Slb (SLB) Operating Expenses (2009 - 2026)
Slb (SLB) recorded quarterly Operating Expenses of $261.0 million in Q1 2026, down 48.01% quarter-over-quarter from $502.0 million in Q4 2025, and down 17.41% on a YoY basis from $316.0 million in Q1 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.
- In Q1 2026, Operating Expenses fell 17.41% year-over-year to $261.0 million; the TTM figure through Mar 2026 stood at $1.4 billion (up 20.51% YoY), while the FY2025 annual figure was $1.5 billion, up 19.81% from the prior year.
- Operating Expenses was $261.0 million for Q1 2026 at Slb, down from $502.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $502.0 million in Q4 2025 to a low of $219.0 million in Q4 2024.
- Historically, Operating Expenses has averaged $293.4 million across 5 years, with a median of $277.0 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses decreased 22.61% in 2024, then jumped 129.22% in 2025.
- A 5-year view of Operating Expenses shows it 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 surged by 129.22% to $502.0 million in 2025, then sank by 48.01% to $261.0 million in 2026.
- The last three Operating Expenses figures came in at $261.0 million (Q1 2026), $502.0 million (Q4 2025), and $351.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 261.00 Mn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 732.00 Mn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 4.72 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 2.14 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -76.01 Mn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 9.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 1.03 Bn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 45.83 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 238.95 Mn |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | 998.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 261.00 Mn |
| Dec 31, 2025 | 502.00 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 | 298.00 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 |