Slb (SLB) Gross Margin (2009 - 2026)
Slb (SLB) recorded quarterly Gross Margin of 53.57% in Q1 2026, down 50.3% quarter-over-quarter from 107.8% in Q4 2025, and down 1547.0% on a YoY basis from 3.7% in Q1 2025.
Slb (SLB) Gross Margin (2009 - 2026) Analysis & Trends
Slb's Gross Margin history runs 18 years deep, the most recent figure standing at 53.57% for Q1 2026.
- In Q1 2026, Gross Margin fell 1547.0% year-over-year to 53.57%; the TTM figure through Mar 2026 stood at 58.64% (down 647.0% YoY), while the FY2025 annual figure was 65.17%, up 1435.0% from the prior year.
- Gross Margin was 53.57% for Q1 2026 at Slb, down from 107.8% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 107.8% in Q4 2025 to a low of 45.08% in Q2 2022.
- Historically, Gross Margin has averaged 66.93% across 5 years, with a median of 69.05% in 2025.
- The sharpest annual moves came in 2022 and 2024: Gross Margin surged 8517 bps in 2022, then sank 4567 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 47.31% in 2022, then soared by 107 bps to 97.8% in 2023, then tumbled by 47 bps to 52.13% in 2024, then jumped by 107 bps to 107.8% in 2025, then tumbled by 50 bps to 53.57% in 2026.
- The last three Gross Margin figures came in at 53.57% (Q1 2026), 107.8% (Q4 2025), and 63.09% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 53.57% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 22.98% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 37.69% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 59.67% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 5.80% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 76.04% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 66.20% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 64.46% |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | 17.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 53.57% |
| Dec 31, 2025 | 107.80% |
| Sep 30, 2025 | 63.09% |
| Jun 30, 2025 | 50.54% |
| Mar 31, 2025 | 69.05% |
| Dec 31, 2024 | 52.13% |
| Sep 30, 2024 | 69.73% |
| Jun 30, 2024 | 70.03% |
| Mar 31, 2024 | 99.84% |
| Dec 31, 2023 | 97.80% |
| Sep 30, 2023 | 47.53% |
| Jun 30, 2023 | 47.06% |
| Mar 31, 2023 | 72.13% |
| Dec 31, 2022 | 47.31% |
| Sep 30, 2022 | 72.36% |
| Jun 30, 2022 | 45.08% |
| Mar 31, 2022 | 72.73% |
| Dec 31, 2021 | -37.86% |
| Sep 30, 2021 | 42.98% |
| Jun 30, 2021 | 42.79% |