Global payments platform Paysafe has expanded the availability of its digital wallet and now offers it across 18 European countries.
The PaysafeWallet is designed to support everyday financial management, enabling customers to send, receive, spend and withdraw money, the company said in a Wednesday (April 22) press release emailed to PYMNTS.
It is supported by a dedicated IBAN-enabled personal payment account and debit card, according to the release.
“PaysafeWallet is a core consumer product and a brand that carries the Paysafe name and represents where we are headed,” Paysafe Chief Product Officer Bob Legters said in the release. “It connects cash-based consumers to a modern digital wallet experience, combining everyday usability with the financial services they need to participate fully in the experience economy.”
Paysafe initially launched this digital wallet in select European markets, and then expanded it, according to the release. Now, in 18 European countries, PaysafeWallet is live across the PaysafeCard app, website and customer-facing marketing.
Today, the digital wallet is live in Germany, France, Greece, Spain, Italy, Austria, the Netherlands, Slovakia, Belgium, Portugal, Ireland, Slovenia, Finland, Cypress, Latvia, Lithuania, Luxembourg and Malta, per the release.
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Paysafe reported in March that its active digital wallet users increased 6% year over year to reach 7.8 million at the end of the fourth quarter. The company’s digital wallet revenue increased 13% year over year to $220.2 million, or 6% on an organic basis.
Legters told PYMNTS in an interview posted in February that digital wallets are becoming the organizing layer of commerce, where identity, funds, rewards and brand engagement converge.
While wallets are already embedded in the daily habits of billions of users, many consumers don’t realize they’re using wallets at all, Legters said.
“I’ve talked to multiple consumers where they’ve said, ‘Yeah, no, I don’t use wallets,’” Legters said, adding that a few questions later, it becomes clear they keep funds inside apps, store balances for future purchases or manage segmented spending through digital platforms.
Paysafe CEO Bruce Lowthers wrote in the PYMNTS eBook “2025’s Over/Under: The Bets That Paid Off” that global digital wallet transaction value leapt from $3.9 trillion in 2020 to $10 trillion in 2024.
Paysafe’s consumer offering expands across 18 European markets, enabling a seamless journey from cash solutions to full-service digital wallet with an IBAN-enabled account and debit card
LONDON--(BUSINESS WIRE)--Paysafe (NYSE: PSFE), a global payments platform, today introduces PaysafeWallet, the digital wallet designed to support everyday financial management for cash and digital-preferred consumers in the experience economy.
PaysafeWallet has been fully rolled out across the PaysafeCard app, website, and customer-facing marketing in all live markets, creating one clear and unified value proposition.
Share PaysafeWallet enables customers to send, receive, spend, and withdraw money, supported by a dedicated IBAN-enabled personal payment account and debit card. This solution represents the evolution of PaysafeCard’s Account & Card into a full-service digital wallet. PaysafeWallet has been fully rolled out across the PaysafeCard app, website, and customer-facing marketing in all live markets, creating one clear and unified value proposition.
PaysafeWallet is now live across 18 European markets: Germany, France, Greece, Spain, Italy, Austria, the Netherlands, Slovakia, Belgium, Portugal, Ireland, Slovenia, Finland, Cyprus, Latvia, Lithuania, Luxembourg, and Malta.
For existing users, nothing changes. More than 600,000 customers will continue to access cash deposits and their IBAN‑based account and debit card with uninterrupted service and functionality. At the same time, PaysafeWallet is expanding into new countries where PaysafeCard is already a very popular online payment method.
“PaysafeWallet is a core consumer product and a brand that carries the Paysafe name and represents where we are headed,” said Bob Legters, Chief Product Officer at Paysafe. “It connects cash‑based consumers to a modern digital wallet experience, combining everyday usability with the financial services they need to participate fully in the experience economy.”
PaysafeWallet builds on strong early momentum. Initially launched in select European markets to bring wallet capabilities to cash and digital consumers, the platform quickly expanded across multiple markets. Today, PaysafeWallet plays a central role in Paysafe’s strategy to create a connected consumer journey, enabling customers to move seamlessly from cash solutions to full‑service digital wallets.
About Paysafe
Paysafe is a global payments platform powering the experience economy, with a strong focus on the iGaming, video gaming, e-commerce, online trading, retail, travel and hospitality sectors. With 30 years of expertise in payment technology, Paysafe helps businesses and consumers lift every experience through seamless, secure payment solutions, including card payments, digital wallets such as Skrill, eCash solutions like PaysafeCard, and a suite of local payment methods. With approximately 2,800 employees across 12 countries and annualized transactional volume of $167 billion in 2025, Paysafe connects people and businesses worldwide through innovative digital payment experiences. Further information is available at www.paysafe.com
LONDON--(BUSINESS WIRE)--Paysafe Limited (NYSE: PSFE), a global payments platform, will announce first quarter 2026 financial results on Wednesday, May 13, 2026, before market open.
Management will host a live webcast to discuss the results at 8:30 a.m. ET the same day. The webcast, along with supplemental information, can be accessed on the investor relations section of the Paysafe website at ir.paysafe.com. An archive will be available after the conclusion of the event and will remain available via the same link for at least one year.
Webcast and Conference Call Information:
Time:
Wednesday, May 13, 2026, at 8:30 a.m. ET
Webcast:
Go to the Investor Relations section of the Paysafe website to listen and view slides
Dial in:
1-877-407-0752 (U.S. toll-free)
1-201-389-0912 (International)
About Paysafe
Paysafe is a global payments platform powering the experience economy, with a strong focus on the iGaming, video gaming, e-commerce, online trading, retail, travel and hospitality sectors. With 30 years of expertise in payment technology, Paysafe helps businesses and consumers lift every experience through seamless, secure payment solutions, including card payments, digital wallets such as Skrill, eCash solutions like PaysafeCard, and a suite of local payment methods. With approximately 2,800 employees across 12 countries and annualized transactional volume of $167 billion in 2025, Paysafe connects people and businesses worldwide through innovative digital payment experiences. Further information is available at www.paysafe.com.
LONDON--(BUSINESS WIRE)--Paysafe Limited (NYSE: PSFE) today announced financial results for the first quarter of 2026 that will be furnished with the Securities and Exchange Commission on a Form 6-K and available on its Investor Relations website at https://ir.paysafe.com/financial-info-and-filings/financial-results
Webcast and Conference Call
Paysafe will host a live webcast to discuss the results today at 8:30 a.m. (ET). The webcast and supplemental information can be accessed on the investor relations section of the Paysafe website at ir.paysafe.com. An archive will be available after the conclusion of the live event and will remain available via the same link for one year.
About Paysafe
Paysafe is a global payments platform powering the experience economy, with a strong focus on the iGaming, video gaming, e-commerce, online trading, retail, travel and hospitality sectors. With 30 years of expertise in payment technology, Paysafe helps businesses and consumers lift every experience through seamless, secure payment solutions, including card payments, digital wallets such as Skrill, eCash solutions like PaysafeCard, and a suite of local payment methods. With approximately 2,800 employees across 12 countries and annualized transactional volume of $167 billion in 2025, Paysafe connects people and businesses worldwide through innovative digital payment experiences. Further information is available at www.paysafe.com.
Paysafe’s eCommerce revenue rose 17%, led by 28% growth in iGaming revenue in the latest quarter.
Digital wallet revenue increased 15% as three-month active users climbed 9% to 7.9 million.
Paysafe said it is building payment infrastructure for agentic commerce across AI platforms including ChatGPT, Claude and Gemini.
As digital wallets, eCommerce and AI-powered payments continue reshaping online commerce, Paysafe used its latest quarter to position itself at the intersection of those trends while also navigating some of the pressures that can come with scaling a global payments platform.
The company reported first-quarter revenue of $442.7 million, up 10% year over year.
Wallets, eCommerce and Agentic Commerce Paysafe CEO Bruce Lowthers said on the Wednesday (May 13) conference call that the quarter reflected continued momentum across sports betting, digital wallets and Latin American markets, alongside investments designed to support AI-enabled commerce.
Lowthers also pointed to accelerating adoption of Paysafe’s wallet products across Europe and Latin America. Active users reached 7.9 million in the quarter, up 9% year over year.
The company’s digital wallets segment generated $216.3 million in revenue, up 15%, while wallet volume increased 19% to $7.1 billion. Within merchant solutions, eCommerce revenue increased 17%, led by 28% growth in iGaming. Paysafe also highlighted strong activity tied to the NFL playoffs, Super Bowl and March Madness.
Lowthers said the company is increasingly focusing on how payments infrastructure can support agentic commerce models where artificial intelligence assistants initiate transactions on behalf of consumers. He told analysts, “With one integration, Paysafe can enable merchants to offer AI powered commerce across ChatGPT, Claude, and Gemini along with their own portal and apps.”
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According to Lowthers, the company sees agentic commerce as “a meaningful evolution in how transactions originate.”
The company also continued leaning into automation internally. Paysafe management noted on the conference call Wednesday that nearly 60% of consumer support interactions were resolved through digital assistance channels during the quarter, up 25% from a year ago.
Latin America and Wallet Adoption Gain Momentum Latin America remained one of the company’s strongest growth engines.
Paysafe said its local payments network and wallet offerings continue gaining traction across the region as consumers shift from cash toward digital payment methods. The company reported that Latin America active users reached 3.3 million during the quarter, the highest level to date.
The company’s PagoEfectivo Wallet product was also highlighted as a contributor to user growth and engagement. Paysafe said its Latin America network now spans roughly 400,000 collection points and covers about 90% of local payment method coverage across key markets.
Lowthers said the company’s wallet expansion in Europe is also gaining ground.
“We are much more aggressive about consumer acquisition today than we ever have been,” Lowthers said during the Q&A session.
He also said PaysafeWallet recorded its strongest month on record in March.
Credit Losses Pressure Margins Even as revenue trends strengthened, the company acknowledged pressure described as being temporary in nature.
Lowthers said Paysafe experienced “increase in credit losses while converting to a new risk management platform.”
He added that the losses “were contained over the course of a few weeks beginning in March and shouldn’t have an impact on the business going forward as our models continue to mature.”
Those higher losses weighed on profitability in the merchant solutions segment. Adjusted EBITDA for merchant solutions declined to $28.1 million from $29.4 million a year earlier, while adjusted EBITDA margin fell to 12.2% from 13.5%.
CFO Highlights Investments and Outlook Chief Financial Officer John Crawford said the company’s results also reflected elevated investments in marketing and technology infrastructure.
The company ended the quarter with a leverage ratio of 5.2x, down from 5.5x at the end of 2025.
Looking ahead, Paysafe reaffirmed its full-year guidance. The company continues to expect revenue growth and adjusted EBITDA growth in the range of 5% to 8%.
PaySafe Stock is an iGaming Growth Play After the SPAC Sell-Off Paysafe NYSE: PSFE reported a stronger start to 2026, with first-quarter revenue rising 10% and adjusted earnings per share increasing 21%, while management reaffirmed its full-year outlook and emphasized debt reduction as a key priority.
On the company’s first-quarter earnings call, Chief Executive Officer Bruce Lowthers said Paysafe delivered “strong revenue growth of 10%, adjusted EBITDA growth of 4%, and 21% growth in adjusted EPS.” The payments company generated $67 million in unlevered free cash flow during the quarter, up 17% from the prior year, and reduced its net leverage ratio to 5.2x.
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Lowthers said the quarter benefited from sports betting activity during the NFL playoffs, outperformance in the consumer business, favorable foreign exchange and another licensing agreement to monetize company data. Active consumer users reached 7.9 million, up 9% year over year.
Revenue Growth Led by Digital Wallets, iGaming and Latin America Chief Financial Officer John Crawford said first-quarter revenue was $442.7 million, up 10% on a reported basis. Organic growth was 8%, or approximately 6% after normalizing for a $7 million contribution from a licensing data deal. Across Paysafe’s top 20 countries, revenue grew 13% in the quarter.
Adjusted EBITDA rose 4% to $99.2 million, while adjusted EBITDA margin declined 130 basis points. Crawford attributed the margin pressure to a $6 million increase in marketing and IT investment and a $10 million increase in credit loss expense, partly offset by the benefit of the data deal.
In digital wallets, volume rose 19% to $7.1 billion, or 9% on a constant-currency basis. Revenue in the segment increased 15% to $216.3 million, with organic growth of 7%. Three-month active users grew 9%, led by Latin America. Adjusted EBITDA for digital wallets rose 15% to $94.9 million, and the segment’s adjusted EBITDA margin was 43.9%, down 10 basis points despite higher consumer marketing spending.
Lowthers highlighted Latin America as a major growth driver, saying Paysafe’s local and alternative payment offerings are benefiting as the region shifts from a cash-oriented culture toward digital wallets and account-to-account payments. Active users in Latin America reached 3.3 million in the first quarter, the company’s highest level to date in the region.
Lowthers said Paysafe expects “strong double-digit growth throughout 2026” in Latin America as it continues to build momentum with product innovation and go-to-market efforts.
Merchant Segment Shows Growth, But Mix Weighs on Margins In merchant solutions, volume increased 9% to $37.2 billion. Organic revenue growth was 9%, or about 5% excluding the data deal. Crawford said the segment’s underlying gross margin declined because of business mix, reflecting stronger growth from the lower-margin ISO channel.
Adjusted EBITDA in the merchant segment was $28.1 million, down from $29.4 million in the prior-year period. During the question-and-answer portion of the call, Crawford said merchant margins are expected to improve gradually later in the year, with the second quarter likely to look similar to the first quarter.
“We expect to be in the upper mid-teens, potentially higher than that, by the end of the year,” Crawford said, adding that better performance in the direct channel during the second half should support margin improvement.
The company said e-commerce revenue grew 17% in the quarter, led by iGaming growth of 28%. The small and medium-sized business segment grew 2%, reflecting modest improvement in attrition. Lowthers said attrition was better than expected, though the company has not yet modeled that improvement for the full year.
iGaming, Crypto Pilots and AI Commerce Highlight Strategic Focus Lowthers said global iGaming revenue grew 20% year over year, with strength across both company segments and core regions. He cited robust activity during the NFL playoffs, Super Bowl and March Madness.
Paysafe also announced a partnership with MoonPay to allow players to deposit stablecoins and cryptocurrencies with iGaming and daily fantasy sports brands in the U.S. Lowthers said five operator pilots are underway, and described crypto payment capability as another local payment method that responds to consumer demand.
“For us, we look at it as really just another LPM that we’re providing, that consumers want,” Lowthers said.
The company also discussed its efforts in AI-enabled commerce. Lowthers said Paysafe partnered with Norwegian Air to demonstrate end-to-end “agentic payment” capabilities aligned with emerging protocols from Visa and Mastercard. He said one Paysafe integration can enable merchants to offer AI-powered commerce across ChatGPT, Claude and Gemini, as well as their own portals and apps.
Lowthers also pointed to AI as a factor in Paysafe’s marketing transformation, including automated segmentation, smarter targeting and more personalized customer experiences. In Europe, he said campaigns in Spain and France have helped drive momentum for PaysafeWallet, which recorded its strongest month to date in March.
Debt Reduction Remains a Priority Paysafe ended the quarter with total debt just under $2.5 billion, down $122 million from the fourth quarter after repaying more than $100 million and receiving a modest benefit from foreign exchange. Net leverage declined to 5.2x from 5.5x at the end of the prior quarter.
Crawford said Paysafe repurchased 588,000 shares in January, related to a December order, but noted that deleveraging is the company’s priority this year.
“While we continue to think our shares are undervalued, reducing leverage is our priority this year, supported by our expected growth in adjusted EBITDA and strong cash flow generation,” Crawford said.
Lowthers said net leverage should be a key indicator for shareholders over the next 24 months because of its potential impact on valuation.
Full-Year Guidance Reaffirmed Paysafe reaffirmed its 2026 outlook for revenue growth, adjusted EBITDA and adjusted earnings per share. Crawford said the company continues to expect revenue and adjusted EBITDA to grow in the range of 5% to 8% for the full year, while adjusted EPS is expected to grow by double digits.
For the second quarter, the company expects revenue growth to be moderately below the full-year guidance range, at approximately 4%, reflecting the first quarter’s licensing deal, foreign exchange tailwind and seasonally high sports betting volumes. Crawford said first-half revenue growth is expected to be about 7%.
Management also expects operating expenses to be weighted toward the first half of the year, including a $14 million year-over-year increase related to marketing and IT investments. Following the first-quarter credit loss increase, Paysafe expects first-half adjusted EBITDA to be roughly flat year over year, with stronger performance anticipated in the second half.
Lowthers closed the call by saying the company’s priorities for 2026 are execution, product momentum and debt reduction. He also noted recent board changes, including the addition of Ignacio Caride and the transition of Eli Nagler to a board observer role, leaving Paysafe with nine independent directors out of 12 total board members.
About Paysafe NYSE: PSFEPaysafe is a global payments provider that delivers a comprehensive suite of online and offline payment solutions. The company operates a diverse portfolio of products, including digital wallets under the Skrill and Neteller brands, prepaid voucher services through paysafecard, and integrated payment processing solutions for merchants. Paysafe's platform is designed to serve a wide range of industries, from e-commerce and digital goods to gaming, financial services, and regulated verticals, offering tailored risk and compliance management alongside its core transaction capabilities.
Founded through a series of mergers and strategic acquisitions, Paysafe traces its origins to the launch of paysafecard in 2000 and the establishment of Optimal Payments in 1996.
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LONDON--(BUSINESS WIRE)--Paysafe Limited (NYSE: PSFE), a global payments platform, today announced that Chief Financial Officer, John Crawford, will participate in a fireside chat at the RBC Capital Markets Global Financial Technology Conference on Tuesday, June 9, 2026 in New York, NY. The discussion will begin at 3:30 pm ET. Management will also participate in investor meetings throughout the day.
