Weatherford International plc
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.41B | $1.36B | $1.36B | $1.31B | $1.27B | $1.19B | $1.21B | $1.12B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $31.0M | $31.0M | $29.0M | $30.0M | $27.0M | $26.0M | $24.0M | $23.0M |
| SG&A Expense | $216.0M | $205.0M | — | $211.0M | $198.0M | $190.0M | — | $201.0M |
| Operating Income | $264.0M | $233.0M | $216.0M | $218.0M | $201.0M | $185.0M | $169.0M | $121.0M |
| Operating Margin | 18.8% | 17.2% | 15.9% | 16.6% | 15.8% | 15.6% | 14.0% | 10.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $210.0M | $182.0M | $149.0M | $164.0M | $74.0M | $119.0M | $97.0M | $63.0M |
| Income Tax Expense | $73.0M | $59.0M | $2.0M | $33.0M | $-16.0M | $38.0M | $21.0M | $26.0M |
| Net Income | $125.0M | $112.0M | $140.0M | $123.0M | $82.0M | $72.0M | $72.0M | $28.0M |
| Net Margin | 8.9% | 8.2% | 10.3% | 9.4% | 6.4% | 6.1% | 6.0% | 2.5% |
| EPS (Basic) | $1.71 | $1.54 | $1.95 | $1.70 | $1.14 | $1.00 | $1.04 | $0.39 |
| EPS (Diluted) | $1.66 | $1.50 | $1.91 | $1.66 | $1.12 | $0.97 | $1.03 | $0.39 |
| Shares Outstanding (Basic) | 73.2M | 72.9M | 71.9M | 72.1M | 72.1M | 71.5M | 70.5M | 71.0M |
| Shares Outstanding (Diluted) | 75.3M | 74.7M | 73.6M | 73.7M | 73.4M | 73.5M | 71.6M | 72.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |