Slb (SLB) Research & Development (2009 - 2026)
Slb's Research & Development came in at $156 million for Q3 2026, down 8.2% from $170 million a year earlier and down 8.8% from the prior quarter.
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Analysis
Slb (SLB) Research & Development (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Slb reported Research & Development of $678 million, down 5.0% year-over-year; for FY2025, it was $709 million, down 5.3% from FY2024.
- Research & Development carries a five-year compound annual growth rate of 4.1% (FY2020 to FY2025).
- Going back by year, Research & Development was $749 million in FY2024 (+5.3%), $711 million in FY2023 (+12.1%), $634 million in FY2022 (+14.4%) and $554 million in FY2021 (-4.5%).
- The Q3 2026 figure represents the lowest quarterly Research & Development since Q2 2022.
- Year-over-year, Research & Development has declined for seven consecutive quarters, with an average decline of 4.6% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q1 2023 (growth of 23.4%), and the weakest in Q3 2025 (a decline of 9.1%).
- Business Quant data shows SLB's Research & Development at $171 million (Q2 2026), $164 million (Q1 2026) and $187 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.67 Bn | 71.28 Bn | 1.57 Bn | 156.00 Mn |
| 2 | Baker Hughes | 47.44 Bn | 9.59 Bn | 1.96 Bn | 150.00 Mn |
| 3 | Halliburton | 26.34 Bn | 18.29 Bn | 840.00 Mn | - |
| 4 | TechnipFMC | 25.18 Bn | 21.15 Bn | 728.70 Mn | 30.10 Mn |
| 5 | Noble | 6.56 Bn | 4.64 Bn | 228.22 Mn | - |
| 6 | Nov | 6.31 Bn | 1.25 Bn | 439.00 Mn | - |
| 7 | Weatherford International | 6.11 Bn | 1.89 Bn | 374.00 Mn | 23.00 Mn |
| 8 | Transocean | 5.79 Bn | 3.83 Bn | 348.00 Mn | - |
| 9 | Valaris | 5.48 Bn | 3.23 Bn | 176.30 Mn | - |
| 10 | Kodiak Gas Services | 4.28 Bn | 3.96 Bn | 259.04 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 156.00 Mn |
| Jun 30, 2026 | 171.00 Mn |
| 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 |
API Access
Slb Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=SLB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SLB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=SLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();