A live webcast of the fireside chat will be available on the Paysafe Investor Relations website at ir.paysafe.com under the “Events” section and archived for a limited time.
About Paysafe
Paysafe is a global payments platform powering the experience economy, with a strong focus on the iGaming, video gaming, e-commerce, online trading, retail, travel and hospitality sectors. With 30 years of expertise in payment technology, Paysafe helps businesses and consumers lift every experience through seamless, secure payment solutions, including card payments, digital wallets such as Skrill, eCash solutions like PaysafeCard, and a suite of local payment methods. With approximately 2,800 employees across 12 countries and annualized transactional volume of $167 billion in 2025, Paysafe connects people and businesses worldwide through innovative digital payment experiences. Further information is available at www.paysafe.com.
83% of U.S. bettors are keen to use cryptocurrency to fund wagers with online sportsbooks, when permitted, according to research issued today by leading payments platform Paysafe (NYSE: PSFE). The company’s All the Ways Players Pay: Crypto Editionreport also suggests that when a state permits crypto payments, sportsbooks supporting deposits by digital assets and even payouts will gain a competitive edge in player acquisition and retention.
As well as bettors in states where crypto deposits aren’t yet permitted – Florida, New Jersey, New York, Ohio, and Pennsylvania – Paysafe surveyed Illinois and Virginia, which have the regulatory latitude to give operators specific permission for crypto-to-cash funding products. Importantly, the study included the two states which explicitly permit crypto deposits, Colorado and Wyoming, where 59% and 45% of bettors, respectively, have already funded a bet with a digital asset.
With 64% of active U.S. bettors owning cryptocurrency, deposits using digital assets would almost certainly trend even higher in other states when permitted. In New York, 92% of players have appetite for crypto deposits, with demand in Illinois and Florida almost as high (88% in both).
When permitted, crypto would be a top-3 payment method for funding wagers, with 45% of players listing crypto as a preference after digital wallets (favored by 55%) and debit cards (50%). In New York, crypto would be second only to wallets (54% versus 59%), with a similar dynamic evident in Illinois, where 52% list crypto as a preference compared to 58% digital wallets.
Despite crypto’s potential to rival wallets and bank cards, other payment methods would remain relevant. Even if digital assets were permitted, credit cards (a preference for 37%) and pay-by-bank solutions and bank transfers (also 37%) would still be relatively popular. And even niche payment options would not be completely overshadowed if crypto were thrown into the transactional mix, with almost a quarter of bettors (23%) still listing local payment methods like peer-to-peer apps and 14% eCash solutions like PaysafeCash.
Players also have interest in cashing-out their winnings in crypto, which is not yet permitted by any state. Well over eight out of 10 bettors (85%) are keen for crypto withdrawals.
Given bettor appetite for cashing-out and crypto funding, it’s unsurprising that digital assets would play an influential role in their selection of a new sportsbook. While brand trust dominates sportsbook choice (prioritized by 36%), crypto payment factors are almost as important, including seamless crypto withdrawals (prioritized by 29%), ability to transact with crypto or other preferred payment methods (28%), and seamless crypto deposits (26%).
Crypto payments’ value extends to player retention. Seven out of 10 players (71%) feel that transacting using digital assets would improve their overall betting experience, with just 18% disagreeing and the remaining 11% unsure.
While crypto will invariably enhance customer stickiness, operators need to carefully evaluate crypto payment products as a poor transactional experience will risk churn, with 71% likely to abandon a sportsbook as a result. Players in some states are even less forgiving, especially New York (80% would switch brands), but also Florida and Illinois (75% in both).
Zak Cutler, President of Global Gaming at Paysafe, commented: “While crypto payments are only currently permitted in a relatively modest cohort of U.S. states, our latest research indicates that there’s strong player appetite for crypto at the cashier in not just these jurisdictions but across the broader market. As regulation evolves and as more iGaming markets embrace digital assets’ impressive value at the cashier, we’re confident that crypto will not just become an important payment method, but arguably pivotal to the industry’s transactional future.”
Disclaimer
Neither Paysafe nor any of its affiliates endorse or promote any form of wagering or gambling. Please note that all forms of gambling and betting (online and otherwise) carry with them inherent financial risk and risk of financial loss. Any gambling or betting activities should be exercised responsibly and with moderation in compliance with all applicable laws and regulations.
About Paysafe’s ‘All the Ways Players Pay: Crypto Edition’ research report
The report was based on a survey conducted in March 2026 on behalf of Paysafe by Sapio Research among 2,550 respondents of legal gambling age across nine U.S. states with regulated online sports-betting (Colorado, Florida, Illinois, New Jersey, New York, Ohio, Pennsylvania, Virginia, and Wyoming). All respondents either actively bet online or intended to within the next 12 months.
Download the full report: https://www.paysafe.com/en/all-the-ways-players-pay-crypto-2026/
About Paysafe
Paysafe is a global payments platform powering the experience economy, with a strong focus on the iGaming, video gaming, e-commerce, online trading, retail, travel and hospitality sectors. With 30 years of expertise in payment technology, Paysafe helps businesses and consumers lift every experience through seamless, secure payment solutions, including card payments, digital wallets such as Skrill, eCash solutions like PaysafeCard, and a suite of local payment methods. With approximately 2,800 employees across 12 countries and annualized transactional volume of $167 billion in 2025, Paysafe connects people and businesses worldwide through innovative digital payment experiences.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260601143251/en/
Four out of five bettors have appetite for crypto deposits, with digital asset transactions a likely game-changer for sportsbooks’ customer conversion and retention
JACKSONVILLE, Fla.--(BUSINESS WIRE)--83% of U.S. bettors are keen to use cryptocurrency to fund wagers with online sportsbooks, when permitted, according to research issued today by leading payments platform Paysafe (NYSE: PSFE). The company’s All the Ways Players Pay: Crypto Edition report also suggests that when a state permits crypto payments, sportsbooks supporting deposits by digital assets and even payouts will gain a competitive edge in player acquisition and retention.
As well as bettors in states where crypto deposits aren’t yet permitted – Florida, New Jersey, New York, Ohio, and Pennsylvania – Paysafe surveyed Illinois and Virginia, which have the regulatory latitude to give operators specific permission for crypto-to-cash funding products. Importantly, the study included the two states which explicitly permit crypto deposits, Colorado and Wyoming, where 59% and 45% of bettors, respectively, have already funded a bet with a digital asset.
With 64% of active U.S. bettors owning cryptocurrency, deposits using digital assets would almost certainly trend even higher in other states when permitted. In New York, 92% of players have appetite for crypto deposits, with demand in Illinois and Florida almost as high (88% in both).
When permitted, crypto would be a top-3 payment method for funding wagers, with 45% of players listing crypto as a preference after digital wallets (favored by 55%) and debit cards (50%). In New York, crypto would be second only to wallets (54% versus 59%), with a similar dynamic evident in Illinois, where 52% list crypto as a preference compared to 58% digital wallets.
Despite crypto’s potential to rival wallets and bank cards, other payment methods would remain relevant. Even if digital assets were permitted, credit cards (a preference for 37%) and pay-by-bank solutions and bank transfers (also 37%) would still be relatively popular. And even niche payment options would not be completely overshadowed if crypto were thrown into the transactional mix, with almost a quarter of bettors (23%) still listing local payment methods like peer-to-peer apps and 14% eCash solutions like PaysafeCash.
Players also have interest in cashing-out their winnings in crypto, which is not yet permitted by any state. Well over eight out of 10 bettors (85%) are keen for crypto withdrawals.
Given bettor appetite for cashing-out and crypto funding, it’s unsurprising that digital assets would play an influential role in their selection of a new sportsbook. While brand trust dominates sportsbook choice (prioritized by 36%), crypto payment factors are almost as important, including seamless crypto withdrawals (prioritized by 29%), ability to transact with crypto or other preferred payment methods (28%), and seamless crypto deposits (26%).
Crypto payments’ value extends to player retention. Seven out of 10 players (71%) feel that transacting using digital assets would improve their overall betting experience, with just 18% disagreeing and the remaining 11% unsure.
While crypto will invariably enhance customer stickiness, operators need to carefully evaluate crypto payment products as a poor transactional experience will risk churn, with 71% likely to abandon a sportsbook as a result. Players in some states are even less forgiving, especially New York (80% would switch brands), but also Florida and Illinois (75% in both).
Zak Cutler, President of Global Gaming at Paysafe, commented: “While crypto payments are only currently permitted in a relatively modest cohort of U.S. states, our latest research indicates that there’s strong player appetite for crypto at the cashier in not just these jurisdictions but across the broader market. As regulation evolves and as more iGaming markets embrace digital assets’ impressive value at the cashier, we’re confident that crypto will not just become an important payment method, but arguably pivotal to the industry’s transactional future.”
Disclaimer
Neither Paysafe nor any of its affiliates endorse or promote any form of wagering or gambling. Please note that all forms of gambling and betting (online and otherwise) carry with them inherent financial risk and risk of financial loss. Any gambling or betting activities should be exercised responsibly and with moderation in compliance with all applicable laws and regulations.
About Paysafe’s ‘All the Ways Players Pay: Crypto Edition’ research report
The report was based on a survey conducted in March 2026 on behalf of Paysafe by Sapio Research among 2,550 respondents of legal gambling age across nine U.S. states with regulated online sports-betting (Colorado, Florida, Illinois, New Jersey, New York, Ohio, Pennsylvania, Virginia, and Wyoming). All respondents either actively bet online or intended to within the next 12 months.
Download the full report: https://www.paysafe.com/en/all-the-ways-players-pay-crypto-2026/
About Paysafe
Paysafe is a global payments platform powering the experience economy, with a strong focus on the iGaming, video gaming, e-commerce, online trading, retail, travel and hospitality sectors. With 30 years of expertise in payment technology, Paysafe helps businesses and consumers lift every experience through seamless, secure payment solutions, including card payments, digital wallets such as Skrill, eCash solutions like PaysafeCard, and a suite of local payment methods. With approximately 2,800 employees across 12 countries and annualized transactional volume of $167 billion in 2025, Paysafe connects people and businesses worldwide through innovative digital payment experiences.
Spotlighting business payments and consumer digital wallet experiences for soccer fans, the ‘In A State’ tour brings viral creators together for a live celebration of soccer and fundraising for Prostate Cancer UK
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Paysafe (NYSE: PSFE), a global payments platform, is taking its technology to the heart of America’s biggest soccer summer, fueling a 39-day, 15,000-mile streamed road trip powered by viral creators Woody & Kleiny.
“This tour puts Paysafe and Skrill at the heart of the action, powering the moments that matter most,” said Alisa Barber, Chief Marketing Officer at Paysafe.
Share Known as the ‘In A State’ tour, this record-breaking journey streams live on Kick and TikTok from June 11, as Woody & Kleiny tear through major cities including Los Angeles, Arlington, Boston and East Rutherford, engaging soccer fans and shining a spotlight on the businesses that make these places tick. The tour will also raise awareness and funds for Prostate Cancer UK, supporting life-saving research, earlier diagnosis and better outcomes for men affected by prostate cancer, which is now the most common cancer in the UK and the only major cancer without a screening program.
Paysafe is the payments engine sponsoring the tour, putting its processing solutions for businesses and its consumer facing digital wallet, Skrill, center stage. Through 24/7 live streaming, in-person activations and creator-led content, Paysafe’s technology will come to life in the most authentic setting imaginable: the real-world energy of America’s biggest soccer tournament.
Woody & Kleiny have built one of the world's largest creator communities, reaching more than 50 million followers across online platforms and generating over 45 billion views.
Paysafe Spotlights Local Businesses
Paysafe will spotlight local businesses, including bars, restaurants, hotels, and retailers, across the route. Woody & Kleiny will showcase Paysafe-powered payment solutions for local merchants via live interactions.
As part of its broader commitment to supporting businesses, Paysafe provides integrated payment solutions tailored to the needs of local merchants. This includes POS technology such as payment devices, competitive payment processing offerings, and value-added services designed to help businesses operate more efficiently. Through these activations, Paysafe will demonstrate how its solutions enable businesses to streamline operations, manage peak demand, and deliver seamless payment experiences.
Skrill: The Wallet That Moves at the Speed of the Game
Paysafe’s digital wallet Skrill will be front and center across the entire ‘In A State’ tour. From fan giveaways to real-time digital payments, Skrill will enable fast, secure transactions within high-energy environments. Fans will interact with Skrill through on-the-ground activations, digital rewards, and integrated content moments — proving that a great digital wallet doesn’t just make payments easier, it makes every experience better.
Through these activations, Skrill will play a visible role in powering fan engagement, from rewarding participation to enabling seamless transactions in real time, demonstrating how the digital wallet can enhance every moment of the fan journey.
“This tour puts Paysafe and Skrill at the heart of the action, powering the moments that matter most,” said Alisa Barber, Chief Marketing Officer at Paysafe. “Woody & Kleiny have an extraordinary ability to turn everyday life into must-watch content and combining that with our technology demonstrates how seamless payments can lift every experience.”
The stream will be complemented by daily YouTube recaps, short-form social content, celebrity appearances and real-time fan engagement — reaching audiences across the globe. Paysafe branding will be unmissable throughout: on the tour bus, across activations, and at the center of every major match-day moment.
For Paysafe, this tour shows how world-class payment technology, the right partners and the biggest sporting event of the decade can come together to create something genuinely extraordinary, while also raising vital awareness and funds for prostate cancer. Fans can donate to Prostate Cancer UK via the official Woody & Kleiny GoFundMe page.
Follow, watch and engage with the tour across Woody & Kleiny, Paysafe and Skrill’s social channels.
Tour Route and Key Stops
Woody & Kleiny will travel through major U.S. cities, where soccer fans will be gathering throughout the tournament. Key stops include:
Los Angeles (June 12), Arlington, TX (June 17), Boston (June 23) East Rutherford, NJ on June 25 and 27 Other cities as the tournament unfolds. About Skrill
Skrill is a leading digital wallet within the Paysafe experience offering, enabling customers to make fast, secure payments and money transfers worldwide, whether they’re transacting with online sports betting and iGaming brands, trading forex and financial assets, sending money to family and friends or shopping online.
About Paysafe
Paysafe is a global payments platform powering the experience economy, with a strong focus on the iGaming, video gaming, e-commerce, online trading, retail, travel and hospitality sectors. With 30 years of expertise in payment technology, Paysafe helps businesses and consumers lift every experience through seamless, secure payment solutions, including card payments, digital wallets such as Skrill, eCash solutions like PaysafeCard, and a suite of local payment methods. With approximately 2,800 employees across 12 countries and annualized transactional volume of $167 billion in 2025, Paysafe connects people and businesses worldwide through innovative digital payment experiences.
About Woody & Kleiny
Woody & Kleiny are one of the most watched entertainment duos in the world, known for creating viral moments that regularly take over the internet. The pair have built a global audience through high-energy, light-hearted content designed purely to entertain and make people laugh, often at each other’s expense, with their unpredictable challenges, pranks and social experiments becoming hugely popular on leading social media platforms.
Across TikTok, YouTube, Instagram, Facebook and Snapchat, Woody & Kleiny have amassed more than 50 million followers and 47 billion views, with no sign of slowing down ahead of their tour of the United States this summer.
While best known for short-form viral entertainment, In A State marks their biggest and most ambitious project to date, taking their audience from short-form internet moments into a 39-day, 24/7 live-streamed journey across America.
Paysafe (NYSE: PSFE), a global payments platform, is taking its technology to the heart of America’s biggest soccer summer, fueling a 39-day, 15,000-mile streamed road trip powered by viral creators Woody & Kleiny.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260611493001/en/
Woody & Kleiny’s ‘In A State’ tour brings 39 days, 15,000 miles and nonstop live streaming to the heart of America’s biggest soccer summer. Powered by Paysafe and Skrill to connect fans, creators and local businesses in real time.
Known as the ‘In A State’ tour, this record-breaking journey streams live on Kick and TikTok from June 11, as Woody & Kleiny tear through major cities including Los Angeles, Arlington, Boston and East Rutherford, engaging soccer fans and shining a spotlight on the businesses that make these places tick. The tour will also raise awareness and funds for Prostate Cancer UK, supporting life-saving research, earlier diagnosis and better outcomes for men affected by prostate cancer, which is now the most common cancer in the UK and the only major cancer without a screening program.
Paysafe is the payments engine sponsoring the tour, putting its processing solutions for businesses and its consumer facing digital wallet, Skrill, center stage. Through 24/7 live streaming, in-person activations and creator-led content, Paysafe’s technology will come to life in the most authentic setting imaginable: the real-world energy of America’s biggest soccer tournament.
Woody & Kleiny have built one of the world's largest creator communities, reaching more than 50 million followers across online platforms and generating over 45 billion views.
Paysafe Spotlights Local Businesses
Paysafe will spotlight local businesses, including bars, restaurants, hotels, and retailers, across the route. Woody & Kleiny will showcase Paysafe-powered payment solutions for local merchants via live interactions.
As part of its broader commitment to supporting businesses, Paysafe provides integrated payment solutions tailored to the needs of local merchants. This includes POS technology such as payment devices, competitive payment processing offerings, and value-added services designed to help businesses operate more efficiently. Through these activations, Paysafe will demonstrate how its solutions enable businesses to streamline operations, manage peak demand, and deliver seamless payment experiences.
Skrill: The Wallet That Moves at the Speed of the Game
Paysafe’s digital wallet Skrill will be front and center across the entire ‘In A State’ tour. From fan giveaways to real-time digital payments, Skrill will enable fast, secure transactions within high-energy environments. Fans will interact with Skrill through on-the-ground activations, digital rewards, and integrated content moments — proving that a great digital wallet doesn’t just make payments easier, it makes every experience better.
