SLB Q3 Revenue Rises 6% to $9.45B; EPS Drops 2%, Dividend Held at $0.295
SLB sits 46% above its 52-week low of $34.
Summary
SLB reported Q3 2026 revenue of $9.45 billion, up 6% year on year, but GAAP EPS slipped 2% to $0.49 on pension and merger charges; adjusted EPS fell 7% to $0.64. The board held the quarterly dividend at $0.295 per share.
Key Events · Earnings and Guidance · SLB
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Q3 Revenue Grows 6% to $9.45B
Revenue of $9.449 billion rose 5% sequentially and 6% year on year, with North America up 24% and international up 1%.
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GAAP EPS Falls 2% on Charges
Diluted EPS of $0.49 compared with $0.50 a year ago, reflecting a $187 million pension settlement charge and $55 million of merger and integration costs; excluding charges, EPS was $0.64, down 7%.
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Adjusted EBITDA Flat at $2.07B
Adjusted EBITDA of $2.067 billion was essentially flat year on year and up 9% sequentially, but the 21.9% margin contracted 121 bps from 23.1%.
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Data Center Solutions Up 76%
Data Center Solutions revenue reached $230 million, up 23% sequentially and 76% year on year, and the pending $3.4 billion Kelvion acquisition is expected to close in the first half of 2027.
Analysis · SLB · Energy & Transportation
Top-line growth of 6% year on year to $9.45 billion and essentially flat adjusted EBITDA of $2.07 billion mask a softer underlying margin picture: GAAP EPS fell 2% to $0.49 on a $187 million pension settlement charge and $55 million of merger and integration costs. Strip those out and EPS was $0.64, still down 7% year on year, while adjusted EBITDA margin contracted 121 bps to 21.9%. The offset comes from newer businesses — Data Center Solutions revenue rose 76% year on year to $230 million and the Middle East rebounded 13% sequentially — which management cites in a constructive 2027 outlook. The board kept the quarterly dividend at $0.295 per share, payable January 7, 2027, and the company bought back $656 million of stock in the quarter.
How filings like this one have moved
In the 30 days to Oct 23, 2026, 29.6% of the 1590 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.25%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, SLB was trading at $49.60 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $73.5B. The 52-week trading range was $34.00 to $60.46. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.