SLB

MKT CAP:$84B

SLB N.V.

Market Cap

$84B

Energy·Oil & Gas Equipment & Services·🇺🇸 United States·NYSE

Energy·Oil & Gas Equipment & Services·🇺🇸·NYSE

Stock Price

$56.11+$15.91 (+39.58%)

Apr 24, 2026

Company Details

SLB N.V. engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides fi...

CEO

Olivier Le Peuch

IPO Date

Dec 31, 1981

Website

www.slb.com

Key Metrics TTM

Revenue

$31.0B

-3.5% YoY

Net Income

-$562M

EPS (Diluted)

-$0.99

Free Cash Flow

$2.6B

Revenue / Share

—

Gross Margin

12.3%

Operating Margin

9.8%

Net Margin

-1.8%

FCF Margin

8.3%

P/S

2.7x

P/E

—

Earnings Reports

Q1 2026

Apr 24, 2026

NEW

$8.7BEPS $0.00

FY 2025

Jan 23, 2026

$35.7BEPS $2.35

Q3 2024

Oct 23, 2024

$9.2BEPS $0.83

Q1 2023

Apr 26, 2023

$7.7BEPS $0.65

FY 2020

Jan 27, 2021

$23.6B-28.3%EPS -$7.54

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 16	$7.2B	$849M	$489M
Q4 17	$8.2B	$978M	$678M
Q1 18	$7.8B	$1.0B	$744M
Q2 19	$8.3B	$1.0B	$724M
Q3 19	$8.5B	$1.2B	$860M
Q1 20	$7.5B	$831M	$531M
Q2 20	$5.4B	$431M	$208M
Q1 23	$7.7B	$1.5B	$1.2B
Q3 24	$9.2B	$1.9B	$1.6B
Q1 26	$8.7B	$0	$0

Valuation

Quarter	P/S	P/E
Q2 16	—	—
Q4 17	—	—
Q1 18	—	—
Q2 19	1.7x	—
Q3 19	1.4x	—
Q1 20	0.6x	—
Q2 20	0.8x	—
Q1 23	2.6x	—
Q3 24	2.0x	—
Q1 26	2.4x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 16	$1.6B	$1.0B
Q4 17	$2.3B	$1.6B
Q1 18	$568M	$88M
Q2 19	$1.1B	$640M
Q3 19	$1.7B	$1.3B
Q1 20	$784M	$342M
Q2 20	$803M	$526M
Q1 23	$330M	-$132M
Q3 24	$2.4B	$1.8B

Capital Expenditures

Quarter	CapEx
Q2 16	$615M
Q4 17	$678M
Q1 18	$480M
Q2 19	$468M
Q3 19	$485M
Q1 20	$442M
Q2 20	$277M
Q1 23	$462M
Q3 24	$601M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 19	+19.2%	+15.1%
Q1 20	-8.9%	-7.7%
Q2 20	-31.6%	-27.3%
Q1 23	-6.4%	-13.2%
Q3 24	+7.2%	-2.2%
Q1 26	+17.0%	+26.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 16	$84M	1.2%
Q4 17	$82M	1.0%
Q1 18	$90M	1.1%
Q2 19	$86M	1.0%
Q3 19	$135M	1.6%
Q1 20	$108M	1.4%
Q2 20	$105M	2.0%
Q1 23	$81M	1.0%
Q3 24	$71M	0.8%

OpEx Breakdown

Quarter	R&D	G&A
Q2 16	$257M	$103M
Q4 17	$192M	$109M
Q1 18	$172M	$111M
Q2 19	$179M	$114M
Q3 19	$176M	$120M
Q1 20	$173M	$127M
Q2 20	$142M	$81M
Q1 23	$174M	$91M
Q3 24	$187M	$90M

Revenue Segments

Quarter	Digital Integration	Production Systems	Reservoir Characterization	Well Construction
Q1 23	$894M	$2.2B	$1.5B	$3.3B
Q3 24	$1.1B	$3.1B	$1.8B	$3.3B

Revenue by Geography

Quarter	Europe C I S Africa	Latin America	Middle East	North America	Other Countries
Q1 18	$1.7B	$870M	$2.3B	$2.8B	—
Q2 19	$1.9B	$1.1B	$2.5B	$2.8B	—
Q3 19	$2.1B	$1.0B	$2.6B	$2.9B	—
Q1 20	$1.8B	$945M	$2.4B	$2.3B	—
Q2 20	$1.4B	$543M	$2.1B	$1.2B	—
Q1 23	$2.0B	$1.6B	$2.4B	$1.7B	$53M
Q3 24	$2.4B	$1.7B	$3.3B	$1.7B	$47M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$1.9B	$923M	$2.8B
Q3 22	$2.2B	$1.4B	$3.6B
Q4 22	$1.7B	$1.2B	$2.9B
Q1 23	$1.5B	$1.0B	$2.5B
Q2 23	$1.9B	$1.3B	$3.2B
Q3 23	$2.5B	$1.2B	$3.7B
Q4 23	$2.9B	$1.1B	$4.0B
Q1 24	$2.8B	$703M	$3.5B
Q2 24	$3.0B	$1.1B	$4.0B
Q3 24	$3.1B	$1.4B	$4.5B
Q4 24	$3.5B	$1.1B	$4.7B
Q1 25	$2.9B	$961M	$3.9B
Q2 25	$3.2B	$511M	$3.7B
Q3 25	$3.0B	$571M	$3.6B
Q4 25	$3.0B	$1.2B	$4.2B
Q1 26	$3.4B	$0	$3.4B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 16	1.39B	—	—
Q4 17	1.39B	-0.3%	—
Q1 18	1.39B	+0.6%	—
Q2 19	1.40B	+0.1%	—
Q3 19	1.39B	-0.7%	-0.3%
Q1 20	1.39B	+0.1%	+0.1%
Q2 20	1.39B	+0.1%	-0.4%
Q1 23	1.45B	+4.2%	+3.7%
Q3 24	1.43B	-1.0%	+3.4%
Q1 26	0	-100.0%	-100.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 16	$75.4K	95K
Q4 17	$81.8K	100K
Q1 18	$78.3K	100K
Q2 19	$82.7K	100K
Q3 19	$85.4K	100K
Q1 20	$71.0K	105K
Q2 20	$51.0K	105K
Q1 23	$78.1K	99K
Q3 24	$82.5K	111K
Q1 26	$80.0K	109K

Revenue / Employee