A global energy technology company that helps oil and gas producers find, drill, and manage wells, and is expanding into carbon capture, geothermal, and data center solutions. Founded in 1926 in Paris by brothers Conrad and Marcel Schlumberger, it invented wireline logging—lowering an electrical probe down a well to map underground rock—and ran the world's first such log in 1927. In 2022 the company, long known as Schlumberger, rebranded to SLB to match its stock ticker symbol.
SLB reports Q2 2026 revenue of $8.97 billion, up 3% sequentially and 5% year on year.
GAAP EPS was $0.52, up 4% sequentially and down 30% year on year; EPS excluding charges and credits was $0.55, up 6% sequentially and down 26% year on year.
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Net income attributable to SLB was $786 million, up 5% sequentially and down 22% year on year.
Adjusted EBITDA was $1.90 billion, up 7% sequentially and down 7% year on year; adjusted EBITDA margin was 21.2%.
Cash flow from operations was $1.36 billion and free cash flow was $716 million.
Board approved a quarterly cash dividend of $0.295 per share, payable October 8, 2026.
2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
SLB's subsidiary issued $2.0B in senior notes due 2031, 2033, and 2036.
The notes are fully and unconditionally guaranteed by SLB Limited and were sold under an underwriting agreement dated April 30, 2026.
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On May 7, 2026, Schlumberger Investment S.A. issued $500M of 4.550% Senior Notes due 2031, $500M of 4.800% Senior Notes due 2033, and $1.0B of 5.150% Senior Notes due 2036.
Underwriters included J.P. Morgan Securities LLC, HSBC Securities (USA) Inc., and Standard Chartered Bank as representatives.
The notes were issued under a base indenture supplemented by a Sixth Supplemental Indenture dated May 7, 2026, with The Bank of New York Mellon as trustee.
The filing was made to incorporate the underwriting agreement and supplemental indenture into SLB's registration statement on Form S-3.
8.01 Other Events · 9.01 Financial Statements and Exhibits
SLB warns Q1 earnings hit of 6-9 cents per share due to Middle East disruptions
SLB suspended travel to and transit through the Middle East and began demobilizing operations in a few countries to safeguard personnel and facilities.
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The company activated local and regional crisis response teams that are meeting daily and is working with local authorities and customers.
SLB expects first-quarter revenue to be lower than expected, with an estimated impact of approximately 6-9 cents of earnings per diluted share.
The company plans a phased resumption of full activity once conditions stabilize and remains confident in its global business resilience.
The press release was furnished under Item 7.01 Regulation FD Disclosure and is included as Exhibit 99.
7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
SLB reports Q3 2025 revenue of $8.93 billion, up 4% sequentially, with GAAP EPS of $0.50.
GAAP EPS of $0.50 decreased 32% sequentially and 40% year on year; EPS excluding charges and credits was $0.69, down 7% sequentially and 22% year on year.
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Revenue of $8.93 billion increased 4% sequentially and decreased 3% year on year.
Net income attributable to SLB was $739 million, down 27% sequentially and 38% year on year.
Adjusted EBITDA was $2.06 billion, flat sequentially and down 12% year on year; cash flow from operations was $1.68 billion and free cash flow was $1.10 billion.
Board approved a quarterly cash dividend of $0.285 per share, payable January 8, 2026.
2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits