AI brief of an SEC Form 8-K · Schlumberger (SLB)
SLB Q3 revenue rises 6% to $9.45 billion; GAAP EPS falls 2% year on year
SLB reported third-quarter 2026 revenue of $9.45 billion, up 5% sequentially and 6% year on year, with growth led by the Middle East recovery and North America. GAAP diluted EPS was $0.49, down 6% sequentially and 2% year on year, so higher sales did not translate into higher year-on-year profit. The board also approved a quarterly dividend of $0.295 per share.
Key points
- Revenue of $9.45 billion rose 5% sequentially and 6% year on year; ChampionX contributed $956 million.
- GAAP diluted EPS was $0.49; EPS excluding charges and credits was $0.64, up 16% sequentially but down 7% year on year.
- Free cash flow was $828 million and share repurchases totaled $656 million in the quarter.
- Board approved a quarterly cash dividend of $0.295 per share, payable January 7, 2027, to holders of record on December 2, 2026.
The filing
CompanySchlumberger (SLB)
Form8-K, current report
Filed with the SECOct 23, 2026, 7:04 AM ET
Accession number0001193125-26-429435
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.