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Weatherford International (WFRD) Releases Q1 2026 Earnings: EPS Beats, Revenue Slightly Misses

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Weatherford International plc (WFRD) reported first-quarter 2026 results with revenue of $1.15 billion, gross profit of $1.15 billion and operating profit of $1.10 billion.

  • Revenue: $1.15 billion (down 3.4% year‑over‑year).
  • Gross profit: $1.15 billion (up 208.0% year‑over‑year).
  • Operating profit: $1.10 billion (up 673.2% year‑over‑year).
  • Net income attributable to common shareholders: $108 million (up 42.1% year‑over‑year).
  • Diluted earnings per share: $1.49 (up 44.7% year‑over‑year).
  • The company beat on earnings per share versus the consensus estimate and slightly missed on revenues: diluted EPS came in at $1.49 versus an estimate of $1.07, while revenue was $1.15 billion versus an estimated $1.17 billion.

  • Cash from operating activities: $268 million (up 88.7% year‑over‑year).
  • Purchases of property, plant and equipment (capex): $51 million (down 33.8% year‑over‑year).
  • Cash and cash equivalents: $987 million (up 13.1% year‑over‑year).
  • Cost of sales: $892 million (up 8.9% year‑over‑year).
  • Total liabilities: $3.50 billion (down 5.2% year‑over‑year).
  • Overall, Weatherford International plc (WFRD) delivered stronger profitability and operating cash flow in Q1 2026, while revenue came in slightly below Street expectations.

    Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

    Weatherford International plc Insider Trading Activity

    WFRD Insider Trades

    Weatherford International plc insiders have traded $WFRD stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.

    Here’s a breakdown of recent trading of $WFRD stock by insiders over the last 6 months:

    • GIRISH SALIGRAM (President and CEO) has made 0 purchases and 2 sales selling 100,000 shares for an estimated $10,549,548.
    • SCOTT C WEATHERHOLT (EVP, GC & CCO) has made 0 purchases and 2 sales selling 37,825 shares for an estimated $3,990,100.
    • DESMOND J MILLS (SVP & Chief Accounting Officer) has made 0 purchases and 2 sales selling 10,118 shares for an estimated $1,061,897.
    • CHARLES M SLEDGE sold 2,204 shares for an estimated $230,726
    • KRISTIN RUZICKA (EVP Chief HR & Sustainability) sold 2,129 shares for an estimated $164,465

    To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

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    Weatherford International plc Hedge Fund Activity

    We have seen 200 institutional investors add shares of Weatherford International plc stock to their portfolio, and 166 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

    Weatherford International plc Analyst Ratings

    Wall Street analysts have issued reports on $WFRD in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

    Here are some recent analyst ratings:

    • Barclays issued a "Overweight" rating on 10/24/2025

    To track analyst ratings and price targets for Weatherford International plc, check out Quiver Quantitative's $WFRD forecast page.

    Weatherford International plc Price Targets

    Multiple analysts have issued price targets for $WFRD recently. We have seen 6 analysts offer price targets for $WFRD in the last 6 months, with a median target of $109.0.

    Here are some recent targets:

    • Derek Podhaizer from Piper Sandler set a target price of $115.0 on 04/15/2026
    • David Anderson from Barclays set a target price of $111.0 on 04/09/2026
    • Josh Silverstein from UBS set a target price of $105.0 on 03/31/2026
    • Keith Mackey from RBC Capital set a target price of $105.0 on 03/18/2026
    • Atidrip Modak from Goldman Sachs set a target price of $107.0 on 03/04/2026
    • Scott Gruber from Citigroup set a target price of $115.0 on 02/13/2026

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