SLB LIMITED/NV

SLB 10-Q · Q1 2026
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SLB Q1 2026 request

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Income Statement

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Income Statement
Metric Q1 2026 Q1 2025 YoY
Revenue 8,721 8,490 +2.7%
Show Product Lines breakouts
Product 3,802 3,124 +21.7%
Service 4,919 5,366 -8.3%
Show Business Segments breakouts
All Other Segments 443 562 -21.2%
All Other Segments · Non Us 300 347 -13.5%
All Other Segments · North America 143 216 -33.8%
All Other Segments · Operating Segments 443 562 -21.2%
Digital Integration 640 587 +9.0%
Digital Integration · Non Us 443 416 +6.5%
Digital Integration · North America 197 171 +15.2%
Digital Integration · Operating Segments 640 587 +9.0%
Eliminations & Other -261 -177 -47.5%
Eliminations & Other · Non Us -184 -140 -31.4%
Eliminations & Other · North America -70 -22 -218.2%
Eliminations & Other · Operating Segments -261 -177 -47.5%
Eliminations & Other · Other -7 -15 +53.3%
Production Systems 3,508 2,841 +23.5%
Production Systems · Non Us 2,272 2,166 +4.9%
Production Systems · North America 1,206 671 +79.7%
Production Systems · Operating Segments 3,508 2,841 +23.5%
Production Systems · Other 30 4 +650.0%
Reservoir Performance 1,594 1,700 -6.2%
Reservoir Performance · Non Us 1,445 1,557 -7.2%
Reservoir Performance · North America 143 142 +0.7%
Reservoir Performance · Operating Segments 1,594 1,700 -6.2%
Reservoir Performance · Other 6 1 +500.0%
Well Construction 2,797 2,977 -6.0%
Well Construction · Non Us 2,195 2,381 -7.8%
Well Construction · North America 548 541 +1.3%
Well Construction · Operating Segments 2,797 2,977 -6.0%
Well Construction · Other 54 55 -1.8%
Show Geography breakouts
Europe & Africa · Operating Segments 2,256 2,235 +0.9%
Latin America · Operating Segments 1,528 1,495 +2.2%
Middle East · Operating Segments 2,687 2,997 -10.3%
Non Us · Operating Segments 6,471 6,727 -3.8%
North America · Operating Segments 2,167 1,719 +26.1%
Other · Operating Segments 83 44 +88.6%
Show Consolidation Items breakouts
Operating Segments 8,721 8,490 +2.7%
Cost of Revenue (Q) — — —
Show Product Lines breakouts
Product 3,341 2,628 +27.1%
Service 4,049 4,256 -4.9%
Research & Development 164 172 -4.7%
General & Administrative 97 96 +1.0%
Operating Expenses (Q) — — —
Show Business Segments breakouts
Digital Integration · Operating Segments 506 462 +9.5%
Production Systems · Operating Segments 3,011 2,370 +27.0%
Reservoir Performance · Operating Segments 1,337 1,418 -5.7%
Well Construction · Operating Segments 2,373 2,388 -0.6%
Income Before Taxes 956 1,063 -10.1%
Show Business Segments breakouts
All Other Segments · Operating Segments 113 162 -30.2%
Digital Integration · Operating Segments 134 125 +7.2%
Eliminations & Other · Operating Segments -104 -73 -42.5%
Production Systems · Operating Segments 497 471 +5.5%
Reservoir Performance · Operating Segments 257 282 -8.9%
Well Construction · Operating Segments 424 589 -28.0%
Income Tax Expense (Benefit) 195 234 -16.7%
Net Income 761 829 -8.2%
Show Equity Components breakouts
Noncontrolling Interest 9 32 -71.9%
Retained Earnings 752 797 -5.6%
Net Income 752 797 -5.6%
Comprehensive Income 748 923 -19.0%
EPS (Basic) 0.5 0.58 -13.8%
EPS (Diluted) 0.5 0.58 -13.8%
Wtd Avg Shares (Basic) 1,499 1,366 +9.7%
Wtd Avg Shares (Diluted) 1,515 1,380 +9.8%
Net Income Loss Available To Common Stockholders Basic 752 797 -5.6%
Other Expenses (Q) — — —
Show Business Segments breakouts
Digital Integration · Operating Segments 202 140 +44.3%
