Sep 2026 (Q3 FY26) — Oct 21, 2026
Weatherford Q3 FY26 — Strong Execution Drives Margin Expansion and Free Cash Flow
Read the full callWeatherford earnings: last reported Wed, 21 Oct 2026, for the quarter ended Sep 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,143 | −7.2% YoY | Quarterly, as filed | Quarter to Sep 2026 | Revenue from operations as filed. |
| Operating margin | 13.4 | −1.1 pts YoY | Operating profit / revenue | Quarter to Sep 2026 | For the quarter; a change is in percentage points. |
| Net profit | 120 | +48.1% YoY | Quarterly, as filed | Quarter to Sep 2026 | Profit after tax as filed. |
Guidance
16 of 20 judged targets kept · 33 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Middle East (Iran conflict) 1H FY26 profit impact | $30 million to $50 million profit impact over the first half of the year | Mar 2026 | The financial impact in the first half was within the $30 million to $50 million profit range we outlined on our last call | Achieved |
| Re-domestication from Ireland to Texas | re-domesticate from Ireland to the United States, specifically Texas | Mar 2026 | the proposals to redomesticate to Texas received support from more than 60% of the votes cast, but fell short of the 75% approval threshold required under Irish law | Missed |
| FY26 adjusted EBITDA guide | $980 million to $1.12 billion | Dec 2025 | adjusted EBITDA is expected to be in the range of $951 million to $1.046 billion | Revised Down |
4 of Weatherford International plc's 53 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 50 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: $67.15 on 22 Oct 2025 → $86.85. High $111.42 (18 May 2026), low $67.15 (22 Oct 2025).
Overview
Guidance
16 of 20 judged targets kept · 33 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Middle East (Iran conflict) 1H FY26 profit impact | $30 million to $50 million profit impact over the first half of the year | Mar 2026 | The financial impact in the first half was within the $30 million to $50 million profit range we outlined on our last call | Achieved |
| Re-domestication from Ireland to Texas | re-domesticate from Ireland to the United States, specifically Texas | Mar 2026 | the proposals to redomesticate to Texas received support from more than 60% of the votes cast, but fell short of the 75% approval threshold required under Irish law | Missed |
| FY26 adjusted EBITDA guide | $980 million to $1.12 billion | Dec 2025 | adjusted EBITDA is expected to be in the range of $951 million to $1.046 billion | Revised Down |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 53 tracked commitments, with each call’s wording and source.
Call summaries
Weatherford Q3 FY26 — Strong Execution Drives Margin Expansion and Free Cash Flow
Read the full callWeatherford Q2 FY26 — Strong Margins and Cash Flow Amidst Geopolitical Headwinds
Read the full callWeatherford Q1 FY26 — Strong International Performance and Positive Outlook Despite Middle East Headwinds
Read the full callEvery analysed call
Financials
Net profit, year on year: +48% (quarter to sep 2026 against sep 2025).
