Slb (SLB) Research & Development (2009 - 2026)
Slb's Research & Development came in at $171 million for Q2 2026, down 5.0% from $180 million a year earlier but up 4.3% from the prior quarter.
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Analysis
Slb (SLB) Research & Development (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Slb reported Research & Development of $692 million, down 5.3% 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 five-year range for quarterly Research & Development is $140 million (Q3 2021) to $192 million (Q4 2024).
- Year-over-year, Research & Development has declined for six consecutive quarters, with an average decline of 3.5% 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 $164 million (Q1 2026), $187 million (Q4 2025) and $170 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 171.00 Mn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 143.00 Mn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 25.70 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | - |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | - |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | - |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 20.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | - |
| 10 | Kodiak Gas Services | 5.35 Bn | 5.11 Bn | 246.76 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 140.00 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();