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Schlumberger SLB Reservoir Performance — Operating Expenses

Other segment segments

Production Systems
$3.19B+25.5%
Well Construction
$2.33B-3.6%
Digital Integration
$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 reservoir performance — operating expenses?
Schlumberger (SLB) reported reservoir performance — operating expenses of $1.32B in Q2 2026.
How has Schlumberger 's reservoir performance — operating expenses changed year-over-year?
Schlumberger 's reservoir performance — operating expenses decreased by 3.8% year-over-year, from $1.38B to $1.32B.
What is the long-term trend for Schlumberger 's reservoir performance — operating expenses?
Over 3 years (2022 to 2025), Schlumberger 's reservoir performance — operating expenses has grown at a 6.0% compound annual growth rate (CAGR), from $4.67B to $5.57B.
What does reservoir performance — operating expenses mean?
This represents the total operating costs incurred by the Reservoir Performance segment to conduct its daily business activities. It encompasses all direct and indirect costs, including labor, materials, and allocated overhead, excluding interest and taxes. This is the primary metric for evaluating the segment's overall cost management and operational discipline.

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