Schlumberger (SLB) Q3 2025 10-Q Quarterly Report

Filed: Oct 22, 2025Period ending Sep 30, 2025
Energy
Oil & Gas Field Services, NECSEC EDGAR

Schlumberger (SLB) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Oct 22, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

Schlumberger Q3 2025 10-Q Analysis

Management Discussion & Analysis

  • Q3 2025 revenue $8.93B, up 4% QoQ ($382M increase), including $579M from two months of ChampionX; adjusted revenue flat sequentially
  • Digital segment best performer: $658M revenue, +11% QoQ; pretax margin 28%, up 250 bps QoQ
  • Production Systems worst performer excluding acquisition: $3.5B revenue, +18% QoQ with ChampionX, core down 1%; pretax margin 16%, down 66 bps QoQ
  • Nine-month 2025 revenue $26.0B, down 4% YoY ($1.0B decrease); Digital revenue up 6% YoY with pretax margin 25%, +399 bps YoY
  • Free cash flow $1.83B for nine months 2025; $2.4B capital investments expected in full year; $5.9B shares repurchased under $10B program; $3.6B cash+short-term investments at Q3-end
  • Management expects Q4 revenue growth driven by international markets, Digital segment, and full ChampionX contribution amid geopolitical uncertainty and subdued commodity prices

Risk Factors

  • New acquisition-related risk removed post July 16, 2025 completion of ChampionX transaction
  • No other material risk factor changes from 2024 10-K risk disclosures
  • Continued exposure to operational risks from global oilfield services markets per prior 10-K
  • Persistent competitive pressures and technology innovation demands impacting near-term growth
  • Ongoing financial risk from debt maturity profile and foreign currency fluctuations per 2024 disclosures

Schlumberger Q3 2025 Quarterly Financials
XBRL

Revenue

$8.9B

-2.5% YoY +4.5% QoQ

Net Income

$739M

-37.7% YoY -27.1% QoQ

Net Margin

8.3%

-467bp YoY -359bp QoQ

Source: XBRL data from Schlumberger Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

Other Schlumberger Quarterly Reports

Get deeper insights on Schlumberger

Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.