Weatherford (WFRD) Revenue & Revenue Breakdown
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 | $338.09M |
| WHD | Cactus | $1.10B | $293.18M |
| TDW | Tidewater | $1.01B | $339.23M |
| 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.