Investing
CapEx
Schlumberger CapEx decreased by 33.5% to $343.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 13.8%, from $398.00M to $343.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows an upward trend with a 10.4% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
cf_capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $243.00M | $273.00M | $447.00M | $304.00M | $360.00M | $382.00M | $572.00M | $410.00M | $471.00M | $464.00M | $594.00M | $399.00M | $463.00M | $460.00M | $609.00M | $398.00M | $371.00M | $409.00M | $516.00M | $343.00M |
| QoQ Change | — | +12.3% | +63.7% | -32.0% | +18.4% | +6.1% | +49.7% | -28.3% | +14.9% | -1.5% | +28.0% | -32.8% | +16.0% | -0.6% | +32.4% | -34.6% | -6.8% | +10.2% | +26.2% | -33.5% |
| YoY Change | — | — | — | — | +48.1% | +39.9% | +28.0% | +34.9% | +30.8% | +21.5% | +3.8% | -2.7% | -1.7% | -0.9% | +2.5% | -0.3% | -19.9% | -11.1% | -15.3% | -13.8% |
Range$243.00M – $609.00M
CAGR+7.5%
Avg YoY Growth+9.0%
Median YoY Growth+1.1%
CapEx at Other Companies
Frequently Asked Questions
- What is Schlumberger 's capex?
- Schlumberger (SLB) reported capex of $343.00M in Q1 2026.
- How has Schlumberger 's capex changed year-over-year?
- Schlumberger 's capex decreased by 13.8% year-over-year, from $398.00M to $343.00M.
- What is the long-term trend for Schlumberger 's capex?
- Over 4 years (2021 to 2025), Schlumberger 's capex has grown at a 10.4% compound annual growth rate (CAGR), from $1.14B to $1.69B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.