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
DateValue
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