SLB reports higher second-quarter revenue but lower year-on-year earnings
Filed with the SEC on · Summarized by InvestorsBot
SLB reported second-quarter 2026 revenue of $8.97 billion, up 3% sequentially and 5% year on year, while GAAP EPS fell 30% year on year to $0.52 and adjusted EPS declined 26% to $0.55. The company generated $716 million of free cash flow, repurchased 12 million shares for $648 million, approved a $0.295 quarterly dividend payable October 8, 2026, and said full-year capital investment is still expected to be approximately $2.5 billion; Middle East disruptions pressured results, while Production Systems and Digital supported growth.