Weatherford

Q2 FY2026 EarningsQ2 FY2026 revenue was $1.11B, down 8.2% YoY, primarily impacted by market disruptions from the Iran Conflict in the Middle East and lower activity in North America. Operating income fell 54.9% YoY to $107M, largely due to the absence of a $70M gain on business sale recorded in the prior year. Adjusted EBITDA margin across segments remained resilient, though overall Net Income attributable to the company decreased to $39M. Diluted EPS was $0.55, down from $1.87 YoY.