Through these activations, Skrill will play a visible role in powering fan engagement, from rewarding participation to enabling seamless transactions in real time, demonstrating how the digital wallet can enhance every moment of the fan journey.
“This tour puts Paysafe and Skrill at the heart of the action, powering the moments that matter most,” said Alisa Barber, Chief Marketing Officer at Paysafe. “Woody & Kleiny have an extraordinary ability to turn everyday life into must-watch content and combining that with our technology demonstrates how seamless payments can lift every experience.”
The stream will be complemented by daily YouTube recaps, short-form social content, celebrity appearances and real-time fan engagement — reaching audiences across the globe. Paysafe branding will be unmissable throughout: on the tour bus, across activations, and at the center of every major match-day moment.
For Paysafe, this tour shows how world-class payment technology, the right partners and the biggest sporting event of the decade can come together to create something genuinely extraordinary, while also raising vital awareness and funds for prostate cancer. Fans can donate to Prostate Cancer UK via the official Woody & Kleiny GoFundMe page.
Follow, watch and engage with the tour across Woody & Kleiny, Paysafe and Skrill’s social channels.
Tour Route and Key Stops
Woody & Kleiny will travel through major U.S. cities, where soccer fans will be gathering throughout the tournament. Key stops include:
Los Angeles (June 12), Arlington, TX (June 17), Boston (June 23) East Rutherford, NJ on June 25 and 27 Other cities as the tournament unfolds. About Skrill
Skrill is a leading digital wallet within the Paysafe experience offering, enabling customers to make fast, secure payments and money transfers worldwide, whether they’re transacting with online sports betting and iGaming brands, trading forex and financial assets, sending money to family and friends or shopping online.
About Paysafe
Paysafe is a global payments platform powering the experience economy, with a strong focus on the iGaming, video gaming, e-commerce, online trading, retail, travel and hospitality sectors. With 30 years of expertise in payment technology, Paysafe helps businesses and consumers lift every experience through seamless, secure payment solutions, including card payments, digital wallets such as Skrill, eCash solutions like PaysafeCard, and a suite of local payment methods. With approximately 2,800 employees across 12 countries and annualized transactional volume of $167 billion in 2025, Paysafe connects people and businesses worldwide through innovative digital payment experiences.
About Woody & Kleiny
Woody & Kleiny are one of the most watched entertainment duos in the world, known for creating viral moments that regularly take over the internet. The pair have built a global audience through high-energy, light-hearted content designed purely to entertain and make people laugh, often at each other’s expense, with their unpredictable challenges, pranks and social experiments becoming hugely popular on leading social media platforms.
Across TikTok, YouTube, Instagram, Facebook and Snapchat, Woody & Kleiny have amassed more than 50 million followers and 47 billion views, with no sign of slowing down ahead of their tour of the United States this summer.
While best known for short-form viral entertainment, In A State marks their biggest and most ambitious project to date, taking their audience from short-form internet moments into a 39-day, 24/7 live-streamed journey across America.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260611493001/en/
BEIJING, March 13, 2026 (GLOBE NEWSWIRE) -- iQIYI, Inc. (Nasdaq: IQ) (“iQIYI” or the “Company”), a leading provider of online entertainment video services in China, today announced the results of its previously announced repurchase right offer relating to its 6.50% Convertible Senior Notes due 2028 (CUSIP No. G4939KAF3) (the “Notes”). The repurchase right offer expired at 5:00 p.m., New York City time, on Thursday, March 12, 2026. Based on information from Citibank, N.A. as the paying agent for the Notes (the “Paying Agent”), US$207,800,000 aggregate principal amount of the Notes were validly surrendered and not withdrawn prior to the expiration of the repurchase right offer. The aggregate amount of the repurchase price of these Notes (including the aggregate principal amount of the Notes plus accrued and unpaid interest) (the “Repurchase Price”) is US$207,800,000. The Company has forwarded cash in payment of the Repurchase Price to the Paying Agent for distribution to the Holders that had validly exercised their repurchase right. Following settlement of the repurchase, US$259,000 aggregate principal amount of the Notes will remain outstanding and continue to be subject to the existing terms of the Indenture and the Notes.
About iQIYI, Inc.
iQIYI, Inc. is a leading provider of online entertainment video services in China. It combines creative talent with technology to foster an environment for continuous innovation and the production of blockbuster content. It produces, aggregates and distributes a wide variety of professionally produced content, as well as a broad spectrum of other video content in a variety of formats. iQIYI distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. Over time, iQIYI has built a massive user base and developed a diversified monetization model including membership services, online advertising services, content distribution, online games, talent agency, experience business, etc.
BEIJING, March 16, 2026 (GLOBE NEWSWIRE) -- iQIYI, Inc. (Nasdaq: IQ) (“iQIYI” or the “Company”), a leading provider of online entertainment video services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission on March 16, 2026, U.S. Eastern Time. The annual report can be accessed on the Company’s investor relations website at http://ir.iqiyi.com.
The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations Department, iQIYI, Inc., 4/F, iQIYI Youth Center, Yoolee Plaza, No. 21, North Road of Workers' Stadium, Chaoyang District, Beijing 100027, People’s Republic of China.
About iQIYI, Inc.
iQIYI, Inc. is a leading provider of online entertainment video services in China. It combines creative talent with technology to foster an environment for continuous innovation and the production of blockbuster content. It produces, aggregates and distributes a wide variety of professionally produced content, as well as a broad spectrum of other video content in a variety of formats. iQIYI distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. Over time, iQIYI has built a massive user base and developed a diversified monetization model including membership services, online advertising services, content distribution, online games, talent agency, experience business, etc.
For more information, please contact:
Investor Relations
iQIYI, Inc. [email protected]
Shares of iQIYI, Inc. Sponsored ADR (NASDAQ: IQ - Get Free Report) have been given a consensus recommendation of "Hold" by the four analysts that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and two have issued a buy recommendation
BEIJING, March 30, 2026 (GLOBE NEWSWIRE) -- iQIYI, Inc. (Nasdaq: IQ) (“iQIYI” or the “Company”), a leading provider of online entertainment video services in China, today announced its latest corporate and business developments, including a proposed listing on the Main Board of the Hong Kong Stock Exchange (the “Proposed Listing”), the adoption of a share repurchase program, and the open commercial testing of its proprietary AI agents Nadou Pro.
Proposed Listing
A listing application form has been submitted to the Hong Kong Stock Exchange (the “HKEX”) on a confidential basis to apply for the listing of, and permission to deal in, the Class A ordinary shares of the Company on the HKEX. The Proposed Listing aims to enhance the Company’s access to the capital market in Hong Kong, broaden the Company’s investor base by increasing exposure to Asia-based institutional and retail investors, and strengthen the Company’s international profile.
Details of the Proposed Listing have not yet been finalized. The Proposed Listing is subject to, among others, the obtaining of approvals from the HKEX, the completion of the filing with the China Securities Regulatory Commission, and the final decision of the Company. There is no assurance that the Proposed Listing will take place or when it may take place.
This announcement shall not constitute an offer to sell or a solicitation of an offer to purchase any securities, in the United States or elsewhere, and shall not constitute an offer, solicitation or sale of the securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
Share Repurchase Program
On March 30, 2026, the Company’s board of directors approved a share repurchase program, under which the Company is authorized to repurchase up to US$100 million of its shares (including in the form of ADSs) in the next 18 months. The share repurchase program became effective immediately upon approval. The share repurchase program aims to demonstrate the Company’s confidence in its long-term business prospect and to deliver value to shareholders.
The Company’s proposed repurchases may be made from time to time through open market transactions at prevailing market prices, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The Company’s board of directors will review the share repurchase program periodically, and may authorize adjustments of its terms and size. The Company expects to fund the repurchase under the share repurchase program with its existing cash balance.
Launch of Proprietary AI Agents Nadou Pro
The Company recently launched open commercial testing for Nadou Pro, its proprietary AI agents and the first in China designed specifically for professional long-form video generation. By integrating leading foundation models with iQIYI’s deep expertise in premium content production, Nadou Pro effectively streamlines the entire production pipeline—from initial creative idea to final video generation.
About iQIYI, Inc.
iQIYI, Inc. is a leading provider of online entertainment video services in China. It combines creative talent with technology to foster an environment for continuous innovation and the production of blockbuster content. It produces, aggregates and distributes a wide variety of professionally produced content, as well as a broad spectrum of other video content in a variety of formats. iQIYI distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. Over time, iQIYI has built a massive user base and developed a diversified monetization model including membership services, online advertising services, content distribution, online games, talent agency, experience business, etc.
For more information, please contact:
Investor Relations
iQIYI, Inc. [email protected]
LivePerson (NASDAQ:LPSN – Get Free Report) and iQIYI (NASDAQ:IQ – Get Free Report) are both small-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, profitability, risk, earnings, analyst recommendations, dividends and valuation.
Analyst Recommendations This is a summary of current ratings and recommmendations for LivePerson and iQIYI, as provided by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score LivePerson 1 1 0 0 1.50 iQIYI 1 1 2 0 2.25 iQIYI has a consensus target price of $2.55, suggesting a potential upside of 83.21%. Given iQIYI’s stronger consensus rating and higher possible upside, analysts plainly believe iQIYI is more favorable than LivePerson.
Valuation and Earnings This table compares LivePerson and iQIYI”s top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio LivePerson $243.74 million 0.13 -$67.23 million ($13.05) -0.20 iQIYI $27.29 billion 0.05 -$29.50 million ($0.03) -46.33 iQIYI has higher revenue and earnings than LivePerson. iQIYI is trading at a lower price-to-earnings ratio than LivePerson, indicating that it is currently the more affordable of the two stocks.
Profitability This table compares LivePerson and iQIYI’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets LivePerson -27.58% N/A -8.06% iQIYI -0.76% -0.93% -0.27% Volatility & Risk LivePerson has a beta of 1.46, suggesting that its stock price is 46% more volatile than the S&P 500. Comparatively, iQIYI has a beta of 0.26, suggesting that its stock price is 74% less volatile than the S&P 500.
Institutional and Insider Ownership 79.8% of LivePerson shares are held by institutional investors. Comparatively, 52.7% of iQIYI shares are held by institutional investors. 2.0% of LivePerson shares are held by insiders. Comparatively, 57.8% of iQIYI shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Summary iQIYI beats LivePerson on 9 of the 14 factors compared between the two stocks.
About LivePerson (Get Free Report)
LivePerson, Inc. engages in conversational artificial intelligence. It enables brands to leverage the Conversational Cloud's intelligence engine to connect with consumers through an integrated suite of mobile and online business messaging technologies. The company offers the Conversational Cloud, an enterprise-class digital customer conversation platform, which enables businesses and consumers to connect through conversational channels, such as voice, in-app, and mobile messaging. It also provides professional services; LivePerson's Conversational AI, including conversation builder, manager, and intelligence, and intent manager. In addition, it provides Voice AI, conversational intelligence and insights, and integration services. The company sells its products to Fortune 500 companies, Internet businesses, online merchants, automotive dealers, educational institution, public sector, and not-for-profit organizations. It operates in the United States, Canada, Latin America, South America, Europe, the Middle East, Africa, the United Kingdom, and the Asia-Pacific. LivePerson, Inc. was incorporated in 1995 and is headquartered in New York, New York.
About iQIYI (Get Free Report)
iQIYI, Inc., together with its subsidiaries, provides online entertainment video services in the People's Republic of China. It offers various products and services, including online video, online games, online literature, animations, and other products. The company operates a platform that provides a collection of internet video content, such as professionally produced content licensed from professional content providers and self-produced content. It also offers membership, online advertising, content distribution, and live broadcasting services. In addition, the company operates iQIYI Show, a live broadcasting platform that enables users to follow their favorite hosts and shows in real time through live broadcasting; and iQIYI Lite that offers an easy and quick access to the personalized videos based on their user preferences. Further, it is involved in the talent agency and IP licensing activities, as well as engages in developing a video community app. The company was formerly known as Qiyi.com, Inc. and changed its name to iQIYI, Inc. in November 2017. iQIYI, Inc. was incorporated in 2009 and is headquartered in Beijing, China. iQIYI, Inc. is a subsidiary of Baidu, Inc.
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Streaming platform shifts toward AI-generated content and social features while facing pressure from short-video rivals Summary
AI-generated films and new incentives could reshape iQIYI’s growth strategy
iQIYI IQ is signaling a potentially major strategic shift as management leans into artificial intelligence to reshape how films and shows are created, positioning the company for what CEO Gong Yu described as a once-in-a-decade transition. Speaking at the company's annual content showcase in Beijing, Gong indicated that AI could eventually generate a meaningful portion of iQIYI's content from scratch, as the platform evolves from a traditional streaming service into a more social-media-oriented destination centered on AI-driven content. The move comes as the Baidu-backed company navigates ongoing pressure from short-video platforms, which have contributed to a prolonged revenue slowdown and pushed management to reconsider the balance between professionally produced programming and emerging formats.
As part of this transition, iQIYI introduced its Nadou Pro system, which the company says is capable of handling nearly the full production pipeline, including scriptwriting, storyboarding, and final rendering. Management outlined plans to begin scaling AI-generated content quickly, starting with a slate of 16 Nadou-produced films spanning genres such as sci-fi and anime, while targeting the release of a commercially successful AI-generated film as early as this summer. To expand its creator ecosystem, iQIYI is offering an additional 20% share of advertising and membership revenue to AI content producers, alongside the development of a standalone app designed to let users interact with characters through short-form video clips. The Nadou platform incorporates AI models from companies including Alibaba, ByteDance, and Kuaishou, with iQIYI highlighting its existing relationships with professional filmmakers as a potential advantage in building a more integrated production workflow.
This strategic pivot is unfolding against a challenging financial backdrop, with first-quarter revenue projected to decline 13% amid intensifying competition from short-form video platforms. In response, iQIYI is also targeting areas that could provide incremental growth, including overseas markets where membership revenue increased more than 30% last year, albeit from a smaller base, and physical entertainment initiatives such as its indoor theme park in Yangzhou. The company has also filed for a Hong Kong listing, which could broaden its access to regional capital as it executes this transition. At the same time, iQIYI's approach aligns with a broader industry trend, as global players such as Netflix and Amazon continue exploring AI to potentially reduce production costs and enhance content development capabilities.
BEIJING, April 23, 2026 (GLOBE NEWSWIRE) -- iQIYI, Inc. (NASDAQ: IQ) ("iQIYI" or the "Company"), a leading provider of online entertainment video services in China, today announced that it will report its financial results for the first quarter ended March 31, 2026 before the U.S. market opens on May 18, 2026.
iQIYI’s management will hold an earnings conference call at 7:00 AM on May 18, 2026, U.S. Eastern Time (7:00 PM on May 18, 2026, Beijing Time).
Please register in advance of the conference using the link provided below. Upon registering, you will be provided with participant dial-in numbers, passcode and unique access PIN by a calendar invite.
It will automatically direct you to the registration page of "iQIYI First Quarter 2026 Earnings Conference Call", where you may fill in your details for RSVP.
In the 10 minutes prior to the call start time, you may use the conference access information (including dial-in number(s), passcode and unique access PIN) provided in the calendar invite that you have received following your pre-registration.
A telephone replay of the call will be available after the conclusion of the conference call through May 25, 2026.
Dial-in numbers for the replay are as follows:
International Dial-in+1 855 883 1031Passcode:10054471
A live and archived webcast of the conference call will be available at http://ir.iqiyi.com/.
About iQIYI, Inc.
iQIYI, Inc. is a leading provider of online entertainment video services in China. It combines creative talent with technology to foster an environment for continuous innovation and the production of blockbuster content. It produces, aggregates and distributes a wide variety of professionally produced content, as well as a broad spectrum of other video content in a variety of formats. iQIYI distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. Over time, iQIYI has built a massive user base and developed a diversified monetization model including membership services, online advertising services, content distribution, online games, talent agency, experience business, etc.
, /PRNewswire/ -- On April 24, iQIYI, China's leading online entertainment platform, launched "Voices of Youth", a brand-new variety show bringing together 25 young artists spanning vocalists, idol artists, crossover actors, and emerging musicians to form China's first pop performance choral show. Before its premiere, the show topped the Most Anticipated Variety Shows chart on Weibo, China's leading social media platform, multiple times and debuted simultaneously on iQIYI International across markets to strong reception.
"Voices of Youth" introduces a first-of-its-kind "pop performance choral" format, moving beyond both traditional choral conventions and domestic idol competition shows. Integrating SATB (Soprano, Alto, Tenor, Bass) four-part professional choral arrangements with dance and theatrical staging, the show uses mixed-voice ensembles to enrich the musical texture and elevate the visual impact, delivering an immersive audiovisual experience that bridges choral artistry and popular culture. Grounded in the creative energy of today's Chinese youth, the format speaks a musical language familiar to international audiences.
The show follows 25 young artists through intensive training, competitive stage performance, and international cultural exchange, chronicling their journey from strangers into a unified ensemble and capturing the passion and camaraderie that define the experience of youth.
In its song selection and arrangements, the show is closely attuned to the aesthetic preferences of younger audiences, bringing choral music out of the concert hall and into the mainstream. The production team applies a world-class choral training framework across varieties of full-scale stage productions this season, holding every performance to rigorous artistic standards. Beyond the stage, the show serves as a platform for international cultural exchange, bringing together leading choral ensembles from China and abroad to showcase the musical talent and spirit of today's Chinese youth, and to build genuine connections between young artists across cultures.
