• SLB reported an EPS of $0.78, beating the Zacks Consensus Estimate but showing a year-over-year decrease.
• The company's revenue reached $9.75 billion, marking a significant increase from the previous year and exceeding estimates.
• Despite positive revenue, SLB experienced a decrease in income before taxes and announced an increase in its dividend, reflecting confidence in future performance.

SLB, listed on the NYSE as SLB, is a leading provider of technology and services to the energy industry. The company specializes in oilfield services and equipment, catering to the needs of the oil and gas sector. SLB competes with other major players like Halliburton and Baker Hughes in the oilfield services industry.

On January 23, 2026, SLB reported earnings per share (EPS) of $0.78, surpassing the Zacks Consensus Estimate of $0.74. Despite this achievement, the EPS represents a decline from the $0.92 reported in the same quarter the previous year. This indicates a year-over-year decrease in profitability, although the company still managed to exceed market expectations.

SLB's revenue for the quarter was approximately $9.75 billion, exceeding the estimated $9.55 billion. This revenue marks a 9% increase from the previous quarter and a 5% rise compared to the same period in 2024. The strong demand for oilfield equipment and services in North America played a significant role in driving these results, as highlighted by the company's successful operations in the region.

Despite the positive revenue figures, SLB faced challenges with its income before taxes on a GAAP basis, which decreased by 6% sequentially and 32% year-on-year, amounting to $943 million. The income before taxes margin also declined to 9.7% from 11.2% in the previous quarter and 14.9% in the same quarter of the previous year. However, SLB's net income attributable to the company on a GAAP basis rose to $824 million, up from $739 million in the previous quarter.

In addition to its financial performance, SLB announced an increase in its dividend and committed to returning more than $4 billion to shareholders in 2026. This move reflects the company's dedication to enhancing shareholder value and confidence in its future performance. With a price-to-earnings (P/E) ratio of approximately 19.90 and a debt-to-equity ratio of about 0.50, SLB maintains a moderate level of debt relative to equity, indicating a balanced financial position.