The earnings call reflects a solid quarter for Schlumberger Limited with steady revenue growth and successful integration of ChampionX. However, challenges persist in certain regional markets and segments, particularly in North America and offshore projects. The overall sentiment is cautiously optimistic with expectations of growth driven by the ChampionX acquisition and digital segment expansion.

Company Guidance -

Q3 2025

In the second half of 2025, Schlumberger Limited expects revenue to range between $18.2 billion and $18.8 billion, driven by the integration of ChampionX, which will contribute five months of revenue. This increase is anticipated to offset the decline in U.S. activity and certain offshore markets, with revenue being backloaded in the fourth quarter due to a full quarter contribution from ChampionX and a seasonal uplift in year-end digital and product sales. The company also projects second-half EBITDA margins to remain flat compared to the second quarter, accounting for ChampionX's contribution and a tariff impact of 20 to 40 basis points. Despite these challenges, the integration of ChampionX is expected to yield $400 million in annual pretax synergies within three years, enhancing Schlumberger Limited's margins and earnings per share, particularly in 2026.

Steady Revenue Growth

Schlumberger Limited delivered steady revenue and slight EBITDA margin expansion despite considerable macro headwinds. International markets revenue grew by 2% with strong growth in Iraq, the UAE, Kuwait, East Asia, China, and Australia.

Successful Integration of ChampionX

The acquisition of ChampionX is expected to enhance Schlumberger Limited's portfolio, particularly in production chemicals and artificial lift, with expected annual pretax synergies of $400 million within three years.

Strong Performance in Production Systems

Production Systems revenue increased by 3% sequentially with strong sales in artificial lift, midstream production systems, and valves.

Digital Segment Growth

Digital revenue remained steady with double-digit growth across platforms, applications, and digital operations. More than 7,800 users are on the Delphi platform, representing double-digit growth year on year.

Carbon Capture and Storage (CCS) Expansion

Continued growth in CCS with successful execution of several large-scale projects, including the Longship CCS project in Norway.

Strong Cash Flow Generation

Generated $1.1 billion of cash flow from operations and $622 million in free cash flow during the quarter, a $519 million increase compared to the last quarter.

Schlumberger (SLB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SLB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 17, 2025	2025 (Q3)	0.67 / -	0.89	―	―	―
Jul 18, 2025	2025 (Q2)	0.72 / 0.74	0.85	-12.94% (-0.11)	―
Apr 25, 2025	2025 (Q1)	0.73 / 0.72	0.75	-4.00% (-0.03)	―
Jan 17, 2025	2024 (Q4)	0.90 / 0.92	0.86	6.98% (+0.06)	―
Oct 18, 2024	2024 (Q3)	0.89 / 0.89	0.78	14.10% (+0.11)	―
Jul 19, 2024	2024 (Q2)	0.83 / 0.85	0.72	18.06% (+0.13)	―
Apr 19, 2024	2024 (Q1)	0.75 / 0.75	0.63	19.05% (+0.12)	―
Jan 19, 2024	2023 (Q4)	0.83 / 0.86	0.71	21.13% (+0.15)	―
Oct 20, 2023	2023 (Q3)	0.77 / 0.78	0.63	23.81% (+0.15)	―
Jul 21, 2023	2023 (Q2)	0.71 / 0.72	0.5	44.00% (+0.22)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SLB Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 18, 2025	$34.67	$33.32	-3.89%
Apr 25, 2025	$34.64	$34.23	-1.18%
Jan 17, 2025	$40.46	$42.92	+6.08%
Oct 18, 2024	$43.05	$41.02	-4.72%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.