Weatherford (WFRD) Revenue & Revenue Breakdown

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Weatherford Revenue Highlights

Latest Revenue (Y)

$5.13B

Latest Revenue (Q)

$1.41B

Main Segment (Y)

Service

Main Geography (Y)

Latin America

Weatherford Revenue by Period

Weatherford Revenue by Year

Date	Revenue	Change
2023-12-31	$5.13B	18.56%
2022-12-31	$4.33B	18.82%
2021-12-31	$3.65B	-1.09%
2020-12-31	$3.69B	-25.62%
2019-12-31	$4.95B	-13.75%
2018-12-31	$5.74B	0.79%
2017-12-31	$5.70B	-0.87%
2016-12-31	$5.75B	-39.05%
2015-12-31	$9.43B	-36.74%
2014-12-31	$14.91B	-2.31%
2013-12-31	$15.26B	0.32%
2012-12-31	$15.21B	17.12%
2011-12-31	$12.99B	27.21%
2010-12-31	$10.21B	15.69%
2009-12-31	$8.83B	-8.06%
2008-12-31	$9.60B	22.58%
2007-12-31	$7.83B	19.05%
2006-12-31	$6.58B	51.83%
2005-12-31	$4.33B	38.36%
2004-12-31	$3.13B	20.85%
2003-12-31	$2.59B	11.27%
2002-12-31	$2.33B	0.01%
2001-12-31	$2.33B	28.36%
2000-12-31	$1.81B	46.29%
1999-12-31	$1.24B	-38.32%
1998-12-31	$2.01B	125.34%
1997-12-31	$892.30M	86.67%
1996-12-31	$478.00M	35.95%
1995-12-31	$351.60M	41.49%
1994-12-31	$248.50M	1.02%
1993-12-31	$246.00M	-

Weatherford generated $5.13B in revenue during NA 2023, up 18.56% compared to the previous quarter, and up 89.40% compared to the same period a year ago.

Weatherford Revenue by Quarter

Date	Revenue	Change
2024-09-30	$1.41B	0.28%
2024-06-30	$1.41B	3.46%
2024-03-31	$1.36B	-0.29%
2023-12-31	$1.36B	3.73%
2023-09-30	$1.31B	3.06%
2023-06-30	$1.27B	7.42%
2023-03-31	$1.19B	-1.90%
2022-12-31	$1.21B	7.95%
2022-09-30	$1.12B	5.26%
2022-06-30	$1.06B	13.43%
2022-03-31	$938.00M	-2.80%
2021-12-31	$965.00M	2.12%
2021-09-30	$945.00M	4.65%
2021-06-30	$903.00M	8.53%
2021-03-31	$832.00M	-1.19%
2020-12-31	$842.00M	4.34%
2020-09-30	$807.00M	-1.71%
2020-06-30	$821.00M	-32.43%
2020-03-31	$1.22B	23.35%
2019-12-31	$985.00M	-25.04%
2019-09-30	$1.31B	0.38%
2019-06-30	$1.31B	-2.75%
2019-03-31	$1.35B	-5.81%
2018-12-31	$1.43B	-1.04%
2018-09-30	$1.44B	-0.28%
2018-06-30	$1.45B	1.76%
2018-03-31	$1.42B	-4.50%
2017-12-31	$1.49B	2.05%
2017-09-30	$1.46B	7.12%
2017-06-30	$1.36B	-1.66%
2017-03-31	$1.39B	-1.42%
2016-12-31	$1.41B	3.69%
2016-09-30	$1.36B	-3.28%
2016-06-30	$1.40B	-11.55%
2016-03-31	$1.58B	-21.22%
2015-12-31	$2.01B	-10.06%
2015-09-30	$2.24B	-6.40%
2015-06-30	$2.39B	-14.46%
2015-03-31	$2.79B	-25.03%
2014-12-31	$3.73B	-3.87%
2014-09-30	$3.88B	4.47%
2014-06-30	$3.71B	3.20%
2014-03-31	$3.60B	-3.80%
2013-12-31	$3.74B	-2.15%
2013-09-30	$3.82B	-1.24%
2013-06-30	$3.87B	0.81%
2013-03-31	$3.84B	-5.45%
2012-12-31	$4.06B	6.26%
2012-09-30	$3.82B	1.92%
2012-06-30	$3.75B	4.11%
2012-03-31	$3.60B	-2.97%
2011-12-31	$3.71B	9.98%
2011-09-30	$3.37B	10.51%
2011-06-30	$3.05B	6.85%
2011-03-31	$2.86B	-1.85%
2010-12-31	$2.91B	15.04%
2010-09-30	$2.53B	3.75%
2010-06-30	$2.44B	4.28%
2010-03-31	$2.34B	-3.62%
2009-12-31	$2.43B	12.85%
2009-09-30	$2.15B	7.77%
2009-06-30	$1.99B	-11.58%
2009-03-31	$2.26B	-14.37%
2008-12-31	$2.63B	3.69%
2008-09-30	$2.54B	13.98%
2008-06-30	$2.23B	1.52%
2008-03-31	$2.20B	-

