Weatherford International plc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Weatherford International plc (WFRD). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2021 | 2022 | 2023 |
|---|---|---|---|
| Well Construction and Completions | $1.35B 37.1% | $1.52B 35.1% · +12.4% | $1.80B 35.1% · +18.3% |
| Drilling and Evaluation | $1.07B 29.2% | $1.33B 30.7% · +24.6% | $1.54B 29.9% · +15.7% |
| Production and Intervention | $1.13B 30.9% | $1.40B 32.2% · +23.8% | $1.47B 28.7% · +5.5% |
| All Other | $99.0M 2.7% | $87.0M 2.0% · -12.1% | $327.0M 6.4% · +275.9% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by region
| Segment | 2020 | 2021 | 2022 |
|---|---|---|---|
| Middle East/North Africa/Asia | $1.35B 36.7% | $1.20B 32.9% · -11.4% | $1.40B 32.3% · +16.9% |
| North America | $889.0M 24.1% | $896.0M 24.6% · +0.8% | $1.10B 25.5% · +23.2% |
| Latin America | $697.0M 18.9% | $814.0M 22.3% · +16.8% | $1.06B 24.5% · +30.5% |
| Europe/Sub-Sahara Africa/Russia | $747.0M 20.3% | $737.0M 20.2% · -1.3% | $764.0M 17.6% · +3.7% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Service | $2.25B 61.1% | $2.35B 64.6% · +4.6% | $2.70B 62.3% · +14.7% | $3.18B 61.9% · +17.8% | $3.39B 61.5% · +6.7% | $2.98B 60.6% · -12.2% |
| Product | $1.44B 38.9% | $1.29B 35.4% · -10.0% | $1.63B 37.7% · +26.4% | $1.96B 38.1% · +19.8% | $2.12B 38.5% · +8.4% | $1.94B 39.4% · -8.6% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 12, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.