Halliburton Company (HAL)

Halliburton Company beat expectations on both the top and bottom line in the second fiscal quarter of 2026, reported July 21 based on preliminary results, as adjusted EPS of $0.55 topped the $0.54 estimate by about 2% and revenue of about $5.7 billion beat the about $5.5 billion estimate by about 4%. Revenue rose about 4% to about $5.7 billion, up from $5.51 billion a year ago, while net income increased about 13% to about $534 million from $472 million. Gross margin was about 18% and operating margin near 14%, with operating income around $778 million. Halliburton generated operating cash flow of about $824 million, repurchased about $208 million of stock and paid about $143 million in dividends. Consensus for the next period calls for EPS of $0.60 on revenue of about $5.6 billion.