SLB

Latest Results (19.10.2025):

SLB reported its Third Quarter of 2025 with total revenue reaching $8.93 billion, reflecting a 4% sequential increase but a 3% decline compared to the same period last year. Despite revenue growth in North America, the company faced declines in net income and earnings per share. SLB also announced a quarterly cash dividend of $0.285 per share.

Revenue Performance

SLB achieved total revenue of $8.93 billion in Q3 2025, marking a 4% increase from the previous quarter. However, this represents a 3% decrease year-over-year, driven by challenges in international markets offset by substantial growth in North America.

Net Income and Earnings Decline

Net income attributable to SLB was $739 million, down 27% sequentially and 38% compared to Q3 2024. GAAP earnings per share fell to $0.50, a decrease of 32% from the previous quarter and 40% annually. Excluding charges and credits, EPS was $0.69, down 7% sequentially and 22% year-over-year.

North America Revenue Growth

North American revenue surged to $1.93 billion, a 17% increase from the previous quarter and a 14% rise year-over-year. This strong performance highlights the region's resilience and SLB's effective market strategies in North America.

Adjusted EBITDA and Operating Margins

Adjusted EBITDA remained steady at $2.06 billion sequentially but declined by 12% compared to the same quarter last year. The adjusted EBITDA margin decreased to 23.1%, reflecting margin pressures in a challenging economic environment.

Cash Flow and Dividend Announcement

SLB generated $1.68 billion in cash flow from operations and $1.10 billion in free cash flow during Q3 2025. The company’s Board of Directors approved a quarterly cash dividend of $0.285 per share, payable on January 8, 2026.

Geographical Revenue Breakdown

International revenue totaled $6.916 billion, up 1% sequentially but down 7% year-over-year. In contrast, North America saw significant growth, contributing $1.93 billion to total revenue. Other regions combined contributed $82 million.