Filing Flows › SLB Limited (SLB) › Q2 2025
SLB Limited (SLB) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 24, 2025
SLB Limited (SLB) reported revenue of $8.5B for the second quarter 2025 (Q2 2025), -6% from a year earlier and +0.7% from the quarter before. Operating margin was 15.0%, net earnings $1.0B (11.9% of revenue).
SLB Limited, Q2 2025: revenue $8.5B (-6% year over year), operating margin 15.0%, net earnings $1.0B, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.5B | +0.7% | -6% |
| Operating profit | $1.3B | +21% | -10% |
| Net earnings | $1.0B | +27% | -9% |
| Operating cash flow | $1.1B | +73% | -20% |
| Free cash flow | $771M | +194% | -21% |
What changed
Revenue was $8.5B in Q2 2025, down 6% year over year and up 1% from the previous quarter. Service was the largest line at 62% of revenue. Service lost $0.57B year over year (down 10%), 97% of the total change.
Operating profit was $1.3B, a 15.0% margin (down 0.5 points year over year). Total costs fell 6% while revenue fell 6%. Net earnings were $1.0B, down 9% year over year. The effective tax rate was 18.4%.
Operating cash flow was $1.1B (down 20% year over year), 109% of net income including minority interests. Non-cash charges added back $0.63B of depreciation and amortization and $0.08B of share-based compensation. Working capital and other items used $0.62B. Capital expenditures of $0.37B left free cash flow of $0.77B.
Questions
What was SLB Limited's revenue in the second quarter 2025?
SLB Limited (SLB) reported revenue of $8.5B for the second quarter 2025 (Q2 2025), -6% from a year earlier and +0.7% from the quarter before.
Was SLB Limited profitable in the second quarter 2025?
Operating profit was $1.3B (15.0% of revenue) and net earnings $1.0B.
Source: SLB Limited 10-Q on SEC EDGAR.