"Voices of Youth" is the latest example of iQIYI's investment in original variety show, developing new formats that go beyond existing IP. By pairing a universally accessible art form, the series is part of iQIYI's broader effort to bring Chinese creative talent to a global audience.
iQIYI (NASDAQ:IQ | IQ Price Prediction) has been hammered in 2026, and the question for shareholders is whether the carnage has gone too far. The China-based streaming platform, a Baidu subsidiary, trades near multi-year lows after a brutal Q4 2025 earnings miss and a steady drumbeat of macro and content-cost concerns. Our proprietary model sees the setup very differently from the current stock price.
The 24/7 Wall St. price target for iQIYI is $3.53, pointing to 206.58% upside from the current $1.15 level. Our model flags IQ with high confidence (90%), framing this as a deep-value, turnaround setup on a battered ADR.
24/7 Wall St. Price Target Summary Metric Value Current Price $1.15 24/7 Wall St. Price Target $3.53 Upside 206.58% Model Signal Bullish Confidence Level 90% A Painful Year for IQ Shareholders IQ is down 40.1% year to date and 42.21% over the past year, sitting near its 52-week low of $1.07 against a high of $2.84. The weekly RSI of 34.4 places the stock in oversold territory.
The Q4 2025 report on February 26, 2026 delivered EPS of $0.0162 versus a $0.0614 consensus, a sizable miss. Revenue did grow 2.73% YoY to $998.07M, with content distribution up a striking 94% YoY and overseas revenue hitting a record. Advertising slipped 6% on macro pressure.
Why Bulls See a Breakout Ahead The bull case rests on three pillars. First, content distribution exploded 94% YoY in Q4, signaling that IQ’s IP-centric strategy is monetizing beyond subscriptions.
Second, overseas revenue hit a record, with CEO Yu Gong telling investors the firm plans to “accelerate breakthroughs across our overseas and experience businesses, and harness AI to cultivate a thriving content ecosystem enriched by AIGC.”
Third, the iQIYI Land experiential venue opens a fresh, asset-light growth lane.
Of 20 analysts covering IQ, 9 rate it Buy or Strong Buy and zero rate it Sell. Our bull-case scenario points to $3.70 within 12 months if AIGC monetization and overseas scale beat expectations.
The Risks Worth Watching Full-year 2025 was tough: revenue fell around 7%, free cash flow collapsed 94.35% YoY, and PAG loan exposure swelled to $636.6 million. China streaming competition from Tencent Video, Youku, and Bilibili remains intense, and ADR/geopolitical risk is non-trivial.
Bears would also flag the forward P/E of 110, which screens as expensive on its face. In fairness, that multiple reflects a depressed earnings base that any operating leverage could quickly reset. The Street’s $1.823 consensus target implies the downside scenario is largely priced in. Our bear case still produces $2.76 over 12 months.
The Bottom Line on IQ IQ at $1.15 may appeal to investors who can stomach China-ADR volatility and want exposure to a balance-sheet-supported turnaround with the cash cushion of $639.6M. The setup looks far less attractive if PAG debt service or another ad-revenue leg down looks imminent. The 24/7 Wall St. price target of $3.53 carries 90% confidence.
Year 24/7 Wall St. Price Target 2026 $2.28 2027 $3.53 2028 $7.98 2029 $14.24 2030 $21.01 These projections assume IQ continues executing on overseas expansion, AIGC integration, and IP-driven content strategy. Significant upside or downside could come from China regulatory shifts or PAG debt-related events.
BEIJING, May 18, 2026 (GLOBE NEWSWIRE) -- iQIYI, Inc. (Nasdaq: IQ) (“iQIYI” or the “Company”), a leading provider of online entertainment video services in China, today announced its unaudited financial results for the first quarter ended March 31, 2026.
First Quarter 2026 Highlights
Total revenues were RMB6.23 billion (US$902.5 million1), decreasing 13% year over year.Operating loss was RMB228.4 million (US$33.1 million) and operating loss margin was 4%, compared to operating income of RMB341.9 million and operating income margin of 5% in the same period in 2025.Non-GAAP operating loss2 was RMB148.6 million (US$21.5 million) and non-GAAP operating loss margin was 2%, compared to non-GAAP operating income of RMB458.5 million and non-GAAP operating income margin of 6% in the same period in 2025.Net loss attributable to iQIYI was RMB294.6 million (US$42.7 million), compared to net income attributable to iQIYI of RMB182.1 million in the same period in 2025.Non-GAAP net loss attributable to iQIYI2 was RMB234.4 million (US$34.0 million), compared to non-GAAP net income attributable to iQIYI of RMB304.4 million in the same period in 2025. “We are reinforcing our core strengths, unlocking new growth drivers, and building for the long term. In the first quarter, our hit drama lineup drove sequential membership revenue growth and cemented our leadership in domestic viewership market share, according to Enlightent. Meanwhile, our overseas business sustained its robust growth momentum, achieving record membership revenue this quarter,” commented Mr. Yu Gong, Founder, Director, and Chief Executive Officer of iQIYI. “Looking ahead, we are leveraging AI to reduce content production costs, accelerate production cycles, and expand our content ecosystem.”
“In March, we announced a proposed listing on the Main Board of the Hong Kong Stock Exchange, and our first share repurchase program, demonstrating our commitment to delivering shareholder value,” commented Ms. Ying Zeng, Interim Chief Financial Officer of iQIYI.
First Quarter 2026 Financial Highlights
Three Months Ended(Amounts in thousands of Renminbi (“RMB”), except for per ADS data, unaudited) March 31,
December 31, March 31, 2025
2025 2026 RMB
RMB RMBTotal revenues 7,186,469 6,794,198 6,225,775 Operating income/(loss) 341,897 55,395 (228,433)Operating income/(loss) (non-GAAP) 458,535 143,515 (148,599) Net income/(loss) attributable to iQIYI, Inc. 182,145 (5,816) (294,581)Net income/(loss) attributable to iQIYI, Inc. (non-GAAP) 304,420 109,668 (234,352) Diluted net income/(loss) per ADS 0.19 (0.01) (0.31)Diluted net income/(loss) per ADS (non-GAAP)2 0.31 0.11 (0.24) Footnotes:
[1] Unless otherwise noted, RMB to USD was converted at an exchange rate of RMB6.8980 as of March 31, 2026, as set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System. Translations are provided solely for the convenience of the reader.
[2] Non-GAAP measures are defined in the Non-GAAP Financial Measures section (see also “Reconciliations of Non-GAAP Financial Measures to the Nearest Comparable GAAP Measures” for more details).
First Quarter 2026 Financial Results
Total revenues reached RMB6.23 billion (US$902.5 million), decreasing 13% year over year.
Membership services revenue was RMB4.20 billion (US$608.8 million), decreasing 5% year over year, primarily due to a lighter content slate compared to the same period last year.
Online advertising services revenue was RMB1.24 billion (US$179.9 million), decreasing 7% year over year, as some advertisers adjusted their advertising and promotion strategies in response to macro pressures.
Content distribution revenue was RMB358.7 million (US$52.0 million), decreasing 43% year over year, primarily due to the decrease in barter transactions.
Other revenues were RMB426.7 million (US$61.9 million), decreasing 49% year over year, primarily due to the alteration of certain business cooperation arrangement.
Cost of revenues was RMB5.23 billion (US$758.7 million), decreasing 3% year over year. Content costs as a component of cost of revenues were RMB3.74 billion (US$542.8 million), decreasing 1% year over year.
Selling, general and administrative expenses were RMB816.5 million (US$118.4 million), decreasing 20% year over year. The decrease was primarily attributable to disciplined marketing spending.
Research and development expenses were RMB404.2 million (US$58.6 million), decreasing 2% year over year.
Operating loss was RMB228.4 million (US$33.1 million), compared to operating income of RMB341.9 million in the same period in 2025. Operating loss margin was 4%, compared to operating income margin of 5% in the same period in 2025.
Non-GAAP operating loss was RMB148.6 million (US$21.5 million), compared to non-GAAP operating income of RMB458.5 million in the same period in 2025. Non-GAAP operating loss margin was 2%, compared to non-GAAP operating income margin of 6% in the same period in 2025.
Total other expense was RMB28.0 million (US$4.1 million), decreasing 76% year over year, primarily due to gain from foreign exchange and decrease in interest expense.
Loss before income taxes was RMB256.4 million (US$37.2 million), compared to income before income taxes of RMB227.2 million in the same period in 2025.
Income tax expense was RMB37.2 million (US$5.4 million), compared to income tax expense of RMB41.6 million in the same period in 2025.
Net loss attributable to iQIYI was RMB294.6 million (US$42.7 million), compared to net income attributable to iQIYI of RMB182.1 million in the same period in 2025. Diluted net loss attributable to iQIYI per ADS was RMB0.31 (US$0.04) for the first quarter of 2026, compared to diluted net income attributable to iQIYI per ADS of RMB0.19 in the same period of 2025.
Non-GAAP net loss attributable to iQIYI was RMB234.4 million (US$34.0 million), compared to non-GAAP net income attributable to iQIYI of RMB304.4 million in the same period in 2025. Non-GAAP diluted net loss attributable to iQIYI per ADS was RMB0.24 (US$0.04), compared to non-GAAP diluted net income attributable to iQIYI per ADS of RMB0.31 in the same period of 2025.
Net cash provided by operating activities was RMB186.4 million (US$27.0 million), compared to net cash provided by operating activities of RMB339.0 million in the same period of 2025. Free cash flow was RMB109.8 million (US$15.9 million), compared to free cash flow of RMB307.7 million in the same period of 2025.
As of March 31, 2026, the Company had cash, cash equivalents, restricted cash, short-term investments and long-term restricted cash included in prepayments and other assets of RMB3.99 billion (US$578.4 million). In addition, as of the same date, the Company had an aggregate loan of US$636.6 million to PAG, classified as a non-current asset under prepayments and other assets.
Repurchase of 6.50% Convertible Senior Notes due 2028
In March 2026, the Company completed the repurchase right offer for its 6.50% convertible senior notes due 2028 (the “2028 Notes”). An aggregate principal amount of US$207.8 million of the 2028 Notes were validly surrendered and repurchased with the same amount. Following settlement of the repurchase, US$259,000 aggregate principal amount of the 2028 Notes remains outstanding and continues to be subject to the existing terms of the Indenture and the 2028 Notes.
As of March 31, 2026, US$0.1 million principal amount of the 2026 Notes, US$522.5 million principal amount of the PAG Notes, US$0.3 million principal amount of the 2028 Notes, and US$350.0 million principal amount of the 2030 Notes remained outstanding.
Share Repurchase Program
Pursuant to the Company’s share repurchase program of up to US$100 million adopted in March 2026 and effective through September 2027, as of the date of this earnings release, the Company has repurchased a total of approximately 6.5 million ADSs for a total cost of US$8.0 million.
Conference Call Information
iQIYI’s management will hold an earnings conference call at 7:00 AM on May 18, 2026, U.S. Eastern Time (7:00 PM on May 18, 2026, Beijing Time).
Please register in advance of the conference using the link provided below. Upon registering, you will be provided with participant dial-in numbers, passcode and unique access PIN by a calendar invite.
It will automatically direct you to the registration page of "iQIYI First Quarter 2026 Earnings Conference Call", where you may fill in your details for RSVP.
In the 10 minutes prior to the call start time, you may use the conference access information (including dial-in number(s), passcode and unique access PIN) provided in the calendar invite that you have received following your pre-registration.
A telephone replay of the call will be available after the conclusion of the conference call through May 25, 2026.
Dial-in numbers for the replay are as follows:
International Dial-in+1 855 883 1031Passcode:10054471 A live and archived webcast of the conference call will be available at http://ir.iqiyi.com/.
About iQIYI, Inc.
iQIYI, Inc. is a leading provider of online entertainment video services in China. It combines creative talent with technology to foster an environment for continuous innovation and the production of blockbuster content. It produces, aggregates and distributes a wide variety of professionally produced content, as well as a broad spectrum of other video content in a variety of formats. iQIYI distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. Over time, iQIYI has built a massive user base and developed a diversified monetization model including membership services, online advertising services, content distribution, online games, talent agency, experience business, etc.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the quotations from management in this announcement, as well as iQIYI's strategic and operational plans, contain forward-looking statements. iQIYI may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about iQIYI’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: iQIYI’s strategies; iQIYI’s future business development, financial condition and results of operations; iQIYI’s ability to retain and increase the number of users, members and advertising customers, and expand its service offerings; competition in the online entertainment industry; changes in iQIYI's revenues, costs or expenditures; Chinese governmental policies and regulations relating to the online entertainment industry, general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and iQIYI undertakes no duty to update such information, except as required under applicable law.
Non-GAAP Financial Measures
To supplement iQIYI’s consolidated financial results presented in accordance with GAAP, iQIYI uses the following non-GAAP financial measures: non-GAAP operating income/(loss), non-GAAP operating income/(loss) margin, non-GAAP net income/(loss) attributable to iQIYI, non-GAAP diluted net income/(loss) attributable to iQIYI per ADS and free cash flow. The presentation of the non-GAAP financial measure is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP.
iQIYI believes that these non-GAAP financial measures provide meaningful supplemental information regarding its operating performance by excluding certain items that may not be indicative of its business operating results, such as operating performance excluding non-cash charges or non-operating in nature. The Company believes that both management and investors benefit from referring to the non-GAAP financial measures in assessing its performance and when planning and forecasting future periods. These non-GAAP financial measures also facilitate management’s internal comparisons to iQIYI’s historical operating performance. The Company believes the non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision making. A limitation of using these non-GAAP financial measures is that the non-GAAP measures exclude certain items that have been and will continue to be for the foreseeable future a significant component in the Company’s results of operations. These non-GAAP financial measures presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting their usefulness as comparative measures to the Company’s data.
Non-GAAP operating income/(loss) represents operating income/(loss) excluding share-based compensation expenses, amortization of intangible assets resulting from business combinations.
Non-GAAP net income/(loss) attributable to iQIYI, Inc. represents net income/(loss) attributable to iQIYI, Inc. excluding share-based compensation expenses, amortization of intangible assets resulting from business combinations, disposal gain or loss, impairment of long-term investments, fair value change of long-term investments, adjusted for related income tax effects. iQIYI’s share of equity method investments for these non-GAAP reconciling items, primarily amortization and impairment of intangible assets not on the investees’ books, accretion of their redeemable non-controlling interests, and the gain or loss associated with the issuance of shares by the investees at a price higher or lower than the carrying value per share, adjusted for related income tax effects, are also excluded.
Non-GAAP diluted net income/(loss) per ADS represents diluted net income/(loss) per ADS calculated by dividing non-GAAP net income/(loss) attributable to iQIYI, Inc, by the weighted average number of ordinary shares expressed in ADS.
Free cash flow represents net cash provided by operating activities less capital expenditures.
iQIYI, INC.Condensed Consolidated Statements of Income/(Loss)
(In RMB thousands, except for number of shares and per share data)
Three Months Ended March 31, December 31, March 31, 2025 2025 2026 RMB RMB RMB (Unaudited) (Unaudited) (Unaudited)Revenues: Membership services 4,399,010 4,105,859 4,199,761 Online advertising services 1,327,827 1,352,811 1,240,611 Content distribution 628,743 787,669 358,749 Others 830,889 547,859 426,654 Total revenues 7,186,469 6,794,198 6,225,775 Operating costs and expenses: Cost of revenues (5,406,341) (5,376,079) (5,233,486)Selling, general and administrative (1,025,742) (946,184) (816,530)Research and development (412,489) (416,540) (404,192)Total operating costs and expenses (6,844,572) (6,738,803) (6,454,208)Operating income/(loss) 341,897 55,395 (228,433) Other income/(expense): Interest income 78,756 84,499 80,459 Interest expense (233,429) (220,278) (213,951)Foreign exchange gain, net 41,889 65,115 89,066 Share of gains/(losses) from equity method investments (3,617) 18 (1,464)Others, net 1,724 43,491 17,936 Total other expense, net (114,677) (27,155) (27,954) Income/(loss) before income taxes 227,220 28,240 (256,387)Income tax expense (41,590) (35,757) (37,161) Net income/(loss) 185,630 (7,517) (293,548)Less: Net income attributable to noncontrolling interests 3,485 (1,701) 1,033 Net income/(loss) attributable to iQIYI, Inc. 182,145 (5,816) (294,581)Net income/(loss) attributable to ordinary shareholders 182,145 (5,816) (294,581) Net income/(loss) per share for Class A and Class B ordinary shares: Basic 0.03 (0.00) (0.04)Diluted 0.03 (0.00) (0.04) Net income/(loss) per ADS (1 ADS equals 7 Class A ordinary shares): Basic 0.19 (0.01) (0.31)Diluted 0.19 (0.01) (0.31) Weighted average number of Class A and Class B ordinary shares used in net income/(loss) per share computation: Basic 6,740,810,595 6,753,258,796 6,756,463,437 Diluted 6,780,303,294 6,753,258,796 6,756,463,437 iQIYI, INC.
