SLB N.V. (SLB) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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SLB Revenue Growth
Revenue Breakdown (FY 2025)
SLB's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
SLB Revenue Analysis (2014–2025)
As of May 8, 2026, SLB N.V. (SLB) generated trailing twelve-month (TTM) revenue of $35.71 billion, reflecting modest growth of +5.0% year-over-year. The most recent quarter (Q4 2025) recorded $9.74 billion in revenue, up 9.2% sequentially.
Looking at the longer-term picture, SLB's 5-year compound annual growth rate (CAGR) stands at +8.6%, indicating steady revenue expansion. The company achieved its highest annual revenue of $48.58 billion in 2014.
Revenue diversification analysis shows SLB's business is primarily driven by Production Systems (38%), Well Construction (34%), and Reservoir Characterization (20%).
When compared to Energy sector peers including HAL (-1.7% YoY), BKR (+0.2% YoY), and WHD (+4.5% YoY), SLB has underperformed the peer group in terms of revenue growth. Compare SLB vs HAL →
SLB Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SLBCurrent | $35.7B | +5.0% | +8.6% | 15.3% | |
 HAL | $22.2B | -1.7% | +9.0% | 10.2% | |
 BKR | $27.7B | +0.2% | +6.0% | 12.8% | |
 WHD | $1.1B | +4.5% | +25.4% | 23.2% | |
 LBRT | $4.0B | -4.0% | +32.9% | 2.0% | |
 FTI | $9.9B | +9.5% | +8.7% | 9.6% |
SLB Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $35.71B | -1.6% | $6.50B | 18.2% | $5.46B | 15.3% |
| 2024 | $36.29B | +9.5% | $7.46B | 20.6% | $6.33B | 17.4% |
| 2023 | $33.13B | +18.0% | $6.56B | 19.8% | $5.50B | 16.6% |
| 2022 | $28.09B | +22.5% | $5.16B | 18.4% | $4.15B | 14.8% |
| 2021 | $22.93B | -2.8% | $3.66B | 16.0% | $2.77B | 12.1% |
| 2020 | $23.60B | -28.3% | $2.60B | 11.0% | $1.66B | 7.0% |
| 2019 | $32.92B | +0.3% | $4.20B | 12.8% | $-497,000,000 | -1.5% |
| 2018 | $32.81B | +7.8% | $4.34B | 13.2% | $3.19B | 9.7% |
| 2017 | $30.44B | +9.5% | $3.90B | 12.8% | $2.68B | 8.8% |
| 2016 | $27.81B | -21.6% | $3.70B | 13.3% | $2.29B | 8.2% |
Full SLB Stock Analysis
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Start ComparisonSLB — Frequently Asked Questions
Quick answers to the most common questions about buying SLB stock.
Is SLB's revenue growth accelerating or slowing?
SLB revenue growth slowed to +5.0%, below the 5-year CAGR of +8.6%. TTM revenue is $35.7B. The deceleration marks a shift from historical growth rates.
What is SLB's long-term revenue growth rate?
SLB N.V.'s 5-year revenue CAGR of +8.6% reflects the variable expansion pattern. Current YoY growth of +5.0% is near this long-term average.
How is SLB's revenue distributed by segment?
SLB reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.