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SLB Q2 FY26 net income drops 22% to $786 million; revenue rises 5% to $8.97 billion

PUBT·07/24/2026 10:51:58
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SLB Q2 FY26 net income drops 22% to $786 million; revenue rises 5% to $8.97 billion
  • SLB posted Q2 2026 GAAP revenue of USD 8.97 billion, up 3% sequentially and up 5% year on year.
  • GAAP net income attributable to shareholders fell 22% year on year to USD 786 million; diluted EPS dropped 30% to USD 0.52.
  • GAAP income before taxes slid 21% from a year earlier to USD 1.02 billion; margin narrowed to 11.3% from 15%.
  • Adjusted EBITDA declined 7% year on year to USD 1.9 billion; margin contracted to 21.2% from 24%.
  • CEO Olivier Le Peuch cited broad-based international growth offsetting Middle East disruptions; Data Center Solutions first-half revenue rose 63% year on year.


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: 20260722694386) on July 24, 2026, and is solely responsible for the information contained therein.