Condensed Consolidated Balance Sheets(In RMB thousands, except for number of shares and per share data)
December 31, March 31, 2025
2026
RMB RMB (Unaudited)ASSETS Current assets: Cash and cash equivalents 4,354,275 2,941,129 Restricted cash 23,123 379,928 Short-term investments 314,819 668,710 Accounts receivable, net 2,522,668 2,560,064 Prepayments and other assets 2,406,222 2,354,731 Amounts due from related parties 221,681 205,000 Licensed copyrights, net 447,507 613,868 Total current assets 10,290,295 9,723,430 Non-current assets: Fixed assets, net 903,427 896,350 Long-term investments 1,773,309 1,789,985 Deferred tax assets, net 20,773 17,323 Licensed copyrights, net 5,962,954 6,139,134 Intangible assets, net 217,085 225,868 Produced content, net 14,578,037 14,580,537 Prepayments and other assets 8,458,312 8,378,389 Operating lease assets 489,720 483,737 Goodwill 3,820,823 3,820,823 Amounts due from related parties 167,000 119,000 Total non-current assets 36,391,440 36,451,146 Total assets 46,681,735 46,174,576 LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Accounts and notes payable 6,652,432 7,292,405 Amounts due to related parties 3,717,283 3,733,236 Customer advances and deferred revenue 4,160,459 4,330,435 Convertible senior notes, current portion 1,459,151 1,085 Short-term loans 2,493,100 2,335,598 Long-term loans, current portion 738,391 1,142,966 Operating lease liabilities, current portion 84,174 83,565 Accrued expenses and other liabilities 2,762,317 2,678,198 Total current liabilities 22,067,307 21,597,488 Non-current liabilities: Long-term loans 3,368,876 3,658,848 Convertible senior notes 6,711,948 6,671,382 Amounts due to related parties 38,192 32,863 Operating lease liabilities 340,256 328,005 Other non-current liabilities 846,230 863,223 Total non-current liabilities 11,305,502 11,554,321 Total liabilities 33,372,809 33,151,809 Shareholders’ equity: Class A ordinary shares 239 240 Class B ordinary shares 193 193 Additional paid-in capital 56,026,232 56,107,367 Accumulated deficit (44,015,680) (44,310,261)Accumulated other comprehensive income 1,305,542 1,271,379 Non-controlling interests (7,600) (46,151)Total shareholders’ equity 13,308,926 13,022,767 Total liabilities and shareholders' equity 46,681,735 46,174,576 iQIYI, INC.Condensed Consolidated Statements of Cash Flows
(In RMB thousands)
Three Months Ended March 31, December 31, March 31, 2025
2025
2026
RMB RMB RMB (Unaudited) (Unaudited) (Unaudited) Net cash provided by operating activities338,950 47,163 186,448 Net cash used for investing activities(1,2)(30,136) (947,000) (274,759)Net cash provided by/(used for) financing activities860,477 518,404 (933,140)Effect of exchange rate changes on cash, cash equivalents and restricted cash(1,232) (10,206) (34,896)Net increase/(decrease) in cash, cash equivalents and restricted cash1,168,059 (391,639) (1,056,347)Cash, cash equivalents and restricted cash at the beginning of the period3,590,331 4,769,377 4,377,738 Cash, cash equivalents and restricted cash at the end of the period4,758,390 4,377,738 3,321,391 Reconciliation of cash and cash equivalents and restricted cash:
Cash and cash equivalents4,320,028 4,354,275 2,941,129 Restricted cash1,899 23,123 379,928 Long-term restricted cash436,463 340 334 Total cash and cash equivalents and restricted cash shown in the statements of cash flows4,758,390 4,377,738 3,321,391 Net cash provided by operating activities338,950 47,163 186,448 Less: Capital expenditures(2)(31,252) (20,413) (76,698)Free cash flow307,698 26,750 109,750 (1) Net cash used for investing activities primarily consists of net cash flows from loans provided to related party, investing in debt securities, purchase of long-term investments and capital expenditures.
(2) Capital expenditures are incurred primarily in connection with construction in process, computers and servers.
iQIYI, INC.Reconciliations of Non-GAAP Financial Measures to the Nearest Comparable GAAP Measures
(Amounts in thousands of Renminbi (“RMB”), except for per ADS information, unaudited)
Three Months Ended March 31, December 31, March 31, 2025
2025
2026
RMB RMB RMB Operating income/(loss)341,897 55,395 (228,433)Add: Share-based compensation expenses115,105 86,587 78,301 Add: Amortization of intangible assets(1)1,533 1,533 1,533 Operating income/(loss) (non-GAAP)458,535 143,515 (148,599) Net income/(loss) attributable to iQIYI, Inc.182,145 (5,816) (294,581)Add: Share-based compensation expenses115,105 86,587 78,301 Add: Amortization of intangible assets(1)1,533 1,533 1,533 Add: Impairment of long-term investments2,000 9,990 9,009 Add: Fair value loss/(gain) of long-term investments(1,740) 17,374 (28,614)Add: Reconciling items on equity method investments(2)5,377 - - Net income/(loss) attributable to iQIYI, Inc. (non-GAAP)304,420 109,668 (234,352) Diluted net income/(loss) per ADS0.19 (0.01) (0.31)Add: Non-GAAP adjustments to earnings per ADS0.12 0.12 0.07 Diluted net income/(loss) per ADS (non-GAAP)0.31 0.11 (0.24) (1) This represents amortization of intangible assets resulting from business combinations.
(2) This represents iQIYI’s share of equity method investments for other non-GAAP reconciling items, primarily amortization and impairment of intangible assets not on the investee’s books, accretion of their redeemable noncontrolling interests, and the gain or loss associated with the issuance of shares by the investees at a price higher or lower than the carrying value per share.
2 ETFs to Maximize Gains With Covered Call StrategiesiQIYI NASDAQ: IQ reported first-quarter 2026 revenue of CNY 6.2 billion, down 8% sequentially, as the Chinese streaming company emphasized artificial intelligence, overseas growth and new content formats as central parts of its strategy.
Founder, Director and CEO Gong Yu said the company is operating in an environment shaped by “breakthrough AI” and a more supportive domestic regulatory landscape, which he said is reshaping entertainment and creating opportunities for iQIYI. Gong framed the company’s strategy around reinforcing its core premium-content business, developing new growth engines and building a longer-term decentralized content ecosystem supported by AI.
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Membership Revenue Grows Sequentially as Hit Dramas Drive Engagement 2 Tech Mid-Caps Under $10 With Big UpsideInterim CFO Ying Zeng said membership services revenue reached CNY 4.2 billion in the quarter, up 2% sequentially, driven primarily by a lineup of hit dramas. Online advertising revenue was CNY 1.2 billion, down 8% sequentially due to seasonality. Content distribution revenue fell 54% sequentially to CNY 358.7 million, which Ying attributed mainly to a smaller number of dramas distributed to third parties. Other revenue totaled CNY 426.7 million, down 22% sequentially.
Gong said premium content remains the foundation of iQIYI’s strategy and pointed to first-quarter dramas including “The Punishment 2,” “Born to Be Alive,” “Pursuit of Jade” and “How Dare You!?” as contributors to the company’s performance. He said “The Punishment II” became the company’s second franchise with two seasons exceeding the 10,000 iQIYI popularity index, while “Pursuit of Jade” also surpassed that threshold. “How Dare You!?” exceeded 9,000 on the index, according to Gong.
Youqiao Duan, senior vice president of the membership business, said during the question-and-answer session that membership revenue improved sequentially due to premium content and refined operating strategies. Looking to the second quarter, Duan said the company is focused on reactivating dormant members, optimizing variety-show schedules, expanding large-screen membership through smart-TV partnerships and using the 618 e-commerce festival to promote annual and bundled memberships.
AI and New Content Formats Take Center Stage Gong said regulatory changes are accelerating content approvals and improving capital efficiency while supporting new formats such as short-form dramas and internet feature films. He said iQIYI plans to launch more than 100 short-form dramas in 2026 and continue building its internet feature-film slate, adding that these formats can shorten production cycles, lower capital barriers and support AI integration without adding pressure to overall content costs.
The company highlighted Nado Pro, its proprietary AI platform for studio-grade content production, as a key part of its AI strategy. Gong said Nado Pro is built on public and self-deployed large models, along with iQIYI’s technology infrastructure and content expertise. In the Q&A session, a translator for Gong said Nado Pro has been available to creators across the industry since April 20 and currently has more than 10,000 active creators, including traditional production companies and independent creators.
According to Gong, Nado Pro supports content production across long-form dramas, micro dramas, micro animation, short videos and advertising content. About 100 projects on the platform are iQIYI original titles. He said iQIYI has also launched a creator community for Nado Pro and is developing an international version. Gong said the platform will serve as a standalone product with monetization potential.
Gong also said AI could improve the economics of long-form video by reducing content costs, shortening production cycles and increasing the number of titles available to users. He said the company is building initiatives such as Nado Pro and the iQIYI account system, which allows users to upload content and participate in revenue sharing.
Overseas Business Expands in Southeast Asia and Latin America Gong described iQIYI’s overseas business as a “proven second growth driver,” saying overseas membership revenue rose more than 40% year over year in the first quarter. He said the company’s international positioning focuses on premium Asian content, especially content aimed at young female audiences.
Management said Southeast Asia remains a key region. Gong said membership revenue in Southeast Asia grew more than 40% annually, while Indonesia rose more than 80%. Portuguese- and Spanish-speaking regions also grew quickly, with Brazil and Mexico each posting membership revenue growth of more than 100% annually. Gong said average daily subscribers outside mainland China reached a new high.
Xianghua Yang, senior vice president of overseas business and online game business, said iQIYI will continue investing in Southeast Asian markets including Thailand, Indonesia, Malaysia, Vietnam and the Philippines, while also investing in emerging markets such as North America and Brazil. He said C-dramas remain the company’s main differentiator overseas and that overseas audiences are primarily young female users under 40. Yang also said overseas membership average revenue per user is higher than in the domestic market.
Advertising, Experiences and Anti-Piracy Efforts Gong said brand advertising revenue from targeted dramas recorded double-digit annual growth, with “Born to Be Alive,” “How Dare You!?” and “Pursuit of Jade” receiving strong recognition from advertisers. Food and beverage, internet services and e-commerce also posted double-digit annual growth. For performance advertising, he said revenue from small and mid-sized advertisers recorded strong annual growth, while monetization efficiency for micro dramas improved, with revenue per inventory unit up more than 60% year over year.
The company is also expanding IP-based consumer products and offline experiences. Gong said collectible cards tied to “Pursuit of the Chaser Games” set a new sales record in that category on the company’s self-operated merchandise apps. He said the first iQIYI Land in Yangzhou performed in line with expectations, and that additional locations in Kaifeng and Beijing are progressing.
Chief Content Officer Wang Xiaohui said regulators have made progress on anti-piracy efforts. He said the National Radio and Television Administration launched a targeted campaign around late April and early May to address pirated distribution of drama content on illegal websites, browsers, search engines and cloud storage services. Wang said platforms must remove infringing content within 24 hours of receiving a report, or within four hours for newly released dramas, hit series and key titles. He said iQIYI expects piracy to be “substantially mitigated” in the future.
Costs, Cash Flow and Capital Actions Ying said iQIYI adopted a disciplined strategy in the quarter, with content costs of CNY 3.7 billion, down 2% sequentially. Total operating expenses were CNY 1.2 billion, down 10% sequentially. Net cash provided by operating activities was CNY 186 million.
The company ended the quarter with CNY 4 billion in cash equivalents, restricted cash, short-term investments and long-term restricted cash, including prepayments and other assets. Ying said the sequential decline in cash was primarily due to the repurchase of the company’s 6.50% convertible senior notes due 2028, which reduced outstanding debt. She also noted that iQIYI announced a proposed listing on the main board of the Hong Kong Stock Exchange in March and a share repurchase program of up to $100 million effective through September 2027. As of the call, the company had repurchased approximately 6.45 million ADSs for a total cost of $8 million.
About iQIYI NASDAQ: IQiQIYI, Inc is a leading online entertainment service provider headquartered in Beijing, China, offering a comprehensive portfolio of streaming video content across multiple genres. The company operates a subscription-based video-on-demand (SVOD) platform, complemented by advertising-supported content (AVOD) and pay-per-view offerings. Its digital library encompasses original series, feature films, variety shows, animation and documentaries, catering to diverse demographic segments and viewer preferences.
Originally launched by Baidu in 2010 as an online video site, iQIYI was formally rebranded in early 2012 and has since expanded its footprint beyond China's domestic market.
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I am maintaining a 'Hold' rating for iQIYI after evaluating its outlook across different time horizons. IQ's 1Q2026 net loss of CNY234M was worse than what analysts forecasted; its near-term profitability is likely to remain under pressure due to elevated programming spend. China's regulatory crackdowns on piracy and the opportunity for AI-driven cost reductions offer potential medium-term tailwinds for the company.
iQIYI reported a disappointing Q1 earnings sheet, with revenues and membership metrics declining and profitability under pressure. IQ missed revenue expectations, posting $915.2M in Q1'26, with total revenues down 13% year-over-year and membership services revenue down 5% year-over-year. Management plans to debut over 100 new short-form dramas over the next year, aiming to revive subscriber and revenue growth.
BEIJING, May 27, 2026 /PRNewswire/ -- On May 26th, iQIYI, China's leading online entertainment platform, announced that Nadou Pro, its AI platform built for professional film and television production, has onboarded more than 10,000 active creators in under one month since opening for commercial use on April 20. In the same period, the platform has supported over 100 iQIYI original productions, demonstrating rapid adoption across the industry and validating Nadou Pro's position as a professional-grade solution for long-form content as it introduces new advanced features and launches its global expansion.
iQIYI (NASDAQ:IQ | IQ Price Prediction) sits in an unusual spot. The Chinese streaming giant is leaning hard into AI content production while its core membership business shrinks.
Shares trade at $1.17, near 52-week lows. CEO Yu Gong is doubling down on overseas growth and Nadou Pro, the company’s AI creator platform that signed 10,000 active creators in its first month. The stock is down 39.06% YTD. The question: can iQIYI shares hit $3 in 2027?
The Real Reason iQIYI Is Down 39% This Year Q1 2026 revenue fell 13.37% YoY to $913.32 million. Operating income flipped from $50.16 million a year ago to a loss of $33.51 million. Content distribution collapsed 43%. Membership revenue, the core of the business, slipped 5%.
Shares are down 4.1% over the past month and 26.88% over the past year. A beta of 0.191 suggests low volatility, but that hasn’t shielded shareholders from fundamental erosion. Morgan Stanley cut its target to $1.50, and Morningstar slashed fair value to $0.50. The structural worry: Chinese users keep migrating to short-form video on Douyin and Bilibili.
Wall Street Sees 32% Upside. Our Model Says 49% Wall Street’s consensus target sits at $1.544. The breakdown: 2 Strong Buy, 7 Buy, 11 Hold, zero Sell. Bullish share comes in at 45%.
Our model’s base case lands higher at $1.74, implying 48.86% upside. Optimistic case is $2.36, conservative $1.50, with confidence at 50%. The Street is anchored to recent earnings misses and missing the AI lever.
The Path to $3 Per Share Reaching $3 from today’s $1.17 would require a gain of 156.4%.
The forward P/E math is where this gets tricky. Forward EPS is currently -$0.11, so a $3 price implies a forward P/E of -27x. The negative reading reflects the central issue: iQIYI must return to positive earnings before any P/E story works.
Alpha Vantage’s forward P/E reading of 110 suggests next-twelve-months consensus EPS lands near a penny. For $3 to clear at a reasonable 30x multiple, EPS needs to recover toward roughly $0.10.
What gets us there? CEO Yu Gong said the company is “leveraging AI to reduce content production costs, accelerate production cycles, and expand our content ecosystem.” Overseas membership revenue jumped over 40% annually, with Brazil and Mexico both up over 100%. Running Man Thailand generated 6.85 billion cross-platform impressions. SG&A fell 20%. A $100 million share repurchase plus a proposed Hong Kong dual listing tighten the float.
The primary risk: continued user migration to short-form video could cap any margin recovery before it shows up in EPS.
Where iQIYI Trades Today vs Its Earnings Power Forward P/E reads 110, distorted by near-breakeven earnings. Price-to-sales is just 0.04, and price-to-book is 0.57. Shares sit at $1.17, against a 52-week range of $1.03 to $2.84. Over 10 years, the stock is down 92.48%. That valuation screams distressed. The setup only works if AI flips the margin story before RMB 8.2 billion in convertible notes pressures the balance sheet.
$3 Is a Stretch, But Here’s Why It’s Possible Reaching $3 requires 156.4% upside.
Three things need to go right: Nadou Pro must convert its 10,000 creator base into a real revenue line; overseas membership growth must hold above 40%; and GAAP profitability must return by 2027. A deeper pullback in Chinese ad spending would derail it. We’ve outlined the blueprint for how iQIYI could reach $3 in 2027.
Key Takeaways NBR posted Q1 revenue growth and a narrower loss, beating estimates on strong International Drilling.NBR's International segment boosted EBITDA and rig count, with newbuild deployments in Saudi Arabia.NBR lowered debt, improved free cash flow and guided higher rig activity and margins for Q2. Nabors Industries Ltd. (NBR - Free Report) reported a first-quarter 2026 adjusted loss of $1.54 per share, narrower than the Zacks Consensus Estimate of a loss of $2.39. Additionally, the metric is significantly above the prior-year quarter’s reported loss of $7.5 per share. This outperformance was mainly driven by higher adjusted operating income from its International Drilling segment.
The oil and gas drilling company’s operating revenues of $783.5 million beat the Zacks Consensus Estimate of $779 million. The top line also increased from the year-ago quarter’s $736.2 million, primarily supported by higher contributions from the U.S. Drilling, International Drilling and Drilling Solutions segments.
Adjusted EBITDA totaled $204.8 million, down from $206.3 million in the prior-year quarter and $221.6 million in the fourth quarter of 2025. The metric was also below our model estimate of $227.8 million.
NBR’s Segmental PerformancesU.S. Drilling generated operating revenues of $241.1 million, up from the year-ago quarter’s $230.7 million and slightly higher than the prior quarter’s $240.6 million. However, the figure missed our model estimate of $252.1 million.
Operating profit totaled $24.6 million compared with $31.6 million in the year-ago quarter. The figure missed our estimated profit of $33.9 million.
Adjusted EBITDA from the segment totaled $88.1 million, down from $92.7 million a year ago and $93.2 million in the previous quarter. The figure missed our estimated profit of $105.1 million.