| Line item | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,341 | 1,193 | 1,204 | 1,232 | 1,289 | 1,152 | 1,105 | 1,143 |
| Expenses | 1,143 | 1,051 | 967 | 1,054 | 1,090 | 1,029 | 998 | 990 |
| Operating profit | 198 | 142 | 237 | 178 | 199 | 123 | 107 | 153 |
| Operating margin | 14.8% | 11.9% | 19.7% | 14.4% | 15.4% | 10.7% | 9.7% | 13.4% |
| Profit before tax | 169 | 96 | 191 | 139 | 128 | 105 | 75 | 129 |
| Tax rate | 26.6% | 10.4% | 24.1% | 37.4% | −8.6% | −3.8% | 44.0% | 3.1% |
| Net profit | 112 | 76 | 136 | 81 | 138 | 108 | 39 | 120 |
| EPS ($ per share) | — | 1.04 | 1.87 | 1.13 | — | 1.50 | 0.55 | 1.66 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | -8,671 | -26 | -1,947 | -2,397 | -2,371 | -1,954 | -1,486 | -1,129 |
| Total liabilities | 10,267 | 4,377 | 4,497 | 4,278 | 4,169 | 4,146 | 3,876 | 3,501 |
| Fixed assets | 2,086 | 2,122 | 1,236 | 996 | 918 | 957 | 1,061 | 1,124 |
| Total assets | 6,601 | 7,293 | 5,434 | 4,774 | 4,720 | 5,068 | 5,159 | 5,197 |
| Line item | Dec 2017 | Dec 2018 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | -388 | -242 | 210 | 322 | 349 | 832 | 792 | 676 |
| Cash from investing | -62 | 122 | -75 | -83 | -54 | -289 | -293 | -145 |
| Cash from financing | 20 | 168 | 348 | -403 | -248 | -514 | -511 | -474 |
| Net cash flow | — | -11 | 485 | -172 | -1 | -49 | -88 | 67 |
| Capital expenditure | -225 | -186 | -154 | -85 | -132 | -209 | -299 | -226 |
| Free cash flow | -613 | -428 | 56 | 237 | 217 | 623 | 493 | 450 |
| Segment | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Well Construction and Completion | 38% | 37% | 38% | 38% | 40% | 38% | 39% | 39% | -3.8% |
| Drilling and Evaluation | 30% | 29% | 28% | 28% | 26% | 28% | 26% | 29% | -4.3% |
| Production and Intervention | 27% | 28% | 27% | 26% | 27% | 26% | 29% | 27% | -3.7% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Q3 FY2026 · share of revenue
As WFRD cuts its regions in its filings; they can nest, so they need not add to 100%.
51 filings between Dec 5, 2025 and Aug 10, 2026.
Purchases
None
No insider bought shares.
Sales
$18.24M
12 sales by 8 insiders
8% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Also filed: 5 dispositions to the issuer, 1 gift.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Saligram Girish | — | $10.55M | Feb 6, 2026 |
| Weatherholt Scott C | — | $3.99M | Feb 6, 2026 |
| GOLDMAN NEAL P | — | $1.36M | Jul 23, 2026 |
| Mills Desmond J | — | $1.06M | Feb 9, 2026 |
| Duster Benjamin | — | $516.5K | Jul 23, 2026 |
| Mutschler Jacqueline C | — | $370.5K | Aug 10, 2026 |
| SLEDGE CHARLES M | — | $230.7K | Feb 9, 2026 |
| Ruzicka Kristin | — | $164.5K | Dec 5, 2025 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 10, 2026 | Mutschler Jacqueline C Director | Sale | 4,094 | $370.5K |
| Jul 23, 2026 | GOLDMAN NEAL P Director | Sale | 12,439 | $1.05M |
| Jul 23, 2026 | Duster Benjamin Director | Sale | 6,000 | $516.5K |
| Jul 23, 2026 | GOLDMAN NEAL P Director | Sale | 3,561 | $304.0K |
| Apr 21, 2026 | Dhruv Anuj Hasit EVP and CFO | Option exercise | 3,976 | $0 |
| Apr 21, 2026 | Dhruv Anuj Hasit EVP and CFO | Tax withheld | 5,992 | $597.0K |
| Apr 21, 2026 | Dhruv Anuj Hasit EVP and CFO | Option exercise | 11,248 | $0 |
| Mar 7, 2026 | BERINGHAUSE STEVEN Director | Option exercise | 4,566 | $0 |
| Mar 7, 2026 | GOLDMAN NEAL P Director | Option exercise | 4,566 | $0 |
| Mar 7, 2026 | Duster Benjamin Director | Disposition to issuer | 1,690 | $153.5K |
