Business Segments · Operating Expenses

Production Systems — Operating Expenses

Schlumberger Production Systems — Operating Expenses decreased by 6.7% to $3.01B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 22.2%, from $2.46B to $3.01B. Over 3 years (FY 2022 to FY 2025), Production Systems — Operating Expenses shows an upward trend with a 16.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

An increase relative to revenue indicates declining operational efficiency, while a decrease suggests improved cost management or economies of scale.

Detailed definition

This metric aggregates all operating costs incurred by the Production Systems segment, including labor, materials, overh...

Peer comparison

Comparable to total segment operating expenses reported by peers in the energy and industrial sectors.

Metric ID: slb_segment_production_systems_operating_expenses

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.78B$1.78B$1.78B$1.78B$2.15B$2.15B$2.15B$2.15B$2.42B$2.55B$2.52B$2.76B$2.46B$2.54B$2.92B$3.23B$3.01B
QoQ Change+0.0%+0.0%+0.0%+20.7%+0.0%+0.0%+0.0%+12.6%+5.5%-1.3%+9.4%-10.6%+3.0%+14.9%+10.7%-6.7%
YoY Change+20.7%+20.7%+20.7%+20.7%+12.6%+18.9%+17.4%+28.4%+1.9%-0.6%+15.7%+17.1%+22.2%
Range$1.78B$3.23B
CAGR+14.1%
Avg YoY Growth+16.6%
Median YoY Growth+18.9%

Frequently Asked Questions

What is Schlumberger 's production systems — operating expenses?
Schlumberger (SLB) reported production systems — operating expenses of $3.01B in Q1 2026.
How has Schlumberger 's production systems — operating expenses changed year-over-year?
Schlumberger 's production systems — operating expenses increased by 22.2% year-over-year, from $2.46B to $3.01B.
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 16.1% compound annual growth rate (CAGR), from $7.11B to $11.14B.
What does production systems — operating expenses mean?
The total operating costs required to run the Production Systems business segment.