SLB Ltd (SLB) financial statements: income statement, balance sheet and cash flow
SLB Ltd's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), SLB Ltd reported revenue of $35.7B (-1.6% year on year) and net income of $3.5B (-24.6% year on year).
Income statement
SLB Ltd income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Total Revenue
$35.7B
$36.3B
$33.1B
$28.1B
Interest & other income
$481.0M
$380.0M
$342.0M
$610.0M
Cost of services and sales
$29.2B
$28.8B
$26.6B
$22.9B
Research & engineering
$709.0M
$749.0M
$711.0M
$634.0M
General & administrative
$340.0M
$385.0M
$364.0M
$376.0M
Restructuring & other
$457.0M
$399.0M
—
—
Impairments
$331.0M
—
—
—
Merger & integration
$302.0M
$123.0M
$45.0M
—
Interest
$558.0M
$512.0M
$503.0M
$490.0M
Income before taxes
$4.3B
$5.7B
$5.3B
$4.3B
Tax expense
$840.0M
$1.1B
$1.0B
$779.0M
Net income
$3.5B
$4.6B
$4.3B
$3.5B
Net income attributable to noncontrolling interests
$77.0M
$118.0M
$72.0M
$51.0M
Net income attributable to SLB
$3.4B
$4.5B
$4.2B
$3.4B
Basic earnings per share of SLB
$2.38
$3.14
$2.95
$2.43
Diluted earnings per share of SLB
$2.35
$3.11
$2.91
$2.39
Basic
1.4B
1.4B
1.4B
1.4B
Assuming dilution
1.4B
1.4B
1.4B
1.4B
SLB Ltd income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Total Revenue
$9.0B
$8.7B
$8.9B
$8.5B
Interest & other income
$76.0M
$43.0M
$78.0M
$252.0M
Cost of services and sales
$7.6B
$7.4B
$7.4B
$6.9B
Research & engineering
$171.0M
$164.0M
$170.0M
$180.0M
General & administrative
$84.0M
$97.0M
$72.0M
$87.0M
Merger & integration
$69.0M
$41.0M
$143.0M
$35.0M
Interest
$128.0M
$116.0M
$142.0M
$142.0M
Income before taxes
$1.0B
$956.0M
$1.0B
$1.3B
Tax expense
$204.0M
$195.0M
$226.0M
$237.0M
Net income
$815.0M
$761.0M
$774.0M
$1.0B
Net income attributable to noncontrolling interests
$29.0M
$9.0M
$35.0M
$34.0M
Net income attributable to SLB
$786.0M
$752.0M
$739.0M
$1.0B
Basic income per share of SLB
$0.53
$0.50
$0.50
$0.75
Diluted income per share of SLB
$0.52
$0.50
$0.50
$0.74
Basic
1.5B
1.5B
1.5B
1.4B
Assuming dilution
1.5B
1.5B
1.5B
1.4B
Balance sheet
SLB Ltd balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash
$3.0B
$3.5B
$2.9B
$1.7B
Short-term investments
$1.2B
$1.1B
$1.1B
$1.2B
Receivables less allowance for doubtful accounts (2025 - $335; 2024 - $325)
$8.7B
$8.0B
$7.8B
$7.0B
Inventories
$5.0B
$4.4B
$4.4B
$4.0B
Other current assets
$1.6B
$1.5B
$1.5B
$1.1B
Current assets total
$19.5B
$18.6B
$17.7B
$15.0B
Investments in Affiliated Companies
$1.8B
$1.6B
$1.6B
$1.6B
Fixed Assets less accumulated depreciation
$7.9B
$7.4B
$7.2B
$6.6B
Goodwill
$16.8B
$14.6B
$14.1B
$13.0B
Intangible Assets
$5.0B
$3.0B
$3.2B
$3.0B
Other Assets
$3.9B
$3.8B
$4.1B
$4.0B
Total Assets
$54.9B
$48.9B
$48.0B
$43.1B
Accounts payable and accrued liabilities
$11.5B
$10.4B
$10.9B
$9.1B
Estimated liability for taxes on income
$894.0M
$982.0M
$994.0M
$1.0B
Short-term borrowings and current portion of long-term debt
$1.9B
$1.1B
$1.1B
$1.6B
Dividends payable
$443.0M
$403.0M
$374.0M
$263.0M
Current Liabilities Total
$14.7B
$12.8B
$13.4B
$12.0B
Long-term Debt
$9.7B
$11.0B
$10.8B
$10.6B
Postretirement Benefits
$479.0M
$512.0M
$175.0M
$165.0M
Deferred Taxes
$644.0M
$67.0M
$140.0M
$61.0M
Other Liabilities
$2.0B
$2.2B
$2.0B
$2.3B
Total Liabilities
$27.6B
$26.6B
$26.6B
$25.1B
Common stock
$16.4B
$11.5B
$11.6B
$11.8B
Treasury stock
($3.6B)
