For the transition period from __________________________________to __________________________________ Commission file number 001-36504 Weatherford International plc UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Exact name of registrant as specified in ...

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Weatherford International (NasdaqGS:WFRD) Q4 2025 Earnings call February 04, 2026 08:30 AM ET Company ParticipantsAnuj Dhruv - Executive Vice President and CFOAti Modak - Vice President of Energy Services and E&PsDavid Anderson - Managing DirectorGirish Saligram - President and CEOJames West - Managing DirectorJosh Jayne - Managing DirectorJosh Silverstein - Managing DirectorLuke Lemoine - SVP of Corporate DevelopmentPhillip Jungwirth - Managing DirectorScott Gruber - Director of Oilfield Services and Equip ...

Weatherford International (NasdaqGS:WFRD) Q4 2025 Earnings call February 04, 2026 08:30 AM ET Company ParticipantsAnuj Dhruv - Executive Vice President and CFOAti Modak - Vice President of Energy Services and E&PsDavid Anderson - Managing DirectorGirish Saligram - President and CEOJames West - Managing DirectorJosh Jayne - Managing DirectorJosh Silverstein - Managing DirectorLuke Lemoine - SVP of Corporate DevelopmentPhillip Jungwirth - Managing DirectorScott Gruber - Director of Oilfield Services and Equip ...

Weatherford International (NasdaqGS:WFRD) Q4 2025 Earnings call February 04, 2026 08:30 AM ET Speaker11Please also note, today's event is being recorded. I would now like to turn the conference over to Luke Lemoine, Senior Vice President, Corporate Development. Please go ahead.Speaker10Welcome, everyone, to the Weatherford International fourth quarter and full year 2025 earnings conference call. I'm joined today by Girish Saligram, President and CEO, and Anuj Dhruv, Executive Vice President and CFO. We'll s ...

INVESTOR PRESENTATION Q4'25 Weatherford International PLC Weatherford International Plc 1 Disclaimer This presentation contains projections and forward-looking statements concerning, among other things, the Company's quarterly and full-year revenues, adjusted EBITDA*, adjusted EBITDA margin*, adjusted free cash flow*, net leverage*, ROIC*, shareholder return program, capital allocation framework, forecasts or expectations regarding business outlook, prospects for its operations, capital expenditures, expect ...

