Slb (SLB) Operating Expenses (2009 - 2026)
Slb's (SLB) quarterly Operating Expenses came in at $261.0 million in Q1 2026, down 17.41% year-on-year from $316.0 million in Q1 2025, and up 52.63% quarter-over-quarter from $171.0 million in Q4 2025.
Slb (SLB) Operating Expenses (2009 - 2026) Analysis & Trends
Slb's Operating Expenses history runs 18 years deep, the most recent figure standing at $261.0 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 17.41% year-over-year to $261.0 million in Q1 2026; TTM through Mar 2026 was $1.1 billion, a 14.57% decrease from a year earlier, with the FY2025 full-year figure at $1.4 billion, up 7.48% from the prior year.
- Operating Expenses improved to $261.0 million in Q1 2026 per SLB's latest filing, from $171.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $393.0 million in Q2 2024 and bottomed at $171.0 million in Q4 2025.
- The 5-year median for Operating Expenses is $267.0 million (2023), against an average of $279.5 million.
- Across the five-year window, Operating Expenses surged 51.74% in 2024 and slipped 23.16% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $277.0 million in 2022, then grew by 2.17% to $283.0 million in 2023, then declined by 22.61% to $219.0 million in 2024, then fell by 21.92% to $171.0 million in 2025, then soared by 52.63% to $261.0 million in 2026.
- Per Business Quant, the three latest SLB Operating Expenses figures stand at $261.0 million (Q1 2026), $171.0 million (Q4 2025), and $351.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 261.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | -466.59 Mn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 2.14 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 4.72 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 9.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 998.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 45.37 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 69.48 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 238.95 Mn |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 267.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 261.00 Mn |
| Dec 31, 2025 | 171.00 Mn |
| Sep 30, 2025 | 351.00 Mn |
| Jun 30, 2025 | 302.00 Mn |
| Mar 31, 2025 | 316.00 Mn |
| Dec 31, 2024 | 219.00 Mn |
| Sep 30, 2024 | 342.00 Mn |
| Jun 30, 2024 | 393.00 Mn |
| Mar 31, 2024 | 314.00 Mn |
| Dec 31, 2023 | 283.00 Mn |
| Sep 30, 2023 | 267.00 Mn |
| Jun 30, 2023 | 259.00 Mn |
| Mar 31, 2023 | 265.00 Mn |
| Dec 31, 2022 | 277.00 Mn |
| Sep 30, 2022 | 254.00 Mn |
| Jun 30, 2022 | 240.00 Mn |
| Mar 31, 2022 | 238.00 Mn |
| Dec 31, 2021 | 253.00 Mn |
| Sep 30, 2021 | 220.00 Mn |
| Jun 30, 2021 | 204.00 Mn |