SLB LIMITED/NV (SLB) Form 8-K — Oct 23, 2026
SLB reported third-quarter 2026 revenue of $9.45 billion, up 5% sequentially and 6% year on year, with net income of $735 million and GAAP EPS of $0.49 (down 6% sequentially), while adjusted EPS of $0.64 rose 16% sequentially but fell 7% year on year. Growth was broad-based, led by a 13% sequential Middle East recovery, 24% YoY North America growth, and a 76% YoY surge in Data Center Solutions revenue to $230 million; ChampionX contributed $956 million of revenue. The Board approved a quarterly dividend of $0.295 per share and the company repurchased $656 million of stock in the quarter.
Key figures
- Eps
- 0.49
- Revenue
- 9449000000
- Guidance
- Full-year 2026 capital investment still expected to be approximately $2.5 billion; management sees a 'very compelling outlook for 2027' driven by international deepwater, Middle East recovery, Digital, and Data Center Solutions.
- Net Income
- 735000000
- Revenue Yoy
- 6%
- Total Assets
- 56200000000
- Cash Position
- 3551000000
- Shares Outstanding
- 1476000000
- Net debt
- $9.249 billion
- Digital arr
- $1.04 billion, +13% YoY
- Q3 buybacks
- 12.9 million shares for $656 million
- Adjusted eps
- $0.64, +16% sequentially, -7% YoY
- Ytd buybacks
- 34.0 million shares for $1.76 billion
- Free cash flow
- $828 million
- Adjusted ebitda
- $2.07 billion, +9% sequentially, flat YoY
- Dividend per share
- $0.295
- Kelvion deal value
- approximately $3.4 billion cash plus ~$0.7 billion assumed debt, expected to close H1 2027
- Champion X contribution
- $956 million revenue in Q3 2026
- Cash flow from operations
- $1.51 billion
- Data center solutions revenue
- $230 million, +23% sequentially, +76% YoY
AI analysis
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