Friday 6 November 2026 Export SLB’s income statement to Excel — free account

SLB Limited

SLB Energy Oil & Gas Equipment & Services

SLB Limited’s revenue for fiscal 2025 (year ended December 2025) was $35.7 billion, down 1.60% from fiscal 2024.

Revenue: +5.84%
EPS: 0.00%
Free cash flow: −20.7%
Total debt: +2.80%

Quarter to September 2026, against a year earlier

49.94 1.62 −3.14%

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Market cap: $73.3B
P/E: 24.0×
Fwd P/E: 23.3×
Dividend yield: 2.34%
F-score: 5/9
Altman Z: 2.69
Beneish M: −2.52
Dividend safety: 73/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

SLB Limited (SLB) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by products and services, and margins
Services	21,200	59.37%
Product	14,508	40.63%
Gross margin		18.22%
Operating margin		13.16%
Pre-tax margin		12.02%

Revenue by product or service $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Services	21,200 59.37%	23,297 64.20%	22,439 67.72%	19,552 69.60%	15,602 68.04%	16,533 70.05%	24,358 74.00%	24,296 74.04%	21,927 72.03%	20,259 72.85%
Product	14,508 40.63%	12,992 35.80%	10,696 32.28%	8,539 30.40%	7,327 31.96%	7,068 29.95%	8,559 26.00%	8,519 25.96%	8,513 27.97%	7,551 27.15%
Revenue	35,708	36,289	33,135	28,091	22,929	23,601	32,917	32,815	30,440	27,810

Gross profit by product or service $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Services	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Product	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Production Systems	13,325 37.32%	11,935 32.89%	9,831 29.67%	7,862 27.99%	6,710 29.26%	6,650 28.18%	8,167 24.81%	8,168 24.89%	—	—	—	—	—	—	—	—	—
Well Construction	11,856 33.20%	13,357 36.81%	13,478 40.68%	11,397 40.57%	8,706 37.97%	8,614 36.50%	11,880 36.09%	11,310 34.47%	—	—	—	—	—	—	—	—	—
Reservoir Performance	6,820 19.10%	7,177 19.78%	6,561 19.80%	5,553 19.77%	4,599 20.06%	5,602 23.74%	9,299 28.25%	10,050 30.63%	—	—	—	—	—	—	—	—	—
Digital Integration	2,660 7.45%	2,439 6.72%	2,034 6.14%	3,725 13.26%	3,290 14.35%	3,067 13.00%	4,145 12.59%	3,820 11.64%	—	—	—	—	—	—	—	—	—
All Other	1,987 5.56%	2,117 5.83%	1,844 5.57%	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Eliminations & Other	(940) (2.63%)	(736) (2.03%)	(613) (1.85%)	(446) (1.59%)	(376) (1.64%)	(332) (1.41%)	(574) (1.74%)	(533) (1.62%)	—	—	—	—	—	—	—	—	—
Production	—	—	—	—	—	—	—	—	10,630 34.92%	8,792 31.61%	12,548 35.37%	17,329 35.67%	15,646 34.56%	14,802 35.47%	13,030 35.62%	—	—
Drilling	—	—	—	—	—	—	—	—	8,392 27.57%	8,561 30.78%	13,563 38.23%	18,128 37.32%	16,792 37.10%	15,691 37.60%	13,775 37.66%	—	—
Reservoir Characterization	—	—	—	—	—	—	—	—	6,476 21.27%	6,660 23.95%	9,501 26.78%	13,339 27.46%	13,050 28.83%	11,360 27.22%	9,740 26.63%	—	—
Cameron	—	—	—	—	—	—	—	—	5,524 18.15%	4,211 15.14%	—	—	—	—	—	—	—
Oilfield Services	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	26,673 100.00%	22,702 100.00%
Distribution	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	774 2.90%	—
Eliminations	—	—	—	—	—	—	—	—	(582) (1.91%)	(414) (1.49%)	—	—	—	—	—	(775) (2.91%)	—
Revenue	35,708	36,289	33,135	28,091	22,929	23,601	32,917	32,815	30,440	27,810	35,475	48,580	45,266	41,731	36,579	26,672	22,702

Gross profit by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009
Oilfield Services	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Distribution	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Gross profit	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Revenue by region $m

Line	FY2011
North America	12,378 33.84%
Europe & Africa	9,676 26.45%
Middle East & Asia	7,722 21.11%
Latin America	6,467 17.68%
Other, not broken out	336 0.92%
Revenue	36,579

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Annual recurring revenue (ARR)	Q3 FY2026	$1.0B	$926.0M	+12.31%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025
Annual recurring revenue (ARR)	‡	‡	‡	‡	‡
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As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.