Production Systems was Slb’s largest segment in fiscal 2025, bringing in $13.33B of $35.71B (37%).
| Segment | FY 2009 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oilfield Services | — | — | — | — | ||||||||||||
| Drilling | — | — | — | — | ||||||||||||
| Production | — | — | — | — | ||||||||||||
| Well Construction | $11.40B | $13.48B | $13.36B | $11.86B | ||||||||||||
| Reservoir Characterization | — | — | — | — | ||||||||||||
| Production Systems | $7.86B | $9.83B | $11.94B | $13.33B | ||||||||||||
| Reservoir Performance | $5.55B | $6.56B | $7.18B | $6.82B | ||||||||||||
| Cameron | — | — | — | — | ||||||||||||
| Digital Integration | $3.73B | $2.03B | $2.44B | $2.66B | ||||||||||||
| All Other | — | $1.84B | $2.12B | $1.99B | ||||||||||||
| Geography Eliminations | — | — | — | — | ||||||||||||
| Geography Eliminations & Other Adjustments | — | — | — | — | ||||||||||||
| Eliminations & Other Adjustments | — | — | — | — | ||||||||||||
| Material Reconciling Items | — | — | — | — | ||||||||||||
| Eliminations & Other | -$446.00M | -$613.00M | -$736.00M | -$940.00M | ||||||||||||
| Eliminations Other | — | — | — | — | ||||||||||||
| Total | $28.09B | $33.14B | $36.29B | $35.71B |
Slb brought in $35.71B from its six segments in fiscal 2025, the year ended December 31, 2025. That was down 1.6% from $36.29B in fiscal 2024. Production Systems was the largest at $13.33B (37.3%), ahead of Well Construction at $11.86B (33.2%) and Reservoir Performance at $6.82B (19.1%). The other two segments brought in $4.65B combined.
Compared with fiscal 2024, Production Systems grew fastest, up 11.6% to $13.33B, while Well Construction fell the most, down 11.2% to $11.86B.
Slb began breaking out All Other in fiscal 2023, when it brought in $1.84B. The total is net of Eliminations & Other, which took $940.00M off revenue in fiscal 2025.
Middle East & Asia was Slb’s largest region in fiscal 2025, bringing in $12.22B of $35.71B (34%).
| Geography | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Middle East & Asia | $9.03B | $11.02B | $13.03B | $12.22B | |||||||||||
| North America | $6.00B | $6.73B | $6.68B | $7.52B | |||||||||||
| Europe/Cis/Africa | — | — | — | — | |||||||||||
| Europe & Africa | $7.20B | $8.52B | $9.67B | $9.57B | |||||||||||
| Latin America | $5.66B | $6.65B | $6.72B | $6.15B | |||||||||||
| Geography Eliminations & Other Adjustments | — | — | — | — | |||||||||||
| Eliminations & Other | — | — | — | — | |||||||||||
| Geography Eliminations | — | — | — | — | |||||||||||
| Other | $201.00M | $220.00M | $193.00M | $251.00M | |||||||||||
| Eliminations & Other Adjustments | — | — | — | — | |||||||||||
| Material Reconciling Items | — | — | — | — | |||||||||||
| Total | $28.09B | $33.14B | $36.29B | $35.71B |
Slb brought in $35.71B from its five regions in fiscal 2025, the year ended December 31, 2025. That was down 1.6% from $36.29B in fiscal 2024. Middle East & Asia was the largest at $12.22B (34.2%), ahead of Europe & Africa at $9.57B (26.8%) and North America at $7.52B (21.0%). The other two regions brought in $6.40B combined.
Compared with fiscal 2024, North America grew fastest, up 12.5% to $7.52B, while Latin America fell the most, down 8.4% to $6.15B. From fiscal 2022 to 2025, combined revenue from these regions grew from $28.09B to $35.71B, a compound annual growth rate of 8.3%. Middle East & Asia's share of the total rose from 32.2% to 34.2%.
Services was Slb’s largest product and service line in fiscal 2025, bringing in $21.20B of $35.71B (59%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Services | $19.55B | $22.44B | $23.30B | $21.20B | ||||||
| Product | $8.54B | $10.70B | $12.99B | $14.51B | ||||||
| Total | $28.09B | $33.14B | $36.29B | $35.71B |
Slb brought in $35.71B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 1.6% from $36.29B in fiscal 2024. Services was the largest at $21.20B (59.4%), ahead of Product at $14.51B (40.6%).
Compared with fiscal 2024, Product grew 11.7% to $14.51B, while Services fell 9.0% to $21.20B. From fiscal 2022 to 2025, combined revenue from these lines grew from $28.09B to $35.71B, a compound annual growth rate of 8.3%. Services' share of the total fell from 69.6% to 59.4%.
Slb (SLB) reports its revenue by segment, by geography and by product and service. In fiscal 2025, Production Systems was its largest segment, bringing in $13.33B (37.3% of the total), followed by Well Construction at $11.86B (33.2%).
Production Systems was Slb's largest segment in fiscal 2025, bringing in $13.33B, or 37.3% of the $35.71B total across its six segments.
Middle East & Asia was Slb's largest region in fiscal 2025, bringing in $12.22B, or 34.2% of the $35.71B total across its five regions.
Services was Slb's largest product and service line in fiscal 2025, bringing in $21.20B, or 59.4% of the $35.71B total across its two product and service lines.
Among Slb's segments that make up at least 2% of revenue, Production Systems grew fastest in fiscal 2025, up 11.6% from $11.94B to $13.33B.
Every figure comes from Slb's annual financial filings, as reported. Each line keeps the name Slb gives it, and years follow its fiscal calendar.
Slb's revenue by segment goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.