SLB Reports 6% Decline in Q1 2026 Net Income to $752 Million
SLB reported a 6% decline in net income to $752 million for Q1 2026 compared to $797 million in the same period of 2025. Revenue increased by 3% to $8.72 billion, but adjusted EBITDA fell by 12% to $1.77 billion. The production systems division saw strong growth, while well construction and reservoir performance divisions faced revenue declines.
Tickers: $SLB
Topics: Acquisition Earnings Per Share EBITDA Geographical Revenue Net Income Revenue Growth Segment Performance