Slb (SLB) Cost of Revenue (2009 - 2026)

Slb (SLB) recorded quarterly Cost of Revenue of $4.0 billion in Q1 2026, up 3560.68% quarter-over-quarter from -$117.0 million in Q4 2025, and up 54.07% on a YoY basis from $2.6 billion in Q1 2025.

Slb (SLB) Cost of Revenue (2009 - 2026) Analysis & Trends

Slb's Cost of Revenue history runs 18 years deep, the most recent figure standing at $4.0 billion for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 54.07% year-over-year to $4.0 billion; the TTM figure through Mar 2026 stood at $11.5 billion (down 8.97% YoY), while the FY2025 annual figure was $12.4 billion, down 30.31% from the prior year.
  • Cost of Revenue was $4.0 billion for Q1 2026 at Slb, up from -$117.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $4.4 billion in Q4 2024 to a low of -$117.0 million in Q4 2025.
  • Historically, Cost of Revenue has averaged $2.7 billion across 5 years, with a median of $2.8 billion in 2024.
  • The sharpest annual moves came in 2024 and 2025: Cost of Revenue surged 40300.0% in 2024, then sank 102.63% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $4.2 billion in 2022, then tumbled by 99.74% to $11.0 million in 2023, then soared by 40300.0% to $4.4 billion in 2024, then tumbled by 102.63% to -$117.0 million in 2025, then soared by 3560.68% to $4.0 billion in 2026.
  • The last three Cost of Revenue figures came in at $4.0 billion (Q1 2026), -$117.0 million (Q4 2025), and $3.3 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 4.05 Bn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 5.07 Bn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 3.37 Bn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 1.01 Bn
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 1.67 Bn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 276.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 126.34 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 122.88 Mn
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 843.82 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.05 Bn
Mar 31, 2026 4.05 Bn
Dec 31, 2025 -117.00 Mn
Dec 31, 2025 -117.00 Mn
Sep 30, 2025 3.30 Bn
Sep 30, 2025 3.30 Bn
Jun 30, 2025 4.23 Bn
Jun 30, 2025 4.23 Bn
Mar 31, 2025 2.63 Bn
Mar 31, 2025 2.63 Bn
Dec 31, 2024 4.44 Bn
Dec 31, 2024 4.44 Bn
Sep 30, 2024 2.77 Bn
Sep 30, 2024 2.77 Bn
Jun 30, 2024 2.74 Bn
Jun 30, 2024 2.74 Bn
Mar 31, 2024 14.00 Mn
Mar 31, 2024 14.00 Mn
Dec 31, 2023 11.00 Mn
Dec 31, 2023 11.00 Mn