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Schlumberger SLB Digital Integration — Allocation Expense

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Other financials

Income statement

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Revenue$9.0B+5.0%
Operating income$1.6B+18.5%
Net income$786.0M-22.5%
EPS (diluted)$0.52-29.7%

Balance sheet

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Cash & equivalents$2.7B-15.2%
Total debt$11.1B+2.3%
Total equity$26.1B+28.4%
Total assets$55.5B+13.9%

Cash flow

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Operating cash flow$1.4B+19.0%
CapEx$459.0M+23.7%
Free cash flow$900.0M+16.7%

Valuation

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Market cap$73.6B+50.1%
Enterprise value$82B+44.6%
P/E23.7×+11.7×
P/S+0.6×

Profitability

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Gross margin22.6%
Operating margin19.4%+2.6pp
Net margin8.5%-3.0pp
FCF margin13.2%-0.3pp

Returns & leverage

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Return on equity13.4%-6.4pp
Debt / equity0.4×-0.1×
Current ratio1.4×+0.1×

Where this comes from

Reported directly by Schlumberger in its filing.

Tagged under the XBRL concept slb:AllocationExpense.

The source filing: Schlumberger ’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 11:22 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-322595
Line itemDigitalReservoir / PerformanceWell / ConstructionProduction / Systems
Compensation$193$390$579$481
Cost of products, materials, and supplies-2447512,154
Depreciation and amortization48118161152
Allocations92161232137
Other170411602261
$503$1,324$2,325$3,185
(Stated in millions)
Second Quarter 2025

Item 1. Financial Statements.

FAQ

What is Schlumberger 's digital integration — allocation expense?
Schlumberger (SLB) reported digital integration — allocation expense of $92M in Q2 2026.
How has Schlumberger 's digital integration — allocation expense changed year-over-year?
Schlumberger 's digital integration — allocation expense decreased by 12.4% year-over-year, from $105M to $92M.
What is the long-term trend for Schlumberger 's digital integration — allocation expense?
Over 3 years (2022 to 2025), Schlumberger 's digital integration — allocation expense has grown at a -2.9% compound annual growth rate (CAGR), from $406M to $372M.
What does digital integration — allocation expense mean?
This metric captures the indirect corporate costs or shared service expenses allocated to the Digital Integration segment. It reflects the segment's share of centralized overheads, such as administrative, legal, or shared IT support costs.

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