分组1 - Weatherford reported quarterly earnings of $1.91 per share, exceeding the Zacks Consensus Estimate of $1.42 per share, and showing an increase from $1.5 per share a year ago, resulting in an earnings surprise of +34.27% [1] - The company achieved revenues of $1.29 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.30%, although this represents a decline from year-ago revenues of $1.34 billion [2] - Weatherford shares have increased by approximately 18.1% since the beginning of the year, significantly outperforming the S&P 500's gain of 1.9% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.91 on revenues of $1.14 billion, while for the current fiscal year, the estimate is $4.90 on revenues of $4.81 billion [7] - The Oil and Gas - Field Services industry, to which Weatherford belongs, is currently ranked in the top 31% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Financial Performance - Fourth quarter revenue was $1,289 million, a 5% increase sequentially but a 4% decrease year-over-year; full year revenue was $4,918 million, down 11% from the prior year[2] - Fourth quarter operating income reached $199 million, up 12% sequentially and 1% year-over-year; full year operating income was $756 million, a 19% decrease from the prior year[2] - Fourth quarter net income was $138 million with a 10.7% margin, a 70% sequential increase and a 23% year-over-year increase; full year net income was $431 million, down 15% from the prior year[2] - Fourth quarter adjusted EBITDA was $291 million with a 22.6% margin, an 8% sequential increase but an 11% decrease year-over-year; full year adjusted EBITDA was $1,067 million, down 23% from the prior year[2] Cash Flow and Shareholder Returns - Fourth quarter cash provided by operating activities was $268 million, a 94% sequential increase and an 8% year-over-year increase; adjusted free cash flow was $222 million, up 124% sequentially and 37% year-over-year[5] - The company returned $25 million to shareholders in the fourth quarter, including $18 million in dividends and $7 million in share repurchases; total shareholder return for the full year was $173 million[12] - The Board approved a 10% increase in the quarterly cash dividend to $0.275 per share, payable on March 5, 2026[13] Contracts and Innovations - Weatherford secured multiple contracts across various regions, including a five-year contract for Well Services in Oman and a four-year contract for Wireline services in Romania[9] - The company deployed innovative technologies, such as the Modus Managed Pressure Well Solution in Suriname and the Permanent Magnet Motor in Egypt, enhancing operational efficiency and reducing costs[11] Future Outlook - The outlook for 2026 indicates a soft activity environment in the first half, with growth opportunities expected in the second half, supported by internal cost optimization initiatives[8] Segment Performance - Fourth quarter 2025 PRI revenue was $353 million, an increase of $27 million or 8% sequentially, but a decrease of $11 million or 3% year-over-year[20] - Fourth quarter 2025 PRI segment adjusted EBITDA was $73 million, up $14 million or 24% sequentially, but down $5 million or 6% year-over-year[21] - Full year 2025 PRI revenues totaled $1,340 million, a decrease of $112 million or 8% compared to 2024, primarily due to lower ISDT and Pressure Pumping activity[22] - Full year 2025 PRI segment adjusted EBITDA was $257 million, down $62 million or 19% compared to 2024, mainly due to lower ISDT and Pressure Pumping activity[23] Regional Revenue Analysis - North America revenue for Q4 2025 was $249 million, a sequential increase of $6 million or 2%, but a year-over-year decrease of $12 million or 5%[26] - International revenue for Q4 2025 was $1,040 million, an increase of $51 million or 5% sequentially, but a decrease of $40 million or 4% year-over-year[28] - Latin America revenue for Q4 2025 was $248 million, an increase of $34 million or 16% sequentially, but a decrease of $64 million or 21% year-over-year[29] - Middle East/North Africa/Asia revenue for Q4 2025 was $556 million, an increase of $23 million or 4% sequentially, and an increase of $14 million or 3% year-over-year[31] - Europe/Sub-Sahara Africa/Russia revenue for Q4 2025 was $236 million, a decrease of $6 million or 2% sequentially, but an increase of $10 million or 4% year-over-year[33] - Full year 2025 revenue in Latin America was $898 million, a decrease of $495 million or 36% compared to 2024, primarily due to lower activity in Mexico and the sale of the Pressure Pumping business in Argentina[30] Quarterly Performance Metrics - Total revenues for the three months ended December 31, 2025, were $1,289 million, a 4.6% increase from $1,232 million in the previous quarter and a decrease of 4.0% from $1,341 million year-over-year[45] - DRE segment adjusted EBITDA was $83 million for the three months ended December 31, 2025, consistent with the previous quarter and down from $96 million year-over-year[45] - WCC segment adjusted EBITDA increased to $144 million from $125 million in the previous quarter, but decreased from $148 million year-over-year[45] - Net income attributable to Weatherford for the three months ended December 31, 2025, was $138 million, compared to $81 million in the previous quarter and $112 million year-over-year, representing a 70.4% increase quarter-over-quarter[45] - Basic income per share for the three months ended December 31, 2025, was $1.92, up from $1.13 in the previous quarter and $1.54 year-over-year[45] - Cash flows from operating activities for the three months ended December 31, 2025, were $268 million, compared to $138 million in the previous quarter and $249 million year-over-year[49] Balance Sheet Highlights - Total shareholders' equity increased to $1,696 million as of December 31, 2025, from $1,283 million year-over-year[47] - Long-term debt decreased to $1,455 million as of December 31, 2025, from $1,617 million year-over-year[47] - The company reported a net cash used in investing activities of $63 million for the three months ended December 31, 2025, compared to $46 million in the previous quarter and $86 million year-over-year[49] - Total debt as of December 31, 2025, was $1,485 million, a decrease from $1,588 million in Q3 2025 and $1,634 million in Q4 2024[62] - Cash and cash equivalents increased to $987 million as of December 31, 2025, from $967 million in Q3 2025 and $916 million in Q4 2024[62] - Net debt as of December 31, 2025, was $443 million, down from $557 million in Q3 2025 and $659 million in Q4 2024[62] - Net leverage ratio as of December 31, 2025, was 0.42x, improved from 0.51x in Q3 2025 and 0.48x in Q4 2024[62]

Fourth quarter revenue of $1,289 million increased 5% sequentially and decreased 4% year-over-year; full year revenue of $4,918 million decreased 11% from prior yearFourth quarter operating income of $199 million increased 12% sequentially and increased 1% year-over-year; full year operating income of $756 million decreased 19% from prior yearFourth quarter net income of $138 million, a 10.7% margin, increased 70% sequentially and increased 23% year-over-year; full year net income of $431 million, an 8.8% m ...

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