($1.8B)
($678.0M)
($1.0B)
Retained earnings
$18.1B
$16.4B
$13.5B
$10.7B
Accumulated other comprehensive loss
($4.7B)
($5.0B)
($4.3B)
($3.9B)
SLB stockholders' equity
$26.1B
$21.1B
$20.2B
$17.7B
Noncontrolling interests
$1.2B
$1.2B
$1.2B
$304.0M
Total equity
$27.3B
$22.4B
$21.4B
$18.0B
Liabilities and stockholders equity
$54.9B
$48.9B
$48.0B
$43.1B
SLB Ltd balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash
$2.7B
$2.8B
$3.0B
$3.2B
Short-term investments
$1.3B
$568.0M
$571.0M
$511.0M
Receivables less allowance for doubtful accounts (2026 - $322; 2025 - $335)
$9.1B
$9.0B
$9.1B
$8.6B
Inventories
$5.4B
$5.3B
$5.3B
$4.7B
Other current assets
$1.6B
$1.6B
$1.5B
$1.4B
Current assets total
$20.2B
$19.3B
$19.5B
$18.5B
Investments in Affiliated Companies
$1.7B
$1.8B
$1.7B
$1.7B
Fixed Assets less accumulated depreciation
$7.7B
$7.7B
$8.0B
$7.4B
Goodwill
$17.0B
$16.9B
$17.0B
$14.7B
Intangible Assets
$4.9B
$4.9B
$5.1B
$2.9B
Other Assets
$4.0B
$3.9B
$3.8B
$3.7B
Total Assets
$55.5B
$54.5B
$55.1B
$48.8B
Accounts payable and accrued liabilities
$11.2B
$11.1B
$10.9B
$10.0B
Estimated liability for taxes on income
$742.0M
$878.0M
$814.0M
$833.0M
Short-term borrowings and current portion of long-term debt
$1.7B
$1.9B
$1.9B
$2.8B
Dividends payable
$456.0M
$457.0M
$443.0M
$402.0M
Current Liabilities Total
$14.1B
$14.4B
$14.0B
$14.0B
Long-term Debt
$11.1B
$9.7B
$10.8B
$10.9B
Postretirement Benefits
$475.0M
$474.0M
$502.0M
$502.0M
Deferred Taxes
$669.0M
$704.0M
$827.0M
$12.0M
Other Liabilities
$1.9B
$1.9B
$2.0B
$1.8B
Total Liabilities
$28.3B
$27.2B
$28.2B
$27.2B
Common stock
$16.3B
$16.2B
$16.3B
$11.4B
Treasury stock
($4.3B)
($3.6B)
($3.6B)
($3.7B)
Retained earnings
$18.7B
$18.4B
$17.7B
$17.4B
Accumulated other comprehensive loss
($4.6B)
($4.7B)
($4.8B)
($4.7B)
SLB stockholders' equity
$26.1B
$26.2B
$25.6B
$20.3B
Noncontrolling interests
$1.2B
$1.2B
$1.3B
$1.2B
Total equity
$27.3B
$27.4B
$26.9B
$21.6B
Liabilities and stockholders equity
$55.5B
$54.5B
$55.1B
$48.8B
Cash flow statement
SLB Ltd cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$3.5B
$4.6B
$4.3B
$3.5B
Depreciation and amortization
$2.6B
$2.5B
$2.3B
$2.1B
Impairments
$331.0M
—
—
—
Amortization of inventory purchase accounting adjustment
$166.0M
—
—
—
Gain on sale of APS project
($149.0M)
—
—
—
Deferred taxes
($279.0M)
($41.0M)
$28.0M
($39.0M)
Stock-based compensation expense
$332.0M
$316.0M
$293.0M
$313.0M
Earnings of equity method investments, less dividends received
($59.0M)
($18.0M)
($132.0M)
($96.0M)
Increase in receivables
($75.0M)
($236.0M)
($659.0M)
($1.7B)
Increase in inventories
($72.0M)
($101.0M)
($254.0M)
($737.0M)
Decrease in other current assets
$10.0M
$3.0M
$121.0M
($44.0M)
Decrease (increase) in other assets
($22.0M)
$13.0M
($10.0M)
($45.0M)
Increase (decrease) in accounts payable and accrued liabilities
$218.0M
($994.0M)
$724.0M
$704.0M
Decrease in estimated liability for taxes on income
($141.0M)
($51.0M)
($62.0M)
$96.0M
Increase (decrease) in other liabilities
$38.0M
$32.0M
($76.0M)
$23.0M
Other
$97.0M
$40.0M
($33.0M)
($19.0M)
NET CASH PROVIDED BY OPERATING ACTIVITIES
$6.5B
$6.6B
$6.6B
$3.7B
Capital expenditures
($1.7B)
($1.9B)
($1.9B)
($1.6B)
APS investments
($428.0M)
($483.0M)
($507.0M)
($587.0M)
Exploration data capitalized
($252.0M)
($198.0M)
($153.0M)
($97.0M)
Cash acquired in ChampionX Corporation acquisition
