SLB N.V. (SLB) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 8.72B | 9.74B | 8.93B | 8.55B | 8.49B | 9.28B | 9.16B | 9.14B | 8.71B | 8.99B | 8.31B | 8.1B | 7.74B | 7.88B | 7.48B | 6.77B | 5.96B | 6.22B | 5.85B | 5.63B |
| Revenue Growth % | 2.72% | 4.97% | -2.52% | -6.49% | -2.53% | 3.27% | 10.22% | 12.84% | 12.59% | 14.1% | 11.14% | 19.58% | 29.76% | 26.57% | 27.88% | 20.22% | 14.15% | 12.53% | 11.2% | 5.19% |
| Cost of Goods Sold | 7.39B | 8.02B | 7.37B | 6.93B | 6.88B | 7.32B | 7.24B | 7.23B | 7.01B | 7.19B | 6.59B | 6.5B | 6.29B | 6.31B | 6.04B | 5.57B | 5.01B | 5.14B | 4.86B | 4.77B |
| COGS % of Revenue | 84.74% | 82.27% | 82.55% | 81.14% | 81.08% | 78.88% | 79.02% | 79.11% | 80.45% | 80.02% | 79.33% | 80.28% | 81.24% | 80.06% | 80.81% | 82.21% | 84.08% | 82.51% | 83.15% | 84.63% |
| Gross Profit | 1.33B | 1.73B | 1.56B | 1.61B | 1.61B | 1.96B | 1.92B | 1.88B | 1.7B | 1.8B | 1.72B | 1.6B | 1.45B | 1.57B | 1.44B | 1.21B | 949M | 1.09B | 985M | 866M |
| Gross Margin % | 15.26% | 17.73% | 17.45% | 18.86% | 18.92% | 21.12% | 20.98% | 20.54% | 19.52% | 19.98% | 20.67% | 19.72% | 18.76% | 19.94% | 19.19% | 17.79% | 15.92% | 17.49% | 16.85% | 15.37% |
| Gross Profit Growth % | -17.12% | -11.88% | -18.94% | -14.12% | -5.53% | 9.19% | 11.87% | 17.53% | 17.16% | 14.32% | 19.72% | 32.53% | 52.9% | 44.26% | 45.69% | 39.15% | 31.99% | 54.69% | 55.36% | 100.93% |
| Operating Expenses | 261M | 271M | 242M | 267M | 268M | 272M | 277M | 282M | 303M | 283M | 267M | 259M | 265M | 277M | 254M | 240M | 238M | 254M | 220M | 204M |
| OpEx % of Revenue | 2.99% | 2.78% | 2.71% | 3.12% | 3.16% | 2.93% | 3.02% | 3.09% | 3.48% | 3.15% | 3.21% | 3.2% | 3.43% | 3.52% | 3.4% | 3.54% | 3.99% | 4.08% | 3.76% | 3.62% |
| Selling, General & Admin | 97M | 84M | 72M | 87M | 96M | 80M | 90M | 94M | 121M | 96M | 81M | 96M | 91M | 99M | 94M | 86M | 97M | 109M | 80M | 70M |
| SG&A % of Revenue | 1.11% | 0.86% | 0.81% | 1.02% | 1.13% | 0.86% | 0.98% | 1.03% | 1.39% | 1.07% | 0.97% | 1.19% | 1.18% | 1.26% | 1.26% | 1.27% | 1.63% | 1.75% | 1.37% | 1.24% |
| Research & Development | 164M | 187M | 170M | 180M | 172M | 192M | 187M | 188M | 182M | 187M | 186M | 163M | 174M | 178M | 160M | 154M | 141M | 145M | 140M | 134M |
| R&D % of Revenue | 1.88% | 1.92% | 1.9% | 2.11% | 2.03% | 2.07% | 2.04% | 2.06% | 2.09% | 2.08% | 2.24% | 2.01% | 2.25% | 2.26% | 2.14% | 2.27% | 2.37% | 2.33% | 2.39% | 2.38% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1.07B | 1.46B | 1.32B | 1.34B | 1.34B | 1.69B | 1.65B | 1.59B | 1.4B | 1.51B | 1.45B | 1.34B | 1.19B | 1.29B | 1.18B | 965M | 711M | 836M | 765M | 662M |
