WS Investor
24 Apr 2026, 20:45
SLB reported first-quarter 2026 revenue of $8.72 billion, up 3% year-over-year, reflecting modest growth in activity.
Despite higher revenue, profitability declined, with net income falling 6% to $752 million and GAAP EPS decreasing 14% to $0.50. Adjusted EBITDA also dropped 12% to $1.77 billion, while cash flow from operations totaled $487 million.
The company approved a quarterly dividend of $0.295 per share, maintaining shareholder returns amid weaker earnings performance.
Source: Business Wire
Despite higher revenue, profitability declined, with net income falling 6% to $752 million and GAAP EPS decreasing 14% to $0.50. Adjusted EBITDA also dropped 12% to $1.77 billion, while cash flow from operations totaled $487 million.
The company approved a quarterly dividend of $0.295 per share, maintaining shareholder returns amid weaker earnings performance.
Source: Business Wire