Lower 48 average rig count increased to 65.3 rigs from 60.6 rigs in the prior-year quarter and 59.8 rigs in the fourth quarter of 2025. The company noted that it added four rigs in the Lower 48 market during the first quarter, bringing the current working rig count in the region to 66, up eight rigs since November 2025.
International Drilling reported operating revenues of $419.5 million, up from $381.7 million in the year-ago quarter but down from $423.8 million in the fourth quarter. Moreover, the figure beat our estimate of $389.4 million.
Operating profit totaled $40.8 million compared with $33 million in the year-ago quarter. The figure missed our estimated profit of $43.8 million.
The segment’s adjusted EBITDA was $121.3 million, compared with $115.5 million a year ago and $131.3 million in the preceding quarter. The figure beat our estimate of $120.6 million. Average rigs working increased to 92.6 from 85 in the year-ago period.
Nabors stated that its SANAD land drilling joint venture deployed one newbuild rig in Saudi Arabia during the quarter, bringing total newbuild deployments to 15. Four more newbuilds are scheduled for 2026. The company also reactivated one previously suspended SANAD rig, with another resumption expected in the second quarter.
Drilling Solutions recorded operating revenues of $106.2 million, up from $93.2 million a year ago but down from $107.9 million in the prior quarter. The figure missed our estimate of $110 million.
Operating profit totaled $31.9 million compared with $32.9 million in the year-ago quarter. The figure also missed our estimated profit of $33.9 million.
Adjusted EBITDA totaled $38.7 million, compared with $40.9 million in the year-ago quarter and $41.3 million in the fourth quarter. Moreover, the figure slightly missed our estimate of $39 million.
Rig Technologies generated operating revenues of $27.2 million, down from $44.2 million in the year-ago quarter and $37.7 million in the previous quarter. Moreover, the figure missed our estimate of $38 million.
Operating loss totaled $1.9 million in contrast to an operating profit of $4.3 million in the year-ago quarter. The figure missed our estimated profit of $1.1 million.
The segment’s adjusted EBITDA was $0.5 million, compared with $5.6 million a year ago and $4.9 million in the prior quarter. The figure also missed our estimate of $2 million.
NBR’s Financial Position
Nabors’ total costs and expenses increased to $765.3 million from $670.6 million in the year-ago quarter. However, the amount was lower than our prediction of $779 million. As of March 31, 2026, Nabors had $500.9 million in cash and short-term investments. Long-term debt was about $2.1 billion, with a debt-to-capitalization of 78.8%.
During the quarter, Nabors redeemed the remaining outstanding balance of its 2028 notes, reducing total debt to $2.1 billion. Since year-end 2024, the company has reduced total debt by $386 million. Its next debt maturity is $250 million due in 2029, and the weighted average debt maturity has been extended to more than five years.
Net cash provided by operating activities was $113.3 million in the first quarter. Capital expenditures, net of proceeds from asset sales, totaled $161.6 million, resulting in adjusted free cash flow of negative $48.2 million. This marked an improvement from negative $61.2 million in the year-ago quarter.
NBR’s Q2 & 2026 GuidanceFor the second quarter of 2026, Nabors expects the Lower 48 average rig count to be in the range of 67-68 rigs, with a Lower 48 daily adjusted gross margin of approximately $13,300. Alaska and Gulf of America combined adjusted EBITDA is expected to be around $15 million.
For International Drilling, the company expects an average rig count of 93-95 rigs and a daily adjusted gross margin of approximately $17,400-$17,500. Drilling Solutions adjusted EBITDA is projected at about $39 million, while Rig Technologies adjusted EBITDA is expected to be around $3 million.
This Zacks Rank #2 (Buy) company expects second-quarter capital expenditures of $180-$190 million, including $75-$80 million for newbuilds in Saudi Arabia. The company also projects adjusted free cash flow of approximately $10 million, including free cash consumption at SANAD of around $10 million.
With activity on the rise, the company anticipates maintaining a measured approach to capital allocation, targeting full-year spending in the previously guided range of $730-$760 million, including $360-$380 million for the SANAD newbuilds.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Important Earnings at a GlanceWhile we have discussed NBR’s first-quarter results in detail, let us take a look at three other key reports in this space.
Houston, TX-based oil and gas equipment and services provider, Halliburton Company (HAL - Free Report) , posted first-quarter 2026 adjusted net income per share of 55 cents, beating the Zacks Consensus Estimate of 49 cents. The outperformance primarily reflects successful cost reduction initiatives. However, the bottom line fell from the year-ago adjusted profit of 60 cents.
Halliburton reported first-quarter capital expenditure of $192 million. As of March 31, 2026, this Houston, TX-based oil and gas equipment and services company had approximately $2 billion in cash/cash equivalents and $7.1 billion in long-term debt, representing a debt-to-capitalization ratio of 39.6.
Houston, TX-based oil and gas storage and transportation company,Kinder Morgan Inc. (KMI - Free Report) , posted first-quarter 2026 adjusted earnings per share of 48 cents, which beat the Zacks Consensus Estimate of 38 cents. The bottom line increased year over year from 34 cents. The strong quarterly results can be primarily attributed to contributions from the Natural Gas Pipelines business segment.
As of March 31, 2026, KMI reported $72 million in cash and cash equivalents. At the quarter's end, its long-term debt amounted to $29.72 billion. KMI’s project backlog was reported at $10.1 billion by the end of the first quarter. The midstream energy major added that natural gas projects comprise approximately 92% of its project backlog, with nearly 60% dedicated to supporting local distribution companies and power generation.
Fort Worth, TX-based oil and gas exploration and production company, Range Resources Corporation (RRC - Free Report) , posted first-quarter 2026 adjusted earnings of $1.52 per share, which beat the Zacks Consensus Estimate of $1.33. The bottom line also improved from the prior-year level of 96 cents. Strong quarterly results can be attributed to higher gas-equivalent production and increased natural gas price realization.
Drilling and completion expenditure totaled $130 million. An additional $5 million was spent on acreage and $4 million on infrastructure and other investments. At the end of the first quarter, Range Resources reported a total debt of $819.3 million, net of deferred financing costs.
Key Takeaways Core Laboratories posted Q1 EPS of 6 cents, matching estimates but down from 8 cents a year ago.CLB's revenues fell to $121.8M, missing estimates due to Middle East disruptions and delayed projects.Segment weakness tied to conflict, weather and low U.S. drilling, pressuring income and activity levels. Core Laboratories Inc. (CLB - Free Report) reported first-quarter 2026 adjusted earnings of 6 cents per share, which were in line with the Zacks Consensus Estimate. However, the bottom line decreased from the year-ago quarter’s reported figure of 8 cents due to the underperformance of both Reservoir Description and Production Enhancement segments.
This oilfield service provider reported first-quarter operating revenues of $121.8 million, missing the Zacks Consensus Estimate of $123 million and decreasing from the earlier-year quarter’s reported figure of $124 million. This can be attributed to the closure of many client offices in the Middle East that resulted in project delays and the suspension of hydrocarbon production.
During the first quarter, the company repurchased 51,781shares of common stock for a total of $0.9 million. CLB’s debt leverage ratio was at 1.20 and net debt increased by $3.9 million.
CLB’s Q1 Segmental PerformanceReservoir Description: Revenues in this segment increased 1.3% from the year-ago quarter to $81.9 million. Moreover, the top line beat our estimation of $81 million.
Operating income decreased from $2.3 million in the year-ago period to $1.1 million and missed our estimate of $14.5 million, caused by two primary factors: the conflict in the Middle East and severe weather events across North America and the Mediterranean region, which also disrupted client operations and the demand for laboratory services in the quarter.
Production Enhancement: This segment’s revenues decreased 6.6% to $39.9 million from $42.7 million in the prior-year quarter. Moreover, the top line missed our estimate of $42.05 million.
Operating income decreased from $1.5 million in the year-ago period to $0.8 million. Moreover, the operating income from this segment missed our estimate of $3.7 million. The underperformance in the Production Enhancement segment can be attributed to low U.S. land drilling and completion activity and the Middle East conflict that disrupted and delayed product shipments into the region.
Costs & Expenses of CLBCLB reported total costs and expenses of $119.9 million in the first quarter, increasing by 0.6% from the year-ago quarter’s level of $119.2 million. Our estimation for the metric was $115.9 million.
Details of CLB’s Financials & DividendsAs of March 31, 2026, the company had cash and cash equivalents of $22.8 million and long-term debt of $114.5 million. CLB’s debt-to-capitalization was 29.4%.
Net cash provided by operating activities in the first quarter totaled $4 million, while capital expenditure amounted to $3.4 million. This led to a positive free cash flow of $0.5 million.
Core Laboratories’ board of directors approved a quarterly dividend of 1 cent per share to its common shareholders of record as of May 11, 2026. The payout, which remains unchanged from the previous quarter, will be made on June 01.
Management Remarks & Outlook for Q2 & 2026Near-term oil markets remain volatile due to Middle East geopolitical risks, sanctions, trade policy shifts and OPEC+ output decisions. Despite this, a sustained multi-year cycle of global offshore exploration is needed to meet future demand, supporting a positive long-term outlook for Core Laboratories. However, disruptions in the Middle East are impacting operations through project delays, logistics challenges and restricted sample movement across its global lab network. Reservoir Description and service-based Production Enhancement segments are most affected, while product shipments face selective delays. Weak U.S. onshore activity persists, though demand for diagnostics and optimization solutions offers partial support amid rising input costs and supply chain uncertainties.
For the second quarter of 2026, CLB expects revenues to range from $123 million to $131 million. Operating income is anticipated to be between $6.4 million and $10.2 million, with earnings per share expected to be between 6 cents and 12 cents.
Revenues for the Reservoir Description segment are anticipated to be between $77.5 million and $82.5 million, with operating income ranging from $3.5 million to $5.37 million.
Revenues for the Production Enhancement segment are expected to be between $45.5 million and $48.5 million, with operating income predicted to be between $2.8 million and $4.7 million.
The company anticipates an effective tax rate of 25% for the second quarter. Its guidance for the second quarter of 2026 is based on estimates for underlying operations and excludes any gains or losses from foreign exchange.
IEA, EIA and OPEC project 2026 oil demand to grow by 0.6-1.4 million barrels per day, signaling supportive long-term fundamentals despite short-term volatility. At the same time, rising natural decline rates in existing fields pose a structural supply risk, underscoring the need for continued upstream investment. Recent geopolitical disruptions, including major supply outages, have tightened global supply by roughly 20%, highlighting energy security concerns. In the United States, production growth is expected to stay moderate due to capital discipline and maturing shale assets. Overall, these dynamics point to increased reliance on international, offshore and conventional exploration to meet future demand.
Key Projects & Technology AdvancementsIn the fourth quarter of 2025, Core Laboratories expanded its RF-safe product portfolio with the commercial launch of its proprietary RF-5TF™ detonator. Designed to resist interference from radio frequency energy and stray voltage, these detonators enhance safety during perforating operations by reducing the risk of unintended activation. The technology allows normal rig activities to continue without disruption, while its next-generation design removes the need for field assembly, simplifying handling and wiring at the wellsite.
Following successful field trials in the first quarter of 2026, the RF-5TF™ was deployed across multiple regions, including the Middle East, Asia, Europe and the United Kingdom. The system delivered a 100% success rate across diverse onshore and offshore environments, leading several service providers and operators to adopt it as their preferred RF-safe detonator.
During the same quarter, CLB’s PackScan® density logging technology proved instrumental in assisting an offshore operator in Trinidad to mitigate completion risks and avoid a potential multimillion-dollar failure. In gravel pack completions, ensuring that the sand control screen is fully packed is critical to maintaining well integrity and long-term production. Using the washpipe-deployed PackScan® tool, the operator identified that the gravel pack had not been effectively placed, likely due to gravel loss deeper in the well.
Armed with this insight, the operator intervened before production began, replacing the completion hardware and performing a second gravel pack operation. A subsequent PackScan® run confirmed proper placement, allowing the well to proceed to production with reduced risk. This case underscores the value of Core Laboratories’ completion diagnostics in safeguarding investments, enhancing reliability and supporting sustained production in complex offshore operations.
Core Laboratoriescurrently has a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Important Earnings at a GlanceWhile we have discussed CLB’s first-quarter results in detail, let us take a look at three other key reports in the Oil/Energy space.
A leading oilfield services company,Schlumberger Limited (SLB - Free Report) , reported first-quarter 2026 earnings of 52 cents per share (excluding charges and credits), which beat the Zacks Consensus Estimate of 51 cents by 1.96%. The bottom line declined 28% from 72 cents in the year-ago quarter.
The oilfield services giant recorded total quarterly revenues of $8.72 billion, which topped the Zacks Consensus Estimate of $8.63 billion. The top line increased from the year-ago quarter’s figure of $8.49 billion.
The better-than-expected quarterly results were primarily driven by revenue increases in the Digital segment and contributions from the ChampionX acquisition. However, operational disruptions due to the Middle East conflict affected the Reservoir Performance and the Well Construction segments.
As of March 31, 2026, the company had approximately $3.39 billion in cash and short-term investments. It had long-term debt of $9.67 billion at the end of the quarter.
Another oil and gas equipment and services provider, Halliburton Company (HAL - Free Report) , reported first-quarter 2026 adjusted net income per share of 55 cents, beating the Zacks Consensus Estimate of 49 cents. The outperformance primarily reflects successful cost reduction initiatives. However, the bottom line fell from the year-ago adjusted profit of 60 cents due to softer activity in the North American region and the negative impact of geopolitical conflict in the Middle East, which hurt both of the company’s segments.
Meanwhile, Houston, TX-based oil and gas equipment and services company’s revenues of $5.4 billion were 0.3% lower year over year but beat the Zacks Consensus Estimate of $5.3 billion.
As of March 31, 2026, the company had approximately $2 billion in cash/cash equivalents and $7.1 billion in long-term debt, representing a debt-to-capitalization ratio of 39.6.
The North American oilfield services company, Liberty Energy (LBRT - Free Report) , reported a first-quarter 2026 adjusted net profit of 6 cents per share, in contrast to the Zacks Consensus Estimate of a loss of 13 cents. The outperformance was driven by the company’s focus on technological innovation and strong operational execution. Moreover, the bottom line increased from the year-ago quarter’s profit of 4 cents.
LBRT's revenues totaled $1 billion, which beat the Zacks Consensus Estimate of $949 million. The top line also increased from the prior-year quarter’s $977 million by 4%, supported by elevated activity levels.
As of March 31, Liberty Energy had approximately $699.1 million in cash and cash equivalents. The pressure pumper’s long-term debt of $1.3 billion represented a debt-to-capitalization of 39.6%.
Item 1 of 2 The company logo of Halliburton oilfield services corporate offices is seen in Houston, Texas April 6, 2012. REUTERS/Richard Carson/File Photo
[1/2]The company logo of Halliburton oilfield services corporate offices is seen in Houston, Texas April 6, 2012. REUTERS/Richard Carson/File Photo Purchase Licensing Rights, opens new tab
CompaniesMay 11 (Reuters) - Energy startup VoltaGrid said on Monday it has signed agreements for $1 billion in equity investment from funds managed by Blackstone Tactical Opportunities (BX.N), opens new tab and oilfield services provider Halliburton (HAL.N), opens new tab.
VoltaGrid said the deal would accelerate the development of power generation solutions for data centers, microgrids and industrial applications.
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The investment is composed of a $775 million capital raise and a $225 million secondary purchase from existing investors.
VoltaGrid said it had also entered a separate deal to acquire one of its suppliers, Propell Energy Technology, for an undisclosed amount.
The transactions are expected to close in mid-2026.
Reporting by Vallari Srivastava in Bengaluru; Editing by Devika Syamnath
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Key Takeaways HAL launched Xaminer Deep Testing for early reservoir evaluation in complex formations.Halliburton's service combines multizone testing and far-field data in one deployment.HAL integrates digital workflows for real-time reservoir analysis and faster decisions. Halliburton (HAL - Free Report) , a Houston, TX-based oil and gas equipment and services company, has unveiled its latest innovation in subsurface reservoir evaluation, the Xaminer Deep Testing logging service, an advanced solution designed to complement the Reservoir Xaminer formation testing service. Engineered in collaboration with operators confronting increasingly complex reservoir challenges, this breakthrough service enables early identification of producibility and reservoir boundaries, offering actionable insights before old drill stem testing.
The Xaminer Deep Testing service addresses heterogeneous, laminated, stacked and varying permeability formations, empowering operators to optimize well planning and accelerate decision-making processes. By integrating operator expertise with Halliburton’s extensive technology, the service provides comprehensive fluid characterization, reservoir connectivity assessment and potential evaluation in a single deployment.
Comprehensive Reservoir Analysis in a Single RunThe Xaminer Deep Testing service leverages an all-inclusive tool string configuration, delivering both near-wellbore and far-field insight. This unified approach eliminates the need for multiple interventions, significantly reducing operational risk while maximizing reservoir understanding. By combining high-resolution pressure measurements, extended investigation radius and multizone capability, operators gain unprecedented clarity on reservoir behavior.
This single-run integration allows for faster, data-driven decisions that streamline well design and enhance development efficiency. Operators can confidently plan completions and future production strategies with a full understanding of fluid distribution and boundary dynamics, ensuring that early-stage decisions align with long-term asset optimization.
Advanced Technology for Complex ReservoirsThe Xaminer Deep Testing service excels in challenging formations, including low-permeability reservoirs, laminated structures and stacked intervals, where conventional testing methods often fall short. Its extended radius of investigation ensures far-field data capture, while high-resolution pressure sensors provide precise measurements critical for multiphase flow analysis.
Multizone capability enables simultaneous evaluation of multiple intervals, providing operators with a holistic view of reservoir connectivity and compartmentalization. This capacity is particularly valuable in heterogeneous reservoirs, where fluid communication between zones can significantly impact production strategies.
