Slb (SLB) Gross Margin (2009 - 2026)
Slb (SLB) posted quarterly Gross Margin of 51.63% for Q2 2026, up 109.0% year-over-year from 24.7% in Q2 2025, and down 3.63% quarter-over-quarter from 53.57% in Q1 2026.
Slb (SLB) Gross Margin (2009 - 2026) Analysis & Trends
Slb's Gross Margin history runs 18 years deep, the most recent figure standing at 51.63% for Q2 2026.
- In Q2 2026, Gross Margin rose 109.0% year-over-year to 51.63%; the TTM figure through Jun 2026 stood at 40.71% (down 1027.0% YoY), while the FY2025 annual figure was 53.05%, up 223.0% from the prior year.
- Gross Margin for Q2 2026 stood at 51.63%, down from 53.57% in the prior quarter.
- The five-year high for Gross Margin was 99.84% in Q1 2024, with the low at 180.67% in Q4 2025.
- The 5-year median for Gross Margin is 50.19% (2024), against an average of 41.91%.
- The sharpest annual moves came in 2024 and 2025: Gross Margin surged 5321 bps in 2024, then slumped 23280 bps in 2025.
- Slb's Gross Margin stood at 47.31% in 2022, then surged by 107 bps to 97.8% in 2023, then slumped by 47 bps to 52.13% in 2024, then tumbled by 447 bps to 180.67% in 2025, then jumped by 129 bps to 51.63% in 2026.
- Business Quant data shows SLB's Gross Margin at 51.63% in Q2 2026, 53.57% in Q1 2026, and 180.67% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 51.63% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 23.46% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 50.62% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 36.80% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 24.41% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 59.91% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 63.09% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 65.86% |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 20.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 51.63% |
| Mar 31, 2026 | 53.57% |
| Dec 31, 2025 | -180.67% |
| Sep 30, 2025 | 54.36% |
| Jun 30, 2025 | 50.54% |
| Mar 31, 2025 | 49.87% |
| Dec 31, 2024 | 52.13% |
| Sep 30, 2024 | 51.25% |
| Jun 30, 2024 | 50.51% |
| Mar 31, 2024 | 99.84% |
| Dec 31, 2023 | 97.80% |
| Sep 30, 2023 | 47.53% |
| Jun 30, 2023 | 47.06% |
| Mar 31, 2023 | 46.63% |
| Dec 31, 2022 | 47.31% |
| Sep 30, 2022 | 46.84% |
| Jun 30, 2022 | 45.08% |
| Mar 31, 2022 | 43.19% |
| Dec 31, 2021 | 43.12% |
| Sep 30, 2021 | 42.98% |