Schlumberger income statement
In fiscal 2025, Schlumberger reported revenue of $35.71bn, down 1.6% on the year before and net income of $3.37bn, or $2.35 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 22.7 | 26.7 | 36.6 | 41.7 | 45.3 | 48.6 | 35.5 | 27.8 | 30.4 | 32.8 | 32.9 | 23.6 | 22.9 | 28.1 | 33.1 | 36.3 | 35.7 | 36.9 |
| Cost of revenue | 17.2 | 21.1 | 28.8 | 32.9 | 35.3 | 37.4 | 28.3 | — | — | — | — | — | — | — | — | — | — | — |
| Gross profit | 5.5 | 5.6 | 7.8 | 8.8 | 9.9 | 11.2 | 7.2 | — | — | — | — | — | — | — | — | — | — | — |
| Research and development | 0.8 | 0.9 | 1.1 | 1.2 | 1.2 | 1.2 | 1.1 | 1.0 | 0.8 | 0.7 | 0.7 | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 |
| General and administrative | 0.3 | 0.3 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.5 | 0.4 | 0.3 | 0.4 | 0.4 | 0.4 | 0.3 | 0.3 |
| Operating income | — | — | — | — | 9.3 | 10.6 | 6.5 | 3.3 | 3.9 | 4.2 | 4.0 | 2.4 | 3.4 | 5.0 | 6.5 | — | — | — |
| Interest expense | 0.2 | 0.2 | 0.3 | 0.3 | 0.4 | 0.4 | 0.3 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | 0.6 | 0.5 |
| Income before tax | 3.2 | 5.1 | 6.2 | 7.0 | 8.7 | 7.6 | 2.9 | −1.9 | −1.2 | 2.6 | −10.4 | −11.3 | 2.4 | 4.3 | 5.3 | 5.7 | 4.3 | 3.9 |
| Income tax | 0.8 | 0.9 | 1.5 | 1.7 | 1.8 | 1.9 | 0.7 | −0.3 | 0.3 | 0.4 | −0.3 | −0.8 | 0.4 | 0.8 | 1.0 | 1.1 | 0.8 | 0.8 |
| Net income | 3.1 | 4.3 | 5.0 | 5.5 | 6.7 | 5.4 | 2.1 | −1.7 | −1.5 | 2.1 | −10.1 | −10.5 | 1.9 | 3.4 | 4.2 | 4.5 | 3.4 | 3.1 |
| Diluted EPS | $2.59 | $3.38 | $3.67 | $4.10 | $5.05 | $4.16 | $1.63 | −$1.24 | −$1.08 | $1.53 | −$7.32 | −$7.57 | $1.32 | $2.39 | $2.91 | $3.11 | $2.35 | $2.05 |
| Diluted shares (average) | 1,214m | 1,263m | 1,361m | 1,339m | 1,333m | 1,308m | 1,275m | 1,357m | 1,388m | 1,393m | 1,385m | 1,390m | 1,427m | 1,437m | 1,443m | 1,436m | 1,437m | 1,508m |
| EBITDA | — | — | — | — | 13.2 | 14.7 | 10.6 | 7.4 | 7.8 | 7.7 | 7.6 | 5.0 | 5.5 | 7.2 | 8.8 | — | — | — |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9,284 | 8,490 | 8,546 | 8,928 | 9,745 | 8,721 | 8,972 | 9,449 |
| Research and development | 192 | 172 | 180 | 170 | 187 | 164 | 171 | 156 |
| General and administrative | 80 | 96 | 87 | 72 | 84 | 97 | 84 | 84 |
| Interest expense | 131 | 147 | 142 | 142 | 126 | 116 | 128 | 133 |
| Income before tax | 1,387 | 1,063 | 1,285 | 1,000 | 943 | 956 | 1,019 | 1,019 |
| Income tax | 269 | 234 | 237 | 226 | 143 | 195 | 204 | 239 |
| Net income | 1,095 | 797 | 1,014 | 739 | 824 | 752 | 786 | 735 |
| Diluted EPS | $0.77 | $0.58 | $0.74 | $0.50 | $0.55 | $0.50 | $0.52 | $0.49 |
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