Weatherford International plc reported a 1% increase in revenue to $1,204 million in the second quarter of 2025. Operating income rose by 67% to $237 million, and net income increased by 79% to $136 million. Adjusted EBITDA remained flat at $254 million. Cash provided by operating activities was $128 million, and adjusted free cash flow was $79 million.
The company repurchased $27 million of 8.625% Senior Notes due 2030 in the second quarter of 2025. Shareholder return for the quarter totaled $52 million, including dividend payments of $18 million and share repurchases of $34 million. The board approved a quarterly cash dividend of $0.25 per share payable on September 4, 2025.
Weatherford signed an agreement with Amazon Web Services to migrate and modernize digital platforms, enhancing operational efficiency and data-driven decision-making. This collaboration includes the Modern Edge Platform and Unified Data Model, improving the Software Launchpad with scalable, cloud-based solutions while maintaining data control and integration flexibility. Weatherford reported second quarter revenue of $1,204 million, a 1% increase from the previous quarter. Operating income rose by 67% to $237 million, with net income increasing by 79% to $136 million. Adjusted EBITDA remained flat at $254 million, with a margin of 21.1%. The company also repurchased $27 million of Senior Notes due in 2030 and returned $52 million to shareholders through dividends and share repurchases. A quarterly cash dividend of $0.25 per share was approved.
Weatherford signed an agreement with Amazon Web Services to enhance its digital platforms, such as the Modern Edge Platform and Unified Data Model. The collaboration aims to improve operational efficiency and data-driven decision-making. The company’s Rotaflex® Artificial Lift technology saw global adoption in France, Australia, and Oman, addressing various operational challenges and increasing production efficiency. In Norway, Weatherford successfully completed a field trial of TITAN RS technology for Equinor, showcasing advanced well abandonment capabilities. In Saudi Arabia, the company installed the first Rod Lift system in the Jafurah field, demonstrating its effectiveness in unconventional gas fields.
In the second quarter of 2025, Weatherford paid dividends of $18 million and repurchased shares for approximately $34 million, resulting in a total shareholder return of $52 million. The board declared a cash dividend of $0.25 per share for shareholders of record as of August 6, 2025.
Revenue by Reportable Segment: Drilling and Evaluation (DRE) revenue decreased by $15 million sequentially to $335 million, with adjusted EBITDA falling by $5 million to $69 million. Well Construction and Completions (WCC) revenue increased by $15 million to $456 million, but adjusted EBITDA decreased by $10 million to $118 million. Production and Intervention (PRI) revenue decreased by $7 million to $327 million, with adjusted EBITDA increasing by $1 million to $63 million.
Revenue by Geography: North America revenue decreased by $9 million to $241 million, International revenue increased to $963 million, Latin America revenue decreased to $195 million, Middle East/North Africa/Asia revenue increased to $524 million, and Europe/Sub-Sahara Africa/Russia revenue increased to $244 million. In the second quarter, Weatherford reported increased revenue, operating income, net income, and shareholder return. They also signed an agreement with Amazon Web Services to enhance digital platforms. Year-over-year, North America saw a decrease, while international revenue increased sequentially but decreased year-over-year in Latin America, the Middle East/North Africa/Asia, and Europe/Sub-Sahara Africa/Russia. Weatherford offers energy services globally. Weatherford International plc reported a 1% increase in revenue to $1,204 million in the second quarter of 2025. Operating income rose by 67% to $237 million, while net income surged 79% to $136 million. The company’s adjusted EBITDA remained flat at $254 million, with a margin of 21.1%. Cash provided by operating activities was $128 million, with adjusted free cash flow of $79 million.
During the second quarter, Weatherford repurchased $27 million of 8.625% Senior Notes due 2030. Shareholder return for the quarter totaled $52 million, including dividend payments of $18 million and share repurchases of $34 million. The board approved a quarterly cash dividend of $0.25 per share payable on September 4, 2025.
Weatherford signed an agreement with Amazon Web Services to migrate and modernize digital platforms, enhancing operational efficiency and data-driven decision-making. The collaboration also strengthens Weatherford’s Software Launchpad, offering scalable, cloud-based solutions while ensuring data control and integration flexibility. Weatherford International plc reported second quarter revenue of $1,204 million, up 1% sequentially. Operating income increased by 67% to $237 million, with net income up 79% to $136 million. Cash provided by operating activities was $128 million, with adjusted free cash flow at $79 million.
The company also signed an agreement with Amazon Web Services to modernize digital platforms, enhancing operational efficiency and data-driven decision-making. Weatherford International plc’s balance sheet data showed $943 million in cash and cash equivalents, with shareholders’ equity at $1,519 million. Cash flow from operating activities totaled $128 million in the second quarter.
Adjusted EBITDA for the quarter was $254 million, flat sequentially, with an adjusted EBITDA margin of 21.1%. Weatherford International plc repurchased $27 million of Senior Notes due 2030 and returned $52 million to shareholders. The board approved a quarterly cash dividend of $0.25 per share, payable on September 4, 2025.
Read more at GlobeNewswire: Weatherford Announces Second Quarter 2025 Results