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
DateValue
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