Seamless Integration With Digital Reservoir WorkflowsThe Xaminer Deep Testing logging service is fully compatible with Halliburton’s digital reservoir evaluation platforms, facilitating real-time data processing and interpretation. This integration allows operators to make confident, earlier decisions, optimizing well placement, completion design and reservoir development.
By leveraging digital workflows, operators benefit from improved subsurface clarity, accelerated decision cycles and maximized asset value. The service ensures that complex reservoir dynamics are quantified and understood with precision, enabling cost-effective and efficient reservoir management.
Enhanced Decision-Making Through High-Resolution InsightsOne of the core advantages of the Xaminer Deep Testing service is its ability to deliver high-resolution pressure measurements that capture subtle variations in reservoir behavior. These measurements enable accurate identification of fluid contacts, boundaries and reservoir heterogeneities, which are critical for defining optimal production strategies.
By providing near real-time insights, operators can proactively implement adjustments to completion and stimulation designs, avoiding costly delays and improving the efficiency of production operations. The service supports integrated reservoir management, enhancing collaboration between drilling, reservoir engineering and production teams.
Operator Collaboration and Expertise IntegrationThe success of the Xaminer Deep Testing service lies in its operator-driven development process. Halliburton worked closely with operators to ensure the technology meets the practical demands of complex reservoir environments. This collaboration results in a service tailored to real-world challenges, where early-stage reservoir evaluation can dramatically influence asset economics and operational success.
Chris Tevis, vice president of Wireline and Perforating at Halliburton, mentioned that the service provides clarity for multiple intervals, enabling operators to reduce execution risk and make timely, informed decisions. This alignment between technology and operational requirements ensures that the Xaminer Deep Testing service delivers actionable intelligence that drives measurable outcomes.
Maximizing Asset Value Through Integrated TestingThe Xaminer Deep Testing logging service is designed to maximize the value of complex reservoirs. By providing early insights into fluid types, reservoir boundaries and connectivity, operators can make informed decisions that optimize field development strategies and production efficiency.
The combination of integrated tool string design, high-resolution measurement capabilities and digital workflow compatibility ensures that operators gain a complete understanding of reservoir potential in a single intervention. This innovative approach reduces reliance on multiple testing campaigns, shortens decision timelines and supports sustainable asset growth.
Conclusion: Transforming Reservoir EvaluationThe launch of Halliburton’s Xaminer Deep Testing logging service represents a significant advancement in reservoir characterization technology. By addressing the challenges of complex, heterogeneous reservoirs and integrating digital workflows, the service empowers operators to make earlier, more confident decisions, optimize well planning and enhance production outcomes.
Operators seeking to unlock full reservoir potential now have access to a solution that combines precision, speed and actionable insights, setting a new standard for formation testing and subsurface evaluation. Halliburton continues to redefine reservoir intelligence by delivering services that maximize asset value, minimize operational risk and accelerate development timelines.
HAL's Zacks Rank & Key PicksCurrently, HAL carries a Zacks Rank #3 (Hold).
Investors interested in the energy sector might look at some better-ranked stocks like APA Corporation (APA - Free Report) , Canadian Natural Resources Limited (CNQ - Free Report) and Diamondback Energy (FANG - Free Report) , sporting a Zacks Rank #1 (Strong Buy) each at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
APA Corporation is valued at $14.19 billion. It is an independent exploration and production company engaged in developing oil and natural gas assets across the United States, Egypt and the North Sea. APA Corporation focuses on disciplined capital spending and operational efficiency to strengthen production growth and shareholder returns.
Canadian Natural Resources is valued at $101.83 billion. The company is one of Canada’s largest energy producers, with a diversified portfolio that includes crude oil, natural gas and oil sands operations. Canadian Natural Resources’ long-life, low-decline asset base supports stable cash flows and enables it to maintain a strong dividend profile.
Diamondback Energy is valued at $57.84 billion. It is a leading independent oil and gas company primarily operating in the prolific Permian Basin of West Texas. Diamondback Energy is recognized for its low-cost production model, strong free cash flow generation and focus on enhancing shareholder value through dividends and share repurchases.
A month has gone by since the last earnings report for Halliburton (HAL - Free Report) . Shares have added about 8.2% in that time frame, outperforming the S&P 500.
But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Halliburton due for a pullback? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent drivers for Halliburton Company before we dive into how investors and analysts have reacted as of late.
Halliburton Q1 Earnings and Revenues Beat Estimates, Both down Y/YHalliburton reported first-quarter 2026 adjusted net income per share of 55 cents, beating the Zacks Consensus Estimate of 49 cents. The outperformance primarily reflects successful cost reduction initiatives. However, the bottom line fell from the year-ago adjusted profit of 60 cents due to softer activity in the North American region and the negative impact of geopolitical conflict in the Middle East, which hurt both of the company’s segments.
Meanwhile, Houston, TX-based oil and gas equipment and services company’s revenues of $5.4 billion were 0.3% lower year over year but beat the Zacks Consensus Estimate of $5.3 billion.Inside Halliburton’s Regions & Segments
Inside Halliburton’s Regions & SegmentsNorth American revenues fell 4% year over year to $2.1 billion, due to reduced stimulation and artificial lift activity in US Land, along with lower stimulation and fluid services in the Gulf of America, but beat our projection by more than $45 million. On the other hand, revenues from Halliburton’s international operations increased 3% from the year-ago period to $3.3 billion.
The Completion and Production earned $439 million in operating income, lower than last year’s $531 million, due to lower stimulation activity in North America and drops in completion tool sales and pressure pumping services in the Middle East. However, the figure beat our estimate of $427 million, thanks to higher completion tool sales in the Western Hemisphere and stronger pressure pumping services in Africa.
The Drilling and Evaluation unit’s profit fell to $351 million in the first quarter of 2026 from $352 million in the same period of 2025. This decline was caused by lower activity across several product service lines in the Middle East, reduced wireline activity in the Eastern Hemisphere and a drop in fluid services in the Gulf of America. However, the result came in above our $336 million estimate, driven by higher project management activity in Latin America and a rise in drilling-related services across Europe and the Western Hemisphere.
Balance SheetHalliburton reported first-quarter capital expenditure of $192 million. As of March 31, 2026, the company had approximately $2 billion in cash/cash equivalents and $7.1 billion in long-term debt, representing a debt-to-capitalization ratio of 39.6. HAL bought back $100 million worth of its stock and invested $42 million in the SAP S/4 migration during the first quarter of 2026. The company generated $273 million of cash flow from operations in the first quarter, leading to a free cash flow of $123 million.
Management Remarks & OutlookManagement believes that Halliburton is still in the early stages of its recovery in North America. With a clear focus on return on investment and maintaining capital discipline, management is confident that this approach will drive long-term growth and value for both the company and its shareholders.
How Have Estimates Been Moving Since Then?It turns out, estimates revision have trended upward during the past month.
VGM ScoresAt this time, Halliburton has a subpar Growth Score of D, however its Momentum Score is doing a bit better with a C. Following the exact same course, the stock has a grade of C on the value side, putting it in the middle 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Interestingly, Halliburton has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) announced today that its board of directors has declared a 2026 second quarter dividend of seventeen cents ($0.17) a share on the Company’s common stock payable on June 24, 2026, to shareholders of record at the close of business on June 3, 2026.
About Halliburton
Halliburton is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Visit us at www.halliburton.com; connect with us on LinkedIn, YouTube, Instagram and Facebook.
Halliburton Company is evolving beyond its cyclical reputation, demonstrating disciplined capital returns, operational efficiency, and a clear strategic framework under CEO Jeff Miller. HAL's international growth is robust, with Latin America up 22% and Europe/Africa up 11%, offsetting Middle East/Asia declines and diversifying revenue sources. Profitability is improving even in flat revenue environments, with Q1 2026 net income rising to $461M and operating income to $679M, signaling strong operating leverage.
Halliburton (HAL - Free Report) closed the most recent trading day at $41.03, moving +2.24% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.74%. On the other hand, the Dow registered a loss of 1.21%, and the technology-centric Nasdaq decreased by 0.89%.
Prior to today's trading, shares of the provider of drilling services to oil and gas operators had lost 3.81% lagged the Oils-Energy sector's loss of 2.67% and the S&P 500's gain of 5.39%.
The investment community will be paying close attention to the earnings performance of Halliburton in its upcoming release. It is anticipated that the company will report an EPS of $0.54, marking a 1.82% fall compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $5.48 billion, indicating a 0.5% decline compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $2.34 per share and a revenue of $22.23 billion, representing changes of -3.31% and +0.21%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Halliburton. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.15% higher. At present, Halliburton boasts a Zacks Rank of #3 (Hold).
In terms of valuation, Halliburton is currently trading at a Forward P/E ratio of 17.13. This signifies a discount in comparison to the average Forward P/E of 23.33 for its industry.
Meanwhile, HAL's PEG ratio is currently 1.74. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Oil and Gas - Field Services industry currently had an average PEG ratio of 2.3 as of yesterday's close.
The Oil and Gas - Field Services industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 207, finds itself in the bottom 16% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
DENVER, June 9, 2026 /PRNewswire/ -- Greenland Energy Company (NASDAQ: GLND) ("the Company" or "Greenland Energy"), an oil exploration company focused on East Greenland's Jameson Land Basin, today announced via a shareholder letter operational and strategic updates following its recent public listing, including a services agreement with Halliburton and updates on its 2026 exploration program. Dear Valued Shareholders, As we reach the midpoint of 2026, I am pleased to provide an update on our progress over the past six months.
HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE: HAL) has entered into a multi-year agreement with Pampa Energía to support the digital transformation of its unconventional operations in Vaca Muerta, one of the world’s most significant shale plays. As regional development accelerates, the agreement supports Pampa Energía’s strategy to scale efficiently, strengthen decision-making, and deliver consistent execution within subsurface and operations teams.
“This collaboration is about transforming decision-making and execution, turning insights into outcomes, effectively,” said Tony Antoun, senior vice president, Landmark, Halliburton. “By connecting trusted data, proven science, and industrial grade AI in the workflows teams use, we can help Pampa Energía move from insight to action faster and advance its Vaca Muerta growth strategy with confidence.”
Under the agreement, Halliburton will work with Pampa Energía to deploy an integrated digital transformation program that includes digital orchestration, high-resolution reservoir modeling, logistics optimization, and energy efficiency management. The program aligns data governance, automation, and scientific models to increase decision velocity, strengthen team coordination, and maximize asset value. The approach reflects Halliburton’s focus on configured digital solutions that integrate trusted science into enterprise workflows at scale.
The collaboration supports Pampa Energía’s Vaca Muerta development strategy with a scalable and evolving digital foundation that supports long-term performance in Argentina’s unconventional market. As the company advances plans to expand production by up to 45,000 barrels per day by 2027, the program will help deliver growth with operational consistency and capital efficiency. It also provides a foundation for future digital expansion as development activity increases.
ABOUT HALLIBURTON
Halliburton is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Visit us at www.halliburton.com; connect with us on LinkedIn, YouTube, Instagram, and Facebook.
Halliburton (NYSE: HAL) has entered into a multi-year agreement with Pampa Energía to support the digital transformation of its unconventional operations in Vaca Muerta, one of the world’s most significant shale plays. As regional development accelerates, the agreement supports Pampa Energía’s strategy to scale efficiently, strengthen decision-making, and deliver consistent execution within subsurface and operations teams.
“This collaboration is about transforming decision-making and execution, turning insights into outcomes, effectively,” said Tony Antoun, senior vice president, Landmark, Halliburton. “By connecting trusted data, proven science, and industrial grade AI in the workflows teams use, we can help Pampa Energía move from insight to action faster and advance its Vaca Muerta growth strategy with confidence.”
Under the agreement, Halliburton will work with Pampa Energía to deploy an integrated digital transformation program that includes digital orchestration, high-resolution reservoir modeling, logistics optimization, and energy efficiency management. The program aligns data governance, automation, and scientific models to increase decision velocity, strengthen team coordination, and maximize asset value. The approach reflects Halliburton’s focus on configured digital solutions that integrate trusted science into enterprise workflows at scale.
The collaboration supports Pampa Energía’s Vaca Muerta development strategy with a scalable and evolving digital foundation that supports long-term performance in Argentina’s unconventional market. As the company advances plans to expand production by up to 45,000 barrels per day by 2027, the program will help deliver growth with operational consistency and capital efficiency. It also provides a foundation for future digital expansion as development activity increases.
ABOUT HALLIBURTON
Halliburton is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Visit us at www.halliburton.com; connect with us on LinkedIn, YouTube, Instagram, and Facebook.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260609709157/en/
In the latest trading session, Halliburton (HAL - Free Report) closed at $39.62, marking a -2.17% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.26%. Elsewhere, the Dow gained 0.17%, while the tech-heavy Nasdaq lost 0.97%.
The provider of drilling services to oil and gas operators's shares have seen an increase of 0.6% over the last month, not keeping up with the Oils-Energy sector's gain of 0.73% and outstripping the S&P 500's gain of 0.23%.
The investment community will be paying close attention to the earnings performance of Halliburton in its upcoming release. The company is expected to report EPS of $0.54, down 1.82% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $5.48 billion, down 0.5% from the year-ago period.
HAL's full-year Zacks Consensus Estimates are calling for earnings of $2.34 per share and revenue of $22.23 billion. These results would represent year-over-year changes of -3.31% and +0.21%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Halliburton. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 1.15% higher. At present, Halliburton boasts a Zacks Rank of #3 (Hold).
Investors should also note Halliburton's current valuation metrics, including its Forward P/E ratio of 17.29. This indicates a discount in contrast to its industry's Forward P/E of 23.09.
Investors should also note that HAL has a PEG ratio of 1.75 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Oil and Gas - Field Services industry had an average PEG ratio of 2.31 as trading concluded yesterday.
The Oil and Gas - Field Services industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 198, positioning it in the bottom 19% of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Key Takeaways Halliburton signed a multi-year agreement to support Pampa Energia's Vaca Muerta operations.Halliburton will deploy digital tools for reservoir modeling, logistics and energy efficiency.Pampa Energia targets up to 45,000 barrels per day of production growth by 2027. Halliburton Company (HAL - Free Report) has strengthened its position as a leading provider of digital and operational solutions through a new multi-year agreement with Pampa Energía. The partnership is designed to support the digital transformation of Pampa’s unconventional operations in Argentina’s Vaca Muerta formation, one of the world’s most promising shale resources.
As global demand for energy solutions grows, this collaboration between HAL and Pampa Energía marks a pivotal step in modernizing shale development. With cutting-edge technologies and a focus on performance optimization, Halliburton is well-positioned to drive long-term value in one of the world’s most promising energy basins.
Vaca Muerta: Argentina’s Most Promising Shale ResourceAt the center of this emerging energy partnership lies Vaca Muerta, one of the world’s most significant unconventional shale resources located in Argentina’s Neuquén Basin. Over the past decade, the formation has evolved into a global focal point for shale gas development, backed by its vast reserves and rapidly improving production efficiency.
The surge in output from Vaca Muerta has been driven by horizontal drilling technology and multi-stage hydraulic fracturing, techniques that enable producers to unlock gas trapped in dense shale rock formations. The technological advances have allowed Argentina to dramatically expand unconventional production, transforming the country from a seasonal gas importer into a potential regional exporter.
For Argentina, the opportunity is profound. As production from Vaca Muerta grows, Argentina is positioning itself as a central energy supplier for South America.
Advancing Digital Transformation at ScaleAs development activity in Vaca Muerta continues to accelerate, Pampa Energía is focused on scaling operations efficiently while improving decision-making and execution. Halliburton will support these objectives through a comprehensive digital transformation program that integrates advanced technologies with operational workflows.
The initiative reflects Halliburton’s commitment to helping energy companies unlock greater value from their assets by combining trusted data, scientific expertise and industrial-grade artificial intelligence.
A Comprehensive Digital ProgramUnder the agreement, Halliburton will deploy an integrated suite of digital solutions that includes digital orchestration, high-resolution reservoir modeling, logistics optimization and energy-efficiency management.
By aligning data governance, automation and scientific models, the program is expected to increase decision velocity, improve coordination across teams and enhance overall operational performance. The approach demonstrates Halliburton’s ability to configure scalable digital solutions tailored to customers’ evolving needs.
Supporting Long-Term Growth in Vaca MuertaThe collaboration is expected to play a key role in supporting Pampa Energía’s ambitious growth plans. The company aims to expand production by up to 45,000 barrels per day by 2027, and Halliburton’s digital framework will help ensure that growth is achieved with operational consistency and capital discipline.
In addition to supporting current development objectives, the platform establishes a foundation for future digital expansion as activity across the unconventional play increases.
Strengthening Halliburton’s Digital LeadershipThe agreement highlights Halliburton’s growing influence in digital transformation across the energy sector. By helping operators convert data-driven insights into actionable results, the company continues to position itself as a strategic partner for customers seeking greater efficiency, productivity and long-term value creation in increasingly complex operating environments.
HAL’s Zacks Rank & Key PicksHouston, TX-based Halliburton is one of the largest oilfield service providers in the world, offering a variety of equipment, maintenance, and engineering and construction services to the energy, industrial and government sectors. Currently, HAL carries a Zacks Rank #3 (Hold).
Investors interested in the energy sector may consider some top-ranked stocks like Imperial Oil Limited (IMO - Free Report) , Marathon Petroleum Corporation (MPC - Free Report) and Occidental Petroleum Corporation (OXY - Free Report) , each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Calgary-based Imperial Oil is one of the largest integrated oil companies of Canada, mainly engaged in oil and gas production, petroleum products refining and marketing, and the chemical business. The Zacks Consensus Estimate for IMO’s 2026 earnings indicates 70.7% year-over-year growth.