| Operating Margin % | 12.27% | 14.95% | 14.74% | 15.74% | 15.76% | 18.19% | 17.96% | 17.45% | 16.04% | 16.83% | 17.46% | 16.52% | 15.33% | 16.42% | 15.8% | 14.25% | 11.93% | 13.43% | 13.08% | 11.75% |
| Operating Income Growth % | -20.03% | -13.74% | -20% | -15.67% | -4.22% | 11.63% | 13.37% | 19.21% | 17.79% | 16.92% | 22.86% | 38.65% | 66.81% | 54.78% | 54.38% | 45.77% | 41.35% | 65.87% | 85.68% | 218.27% |
| EBITDA | 1.75B | 2.19B | 1.95B | 1.98B | 1.98B | 1.7B | 2.29B | 2.23B | 2B | 1.57B | 2.03B | 1.9B | 1.75B | 1.36B | 1.71B | 1.5B | 1.24B | 1.37B | 1.29B | 1.19B |
| EBITDA Margin % | 20.12% | 22.46% | 21.89% | 23.15% | 23.3% | 18.34% | 24.95% | 24.36% | 22.93% | 17.45% | 24.43% | 23.45% | 22.61% | 17.32% | 22.92% | 22.1% | 20.87% | 21.98% | 22.15% | 21.09% |
| EBITDA Growth % | -11.27% | 28.54% | -14.49% | -11.14% | -0.95% | 8.54% | 12.56% | 17.22% | 14.18% | 14.95% | 18.44% | 26.85% | 40.59% | -0.22% | 32.36% | 26.01% | 20.19% | 46.78% | 29.63% | 46.31% |
| D&A (Non-Cash Add-back) | 685M | 732M | 638M | 633M | 640M | 14M | 640M | 631M | 600M | 56M | 579M | 561M | 563M | 71M | 533M | 532M | 533M | 532M | 530M | 526M |
| EBIT | 1.07B | 1.07B | 1.14B | 1.43B | 1.21B | 1.52B | 1.64B | 1.55B | 1.47B | 1.56B | 1.52B | 1.42B | 1.28B | 1.47B | 1.26B | 1.28B | 761M | 893M | 821M | 678M |
| Net Interest Income | -73M | -53M | -64M | -112M | -111M | -86M | -84M | -94M | -75M | -89M | -56M | -45M | -100M | -88M | -47M | 187M | -109M | -122M | -74M | -120M |
| Interest Income | 43M | 73M | 78M | 30M | 36M | 45M | 52M | 38M | 38M | 41M | 73M | 82M | 17M | 33M | 75M | 311M | 14M | 15M | 56M | 16M |
| Interest Expense | 116M | 126M | 142M | 142M | 147M | 131M | 136M | 132M | 113M | 130M | 129M | 127M | 117M | 121M | 122M | 124M | 123M | 137M | 130M | 136M |
| Other Income/Expense | -114M | -514M | -316M | -60M | -275M | -302M | -138M | -174M | -40M | -80M | -56M | -45M | -25M | 53M | -47M | 187M | -73M | -80M | -74M | -120M |
| Pretax Income | 956M | 943M | 1B | 1.28B | 1.06B | 1.39B | 1.51B | 1.42B | 1.36B | 1.43B | 1.4B | 1.29B | 1.16B | 1.35B | 1.13B | 1.15B | 638M | 756M | 691M | 542M |
| Pretax Margin % | 10.96% | 9.68% | 11.2% | 15.04% | 12.52% | 14.94% | 16.45% | 15.55% | 15.58% | 15.94% | 16.79% | 15.96% | 15.01% | 17.1% | 15.17% | 17.01% | 10.7% | 12.14% | 11.82% | 9.62% |
