• Weatherford posted first-quarter 2026 net income attributable to shareholders of $108 million, up 42% year over year.
• Revenue slipped 3% to $1.15 billion.
• Adjusted EBITDA declined 8% to $233 million, trimming adjusted EBITDA margin by 1 percentage point to 20.2%.
• Operating cash flow eased 4% to $136 million, while shareholder returns totaled $30 million.
• Weatherford flagged revenue losses and higher costs tied to the Iran conflict, then said second-quarter results are expected to be softer than previously anticipated while maintaining second-half guidance and full-year adjusted free cash flow outlook.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Weatherford International plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604211645PRIMZONEFULLFEED9694407) on April 21, 2026, and is solely responsible for the information contained therein.