What is Schlumberger 's production systems — goodwill?

Schlumberger (SLB) reported production systems — goodwill of $3.84B in Q2 2026.

What does production systems — goodwill mean?

This represents the cumulative value of goodwill recorded on the balance sheet specifically attributed to the Production Systems business segment. It reflects the premium paid over the fair value of net identifiable assets during past acquisitions integrated into this segment. This metric is essential for assessing the historical M&A activity and potential impairment risks associated with the segment's growth strategy.

Schlumberger (SLB) Production Systems — Goodwill

Screener

Other segment segments

Well Construction

$6.59B—

Reservoir Performance

$4.14B—

Digital Integration

$2.11B—

Similar metrics at other companies

NVTSystems Protection — Goodwill

$1.2B+50.7%

FORMSystems — Goodwill

$38.04M+70.4%

GTNProduction Companies — Goodwill

$28M0.0%

FLOCProduction Solutions — Goodwill

$238.92M+30.3%

TGE

TGENEnergy Production — Goodwill

$1.09M-49.2%

CLB

CLBProduction Enhancement — Goodwill

$0—

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$1.4B+19.0%

CapEx$459.0M+23.7%

Free cash flow$900.0M+16.7%

Valuation

See full

Market cap$73.6B+50.1%

Enterprise value$82B+44.6%

P/E23.7×+11.7×

P/S2×+0.6×

Profitability

See full

Gross margin22.6%—

Operating margin19.4%+2.6pp

Net margin8.5%-3.0pp

FCF margin13.2%-0.3pp

Returns & leverage

See full

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 us-gaap:Goodwill.

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 item	Digital	Reservoir / Performance	Well / Construction	Production / Systems	All Other	Total
Balance at December 31, 2025	$2,060	$4,111	$6,598	$3,699	$326	$16,794
Acquisitions	45	24	-	143	-	212
Other	-	-	(13)	-	8	(5)
Balance at June 30, 2026	$2,105	$4,135	$6,585	$3,842	$334	$17,001

Item 1. Financial Statements.

FAQ

What is Schlumberger 's production systems — goodwill?: Schlumberger (SLB) reported production systems — goodwill of $3.84B in Q2 2026.
What does production systems — goodwill mean?: This represents the cumulative value of goodwill recorded on the balance sheet specifically attributed to the Production Systems business segment. It reflects the premium paid over the fair value of net identifiable assets during past acquisitions integrated into this segment. This metric is essential for assessing the historical M&A activity and potential impairment risks associated with the segment's growth strategy.