| Income Tax | 195M | 119M | 226M | 237M | 234M | 269M | 289M | 276M | 259M | 285M | 259M | 246M | 217M | 264M | 215M | 182M | 118M | 145M | 129M | 99M |
| Effective Tax Rate % | 20.4% | 12.62% | 22.6% | 18.44% | 22.01% | 19.39% | 19.18% | 19.42% | 19.09% | 19.89% | 18.57% | 19.03% | 18.69% | 19.6% | 18.96% | 15.8% | 18.5% | 19.18% | 18.67% | 18.27% |
| Net Income | 752M | 800M | 739M | 1.01B | 797M | 1.09B | 1.19B | 1.11B | 1.07B | 1.11B | 1.12B | 1.03B | 934M | 1.06B | 907M | 959M | 510M | 601M | 550M | 431M |
| Net Margin % | 8.62% | 8.21% | 8.28% | 11.87% | 9.39% | 11.79% | 12.95% | 12.17% | 12.26% | 12.37% | 13.51% | 12.75% | 12.07% | 13.5% | 12.13% | 14.16% | 8.55% | 9.65% | 9.41% | 7.65% |
| Net Income Growth % | -5.65% | -26.94% | -37.69% | -8.81% | -25.37% | -1.53% | 5.61% | 7.65% | 14.35% | 4.51% | 23.81% | 7.72% | 83.14% | 77.04% | 64.91% | 122.51% | 70.57% | 60.7% | 770.73% | 112.55% |
| Net Income (Continuing) | 761M | 824M | 774M | 1.05B | 829M | 1.12B | 1.22B | 1.15B | 1.1B | 1.15B | 1.14B | 1.05B | 944M | 1.08B | 919M | 970M | 520M | 611M | 562M | 443M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1.18B | 1.18B | 1.29B | 1.25B | 1.23B | 1.22B | 1.22B | 1.21B | 1.19B | 1.17B | 321M | 326M | 312M | 304M | 312M | 300M | 292M | 282M | 303M | 297M |
| EPS (Diluted) | 0.50 | 0.53 | 0.50 | 0.74 | 0.58 | 0.77 | 0.83 | 0.77 | 0.74 | 0.77 | 0.78 | 0.72 | 0.65 | 0.74 | 0.63 | 0.67 | 0.36 | 0.42 | 0.39 | 0.30 |
| EPS Growth % | -13.79% | -31.17% | -39.76% | -3.9% | -21.62% | 0% | 6.41% | 6.94% | 13.85% | 4.05% | 23.81% | 7.46% | 80.56% | 76.19% | 61.54% | 123.33% | 71.43% | 55.56% | 761.02% | 112.15% |
| EPS (Basic) | 0.50 | 0.55 | 0.50 | 0.75 | 0.58 | 0.77 | 0.84 | 0.78 | 0.75 | 0.78 | 0.79 | 0.73 | 0.65 | 0.75 | 0.64 | 0.68 | 0.36 | 0.43 | 0.39 | 0.31 |
| Diluted Shares Outstanding | 1.51B | 1.49B | 1.49B | 1.37B | 1.38B | 1.44B | 1.43B | 1.44B | 1.45B | 1.45B | 1.44B | 1.44B | 1.45B | 1.44B | 1.44B | 1.44B | 1.43B | 1.43B | 1.42B | 1.42B |
| Basic Shares Outstanding | 1.5B | 1.47B | 1.47B | 1.35B | 1.37B | 1.42B | 1.42B | 1.43B | 1.43B | 1.43B | 1.42B | 1.42B | 1.43B | 1.42B | 1.42B | 1.41B | 1.41B | 1.4B | 1.4B | 1.4B |
| Dividend Payout Ratio | 56.65% | 53.25% | 54.53% | 38.17% | 48.43% | 35.53% | 33.14% | 35.43% | 33.43% | 32.01% | 31.7% | 34.46% | 26.66% | 23.31% | 27.34% | 18.46% | 34.31% | 29.12% | 31.82% | 40.6% |