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KPIsSections14
| Revenue — GREEN | $17.69B |
|---|---|
| Gross margin — GREEN | 17.1% |
| Net income — GREEN | $1.54B |
| Net margin — GREEN | 8.7% |
Income Statement
| Metric | Value | Flag |
|---|---|---|
| Revenue | $17.69B | GREEN |
| Revenue (quarter) | $8.97B | GREEN |
| Gross Margin | 17.1% | GREEN |
| Net Margin | 8.7% | GREEN |
| Net Income | $1.54B | GREEN |
| EPS (diluted) | $1.02 | GREEN |
| R&D % Revenue | 1.9% | GREEN |
Balance Sheet
| Metric | Value | Flag |
|---|---|---|
| Cash | $2.74B | GREEN |
| Broad Liquidity | $4.07B | GREEN |
| Current Ratio | 1.44 | GREEN |
| Total Assets | $55.53B | GREEN |
| Total Equity | $26.07B | GREEN |
| Debt/Equity | 0.43 | GREEN |
Cash Flow
| Metric | Value | Flag |
|---|---|---|
| Operating CF | $1.85B | GREEN |
| Cash Conversion (CFO/Rev) | 0.10 | GREEN |
| SBC % Revenue | 1.0% | GREEN |
| Free Cash Flow | $1.04B | GREEN |
Sections in this filing
Financial Statements (unaudited)
Item 1. Financial Statements. SLB LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENT OF INCOME (Unaudited) (Stated in millions, except per share amounts ) Second Quarter Six Months 2026 2025 2026 2025 Revenue Services $ 5,200 $ 5,327 $ 10,119 $ 10,692 Product sales 3,772 3,219 7,574 6,343 Total Revenue 8,972 8,546 17,693 17,035 Interest & other income 76 252 119 330 Expenses Cost of services 4,340 4,227 8,389 8,480 Cost of sales 3,237 2,707 6,578 5,335 Research & engineering 171 180 335 352 General & administrative 84 87 181 184 Restructuring & other - 135 - 293 Merger & integration 69 35 110 84 Interest 128 142 244 289 Income before taxes 1,019 1,285 1,975 2,348 Tax expense 204 237 399 471 Net income 815 1,048 1,576 1,877 Net income attributable to noncontrolling interests 29 34 38 66 Net income attributable to SLB $ 786 $ 1,014 $ 1,538 $ 1,811 Basic income per share of SLB $ 0.53 $ 0.75 $ 1.03 $ 1.33 Diluted income per share of SLB $ 0.52 $ 0.74 $ 1.02 $ 1.32 Average shares outstanding: Basic 1,490 1,352 1,494 1,359 Assuming dilution 1,506 1,366 1,511 1,373 See Notes to Consolidated Financial Statements 3 SLB LIMITED AND SUBSIDIARIES CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (Unaudited) (Stated in millions) Second Quarter Six Months 2026 2025 2026 2025 Net income $ 815 $ 1,048 $ 1,576 $ 1,877 Currency translation adjustments Unrealized net change arising during the period 27 54 33 226 Cash flow hedges Net gain (loss) on cash flow hedges 50 26 36 ( 39 ) Reclassification to net income of net realized loss (gain) 5 ( 5 ) 7 - Pension and other postretirement benefit plans Amortization to net income of net actuarial loss 14 8 25 16 Amortization to net income of net prior service credit 3 ( 3 ) - ( 6 ) Income taxes on pension and other postretirement benefit plans ( 2 ) ( 1 ) ( 3 ) ( 1 ) Other - 2 ( 5 ) 11 Comprehensive income 912 1,129 1,669 2,084 Comprehensive income attributable to noncontrolling interests 29 34 38 66 Comprehensive income attributable to SLB $ 883 $ 1,095 $ 1,631 $ 2,018 See Notes to Consolidated Financial Statements 4 SLB LIMITED AND SUBSIDIARIES CONSOLIDATED BALANCE SHEET (Stated in millions) Jun. 30, 2026 Dec. 31, (Unaudited) 2025 ASSETS Current Assets Cash $ 2,743 $ 3,036 Short-term investments 1,328 1,176 Receivables less allowance for doubtful accounts (2026 - $ 322 ; 2025 - $ 335 ) 9,132 8,689 Inventories 5,436 5,032 Other current as