Operating Income

Operating Income

Schlumberger Operating Income decreased by 2.0% to $1.65B in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 18.5%, from $1.39B to $1.65B. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Income
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025

How to read this metric

Growth in operating income suggests that the core business is becoming more profitable and efficient.

Detailed definition

The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...

Peer comparison

This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.

Metric ID: operating_income

Historical Data

11 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q1 '24
Value$807.00M$908.00M$986.00M$894.00M$1.16B$1.40B$1.56B$1.39B$1.58B$1.68B$1.65B
QoQ Change+12.5%+8.6%-9.3%+29.6%+20.8%+11.3%-10.7%+13.7%+6.5%-2.0%
YoY Change+43.6%+54.2%+58.0%+55.6%+36.4%+20.2%+18.5%
Range$807.00M$1.68B
CAGR+33.1%
Avg YoY Growth+40.9%
Median YoY Growth+43.6%

Business Segments

View all
SegmentQ1 '25Q2 '25Q3 '25
Production Systems$475.00M$499.00M$559.00M
Well Construction$589.00M$551.00M$558.00M
Reservoir Performance$282.00M$314.00M$312.00M
Digital Integration$306.00M$327.00M$187.00M
All Other Segments$96.00M
Eliminations Other-$96.00M-$107.00M-$86.00M
Total

Frequently Asked Questions

What is Schlumberger 's operating income?
Schlumberger (SLB) reported operating income of $1.65B in Q1 2024.
How has Schlumberger 's operating income changed year-over-year?
Schlumberger 's operating income increased by 18.5% year-over-year, from $1.39B to $1.65B.
What does operating income mean?
The profit earned from core business activities, before accounting for interest and taxes.