Weatherford generated $1.41B in revenue during Q3 2024, up 0.28% compared to the previous quarter, and up 110.60% compared to the same period a year ago.

Weatherford Revenue Breakdown

Weatherford Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Service	$3.18B	$2.70B	$2.35B	$2.25B	-
Product	$1.96B	$1.63B	$1.29B	$1.44B	-
Service Revenue	-	-	-	-	$48.00M

Weatherford's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service (61.91%), and Product (38.09%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18
Service	$869.00M	$862.00M	$1.64B	$794.00M	$741.00M	$751.00M	$698.00M	$656.00M	$593.00M	$623.00M	$588.00M	$523.00M	$485.00M	$512.00M	$765.00M	$150.00M	$847.00M	$811.00M	$850.00M	$849.00M
Product	$540.00M	$543.00M	$1.03B	$480.00M	$445.00M	$458.00M	$422.00M	$408.00M	$345.00M	$322.00M	$315.00M	$309.00M	$322.00M	$309.00M	$450.00M	$111.00M	$467.00M	$498.00M	$496.00M	$580.00M
Service Revenue	-	-	-	-	-	-	-	-	-	$260.00M	$202.00M	$212.00M	$217.00M	$170.00M	$40.00M	$17.00M	$62.00M	$57.00M	-	-
Completion	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$314.00M	-	-	-	-	-
Drilling and Evaluation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$281.00M	-	-	-	-	-
Production	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$353.00M	-	-	-	-	-
Well Construction	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$267.00M	-	-	-	-	-
606 revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$261.00M	$1.25B	$1.23B	$1.27B	$1.36B
Product and Service, Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$12.00M	-	-	-	-
Combined Company Segment 606 Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.25B	$1.23B	$1.27B	-

Weatherford's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Service (61.67%), and Product (38.33%).

Weatherford Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 18
Europe, Sub-Sahara Africa, Russia	$865.00M	$764.00M	$737.00M	$953.00M	-
North America	$1.07B	$1.10B	$896.00M	-	-
Latin America	$1.39B	$1.06B	$814.00M	$1.08B	-
UNITED STATES	-	-	$678.00M	$720.00M	$1.60B
Middle East and North Africa	-	-	$1.20B	$1.43B	-
Eastern Hemisphere	-	-	-	-	$2.68B
Asia	-	-	-	-	$298.00M
CANADA	-	-	-	-	$382.00M
Western Hemisphere	-	-	-	-	$3.06B

