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Schlumberger SLB Production Systems — Operating Expenses

Other segment segments

Well Construction
$2.33B-3.6%
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$1.32B-3.8%
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$503M-24.7%

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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 us-gaap:OperatingExpenses.

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
Depreciation and amortization48118161152
Allocations92161232137
Other170411602261
$503$1,324$2,325$3,185
(Stated in millions)
Second Quarter 2025
ReservoirWellProduction
DigitalPerformanceConstructionSystems

Item 1. Financial Statements.

FAQ

What is Schlumberger 's production systems — operating expenses?
Schlumberger (SLB) reported production systems — operating expenses of $3.19B in Q2 2026.
How has Schlumberger 's production systems — operating expenses changed year-over-year?
Schlumberger 's production systems — operating expenses increased by 25.5% year-over-year, from $2.54B to $3.19B.
What is the long-term trend for Schlumberger 's production systems — operating expenses?
Over 3 years (2022 to 2025), Schlumberger 's production systems — operating expenses has grown at a 16.8% compound annual growth rate (CAGR), from $7.11B to $11.33B.
What does production systems — operating expenses mean?
This metric aggregates all operating costs incurred by the Production Systems segment, including labor, materials, overhead, and other segment-specific expenses. It represents the total cost of running the segment's daily operations. It is a fundamental metric for assessing the segment's overall cost structure and operational leverage.

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