Top oilfield services firm SLB beats quarterly profit estimates
SLB•SLB reported third-quarter adjusted profit of 64 cents per share, beating the 62-cent estimate, on revenue of $9.45 billion. North America revenue rose 24% to $2.40 billion, while revenue from the Middle East and Asia fell to $2.81 billion from $3 billion a year earlier.
1. Quarterly results
SLB posted adjusted third-quarter profit of 64 cents per share, above analysts’ estimate of 62 cents. Total revenue was $9.45 billion for the quarter ended September 30.
2. Regional revenue
North America revenue rose 24% to $2.40 billion, driven by strength in US oil and gas drilling activity. Revenue from the Middle East and Asia declined to $2.81 billion from $3 billion a year earlier; the Middle East accounted for 34% of SLB’s total revenue in 2025.
