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.
An increase relative to revenue indicates declining operational efficiency, while a decrease suggests improved cost management or economies of scale.
This metric aggregates all operating costs incurred by the Production Systems segment, including labor, materials, overh...
Comparable to total segment operating expenses reported by peers in the energy and industrial sectors.
slb_segment_production_systems_operating_expenses| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |