SLB (SLB) Earnings: Q3 2026 Results and Next Report Date

The quarter ended September 30, 2026 and SLB published the results on October 23, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. SLB reports EPS two ways: GAAP, under the accounting rules every US filer follows, and excluding charges & credits, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• SLB acquired ChampionX in July 2025, so Q3 2025 includes only two months of it. ChampionX contributed $956 million of revenue in Q3 2026 and $579 million in Q3 2025; excluding it, SLB's revenue rose 2%.
• GAAP results include a non-cash pension settlement charge of $187 million, which SLB's EPS excluding charges & credits leaves out.

Source: SLB Q3 2026 results, October 23, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How SLB splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• SLB's Digital revenue was $693 million in Q3 2026, up 5% from $658 million in Q3 2025, 7% of total revenue.
• SLB's Reservoir Performance revenue was $1.6 billion in Q3 2026, down 3% from $1.7 billion in Q3 2025, 17% of total revenue.
• SLB's Well Construction revenue was $2.9 billion in Q3 2026, down 3% from $3.0 billion in Q3 2025, 31% of total revenue.
• SLB's Production Systems revenue was $4.0 billion in Q3 2026, up 15% from $3.5 billion in Q3 2025, 42% of total revenue.
• SLB's All Other revenue was $544 million in Q3 2026, up 37% from $397 million in Q3 2025, 6% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

SLB's release gives no numeric revenue or earnings outlook. The one forward figure it gives is full-year capital investment; the rest of its outlook is the CEO's description of 2027.

In its Q3 2026 release, SLB said:

“Capital investment (consisting of capex, exploration data costs and APS investments) for the full-year 2026 is still expected to be approximately $2.5 billion.”

“we see a very compelling outlook for 2027, with further upside as Middle East activity recovers”

Source: SLB Q3 2026 release, Oct 23, 2026.

This is the company's own guidance as of Oct 23, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the SLB forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Revenue and GAAP diluted EPS, each as first reported in that quarter's release.

SLB's next report is expected around January 22, 2027, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q3 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 23, 2026

SLB reports four Core divisions plus Digital and an All Other category. Of $9,449 million in Q3 2026 revenue, Production Systems brought in $4,000 million, Well Construction $2,888 million, Reservoir Performance $1,634 million, Digital $693 million and All Other $544 million, less $310 million of eliminations. All Other holds Asset Performance Solutions, Data Center Solutions and SLB Capturi. (SLB Q3 2026 release, Oct 23, 2026; SLB Form 10-K, 2025, Jan 23, 2026)

SLB's international revenue was $6,993 million and North America $2,401 million, up 24%. By area, Middle East & Asia brought in $2,807 million, down 6%, as the Middle East fell 12% on conflict-related disruptions; the Middle East accounted for 67% of that area's revenue. Latin America rose 18% to $1,749 million on offshore activity in Brazil, Guyana and Mexico, and Europe & Africa was flat at $2,437 million. (SLB Q3 2026 release, Oct 23, 2026)

SLB's year-on-year growth came mostly from ChampionX, acquired in July 2025, which contributed $956 million of revenue in Q3 2026, $662 million of it in North America, against $579 million in two months of Q3 2025. Excluding the acquisition, SLB's revenue rose 2%, international revenue was flat and North America rose 13%. Production Systems revenue rose 15%, or 5% without ChampionX. (SLB Q3 2026 release, Oct 23, 2026)

SLB's Data Center Solutions revenue grew 76% year on year and 23% sequentially, and SLB has agreed to buy Kelvion, a thermal management and heat exchange company, for approximately $3.4 billion in cash plus approximately $0.7 billion of assumed debt, with closing expected in the first half of 2027. Digital annualized recurring revenue was $1.04 billion at September 30, 2026, up 13% from $926 million. (SLB Q3 2026 release, Oct 23, 2026)

SLB's GAAP diluted EPS was $0.49 in Q3 2026 and its EPS excluding charges & credits $0.64, against $0.50 and $0.69 a year earlier. The gap is a $187 million non-cash pension settlement charge ($0.12 a share), recorded when SLB's International Staff Pension Plan paid approximately $0.9 billion from plan assets to members who accepted an offer, and $55 million of merger and integration charges ($0.03). (SLB Q3 2026 release, Oct 23, 2026; SLB Form 10-Q, Q3 2026, Oct 28, 2026)

SLB's pretax segment operating margin fell to 16.7% from 18.2%, with Well Construction down 239 basis points to 16.4% and Reservoir Performance down 223 basis points to 16.3%, while Production Systems held at 16.1%. The GAAP effective tax rate was 23.5%, or 20.0% excluding charges and credits. (SLB Q3 2026 release, Oct 23, 2026)

SLB's diluted share count was 1,497 million, against 1,488 million a year earlier. SLB repurchased 12.9 million shares for $656 million in the quarter, and 34.0 million shares for $1.76 billion over the first nine months of 2026, and its board approved a quarterly dividend of $0.295 per share. (SLB Q3 2026 release, Oct 23, 2026; SLB Form 10-Q, Q3 2026, Oct 28, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

SLB does not give a numeric revenue or EPS outlook in its release. The only forward figure is full-year 2026 capital investment, still expected at approximately $2.5 billion, against $2.4 billion in 2025. (SLB Q3 2026 release, Oct 23, 2026)

SLB's CEO Olivier Le Peuch described the outlook in words: deepwater momentum across Latin America, Europe, Sub-Saharan Africa and Asia, activity increases in Venezuela, and a very compelling outlook for 2027 with further upside as Middle East activity recovers. (SLB Q3 2026 release, Oct 23, 2026)

A consensus figure is the average of the models published by the analysts who cover SLB, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones SLB's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning SLB is on is SLB a buy or a sell?, what analysts expect next is on the SLB forecast, and what the company does is on the SLB (SLB) stock page.

Every number on this page can be traced to a document SLB published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.