SLB LIMITED/NV is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: SLB reported Q1 2026 revenue of $8.72B (+2.7% YoY), but net income declined 5.6% to $752M as margin pressures and lower operating cash flow of $487M weighed on profitability despite a significant strengthening of stockholders' equity to $26.18B.
Drawn from management commentary in the Q1 2026 10-Q:
SLB grew Q1 2026 revenue to $8.72B, up 2.7% from $8.49B in Q1 2025, demonstrating continued top-line momentum. However, net income fell 5.6% to $752M, suggesting cost pressures or mix shifts are compressing profitability faster than revenue is growing.
Total assets surged 11.3% YoY to $54.53B, while stockholders' equity jumped 34.1% to $26.18B from $19.52B, indicating a major equity event such as an acquisition-related issuance or revaluation. Total liabilities declined 3.8% to $27.17B, improving the overall leverage profile.
Operating cash flow fell 26.2% YoY to $487M from $660M, a notable decline that may reflect working capital build-up or timing of collections in the quarter. This is a key metric to monitor as it affects the company's ability to fund dividends and capital expenditures organically.
Revenue
$8.72B
++2.72% YoY
EPS (Basic)
$0.50
-13.79% YoY
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