Weatherford's latest annual revenue breakdown by geography, as of Dec 23: Latin America (41.78%), North America (32.17%), and Europe, Sub-Sahara Africa, Russia (26.05%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Dec 23	Jun 23	Mar 23	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18
Latin America	$358.00M	$353.00M	$699.00M	$371.00M	$317.00M	$280.00M	$265.00M	$227.00M	-	-	-	-	-	-	-	-	-	-	-	-
Middle East and North Africa	$542.00M	$542.00M	$421.00M	$376.00M	$354.00M	$350.00M	$310.00M	-	-	-	-	-	-	-	-	-	-	-	-	-
North America	$266.00M	$252.00M	$517.00M	$265.00M	$286.00M	$297.00M	$268.00M	$238.00M	-	-	-	-	-	-	-	-	-	-	-	-
Non-US	$1.14B	$1.15B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Europe, Sub-Sahara Africa, Russia	$243.00M	$258.00M	$441.00M	$217.00M	$207.00M	$189.00M	$181.00M	$163.00M	-	-	-	-	-	-	-	-	-	-	-	-
Eastern Hemisphere	-	-	-	-	-	-	-	-	$221.00M	$214.00M	$198.00M	$470.00M	$241.00M	$240.00M	$627.00M	$140.00M	$639.00M	$590.00M	$620.00M	$653.00M
Western Hemisphere	-	-	-	-	-	-	-	-	$239.00M	$231.00M	$225.00M	$372.00M	$170.00M	$165.00M	$588.00M	$121.00M	$675.00M	$719.00M	$726.00M	$776.00M

Weatherford's latest quarterly revenue breakdown by geography, as of Sep 24: Non-US (44.79%), Middle East and North Africa (21.24%), Latin America (14.03%), North America (10.42%), and Europe, Sub-Sahara Africa, Russia (9.52%).

Weatherford Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
NOV	NOV	$8.58B	$2.19B
FTI	TechnipFMC	$7.82B	$2.35B
WFRD	Weatherford	$5.13B	$1.41B
LBRT	Liberty Energy	$4.75B	$1.14B
EFXT	Enerflex	$3.16B	$860.40M
OII	Oceaneering	$2.42B	$679.81M
VAL	Valaris	$1.78B	$643.10M
RES	RPC	$1.62B	$337.65M
VTOL	Bristow Group	$1.23B	$365.12M
WHD	Cactus	$1.10B	$293.18M
TDW	Tidewater	$1.01B	$340.36M
OIS	Oil States	$782.28M	-
GEOS	Geospace	$124.51M	$25.86M

WFRD Revenue FAQ

What is Weatherford’s yearly revenue?

Weatherford's yearly revenue for 2023 was $5.14B, representing an increase of 18.56% compared to 2022. The company's yearly revenue for 2022 was $4.33B, representing an increase of 18.82% compared to 2021. WFRD's yearly revenue for 2021 was $3.64B, representing a decrease of -1.09% compared to 2020.

What is Weatherford’s quarterly revenue?

Weatherford's quarterly revenue for Q3 2024 was $1.41B, a 0.28% increase from the previous quarter (Q2 2024), and a 7.31% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.4B, a 3.46% increase from the previous quarter (Q1 2024), and a 10.28% increase year-over-year (Q2 2023). WFRD's quarterly revenue for Q1 2024 was $1.36B, a -0.29% decrease from the previous quarter (Q4 2023), and a 14.50% increase year-over-year (Q1 2023).

What is Weatherford’s revenue growth rate?

Weatherford's revenue growth rate for the last 3 years (2021-2023) was 40.88%, and for the last 5 years (2019-2023) was 3.65%.

What are Weatherford’s revenue streams?

Weatherford's revenue streams in c 23 are Service, and Product. Service generated $3.18B in revenue, accounting 61.91% of the company's total revenue, up 17.83% year-over-year. Product generated $1.96B in revenue, accounting 38.09% of the company's total revenue, up 19.78% year-over-year.

What is Weatherford’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Weatherford was Service. This segment made a revenue of $3.18B, representing 61.91% of the company's total revenue.