarter adjusted EBITDA* of $269 million increased 6% sequentially adjusted EBITDA margin* of 21.8% increased 74 basis points sequentially Third quarter cash provided by operating activities of $138 million and adjusted free cash flow*
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Revenues for the third quarter of 2025 were $1,232 million, an increase of 2% sequentially and a decrease of 13% year-over-year.
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Operating income in the third quarter of 2025 was $178 million, a decrease of 25% sequentially and a decrease of 27% year-over-year.
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Net income in the third quarter of 2025 was $81 million, with a 6.6% margin, a decrease of 40%, or 472 basis points, sequentially, and a decrease of 48%, or 457 basis points, year-over-year.
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Adjusted free cash flowquarter
$99 million
Adjusted free cash flow* was $99 million, an increase of 25% sequentially and a decrease of 46% year-over-year.
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
DRE revenuequarter
$346 million
DRE revenue of $346 million increased by $11 million, or 3% sequentially, primarily from higher Drilling Services activity in Latin America, and Middle East North Africa Asia partly offset by lower MPD and Drilling Services activity in Europe Sub-Sahara Africa Russia and
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
AI analysis
Q3 2025 · reported Oct 21, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $1,232 million | — | — |
| Operating income | $178 million | — | — |
| Net income | $81 million | — | — |
| Adjusted free cash flow | $99 million | — | — |
| DRE revenue | $346 million | — | — |
Guidance · company-stated
Direction: raised
No guidance located in the held release
“While the recent events in the Middle East have dampened expectations of a quick recovery, we still see a meaningful ramp in adjusted EBITDA* in the fourth quarter and are increasing our full year adjusted free cash flow* guidance yet again.”
Cash flow & capex
Capital allocation
Capital expenditures were $44 million in the third quarter of 2025, a decrease of 19% sequentially and a decrease of 44% year-over-year.
Event summary
Weatherford International Plc — Earnings release (2025-10-21)
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Capital expenditures were $44 million in the third quarter of 2025, a decrease of 19% sequentially and a decrease of 44% year-over-year.
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
With the expansion of our credit facility, the refinancing of a portion of our debt at significantly improved terms, and recent rating upgrades from the agencies, we have further strengthened our financial foundation.
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
4 Corporate Treasury On September 18, 2025, we announced the expansion of our credit facility by $280 million with aggregate commitments of $1 billion.
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
On September 22, 2025, we announced a private offering of $1,200 million in aggregate principal amount of 6.75% Senior Notes due 2033 ( the 2033 Notes ).
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
The net proceeds of the offering, together with cash on hand, are intended to fund the previously announced tender offer for up to $1,300 million of our 8.625% Senior Notes due 2030 ( the 2030 Notes ).
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
On September 22, 2025, we announced the Credit Rating upgrades from Moody s to Ba2 (Positive Outlook) from Ba3 S P Global Ratings to BB (Stable Outlook) from BB- and Fitch Ratings to BB (Stable Outlook) from BB- Shareholder Return During the third quarter of 2025, Weatherford paid dividends of $18 million and repurchased shares for approximately $7 million, resulting in a total shareholder return of $25 million.
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Strategy & priorities
With the expansion of our credit facility, the refinancing of a portion of our debt at significantly improved terms, and recent rating upgrades from the agencies, we have further strengthened our financial foundation.
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
The integrated operation combined Wireline, Pressure Pumping, Completions, ISDT, TRS and Digital Solutions, encompassing borehole clean out, zone perforation, drill stem testing and a completion strategy informed by results.
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
4 Corporate Treasury On September 18, 2025, we announced the expansion of our credit facility by $280 million with aggregate commitments of $1 billion.
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Operators choose us for strategic solutions that add efficiency, flexibility, and responsibility to any energy operation.
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
The CODM also uses segment adjusted EBITDA to drive efficiencies and develop competitive strategies.
SEC original ↗Weatherford International Plc — 10-Q Quarterly report10-QOct 21, 2026
Risks & headwinds
Girish Saligram, President and Chief Executive Officer, commented, In a quarter defined by continued industry headwinds, I am proud of the One Weatherford team for delivering across the board.
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Such statements are based upon the current beliefs of Weatherford s management and are subject to significant risks, assumptions, and uncertainties.
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Should one or more of these risks or uncertainties materialize, or underlying assumptions prove incorrect, actual results may vary materially from those indicated in our forward-looking statements.
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
Readers are cautioned that forward-looking statements are only estimates and may differ materially from actual future events or results, based on factors including but not limited to global political, economic and market conditions, political disturbances, war or other global conflicts, terrorist attacks, changes in global trade policies, tariffs and sanctions, weak local economic conditions and international currency fluctuations general global economic repercussions related to U.
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
These risks and uncertainties are more fully described in Weatherford s reports and registration statements filed with the Securities and Exchange Commission, including the risk factors described in the Company s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
SEC original ↗Weatherford International Plc — Earnings release (8-K exhibit)EX-99Oct 21, 2025
We have certain claims, disputes and pending litigation for which we do not believe a negative outcome is probable or for which we can only estimate a range of liability.
SEC original ↗Weatherford International Plc — 10-Q Quarterly report10-QOct 21, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
31 documentsEarnings releases
8 documentsPresentations
0 documentsNo presentations for Weatherford International Plc are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Weatherford International Plc are held in this edition of the library.
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