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Schlumberger SLB Product — Cost of Goods Sold

Other product segments

Service
$4.05B-4.9%

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Other financials

Income statement

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Revenue$8.7B+2.7%
Operating income$1.6B+18.5%
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

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Market cap$71.9B+35.7%
Enterprise value$78.75B+30.4%
P/E21.6×+9.0×
P/S+0.5×

Profitability

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Gross margin22.6%
Operating margin19.4%+2.6pp
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×

Where this comes from

Reported directly by Schlumberger in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The official record: Schlumberger ’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Schlumberger 's product — cost of goods sold?
Schlumberger (SLB) reported product — cost of goods sold of $3.34B in Q1 2026.
How has Schlumberger 's product — cost of goods sold changed year-over-year?
Schlumberger 's product — cost of goods sold increased by 27.1% year-over-year, from $2.63B to $3.34B.
What is the long-term trend for Schlumberger 's product — cost of goods sold?
Over 4 years (2021 to 2025), Schlumberger 's product — cost of goods sold has grown at a 19.3% compound annual growth rate (CAGR), from $6.14B to $12.44B.
What does product — cost of goods sold mean?
The direct costs incurred to manufacture and deliver the products sold to customers.
How do you interpret product — cost of goods sold?
An increase relative to revenue suggests margin compression due to rising input costs or operational inefficiencies, while a decrease may signal improved cost management or economies of scale.
How does product — cost of goods sold compare across companies?
Comparable to 'Cost of Goods Sold' (COGS) or 'Direct Product Costs' reported by industrial and energy technology competitors.