SECdecoded Read filings, not jargon.

HALLIBURTON COMPANY FY 2025 10-K, explained in plain English

HAL · 10-K for the period ending December 31, 2025, filed February 6, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$22.2B
Gross margin— not reported
Operating income$2.3B
Net income$1.3B
Diluted EPS— not reported
Cash & equivalents$2.2B
Total assets$25.0B
Long-term debt$7.2B

Key takeaway

Total 2025 revenue declined 3% to $22.2 billion, with both Completion & Production (-4%) and Drilling & Evaluation (-3%) segments contracting.

🔒 4 more takeaways in the full analysis

Beneath the surface

Net debt is roughly $5.0 billion (Long-term debt $7.158B minus cash $2.206B), a manageable position bolstered by a new $3.5 billion revolving credit facility through 2030 with no financial covenants.

🔒 3 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 7 more findings — plus insider trades, activist stakes, and 8-K events for HAL.

Read the full analysis free Free account · 5 full analyses included · no card required