Findlay, OH-based Marathon Petroleum is a leading independent refiner, transporter and marketer of petroleum products. The Zacks Consensus Estimate for MPC’s 2026 earnings indicates 180.8% year-over-year growth.
Houston, TX-based Occidental Petroleum is an integrated oil and gas company with significant exploration and production exposure. The Zacks Consensus Estimate for OXY’s 2026 earnings indicates a 162% year-over-year growth.
HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) will host a conference call on Tuesday, July 21, 2026, to discuss its second quarter 2026 financial results. The call will begin at 8:00 a.m. CT (9:00 a.m. ET).
The Company will issue a press release regarding the second quarter 2026 earnings prior to the conference call. The press release will be posted on the Halliburton website at www.halliburton.com.
Please visit the Halliburton website to listen to the call via live webcast. A recorded version will be available for seven days under the same link immediately following the conclusion of the conference call. You can also pre-register for the conference call and obtain your dial in number and passcode by clicking here.
About Halliburton
Halliburton is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Visit us at www.halliburton.com; connect with us on LinkedIn, YouTube, Instagram and Facebook.
On May 12, 2026, SLB Ltd SLB shares rose 4.5% today, bringing the current price to $55.64. The stock has experienced a 52-week range of $31.64 to $57.20, showcasing significant volatility in its price trajectory.
GF Value™ verdict: Current price of $55.64 is 21.4% above the GF Value™ of $45.84.GF Score™: 81/100, indicating a strong assessment of the company's fundamentals.Most notable signal: Insiders sold $7.3 million worth of stock in the last three months, with no buying activity detected. Is SLB Overvalued or Undervalued? The current market price of SLB Ltd shares at $55.64 exceeds the GF Value™ estimate of $45.84, indicating the stock is 21.4% overvalued. This assessment suggests that there may be limited margin of safety for new investors considering entering a position in SLB at this time. The GF Valuation label categorizes SLB as "Modestly Overvalued," which further solidifies the notion that potential risks may outweigh the benefits for investors at this price point.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. The overvaluation suggests that the stock may be exposed to downward price corrections, particularly if earnings do not meet market expectations in the near term.
How Does SLB's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 24.3x 18.5x Forward P/E 21.6x - The current P/E (TTM) of 24.3x is significantly above its 5-year median of 18.5x, suggesting that SLB is trading at a premium relative to its historical valuation. Additionally, the forward P/E of 21.6x indicates that expectations for future earnings are also elevated. This analysis aligns with the GF Value™ verdict of overvaluation, signifying that the stock's current pricing may not be justified based on historical performance.
What Does SLB's GF Score™ Tell Us? Metric Rating GF Score™ 81/100 Financial Strength 6/10 Profitability 7/10 Growth 6/10 Valuation 6/10 Momentum 6/10 SLB's GF Score™ of 81/100 indicates a strong overall assessment of the company's fundamentals. The profitability rank of 7/10 is the strongest area, suggesting that SLB has maintained relatively healthy profit margins. However, the financial strength ranking of 6/10 points to some areas of concern, particularly regarding liquidity and debt levels. The growth, valuation, and momentum ranks are also moderate at 6/10, indicating stable but unspectacular performance in these areas.
What Are Insiders Doing with SLB Stock? Recent insider activity reveals that insiders sold a total of $7.3 million in SLB stock over the last three months, with no purchase activity recorded during this period. This pattern may suggest a lack of confidence among insiders in the company's near-term prospects or a strategic decision to liquidate holdings. The absence of buying from insiders further raises questions regarding the sustainability of the current stock price and could be a signal for potential caution among external investors.
What This Means for Investors Based on the GF Value™ assessment, SLB Ltd is currently overvalued, with a notable 21.4% premium over its intrinsic value. This pricing dynamic suggests that investors may want to exercise caution when considering entry into this stock, as the potential risks associated with overvaluation could outweigh any immediate benefits.
For the complete analysis, visit the SLB Ltd SLB stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is SLB's GF Score™?
SLB's GF Score™ is 81/100, indicating a strong overall assessment of the company's fundamentals and potential for long-term returns.
Is SLB overvalued or undervalued?
SLB is currently overvalued, with its price at $55.64 exceeding the GF Value™ estimate of $45.84 by 21.4%.
What is SLB's P/E ratio?
SLB's P/E (TTM) is 24.3x, which is 31% above its 5-year median of 18.5x, indicating that the stock is trading at a premium compared to its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
On May 18, 2026, SLB Ltd SLB shares rose 3.2% today, bringing the current price to $57.15. The stock has experienced a strong performance in the past year, with a 64.7% increase, and has traded between $31.64 and $57.59 over the last 52 weeks.
GF Value™ verdict: Current price of $57.15 vs GF Value™ of $45.83 indicates the stock is 24.7% overvalued.GF Score™: 80/100 (Strong), suggesting favorable long-term potential.Most notable signal: Insiders sold $7.3M in the last 3 months, indicating a lack of buying interest. Is SLB Overvalued or Undervalued? According to the GF Value™, SLB Ltd is currently trading at a price of $57.15, which is significantly above its fair value estimate of $45.83. This places the stock at a 24.7% overvaluation, indicating that investors are paying a premium for the shares compared to their intrinsic value. The GF Valuation label categorizes SLB as "Modestly Overvalued," suggesting that there may be limited upside potential in the near term. The high current price relative to the GF Value™ indicates a reduced margin of safety for potential investors.
Being overvalued poses risks such as potential price corrections if market sentiment shifts or if the company fails to meet growth expectations. Thus, while SLB has shown strong historical performance, prospective investors should approach with caution, considering the valuation metrics presented by the GF Value™ methodology. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.
How Does SLB's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 25.0x 18.6x Forward P/E 22.1x - SLB's current P/E (TTM) of 25.0x is notably above its 5-year median P/E of 18.6x, indicating that the stock is trading at a premium compared to its historical valuation. The forward P/E of 22.1x also reinforces this perspective, suggesting that investors are expecting higher earnings growth, which the current valuations do not fully justify. This P/E analysis aligns with the GF Value™ verdict, supporting the conclusion that SLB is overvalued at its current price level.
What Does SLB's GF Score™ Tell Us? Metric Rating GF Score™ 80 Financial Strength 6/10 Profitability 7/10 Growth 6/10 Valuation 6/10 Momentum 6/10 SLB's GF Score™ of 80/100 reflects a strong overall rating, indicating that the company has good prospects for long-term returns based on its financial metrics. The strongest area is its profitability, rated at 7/10, which suggests that SLB is capable of generating significant earnings. However, the financial strength score of 6/10 indicates some concerns, suggesting that while the company is stable, it may not have the robust financial backing that would provide additional confidence to investors.
What Are Insiders Doing with SLB Stock? In the last three months, insiders have sold $7.3 million worth of SLB shares, showing a notable trend of selling without any recorded buying activity. This pattern may signal a lack of confidence from those closest to the company, potentially raising concerns for outside investors regarding future performance.
The absence of insider buying could suggest that those with the most knowledge about the company are not optimistic about its near-term prospects, which could influence market sentiment negatively.
What This Means for Investors Based on the analysis of GF Value™, SLB Ltd is currently considered overvalued. Despite a strong GF Score™ and positive trends in price performance, the significant premium over its intrinsic value raises concerns for potential investors. Caution is advised, as market corrections may occur if future performance does not meet elevated expectations.
For the complete analysis, visit the SLB Ltd SLB stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is SLB's GF Score™?
SLB has a GF Score™ of 80/100, indicating a strong potential for long-term returns based on its financial performance and other key metrics.
Is SLB overvalued or undervalued?
SLB is currently overvalued, with a current price of $57.15 compared to the GF Value™ of $45.83, representing a 24.7% overvaluation.
What is SLB's P/E ratio?
SLB's P/E (TTM) is 25.0x, which is significantly above its 5-year median P/E of 18.6x, indicating that the stock is currently trading at a premium compared to its historical valuation.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
SLB (SLB - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Shares of this world's largest oilfield services company have returned +7.6% over the past month versus the Zacks S&P 500 composite's +3.3% change. The Zacks Technology Services industry, to which SLB belongs, has lost 2.2% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate RevisionsRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
SLB is expected to post earnings of $0.53 per share for the current quarter, representing a year-over-year change of -28.4%. Over the last 30 days, the Zacks Consensus Estimate has changed -6.1%.
The consensus earnings estimate of $2.61 for the current fiscal year indicates a year-over-year change of -10.9%. This estimate has changed -2.2% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $3.4 indicates a change of +30.1% from what SLB is expected to report a year ago. Over the past month, the estimate has changed +0.6%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, SLB is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For SLB, the consensus sales estimate for the current quarter of $8.71 billion indicates a year-over-year change of +1.9%. For the current and next fiscal years, $36.52 billion and $39.35 billion estimates indicate +2.3% and +7.8% changes, respectively.
Last Reported Results and Surprise HistorySLB reported revenues of $8.72 billion in the last reported quarter, representing a year-over-year change of +2.7%. EPS of $0.52 for the same period compares with $0.72 a year ago.
Compared to the Zacks Consensus Estimate of $8.63 billion, the reported revenues represent a surprise of +1.09%. The EPS surprise was +1.96%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
SLB is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about SLB. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
HOUSTON--(BUSINESS WIRE)--SLB (NYSE: SLB) will hold a conference call on July 24, 2026, to discuss the results for the second quarter ending June 30, 2026.
The conference call is scheduled to begin at 9:30 a.m. U.S. Eastern time and a press release regarding the results will be issued at 7:00 a.m. U.S. Eastern time.
To access the conference call, listeners should contact the Conference Call Operator at +1 (800) 715-9871 within North America or +1 (646) 307-1963 outside of North America approximately 10 minutes prior to the start of the call and the access code is 3440360.
A webcast of the conference call will be broadcast simultaneously at https://events.q4inc.com/attendee/157027565 on a listen-only basis. Listeners should log in 15 minutes prior to the start of the call to test their browsers and register for the webcast. Following the end of the conference call, a replay will be available at www.slb.com/irwebcast until July 31, 2026, and can be accessed by dialing +1 (800) 770-2030 within North America or +1 (609) 800-9909 outside of North America and giving the access code 3440360.
About SLB
SLB (NYSE: SLB) is a global technology company that has driven energy innovation for 100 years. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at slb.com.
In the latest close session, SLB (SLB - Free Report) was up +1.22% at $57.98. This change outpaced the S&P 500's 0.61% gain on the day. Elsewhere, the Dow saw a downswing of 0.23%, while the tech-heavy Nasdaq appreciated by 1.19%.
The world's largest oilfield services company's shares have seen an increase of 3.71% over the last month, surpassing the Business Services sector's gain of 0.68% and falling behind the S&P 500's gain of 4.44%.
The investment community will be paying close attention to the earnings performance of SLB in its upcoming release. It is anticipated that the company will report an EPS of $0.53, marking a 28.38% fall compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $8.71 billion, showing a 1.95% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $2.61 per share and revenue of $36.55 billion, which would represent changes of -10.92% and +2.36%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for SLB. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 2.22% decrease. Right now, SLB possesses a Zacks Rank of #3 (Hold).
With respect to valuation, SLB is currently being traded at a Forward P/E ratio of 21.92. This represents a premium compared to its industry average Forward P/E of 15.88.
It is also worth noting that SLB currently has a PEG ratio of 2.32. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Technology Services stocks are, on average, holding a PEG ratio of 1.36 based on yesterday's closing prices.
The Technology Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 179, which puts it in the bottom 27% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
As artificial intelligence (AI) valuations skyrocket, high-net-worth investors are hunting for defensive opportunities outside the booming tech sector.
The Shift To Real Assets“The market has been on a tear for sure,” Entwistle observed. Instead of over-allocating to expensive tech giants, she recommends capitalizing on inflation hedges.
Energy Stocks To ‘Hold Up’Introducing Evergreen AlternativesTo achieve true diversification, Entwistle’s strategy targets non-tech trades and non-correlated alternative vehicles to safeguard capital.
The firm is actively introducing “evergreen alternatives” to client portfolios, prioritizing digital infrastructure, communication towers, and private credit over traditional long-duration bonds.
Rather than abandoning equities entirely, this modern asset allocation framework prepares wealthy investors for sudden market shifts, offering a stabilized entry point should a broader tech pullback occur.
Price Action Within Morgan Stanley’s PicksEntwistle’s energy pick SLB has risen 51.07% year-to-date, 62.59% in the last six months, and 72.52% over the year. Its Benzinga Edge Stock Rankings reveal a strong price trend in the short, medium, and long term, with a solid growth score but a poor value score.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Agreement supports Vår Energi’s ambition to reduce time to first oil, building on multi-discipline, collaborative well planning workflows that reduce cycle times from months to days
HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced an expanded collaboration with Vår Energi to scale well planning and integrated field development planning across its Norwegian Continental Shelf operations. With collaborative well planning already reducing cycle times from months to days and integrated field development planning expected to support similar benefits, the expanded deployment is designed to support faster, more consistent decision-making as operators work to sustain production from mature offshore assets while managing increasing development complexity.
As part of the expanded collaboration, Vår Energi is deploying the Delfi™ digital platform to connect exploration, subsurface evaluation, well planning, subsea design, field development planning, and production in a cloud-native environment. By enabling teams to work concurrently using shared data and standardized workflows, the approach reduces handoffs and rework and supports more consistent, timely decision-making from early evaluation through development planning.
“As offshore developments become more complex, performance increasingly depends on how quickly teams can align, evaluate options and make decisions using trusted data,” said Rakesh Jaggi, president of SLB’s digital business. “By bringing disciplines together in an integrated digital environment, operators can shorten planning cycles and improve the speed and quality of decisions needed to progress opportunities, including marginal subsea tiebacks.”
The expanded collaboration reflects a broader shift toward cloud-based planning approaches that help operators reduce time between key development milestones, improve coordination across disciplines and maximize value from existing resources in mature basins.
Key Points:
SLB and Vår Energi are scaling digital field development planning on the Delfi™ digital platform across the Norwegian Continental Shelf to improve progression from discovery to development. Validation reduced planning cycle times from months to weeks, demonstrating measurable impact at scale. Under the agreement, Vår Energi is deploying the Delfi™ digital platform to connect exploration, subsurface evaluation, well planning, subsea design, field development planning, and production in a cloud-native environment. Standardized, integrated workflows enable concurrent cross-discipline work, reducing handoffs and rework while improving timely, trusted-data decisions for mature offshore assets, including marginal subsea tiebacks. About SLB
SLB (NYSE: SLB) is a global technology company that has driven energy innovation for 100 years. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at slb.com.
This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as “expect,” “may,” “can,” “estimate,” “intend,” “anticipate,” “will,” “potential,” “projected" and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, SLB’s new technologies and partnerships; statements about goals, plans and projections with respect to sustainability and environmental matters; forecasts or expectations regarding energy transition and global climate change; and improvements in operating procedures and technology. These statements are subject to risks and uncertainties, including, but not limited to, the inability to achieve net-negative carbon emissions goals; the inability to recognize intended benefits of SLB’s strategies, initiatives or partnerships; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the timing or receipt of regulatory approvals and permits; and other risks and uncertainties detailed in SLB’s most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
SLB and Vår Energi Expand Digital Collaboration to Scale Well and Integrated Field Development Planning Global energy technology company SLB (NYSE: SLB) today announced an expanded collaboration with Vår Energi to scale well planning and integrated field development planning across its Norwegian Continental Shelf operations. With collaborative well planning already reducing cycle times from months to days and integrated field development planning expected to support similar benefits, the expanded deployment is designed to support faster, more consistent decision-making as operators work to sustain production from mature offshore assets while managing increasing development complexity.
As part of the expanded collaboration, Vår Energi is deploying the Delfi™ digital platform to connect exploration, subsurface evaluation, well planning, subsea design, field development planning, and production in a cloud-native environment. By enabling teams to work concurrently using shared data and standardized workflows, the approach reduces handoffs and rework and supports more consistent, timely decision-making from early evaluation through development planning.
“As offshore developments become more complex, performance increasingly depends on how quickly teams can align, evaluate options and make decisions using trusted data,” said Rakesh Jaggi, president of SLB’s digital business. “By bringing disciplines together in an integrated digital environment, operators can shorten planning cycles and improve the speed and quality of decisions needed to progress opportunities, including marginal subsea tiebacks.”
The expanded collaboration reflects a broader shift toward cloud-based planning approaches that help operators reduce time between key development milestones, improve coordination across disciplines and maximize value from existing resources in mature basins.
Key Points:
SLB and Vår Energi are scaling digital field development planning on the Delfi™ digital platform across the Norwegian Continental Shelf to improve progression from discovery to development. Validation reduced planning cycle times from months to weeks, demonstrating measurable impact at scale. Under the agreement, Vår Energi is deploying the Delfi™ digital platform to connect exploration, subsurface evaluation, well planning, subsea design, field development planning, and production in a cloud-native environment. Standardized, integrated workflows enable concurrent cross-discipline work, reducing handoffs and rework while improving timely, trusted-data decisions for mature offshore assets, including marginal subsea tiebacks. About SLB
SLB (NYSE: SLB) is a global technology company that has driven energy innovation for 100 years. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at slb.com.
This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as “expect,” “may,” “can,” “estimate,” “intend,” “anticipate,” “will,” “potential,” “projected" and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, SLB’s new technologies and partnerships; statements about goals, plans and projections with respect to sustainability and environmental matters; forecasts or expectations regarding energy transition and global climate change; and improvements in operating procedures and technology. These statements are subject to risks and uncertainties, including, but not limited to, the inability to achieve net-negative carbon emissions goals; the inability to recognize intended benefits of SLB’s strategies, initiatives or partnerships; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the timing or receipt of regulatory approvals and permits; and other risks and uncertainties detailed in SLB’s most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260528629872/en/
