SLB Q2 2023 Earnings — SLB N.V. Revenue & Financial Results | Market Cap Arena

SLBSLB N.V.

$72B

Q2 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$8.1B+19.6% YoY

Gross Profit

$1.6B19.7% margin

Operating Income

$1.3B16.5% margin

Net Income

$1.0B12.8% margin

EPS (Diluted)

$0.72

QoQ Revenue Growth

+4.7%

Cash Flow

Operating Cash Flow

$1.6B

Free Cash Flow

$1.1B

Stock-Based Comp.

$79M

Balance Sheet

Total Assets

$44.8B

Total Liabilities

$25.9B

Stockholders' Equity

$18.6B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.1B	$6.8B	+19.6%
Gross Profit	$1.6B	$1.2B	+32.5%
Operating Income	$1.3B	$965M	+38.7%
Net Income	$1.0B	$959M	+7.7%

Revenue Segments

Well Construction

$3.4B41%

Production Systems

$2.3B28%

Reservoir Characterization

$1.6B20%

Digital Integration

$947M11%

Geographic Segments

Middle East

$2.6B33%

Europe C I S Africa

$2.0B25%

North America

$1.7B22%

Latin America

$1.6B20%

Other Countries

$56M1%