Slb SLB
NYSE SLB
$56.00 -1.05 (-1.84%)
As of: Sep 10, 2026 · 3:59 PM EDT

Slb (SLB) Operating Expenses (2009 - 2026)

Slb (SLB) posted Operating Expenses of $324.0 million for Q2 2026, up 7.28% on a QoQ basis from $302.0 million in Q1 2026, and down 19.4% year-over-year from $402.0 million in Q2 2025.

Analysis

Slb (SLB) Operating Expenses (2009 - 2026) Analysis & Trends

Slb has reported Operating Expenses for 18 years, with the latest figure at $324.0 million in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 19.4% year-over-year to $324.0 million in Q2 2026; TTM through Jun 2026 was $1.3 billion, a 11.04% decrease from a year earlier, with the FY2025 full-year figure at $1.5 billion, up 9.85% from the prior year.
  • Operating Expenses was $324.0 million for Q2 2026 at Slb, up from $302.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $426.0 million in Q1 2025, with the low at $238.0 million in Q1 2022.
  • Average Operating Expenses over 5 years is $312.8 million, with a median of $308.0 million recorded in 2024.
  • The sharpest annual moves came in 2024 and 2026: Operating Expenses jumped 51.74% in 2024, then decreased 29.11% in 2026.
  • Over 5 years, Operating Expenses stood at $277.0 million in 2022, then increased by 2.17% to $283.0 million in 2023, then grew by 17.67% to $333.0 million in 2024, then retreated by 2.1% to $326.0 million in 2025, then fell by 0.61% to $324.0 million in 2026.
  • The last three Operating Expenses figures came in at $324.0 million (Q2 2026), $302.0 million (Q1 2026), and $326.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Slb 83.41 Bn 79.34 Bn 4.63 Bn 324.00 Mn
2 Baker Hughes 58.89 Bn 43.16 Bn 1.58 Bn 723.00 Mn
3 Halliburton 30.18 Bn 28.14 Bn 2.10 Bn 4.94 Bn
4 Weatherford International 6.46 Bn 5.32 Bn 662.00 Mn 998.00 Mn
5 Kodiak Gas Services 5.97 Bn 5.83 Bn 246.76 Mn 266.88 Mn
6 Tidewater 4.57 Bn 3.96 Bn 161.54 Mn 279.76 Mn
7 USA Compression Partners 4.03 Bn 4.02 Bn 217.36 Mn 241.76 Mn
8 National Energy Services Reunited 3.41 Bn 3.23 Bn 81.29 Mn 12.02 Mn
9 Liberty Energy 3.40 Bn 2.84 Bn 208.34 Mn 1.18 Bn
10 Select Water Solutions 2.77 Bn 2.74 Bn 76.84 Mn 42.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 324.00 Mn
Mar 31, 2026 302.00 Mn
Dec 31, 2025 326.00 Mn
Sep 30, 2025 385.00 Mn
Jun 30, 2025 402.00 Mn
Mar 31, 2025 426.00 Mn
Dec 31, 2024 333.00 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