$479.0M
—
—
—
Proceeds from sale of APS project
$338.0M
—
—
—
Proceeds from sale of ChampionX Drilling Technologies business
$286.0M
—
—
—
Other business acquisitions and investments, net of cash acquired
($187.0M)
—
—
—
(Purchase) sale of short-term investments, net
($33.0M)
($32.0M)
—
—
Purchases of Blue Chip Swap securities
($224.0M)
($207.0M)
($185.0M)
($259.0M)
Proceeds from sales of Blue Chip Swap securities
$194.0M
$152.0M
$97.0M
$111.0M
Other
$109.0M
$107.0M
($108.0M)
($93.0M)
NET CASH USED IN INVESTING ACTIVITIES
($1.4B)
($3.1B)
($2.8B)
($1.4B)
Dividends paid
($1.6B)
($1.5B)
($1.3B)
($848.0M)
Stock repurchase program
($2.4B)
($1.7B)
($694.0M)
—
Proceeds from employee stock purchase plan
$222.0M
$219.0M
$191.0M
$142.0M
Proceeds from exercise of stock options
$7.0M
$29.0M
$90.0M
$81.0M
Taxes paid on net-settled stock-based compensation awards
($61.0M)
($90.0M)
($169.0M)
($93.0M)
Repayment of long-term debt
($1.6B)
($955.0M)
($1.6B)
($1.6B)
Net (decrease) increase in short-term borrowings
($19.0M)
($115.0M)
$2.0M
$37.0M
Other
($178.0M)
($65.0M)
($31.0M)
($51.0M)
NET CASH USED IN FINANCING ACTIVITIES
($5.6B)
($2.8B)
($2.5B)
($2.4B)
Net (decrease) increase in cash before translation effect
($565.0M)
$685.0M
$1.3B
—
Impact of changes in exchange rates on cash
$57.0M
($41.0M)
($97.0M)
($52.0M)
Cash, beginning of period
$3.5B
$2.9B
$1.7B
$1.8B
Cash, end of period
$3.0B
$3.5B
$2.9B
$1.7B
SLB Ltd cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income
$1.6B
$761.0M
$2.7B
$1.9B
Depreciation and amortization
$1.4B
$685.0M
$1.9B
$1.3B
Gain on sale of APS project
$0
—
($149.0M)
($149.0M)
Impairment of equity method investment
$0
—
$121.0M
$69.0M
Deferred taxes
($5.0M)
$53.0M
($89.0M)
($60.0M)
Stock-based compensation expense
$179.0M
$101.0M
$257.0M
$168.0M
Earnings of equity method investments, less dividends received
($21.0M)
$3.0M
($59.0M)
($47.0M)
Increase in receivables
($307.0M)
($338.0M)
($528.0M)
($480.0M)
Increase in inventories
($362.0M)
($224.0M)
($249.0M)
($288.0M)
(Increase) decrease in other current assets
($30.0M)
($55.0M)
$87.0M
$86.0M
Decrease (increase) in other assets
$6.0M
$3.0M
($39.0M)
($44.0M)
Decrease in accounts payable and accrued liabilities
($406.0M)
($383.0M)
($381.0M)
($557.0M)
Decrease in estimated liability for taxes on income
($239.0M)
($102.0M)
($202.0M)
($162.0M)
Increase in other liabilities
$0
($26.0M)
$40.0M
$73.0M
Other
$58.0M
$9.0M
$113.0M
$43.0M
NET CASH PROVIDED BY OPERATING ACTIVITIES
$1.8B
$487.0M
$3.5B
$1.8B
Capital expenditures
($802.0M)
($343.0M)
($1.2B)
($769.0M)
APS investments
($226.0M)
($103.0M)
($312.0M)
($225.0M)
Exploration data costs capitalized
($125.0M)
($64.0M)
($168.0M)
($83.0M)
Business acquisitions and investments, net of cash acquired
($236.0M)
($57.0M)
—
($47.0M)
(Purchase) sales of short-term investments, net
($158.0M)
$600.0M
$572.0M
—
Proceeds from sale of APS investment
$0
—
$338.0M
$316.0M
Other
$25.0M
$0
$8.0M
$11.0M
NET CASH USED IN INVESTING ACTIVITIES
($1.5B)
$33.0M
($142.0M)
($186.0M)
Stock repurchase program
($1.1B)
($451.0M)
($2.4B)
($2.3B)
Dividends paid
($866.0M)
($426.0M)
($1.2B)
($773.0M)
Proceeds from employee stock purchase plan
$105.0M
$104.0M
$222.0M
$105.0M
Proceeds from exercise of stock options
$106.0M
$74.0M
$8.0M
$8.0M
Taxes paid on net settled stock-based compensation awards