SLB Reports Higher Revenue and Adjusted EPS for Third Quarter 2026

SLB reported third-quarter 2026 revenue of $9.45 billion for the period ended September 30, up 5% sequentially and 6% year over year, while GAAP EPS fell 2% year over year to $0.49 and adjusted EPS rose 16% sequentially to $0.64. The company generated $1.51 billion of operating cash flow and $828 million of free cash flow, repurchased $656 million of stock, and approved a $0.295 quarterly dividend payable January 7, 2027. SLB also agreed to acquire Kelvion from Apollo-managed funds and Triton-advised funds for approximately $3.4 billion in cash plus $0.7 billion of assumed debt, with closing expected in the first half of 2027.