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| Date | Value |
|---|---|
| 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 |