10-Q quarterly report · filed Oct 22, 2025

Schlumberger (SLB) Q3 2025 10-Q Quarterly Report

Short answer

Schlumberger (SLB) filed its Q3 2025 10-Q quarterly report on Oct 22, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $8.9B (down 2.5% year over year) with net income of $739M.

Q3 2025 key financials · XBRL

Revenue
$8.9B
−2.5% YoY · +4.5% QoQ
Net income
$739M
−37.7% YoY · −27.1% QoQ
EPS (diluted)
$0.48
−42.2% YoY · −35.1% QoQ

Source: XBRL data from the Schlumberger (SLB) Q3 2025 10-Q on SEC EDGAR. USD.

Schlumberger Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

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

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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