| Mar 7, 2026 | Saligram Girish President and CEO | Tax withheld | 6,018 | $546.4K |
| Mar 7, 2026 | Duster Benjamin Director | Option exercise | 4,566 | $0 |
| Mar 7, 2026 | SLEDGE CHARLES M Director | Disposition to issuer | 2,467 | $224.0K |
| Mar 7, 2026 | BERINGHAUSE STEVEN Director | Disposition to issuer | 1,690 | $153.5K |
| Mar 7, 2026 | Saligram Girish President and CEO | Option exercise | 15,291 | $0 |
| Mar 7, 2026 | SLEDGE CHARLES M Director | Option exercise | 6,667 | $0 |
| Mar 7, 2026 | Weatherholt Scott C EVP, GC & CCO | Tax withheld | 1,491 | $135.4K |
| Mar 7, 2026 | Mills Desmond J SVP & Chief Accounting Officer | Tax withheld | 672 | $61.0K |
| Mar 7, 2026 | Weatherholt Scott C EVP, GC & CCO | Option exercise | 3,788 | $0 |
| Mar 7, 2026 | Mills Desmond J SVP & Chief Accounting Officer | Option exercise | 1,706 | $0 |
| Mar 7, 2026 | Mutschler Jacqueline C Director | Option exercise | 4,566 | $0 |
| Mar 7, 2026 | Mutschler Jacqueline C Director | Disposition to issuer | 1,690 | $153.5K |
| Mar 7, 2026 | GOLDMAN NEAL P Director | Disposition to issuer | 1,690 | $153.5K |
| Mar 7, 2026 | WARD RICHARD D EVP Global Field Operations | Tax withheld | 867 | $78.7K |
| Mar 7, 2026 | WARD RICHARD D EVP Global Field Operations | Option exercise | 3,559 | $0 |
| Feb 9, 2026 | SLEDGE CHARLES M Director | Sale | 2,204 | $230.7K |
| Feb 9, 2026 | Mills Desmond J SVP & Chief Accounting Officer | Sale | 5,000 | $520.9K |
| Feb 6, 2026 | Mills Desmond J SVP & Chief Accounting Officer | Sale | 5,118 | $541.0K |
| Feb 6, 2026 | Saligram Girish President and CEO | Sale | 52,105 | $5.50M |
| Feb 6, 2026 | Saligram Girish President and CEO | Sale | 47,895 | $5.05M |
| Feb 6, 2026 | Weatherholt Scott C EVP, GC & CCO | Sale | 11,608 | $1.23M |
| Feb 6, 2026 | Weatherholt Scott C EVP, GC & CCO | Sale | 26,217 | $2.76M |
| Feb 4, 2026 | Weatherholt Scott C EVP, GC & CCO | Option exercise | 24,385 | $0 |
| Feb 4, 2026 | Saligram Girish President and CEO | Tax withheld | 54,207 | $5.42M |
| Feb 4, 2026 | Mills Desmond J SVP & Chief Accounting Officer | Option exercise | 6,275 | $0 |
| Feb 4, 2026 | Saligram Girish President and CEO | Option exercise | 137,755 | $0 |
| Feb 4, 2026 | Weatherholt Scott C EVP, GC & CCO | Tax withheld | 9,596 | $959.3K |
| Feb 4, 2026 | Mills Desmond J SVP & Chief Accounting Officer | Tax withheld | 2,470 | $246.9K |
| Jan 18, 2026 | Mills Desmond J SVP & Chief Accounting Officer | Tax withheld | 1,007 | $84.3K |
| Jan 18, 2026 | Mills Desmond J SVP & Chief Accounting Officer | Option exercise | 953 | $0 |
| Jan 18, 2026 | WARD RICHARD D EVP Global Field Operations | Option exercise | 1,816 | $0 |
| Jan 18, 2026 | Saligram Girish President and CEO | Tax withheld | 8,868 | $742.6K |
| Jan 18, 2026 | Saligram Girish President and CEO | Option exercise | 9,534 | $0 |
| Jan 18, 2026 | Saligram Girish President and CEO | Option exercise | 12,862 | $0 |
| Jan 18, 2026 | Weatherholt Scott C EVP, GC & CCO | Tax withheld | 2,372 | $198.6K |
| Jan 18, 2026 | Mills Desmond J SVP & Chief Accounting Officer | Option exercise | 1,367 | $0 |
| Jan 18, 2026 | Weatherholt Scott C EVP, GC & CCO | Option exercise | 2,252 | $0 |
| Jan 18, 2026 | Weatherholt Scott C EVP, GC & CCO | Option exercise | 3,542 | $0 |
| Jan 18, 2026 | WARD RICHARD D EVP Global Field Operations | Tax withheld | 534 | $44.7K |
| Dec 11, 2025 | Saligram Girish President and CEO | Gift | 10,000 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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