Weatherford International plc has announced its results for the second quarter of 2025. The company reported revenues of $1.204 billion, marking a 1% increase sequentially, though representing a 14% decrease year-over-year. Operating income for the quarter was $237 million, an increase of 67% sequentially. Net income reached $136 million, up 79% from the previous quarter, with a net income margin of 11.3%. Diluted income per share was $1.87, reflecting an 81% increase sequentially and a 13% increase year-over-year. The company highlighted that adjusted EBITDA for the quarter was $254 million, with a margin of 21.1%, which was flat sequentially. Cash provided by operating activities was $128 million, a decrease of 10% sequentially and 15% year-over-year. Adjusted free cash flow increased by 20% sequentially to $79 million, despite a year-over-year decrease of 18%. Capital expenditures were reduced by 30% sequentially and by 13% year-over-year, totaling $54 million. In operational updates, Weatherford signed an agreement with Amazon Web Services to modernize its digital platforms, aiming to enhance operational efficiency and data-driven decision-making. The agreement includes migrating to cloud-based solutions while maintaining data control and integration flexibility. Looking ahead, Weatherford noted that activity levels in North America and international markets show signs of sluggishness, with expectations for a broader sector recovery being pushed further into the future. The company anticipates a relatively flat trajectory for revenues in the immediate future. The board approved a quarterly cash dividend of $0.25 per share, payable on September 4, 2025, to shareholders of record as of August 6, 2025.