Core Insights - Halliburton Company reported a net income of $589 million, or $0.70 per diluted share, for Q4 2025, a significant increase from $18 million, or $0.02 per diluted share, in Q3 2025 [1] - Total revenue for Q4 2025 was $5.7 billion, slightly up from $5.6 billion in Q3 2025, with operating income rising to $746 million from $356 million in the previous quarter [1][2] - For the full year 2025, total revenue was $22.2 billion, down from $22.9 billion in 2024, and operating income decreased to $2.3 billion from $3.8 billion in 2024 [2] Financial Performance - Adjusted net income for Q4 2025, excluding impairments and other charges, was $576 million, or $0.69 per diluted share, compared to $496 million, or $0.58 per diluted share in Q3 2025 [1][31] - Adjusted operating income for Q4 2025 was $829 million, up from $748 million in Q3 2025 [1][26] - The company repurchased $250 million of its common stock and paid dividends of $0.17 per share during Q4 2025 [14] Operating Segments - Completion and Production segment revenue for Q4 2025 was $3.3 billion, flat sequentially, with operating income increasing by 11% to $570 million [5] - Drilling and Evaluation segment revenue was $2.4 billion, also flat sequentially, with a 5% increase in operating income to $367 million [6] Geographic Performance - North America revenue in Q4 2025 was $2.2 billion, a 7% decrease sequentially, primarily due to lower stimulation activity [7][8] - International revenue increased by 7% to $3.5 billion in Q4 2025, with notable growth in Latin America (up 7% to $1.1 billion) and Europe/Africa/CIS (up 12% to $928 million) [9][10][11] Strategic Initiatives - Halliburton is focusing on its Maximize Value strategy in North America, anticipating a quicker response to macroeconomic improvements [4] - The company has entered a strategic collaboration with VoltaGrid to deliver distributed power generation solutions for data centers, targeting an initial rollout in the Middle East [14]