SLB stock: SLB reports USD 9.45 billion revenue. Analysts target SLB stock at USD 62.27

Published on 10/24/2026 at 05:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted EPS reached USD 0.64 against USD 0.62 consensus on October 23, 2026. SLB stock gets a USD 0.295 dividend payable January 7, 2027.

Results and shareholder returns

SLB reported USD 9.45 billion of third-quarter revenue on October 23, 2026.
Adjusted earnings per share reached USD 0.64 against USD 0.62 consensus for the third quarter of 2026.
SLB approved a USD 0.295 quarterly dividend payable on January 7, 2027.

SLB, AN8068571086, Illustration mit AI erstellt.

SLB (ISIN AN8068571086) reported USD 9.45 billion in third-quarter 2026 revenue and adjusted earnings per share of USD 0.64 against USD 0.62 consensus on October 23, 2026. According to MarketBeat, the result marked a quarterly earnings beat, while the company also approved a USD 0.295 dividend per share.

Revenue growth reaches USD 9.45 billion

The latest release shows revenue increased 5 percent sequentially and 6 percent year over year in the third quarter. Adjusted EBITDA rose 9 percent sequentially to USD 2.07 billion, while adjusted EBITDA margin reached 21.9 percent, up from 21.2 percent in the second quarter.

Cash flow from operations totaled USD 1.51 billion and free cash flow reached USD 828 million in the third quarter. GAAP net income attributable to SLB was USD 735 million, compared with USD 739 million in the year-earlier quarter, including a USD 187 million non-cash pension settlement charge, according to SLB.

What does the margin mean?

The sequential margin improvement is important because SLB reported growth across its core divisions. Production Systems revenue increased 6 percent sequentially to USD 4.00 billion, while the Middle East business grew 13 percent sequentially to USD 1.90 billion.

Three events define the chronology

On August 31, 2026, SLB signed the agreement to acquire Kelvion, a thermal-management provider for data center infrastructure. On September 1, 2026, SLB completed its acquisition of S&P Global Energy's geoscience and petroleum engineering software portfolio. On October 23, 2026, SLB reported third-quarter revenue of USD 9.45 billion, according to Business Wire.

Dividend dates set the next markers

SLB's next substantiated shareholder dates are December 2, 2026, the record date for the quarterly dividend, and January 7, 2027, the payment date. The board approved the USD 0.295 distribution on October 22, 2026, according to SLB.

SLB remains tied to international activity

SLB combines oilfield services with digital technology, production systems and newer data center infrastructure offerings. The third-quarter figures show the contrast clearly: revenue grew sequentially, but GAAP net income declined 6 percent from the second quarter to USD 735 million. The next investor read-through will center on international activity, margin expansion and the contribution from newer businesses.

The further course of trading is shown by the continuously updated real-time quote of SLB stock.