Weatherford Q3 2026 net income more than triples quarter-on-quarter to $120 million
WFRD•Weatherford’s third-quarter 2026 net income attributable to shareholders more than tripled sequentially to $120 million, while revenue fell 7% year-over-year to $1.14 billion. Operating cash flow rose 39% to $192 million.
1. Quarterly results
Weatherford reported third-quarter 2026 net income attributable to shareholders of $120 million, more than triple the prior quarter. Revenue fell 7% year-over-year to $1.14 billion, while cash provided by operating activities climbed 39% to $192 million.
2. Acquisition and debt
Weatherford closed its acquisition of NCS Multistage, strengthening its completions portfolio and expanding reservoir diagnostics capabilities. After quarter-end, it issued notice to redeem all $236 million of its 8.625% Senior Notes due 2030.
