SLB posts Q4 revenue of $9.75 billion, up 9% sequentially

SLB (NYSE:SLB) today reported financial results for the fourth quarter and full year ended December 31, 2025, reflecting sequential improvement driven by international activity and offshore growth despite softer year-over-year comparisons.

Fourth-quarter revenue reached $9.75 billion, up 9% sequentially and 5% year-over-year.

GAAP EPS was $0.55, increasing 10% sequentially but down 29% year-over-year, while EPS excluding charges and credits was $0.78, up 13% sequentially and down 15% year-over-year.

Net income attributable to SLB was $824 million, rising 12% sequentially and declining 25% year-over-year.

Adjusted EBITDA totaled $2.33 billion, increasing 13% sequentially and decreasing 2% year-over-year.

Cash flow from operations was $3.01 billion in the fourth quarter, and free cash flow was $2.29 billion.

The board also approved a 3.5% increase in the quarterly cash dividend to $0.295 per share.

For the full year 2025, revenue was $35.71 billion, down 2% year-over-year.

GAAP EPS was $2.35, down 24% year-over-year, and EPS excluding charges and credits was $2.93, down 14% year-over-year.