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Schlumberger SLB Q1 2026 earnings

Reported April 24, 2026 · Before market open

Revenue$8.7BBeat by $92.9M
EPS$0.52Beat by $0.01
Revenue estimate$8.6B
EPS estimate$0.51

Next report

Oct 23, 2026 (In 2 weeks)
Revenue estimate$9.3B
EPS estimate$0.62

Financials

Q1 2026

Income statement

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Revenue$8.7B+2.7%
Net income$752.0M-5.6%
EPS (diluted)$0.50-13.8%

Balance sheet

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Cash & equivalents$2.8B-4.0%
Total debt$9.7B-8.1%
Total equity$26.2B+34.1%
Total assets$54.5B+11.3%

Cash flow

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Operating cash flow$487.0M-26.2%
CapEx$343.0M-13.8%
Free cash flow$144.0M-45.0%

Valuation & ratios

Valuation

as of 03/31/26
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Market cap$77.14B+35.7%
Enterprise value$83.99B+30.4%
P/E23.2×+9.6×
P/S2.1×+0.6×

Profitability

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Net margin9.3%-2.4pp
FCF margin13%-0.9pp

Returns & leverage

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Return on equity14.6%-6.2pp
Debt / equity0.4×-0.2×
Current ratio1.3×+0.1×

Segments

By segment

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Production Systems$3.5B+19.4%
Well Construction$2.8B-6.0%
Reservoir Performance$1.6B-6.2%
Digital Integration$640.0M-36.4%
All Other Segments$443.0M-21.2%

By geography

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Middle East$2.7B-10.3%
Europe Africa$2.3B+0.9%
North America$2.2B+26.1%
Latin America$1.5B+2.2%
Other Countries$83.0M+88.6%

By product

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Service$4.9B-8.3%

FAQ

When did Schlumberger report Q1 2026 earnings?
Schlumberger (SLB) reported Q1 2026 earnings on April 24, 2026 before market open.
What were Schlumberger's Q1 2026 revenue and EPS?
Schlumberger reported revenue of $8.7B and eps of $0.52 for Q1 2026.
Did Schlumberger beat estimates in Q1 2026?
Revenue beat the consensus estimate of $8.6B by $92.9M. EPS beat the consensus estimate of $0.51 by $0.01.
How did Schlumberger's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 2.7% from $8.5B a year earlier and eps declined 27.8% from $0.72.
Where can I find Schlumberger's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-174940) and the 10-Q periodic report (0001193125-26-190101) directly on SEC EDGAR. The filing index links above go to sec.gov.