SLB Q1 2022 Earnings — SLB N.V. Revenue & Financial Results | Market Cap Arena

SLBSLB N.V.

$72B

Q1 2022 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$6.0B+14.1% YoY

Gross Profit

$949M15.9% margin

Operating Income

$711M11.9% margin

Net Income

$510M8.6% margin

EPS (Diluted)

$0.36

QoQ Revenue Growth

-4.2%

Cash Flow

Operating Cash Flow

$131M

Free Cash Flow

-$213M

Stock-Based Comp.

$89M

Balance Sheet

Total Assets

$42.0B

Total Liabilities

$26.3B

Stockholders' Equity

$15.3B

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.0B	$5.2B	+14.1%
Gross Profit	$949M	$719M	+32.0%
Operating Income	$711M	$503M	+41.4%
Net Income	$510M	$299M	+70.6%

Revenue Segments

Well Construction

$2.4B40%

Production Systems

$1.6B26%

Reservoir Characterization

$1.2B20%

Digital Integration

$857M14%

Geographic Segments

Middle East

$2.0B34%

Europe C I S Africa

$1.4B24%

North America

$1.3B22%

Latin America

$1.2B20%