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Schlumberger SLB Well Construction — Other Expenses

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$411M-2.4%
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$261M+37.4%
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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:OtherExpenses.

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
Cost of products, materials, and supplies-2447512,154
Depreciation and amortization48118161152
Allocations92161232137
Other170411602261
$503$1,324$2,325$3,185
(Stated in millions)
Second Quarter 2025
ReservoirWellProduction

Item 1. Financial Statements.

FAQ

What is Schlumberger 's well construction — other expenses?
Schlumberger (SLB) reported well construction — other expenses of $602M in Q2 2026.
How has Schlumberger 's well construction — other expenses changed year-over-year?
Schlumberger 's well construction — other expenses increased by 1.5% year-over-year, from $593M to $602M.
What is the long-term trend for Schlumberger 's well construction — other expenses?
Over 3 years (2022 to 2025), Schlumberger 's well construction — other expenses has grown at a 1.3% compound annual growth rate (CAGR), from $2.32B to $2.42B.
What does well construction — other expenses mean?
This metric captures miscellaneous operating expenses within the Well Construction segment that do not fall into standard categories like depreciation or material costs. It may include specific project-related costs, legal settlements, or other non-recurring operational charges. Tracking this helps identify unexpected or non-core operational drains.

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