Schlumberger Well Construction — Allocation Expense increased by 2.2% to $229.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 8.4%, from $250.00M to $229.00M. Over 3 years (FY 2022 to FY 2025), Well Construction — Allocation Expense shows an upward trend with a 4.5% CAGR.
Changes reflect shifts in corporate cost structure or the segment's relative size within the company.
This represents corporate-level expenses or overhead costs that are distributed to the Well Construction segment. These...
Common in large, multi-segment corporations with centralized support functions.
slb_segment_well_construction_allocation_expense| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $207.00M | $207.00M | $207.00M | $207.00M | $235.75M | $235.75M | $235.75M | $235.75M | $251.00M | $252.00M | $254.00M | $254.00M | $250.00M | $240.00M | $230.00M | $224.00M | $229.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +13.9% | +0.0% | +0.0% | +0.0% | +6.5% | +0.4% | +0.8% | +0.0% | -1.6% | -4.0% | -4.2% | -2.6% | +2.2% |
| YoY Change | — | — | — | — | +13.9% | +13.9% | +13.9% | +13.9% | +6.5% | +6.9% | +7.7% | +7.7% | -0.4% | -4.8% | -9.4% | -11.8% | -8.4% |