Filing Flows › SLB Limited (SLB) › Q3 2026 › vs Q3 2025
SLB Limited (SLB) Q3 2026 vs Q3 2025 (year over year)
SLB Limited's revenue rose $521M (+6%) from $8.9B in Q3 2025 to $9.4B in Q3 2026. The biggest changes: Product +$600M (+16%); Service −$79.0M (-2%). Operating margin 10.8% against 11.2% (-0.4 pts).
SLB Limited, Q3 2026: revenue $9.4B (+6% year over year), operating margin 10.8%, net earnings $735M, operating cash flow $1.5B. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 10.8% | 11.2% | -0.4 pts |
| Net margin | 7.8% | 8.3% | -0.5 pts |
| Free cash flow margin | 10.8% | 14.3% | -3.4 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Service | $5.1B | $5.2B | −$79.0M | -2% |
| Product | $4.4B | $3.8B | $600M | +16% |
| Revenue | $9.4B | $8.9B | $521M | +6% |
| Operating profit | $1.0B | $1.0B | $19.0M | +2% |
| Costs & expenses | $8.4B | $7.9B | $502M | +6% |
| Pre-tax earnings | $1.0B | $1.0B | $19.0M | +2% |
| Research & development | $156M | $170M | −$14.0M | -8% |
| General & admin | $84.0M | $72.0M | $12.0M | +17% |
| Other operating costs | $8.2B | $7.7B | $504M | +7% |
| Net earnings | $735M | $739M | −$4.0M | -0.5% |
| Minority interests | $45.0M | $35.0M | $10.0M | +29% |
| Income tax | $239M | $226M | $13.0M | +6% |
| Depreciation & amortization | $698M | $638M | $60.0M | +9% |
| Share-based compensation | $72.0M | $89.0M | −$17.0M | -19% |
| Working capital & other | $5.0M | $216M | −$211M | -98% |
| Operating cash flow | $1.5B | $1.7B | −$172M | -10% |
| Free cash flow (OCF − capex) | $1.0B | $1.3B | −$248M | -19% |
| Capital expenditures | $485M | $409M | $76.0M | +19% |
Questions
How much did SLB Limited's revenue grow year over year in Q3 2026?
SLB Limited's revenue rose $521M (+6%) from $8.9B in Q3 2025 to $9.4B in Q3 2026.
What drove SLB Limited's revenue change in Q3 2026?
Product +$600M (+16%); Service −$79.0M (-2%).