The financials
Schlumberger by the numbers
Schlumberger (SLB) reported revenue of $8.97B in Q2 2026 (quarter ended June 30, 2026), up 5.0% from the same quarter a year earlier. That came with net income of $786M (8.8% of revenue). For the full year FY2025, revenue was $35.7B (−1.6% year on year) and net income $3.37B. Its largest segment in 2026-Q1 was Production Systems at $3.51B, 39% of the disclosed total, just ahead of Well Construction at 31%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $8.97B | $8.55B | +5.0% |
| Net income | $786M | $1.01B | −22% |
| Diluted EPS | $0.52 | $0.74 | −30% |
| Operating | Revenue | Share |
|---|---|---|
| Production Systems | $3.51B | 39% |
| Well Construction | $2.80B | 31% |
| Reservoir Performance | $1.59B | 18% |
| Digital Integration | $640M | 7.1% |
| All Other | $443M | 4.9% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $8.72B (-2.3%)
Production Systems grew +23% year on yearAll Other -21% year on year
Segment Latestquarter on quarteryear on year
- Production Systems$3.51B$3.51BQoQ +0.98%year on year +23%+0.98%+23%
- Well Construction$2.80B$2.80BQoQ -5.7%year on year -6.0%-5.7%-6.0%
- Reservoir Performance$1.59B$1.59BQoQ -5.2%year on year -6.2%-5.2%-6.2%
- Digital Integration$640.0M$640.0MQoQ -2.7%year on year +9.0%-2.7%+9.0%
- All Other$443.0M$443.0MQoQ +12%year on year -21%+12%-21%
- Eliminations Other−$261.0M−$261.0MQoQ -year on year ---
Oil & Gas Equipment & Services
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