SLB Q1 2023 Earnings — SLB N.V. Revenue & Financial Results | Market Cap Arena

SLBSLB N.V.

$72B

Q1 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$7.7B+29.8% YoY

Gross Profit

$1.5B18.8% margin

Operating Income

$1.2B15.3% margin

Net Income

$934M12.1% margin

EPS (Diluted)

$0.65

QoQ Revenue Growth

-1.8%

Cash Flow

Operating Cash Flow

$330M

Free Cash Flow

-$132M

Stock-Based Comp.

$81M

Balance Sheet

Total Assets

$43.9B

Total Liabilities

$25.5B

Stockholders' Equity

$18.1B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.7B	$6.0B	+29.8%
Gross Profit	$1.5B	$949M	+52.9%
Operating Income	$1.2B	$711M	+66.8%
Net Income	$934M	$510M	+83.1%

Revenue Segments

Well Construction

$3.3B41%

Production Systems

$2.2B28%

Reservoir Characterization

$1.5B19%

Digital Integration

$894M11%

Geographic Segments

Middle East

$2.4B31%

Europe C I S Africa

$2.0B26%

North America

$1.7B22%

Latin America

$1.6B21%

Other Countries

$53M1%