Slb (SLB) Research & Development (2009 - 2026)

Slb (SLB) recorded quarterly Research & Development of $164.0 million in Q1 2026, down 12.3% quarter-over-quarter from $187.0 million in Q4 2025, and down 4.65% on a YoY basis from $172.0 million in Q1 2025.

Slb (SLB) Research & Development (2009 - 2026) Analysis & Trends

Slb's Research & Development history runs 18 years deep, the most recent figure standing at $164.0 million for Q1 2026.

  • In Q1 2026, Research & Development fell 4.65% year-over-year to $164.0 million; the TTM figure through Mar 2026 stood at $701.0 million (down 5.14% YoY), while the FY2025 annual figure was $709.0 million, down 5.34% from the prior year.
  • Research & Development was $164.0 million for Q1 2026 at Slb, down from $187.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $192.0 million in Q4 2024 to a low of $141.0 million in Q1 2022.
  • Historically, Research & Development has averaged $174.4 million across 5 years, with a median of $178.0 million in 2022.
  • The sharpest annual moves came in 2023 and 2025: Research & Development rose 23.4% in 2023, then declined 9.09% in 2025.
  • A 5-year view of Research & Development shows it stood at $178.0 million in 2022, then increased by 5.06% to $187.0 million in 2023, then gained by 2.67% to $192.0 million in 2024, then declined by 2.6% to $187.0 million in 2025, then slipped by 12.3% to $164.0 million in 2026.
  • The last three Research & Development figures came in at $164.0 million (Q1 2026), $187.0 million (Q4 2025), and $170.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 164.00 Mn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 133.00 Mn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn -
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 17.80 Mn
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn -
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 21.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn -
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn -
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 164.00 Mn
Dec 31, 2025 187.00 Mn
Sep 30, 2025 170.00 Mn
Jun 30, 2025 180.00 Mn
Mar 31, 2025 172.00 Mn
Dec 31, 2024 192.00 Mn
Sep 30, 2024 187.00 Mn
Jun 30, 2024 188.00 Mn
Mar 31, 2024 182.00 Mn
Dec 31, 2023 187.00 Mn
Sep 30, 2023 186.00 Mn
Jun 30, 2023 163.00 Mn
Mar 31, 2023 174.00 Mn
Dec 31, 2022 178.00 Mn
Sep 30, 2022 160.00 Mn
Jun 30, 2022 154.00 Mn
Mar 31, 2022 141.00 Mn
Dec 31, 2021 145.00 Mn
Sep 30, 2021 140.00 Mn
Jun 30, 2021 134.00 Mn