SLB Reports 5% Revenue Growth, $0.52 EPS in Second Quarter
Filed with the SEC on · Summarized by InvestorsBot
SLB reported second-quarter 2026 revenue of $8.97 billion, up 5% year over year, while GAAP EPS fell 30% to $0.52 and net income attributable to SLB declined 22% to $786 million; results were affected by Middle East disruptions, while acquired ChampionX businesses contributed $870 million of revenue. Cash flow from operations was $1.36 billion and free cash flow was $716 million, and the company repurchased 12 million shares for $648 million. On July 23, SLB’s board approved a quarterly dividend of $0.295 per share payable October 8, 2026, and the company said full-year 2026 capital investment is expected to be approximately $2.5 billion.