Schlumberger Limited (SLB)
NYSE:SLB
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Earnings Data
Report Date
Jul 17, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.52Last Year’s EPS
0.74Same Quarter Last Year
Strong Buy
Based on 16 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call described a quarter materially impacted by geopolitical disruption that reduced revenue and margins, increased costs, and raised short-term cash and debt pressures. At the same time, management highlighted clear strategic progress—ChampionX accretion, strong Digital ARR growth, rapid data center expansion (including an NVIDIA partnership), OneSubsea backlog growth and continued shareholder returns—positioning the company for recovery and growth into 2027–2028. Near-term performance is constrained by the Middle East situation, but medium- to long-term prospects and strategic initiatives provide offsetting upside.Company Guidance
Company-wide Revenue Growth (Including ChampionX)
First quarter global revenue was $8.7 billion, up 3% year-over-year, driven in part by the ChampionX acquisition.
Production Systems Strength from ChampionX
Production Systems revenue was $3.5 billion, up 23% year-over-year driven by the ChampionX acquisition; on a pro forma basis ChampionX businesses grew ~2% year-over-year and are accretive with synergy targets on track.
Digital Revenue and Recurring Revenue Momentum
Digital revenue was $640 million, up 9% year-over-year; annual recurring revenue reached $1.02 billion, up 15% year-over-year. Digital operations grew 87% and automated footage reading increased 145% year-over-year.
Data Center Solutions Rapid Growth and Strategic Partnership
Data center solutions grew 45% year-over-year, management expects to exit the year at a $1 billion run rate with growth accelerating into 2027; announced modular design partnership with NVIDIA for DSX AI factories.
OneSubsea Backlog and Booking Outlook
OneSubsea backlog was up ~5% year-over-year; management expects OneSubsea bookings this year to be visibly higher than last year with a multi-year growth trajectory as deepwater activity recovers.
Shareholder Returns and Capital Allocation
Repurchased $451 million of stock in Q1 and reiterated expectation to repurchase a minimum of $2.4 billion for the full year; targeting to return more than $4 billion to shareholders in 2026 via dividends and buybacks.
Cash Flow and Capex Guidance
Generated $487 million of cash flow from operations in Q1; capital investments were $510 million in Q1 and full-year capital investments are expected to be approximately $2.5 billion.
Strategic Growth Themes
Management emphasized three strategic growth levers—production recovery, digital, and data center solutions—positioned to drive higher-return, technology-led and less cyclical growth into 2027–2028.
SLB Earnings History
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 |
|---|---|---|---|
Apr 24, 2026 | $54.74 | $56.15 | +2.58% |
Jan 23, 2026 | $49.03 | $48.86 | -0.34% |
Oct 17, 2025 | $32.47 | $32.18 | -0.88% |
Jul 18, 2025 | $33.92 | $32.60 | -3.89% |
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.
FAQ
When does Schlumberger Limited (SLB) report earnings?
Schlumberger Limited (SLB) is schdueled to report earning on Jul 17, 2026, Before Open (Confirmed).
What is Schlumberger Limited (SLB) earnings time?
Schlumberger Limited (SLB) earnings time is at Jul 17, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SLB EPS forecast?
SLB EPS forecast for the fiscal quarter 2026 (Q2) is 0.52.
