---
schema_version: "secwatch.filing_event.v1"
accession: "0001603923-22-000067"
form_type: "8-K"
ticker: "WFRD"
cik: "0001603923"
company_name: "Weatherford International plc"
filed_at: "2022-04-27T23:59:59+00:00"
generated_at: "2026-06-26T04:07:14.636547+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Weatherford Q1 rev $938M (+13% YoY); adj EBITDA $151M (16% margin); net loss $80M

## Summary
- Revenue $938M (+13% YoY); operating income $18M vs loss $13M YoY; net loss $80M vs loss $116M YoY.
- Adj EBITDA $151M (+48% YoY) at 16% margin; cash used ops $64M; free cash flow -$64M on working capital.
- Segment rev: DRE $292M (+24% YoY), WCC $344M (+7%), PRI $286M (+10%).
- Restructuring charges $20M; other charges $19M from write-down of Ukraine assets.
- Ending cash $1.1B, down $57M sequentially; no new guidance provided.

## SEC filing metadata
- accession: 0001603923-22-000067
- form_type: 8-K
- ticker: WFRD
- cik: 0001603923
- company_name: Weatherford International plc
- filed_at: 2022-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603923/000160392322000067/0001603923-22-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603923/000160392322000067/wfrd-20220427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001603923-22-000067
- JSON: https://secwatch.observer/filing/0001603923-22-000067.json
- Plain text: https://secwatch.observer/filing/0001603923-22-000067.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
