SLB
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $35.71B | $36.29B | $33.14B | $28.09B | $22.93B | $23.60B | $32.92B | $32.82B |
| Digital & Integration | — | — | $3.88B | $3.74B | $3.29B | $3.19B | $0 | $0 |
| Reservoir Performance | — | — | $6.58B | $5.56B | $4.75B | $4.78B | $0 | $0 |
| Well Construction | — | — | $12.40B | $10.13B | $7.95B | $8.71B | $0 | $0 |
| Production Systems | — | — | $10.77B | $8.93B | $7.14B | $7.16B | $0 | $0 |
| Reservoir Characterization | — | — | $0 | $0 | $0 | $0 | $6.36B | $6.51B |
| Drilling | — | — | $0 | $0 | $0 | $0 | $9.53B | $9.20B |
| Production | — | — | $0 | $0 | $0 | $0 | $11.33B | $11.93B |
| Cameron | — | — | $0 | $0 | $0 | $0 | $5.74B | $5.43B |
| Other & Eliminations | — | — | $-489.0M | $-272.0M | $-201.0M | $-233.0M | $-39.0M | $-247.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $709.0M | $749.0M | $711.0M | $634.0M | $554.0M | $580.0M | $717.0M | $702.0M |
| SG&A Expense | $340.0M | $385.0M | $364.0M | $376.0M | $339.0M | $365.0M | $474.0M | $444.0M |
| Operating Income | $4.85B | $6.18B | $6.52B | $5.01B | $3.37B | $2.40B | $3.98B | $4.19B |
| Operating Margin | 13.6% | 17.0% | 19.7% | 17.8% | 14.7% | 10.2% | 12.1% | 12.8% |
| Interest Expense | $558.0M | $512.0M | $503.0M | $490.0M | $539.0M | $563.0M | $609.0M | $575.0M |
| Pretax Income | $4.29B | $5.67B | $5.28B | $4.27B | $2.37B | $-11.30B | $-10.42B | $2.62B |
| Income Tax Expense | $840.0M | $1.09B | $1.01B | $779.0M | $446.0M | $-812.0M | $-311.0M | $447.0M |
| Net Income | $3.37B | $4.46B | $4.20B | $3.44B | $1.88B | $-10.52B | $-10.14B | $2.14B |
| Net Margin | 9.4% | 12.3% | 12.7% | 12.2% | 8.2% | -44.6% | -30.8% | 6.5% |
| EPS (Basic) | $2.38 | $3.14 | $2.95 | $2.43 | $1.34 | $-7.57 | $-7.32 | $1.54 |
| EPS (Diluted) | $2.35 | $3.11 | $2.91 | $2.39 | $1.32 | $-7.57 | $-7.32 | $1.53 |
| Shares Outstanding (Basic) | 1.42B | 1.42B | 1.43B | 1.42B | 1.40B | 1.39B | 1.39B | 1.39B |
| Shares Outstanding (Diluted) | 1.44B | 1.44B | 1.44B | 1.44B | 1.43B | 1.39B | 1.39B | 1.39B |
| Dividends Per Share | — | — | — | — | — | — | — | — |