威德福国际 2025年度报告

Form 10-K ☑ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year endedDecember 31, 2025or☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from __________________________________to __________________________________Commission file number001-36504 Weatherford International plc (Exact name of registrant as specified in its charter) Ireland98-0606750(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)2000 St. James Place, Houston,Texas77056(Address of principal executive offices)(Zip Code) Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes☑No☐Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes☐No☑ Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has beensubject to such filing requirements for the past 90 days. Yes☑No☐Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes☑No☐Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and“emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered publicaccounting firm that prepared or issued its audit report.☑Yes☐NoIf securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.☐Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐No☑The aggregate market value of the voting stock held by non-affiliates of the registrant as of June 30, 2025 was approximately $2.7billion based upon the closing price on the Nasdaq Global Select Market as of such date. The registrant had 71,717,593 ordinary shares outstanding as ofJanuary30, 2026. DOCUMENTS INCORPORATED BY REFERENCECertain information required to be furnished pursuant to Part III of this Form 10-K will be set forth in, and will be incorporated by reference from, Weatherford’s definitive proxy statement for the 2026 Annual General Meeting of Shareholders to be filed by Weatherford with theSecurities and Exchange Commission (“SEC”) pursuant to Regulation 14A within 120 days after the registrant’s fiscal year ended December31, 2025. Weatherford International plcForm 10-K for the Year Ended December 31, 2025Table of Contents PART IPAGEItem 1Business2Item 1ARisk Factors8Item 1BUnresolved Staff Comments20Item 1CCybersecurity20Item 2Properties21Item 3Legal Proceedings22Item 4Mine Safety Disclosures22 Item 10Directors, Executive Officers and Corporate Governance80Item 11Executive Compensation80Item 12Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters80Item 13Certain Relationships and Related Transactions, and Director Independence81Item 14Principal Accounting Fees and Services81 PART I Item 1. Business. Weatherford International plc, an Irish public limited company, together with its subsidiaries (“Weatherford,” the “Company,” “we,” “us”and “our”), is a leading global energy services company providing equipment and services used in the drilling, evaluation, well construction,completion, production, intervention, and responsible abandonment of wells in the oil and natural gas exploration and production industry aswell as new