---
schema_version: "secwatch.filing_event.v1"
accession: "0001603923-26-000041"
form_type: "8-K"
ticker: "WFRD"
cik: "0001603923"
company_name: "Weatherford International plc"
filed_at: "2026-04-21T23:59:59+00:00"
generated_at: "2026-05-15T05:07:01.082516+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Weatherford Q1: Revenue $1.15B (-3% YoY), net income +42%; plans Ireland-to-US move

## Summary
- Revenue $1,152M (-3% YoY); operating income $123M (-13%); net income $108M (+42%), margin 9.4%.
- Adjusted EBITDA $233M (-8%), margin 20.2% (-98 bps); cash from ops $136M, adj. free cash flow $85M.
- Shareholder returns of $30M: $20M dividends, $10M share repurchases.
- Awarded multi-year Integrated Completions contract with TotalEnergies in Denmark and 5-yr TRS contract in Vietnam.
- Proposes redomestication from Ireland to the United States, with Texas as new legal home.

## SEC filing metadata
- accession: 0001603923-26-000041
- form_type: 8-K
- ticker: WFRD
- cik: 0001603923
- company_name: Weatherford International plc
- filed_at: 2026-04-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603923/000160392326000041/0001603923-26-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603923/000160392326000041/wfrd-20260421.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001603923-26-000041
- JSON: https://secwatch.observer/filing/0001603923-26-000041.json
- Plain text: https://secwatch.observer/filing/0001603923-26-000041.txt

## Key facts
- Earnings Releases
  Weatherford International plc reported first quarter ended March 31, 2026 results: revenue $1,152 million, net income $108 million.
  - Period: first quarter ended March 31, 2026
  - Revenue: $1,152 million
  - Net income: $108 million
  - Result: reported results
  source text: in the investor relations section of the Company’s website. --- EX-99.1 (EX-99.1) --- News Release Weatherford Announces First Quarter 2026 Results • First quarter revenue of $1,152 million decreased 3% year-over-year • First quarter operating income of $123 million decreased 13% year-over-year • First quarter net income of $108 million increased 42% year-over-year;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1603923/000160392326000041/0001603923-26-000041-index.htm

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