SLB Q1 FY26 diluted EPS drops 14% to $0.50; revenue rises 3% to $8.72 billion

SLB Limited

SLB Limited

SLB

0.00
  • SLB posted first-quarter 2026 net income attributable to shareholders of USD 752 million, down 6% year on year.
  • Revenue rose 3% to USD 8.72 billion.
  • Adjusted EBITDA dropped 12% to USD 1.77 billion.
  • Free cash flow swung to negative USD 23 million; cash flow from operations fell to USD 487 million.
  • CEO Olivier Le Peuch said Middle East conflict-related disruptions hit results, with demobilizations in several countries.
  • ChampionX, acquired in third-quarter 2025, contributed USD 838 million of revenue; Production Systems revenue climbed 23% on production chemicals and artificial lift.
  • SLB reiterated plan to return more than USD 4 billion to shareholders in 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schlumberger Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260422463846) on April 24, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.