Monitor second-quarter guidance for signs of recovery in the second half of 2026, as the company cited geopolitical disruptions in the Middle East. The redomestication proposal may impact future tax strategy and investor base.
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Executive Summary
Weatherford reported Q1 2026 revenue of $1.15B (-3% YoY) and net income of $108M, a 42% YoY increase. The company maintained full-year adjusted free cash flow guidance despite geopolitical disruptions in the Middle East. A proposal to redomesticate from Ireland to Texas was announced.
Key Financial Metrics
Key Facts
- Q1 2026 revenue was $1.152B, down 3% YoY
- Q1 2026 net income was $108M, up 42% YoY
- Adjusted EBITDA was $233M, down 8% YoY
- Company maintained full-year adjusted free cash flow guidance
- Announced proposal to redomesticate from Ireland to Texas
- CEO cited 'significant operational disruptions in the Middle East' due to the Iran conflict
Financial Impact
Revenue down 3% YoY, net income up 42% YoY
Risk Factors
- Geopolitical disruptions in the Middle East
- Revenue decline compared to prior year
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001603923-26-000041 |
| Document: wfrd-20260421.htm | 0001603923-26-000041 |
| Document: 0001603923-26-000041-index-headers.html | 0001603923-26-000041 |
| Document: 0001603923-26-000041-index.html | 0001603923-26-000041 |
| Document: 0001603923-26-000041.txt | 0001603923-26-000041 |
| 8-K Data (Synthetic) | 0001603923-26-000041 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 1, 2026 4w ago | 8-K | $94.52 $79.63 | ▼ −15.75% | ▼ −16.93% | $78.44 (−17.01%) |
Jul 27, 2026 9w ago | Insider Cluster | $85.92 $88.73 | ▲ +3.27% | ▼ −0.03% | $78.44 (−8.71%) |
Jul 23, 2026 10w ago | 144 | $85.60 $91.24 | ▲ +6.59% | ▲ +3.28% | $78.44 (−8.36%) |
Jul 22, 2026 10w ago | EFFECT | $87.11 $92.26 | ▲ +5.91% | ▲ +3.02% | $78.44 (−9.95%) |
Jul 21, 2026 10w ago | Press Release | $87.11 $92.26 | ▼ −5.91% | ▼ −3.02% | $78.44 (+9.95%) |
Jul 13, 2026 11w ago | Press Release | $82.01 $94.43 | ▲ +15.14% | ▲ +12.65% | $78.44 (−4.35%) |
Jun 11, 2026 16w ago | Press Release | $101.31 $84.36 | ▼ −16.73% | ▼ −18.51% | $78.44 (−22.57%) |
Jun 4, 2026 17w ago | DEFA14A | $103.73 $83.01 | ▼ −19.97% | ▼ −18.60% | $78.44 (−24.38%) |
May 21, 2026 19w ago | Press Release | $110.02 $91.85 | ▼ −16.52% | ▼ −16.85% | $78.44 (−28.70%) |
May 6, 2026 21w ago | Press Release | $108.37 $104.09 | ▼ −3.95% | ▼ −6.73% | $78.44 (−27.62%) |
US Market Status
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