Production Systems · Operating Segments 266 172 +54.7%
Reservoir Performance · Operating Segments 405 433 -6.5%
Well Construction · Operating Segments 633 568 +11.4%
Interest Income Operating (Q) — — —
Show Consolidation Items breakouts
Material Reconciling Items 20 36 -44.4%
Operating Segments 5 — —
Interest Expense 116 147 -21.1%
Show Consolidation Items breakouts
Material Reconciling Items -116 -144 +19.4%
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax -14 -65 +78.5%
Net Income Loss Attributable To Noncontrolling Interest 9 32 -71.9%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Short-Term Investments 568 961 -40.9%
Inventory 5,274 4,650 +13.4%
Total Current Assets 19,335 18,595 +4.0%
Non-Current Assets
Property, Plant & Equipment 7,747 7,399 +4.7%
Goodwill 16,852 14,637 +15.1%
Intangible Assets 4,901 2,963 +65.4%
Show Finite Lived Intangible Assets By Major Class breakouts
Customer Relationships 1,903 1,065 +78.7%
Developed Technology Rights 1,621 717 +126.1%
Other Intangible Assets 605 694 -12.8%
Trade Names 772 487 +58.5%
Other Non-Current Assets 3,907 3,767 +3.7%
Total Assets 54,526 — —
Show Business Segments breakouts
All Other Segments · Operating Segments 2,327 — —
Digital Integration · Operating Segments 902 — —
Eliminations & Other · Operating Segments 1,094 — —
Production Systems · Operating Segments 9,414 — —
Reservoir Performance · Operating Segments 4,063 — —
Well Construction · Operating Segments 6,395 — —
Current Liabilities
Total Current Liabilities 14,413 15,036 -4.1%
Non-Current Liabilities
Long-Term Debt 9,670 10,527 -8.1%
Show Debt Instrument breakouts
0.25% Notes due 2027 1,035 969 +6.8%
0.50% Notes due 2031 1,033 967 +6.8%
2.00% Guaranteed Notes due 2032 1,145 1,070 +7.0%
2.65% Senior Notes due 2030 1,247 1,246 +0.1%
3.90% Senior Notes due 2028 1,485 1,480 +0.3%
4.30% Senior Notes due 2029 848 848 0.0%
4.50% Senior Notes due 2028 498 496 +0.4%
4.85% Senior Notes due 2033 495 494 +0.2%
5.00% Senior Notes due 2027 498 496 +0.4%
5.00% Senior Notes due 2029 495 493 +0.4%
5.00% Senior Notes due 2034 488 486 +0.4%
5.13% Notes due 2043 98 98 0.0%
5.95% Notes due 2041 110 111 -0.9%
7.00% Notes due 2038 195 197 -1.0%
Deferred Tax Liabilities 704 37 +1802.7%
Other Non-Current Liabilities 1,912 2,147 -10.9%
Total Liabilities 27,173 28,254 -3.8%
Stockholders' Equity
Common Stock 16,198 10,827 +49.6%
Retained Earnings 18,369 16,804 +9.3%
Accumulated Other Comprehensive Income -4,740 -4,824 +1.7%
Total Stockholders' Equity 26,177 19,515 +34.1%
Total Liabilities & Equity 54,526 49,002 +11.3%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Depreciation & Amortization 685 640 +7.0%
Show Business Segments breakouts
All Other Segments · Operating Segments 84 111 -24.3%
Digital Integration · Operating Segments 33 56 -41.1%
Eliminations & Other · Operating Segments 69 70 -1.4%
Production Systems · Operating Segments 152 90 +68.9%
Reservoir Performance · Operating Segments 113 104 +8.7%
Well Construction · Operating Segments 161 164 -1.8%
Show Consolidation Items breakouts
Material Reconciling Items 73 45 +62.2%
Stock-Based Compensation 101 91 +11.0%
Deferred Income Taxes 53 -37 +243.2%
Change in Inventory -224 -214 -4.7%
Net Cash from Operations 487 660 -26.2%
Investing Activities
Capital Expenditures -343 -398 +13.8%
Net Cash from Investing 33 -432 +107.6%
Financing Activities
Tax Withholding for Share Compensation -59 -53 -11.3%
Net Cash from Financing -734 -878 +16.4%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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