Schlumberger (SLB) Revenue & Revenue Breakdown
Schlumberger Revenue Highlights
Latest Revenue (Y)
$33.13B
Latest Revenue (Q)
$9.14B
Main Segment (Y)
Service
Main Geography (Y)
Middle East
Schlumberger Revenue by Period
Schlumberger Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $33.13B | 17.96% |
| 2022-12-31 | $28.09B | 22.51% |
| 2021-12-31 | $22.93B | -2.85% |
| 2020-12-31 | $23.60B | -28.30% |
| 2019-12-31 | $32.92B | 0.31% |
| 2018-12-31 | $32.81B | 7.80% |
| 2017-12-31 | $30.44B | 9.46% |
| 2016-12-31 | $27.81B | -21.61% |
| 2015-12-31 | $35.48B | -26.98% |
| 2014-12-31 | $48.58B | 7.32% |
| 2013-12-31 | $45.27B | 7.40% |
| 2012-12-31 | $42.15B | 6.60% |
| 2011-12-31 | $39.54B | 44.06% |
| 2010-12-31 | $27.45B | 19.46% |
| 2009-12-31 | $22.98B | -15.39% |
| 2008-12-31 | $27.15B | 16.65% |
| 2007-12-31 | $23.28B | 21.04% |
| 2006-12-31 | $19.23B | 34.39% |
| 2005-12-31 | $14.31B | 24.64% |
| 2004-12-31 | $11.48B | -18.34% |
| 2003-12-31 | $14.06B | 3.28% |
| 2002-12-31 | $13.61B | -2.68% |
| 2001-12-31 | $13.99B | 45.54% |
| 2000-12-31 | $9.61B | 14.49% |
| 1999-12-31 | $8.39B | -28.95% |
| 1998-12-31 | $11.82B | 10.97% |
| 1997-12-31 | $10.65B | 18.89% |
| 1996-12-31 | $8.96B | 17.51% |
| 1995-12-31 | $7.62B | 13.81% |
| 1994-12-31 | $6.70B | -0.13% |
| 1993-12-31 | $6.71B | - |
Schlumberger generated $33.13B in revenue during NA 2023, up 17.96% compared to the previous quarter, and up 100.98% compared to the same period a year ago.
Schlumberger Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $9.14B | 4.93% |
| 2024-03-31 | $8.71B | -3.11% |
| 2023-12-31 | $8.99B | 8.18% |
| 2023-09-30 | $8.31B | 2.61% |
| 2023-06-30 | $8.10B | 4.69% |
| 2023-03-31 | $7.74B | -1.81% |
| 2022-12-31 | $7.88B | 5.38% |
| 2022-09-30 | $7.48B | 10.39% |
| 2022-06-30 | $6.77B | 13.60% |
| 2022-03-31 | $5.96B | -4.22% |
| 2021-12-31 | $6.22B | 6.46% |
| 2021-09-30 | $5.85B | 3.78% |
| 2021-06-30 | $5.63B | 7.87% |
| 2021-03-31 | $5.22B | -5.59% |
| 2020-12-31 | $5.53B | 5.21% |
| 2020-09-30 | $5.26B | -1.83% |
| 2020-06-30 | $5.36B | -28.16% |
| 2020-03-31 | $7.46B | -9.39% |
| 2019-12-31 | $8.23B | -3.66% |
| 2019-09-30 | $8.54B | 3.29% |
| 2019-06-30 | $8.27B | 4.95% |
| 2019-03-31 | $7.88B | -3.68% |
| 2018-12-31 | $8.18B | -3.81% |
| 2018-09-30 | $8.50B | 2.42% |
| 2018-06-30 | $8.30B | 6.05% |
| 2018-03-31 | $7.83B | -4.28% |
| 2017-12-31 | $8.18B | 3.47% |
| 2017-09-30 | $7.91B | 5.94% |
| 2017-06-30 | $7.46B | 8.24% |
| 2017-03-31 | $6.89B | -3.00% |
| 2016-12-31 | $7.11B | 1.25% |
| 2016-09-30 | $7.02B | -2.02% |
| 2016-06-30 | $7.16B | 9.88% |
| 2016-03-31 | $6.52B | -15.81% |
| 2015-12-31 | $7.74B | -8.59% |
| 2015-09-30 | $8.47B | -5.97% |
| 2015-06-30 | $9.01B | -12.08% |
| 2015-03-31 | $10.25B | -18.93% |
| 2014-12-31 | $12.64B | -0.04% |
| 2014-09-30 | $12.65B | 4.91% |
| 2014-06-30 | $12.05B | 7.25% |
| 2014-03-31 | $11.24B | -5.60% |
| 2013-12-31 | $11.91B | 2.57% |
| 2013-09-30 | $11.61B | 3.81% |
| 2013-06-30 | $11.18B | 4.82% |
| 2013-03-31 | $10.67B | -4.54% |
| 2012-12-31 | $11.18B | 5.35% |
| 2012-09-30 | $10.61B | 1.53% |
| 2012-06-30 | $10.45B | -1.54% |
| 2012-03-31 | $10.61B | -3.31% |
| 2011-12-31 | $10.97B | 7.28% |
| 2011-09-30 | $10.23B | 6.32% |
| 2011-06-30 | $9.62B | 10.29% |
| 2011-03-31 | $8.72B | -3.80% |
| 2010-12-31 | $9.07B | 32.48% |
| 2010-09-30 | $6.84B | 15.29% |
| 2010-06-30 | $5.94B | 6.06% |
| 2010-03-31 | $5.60B | -2.59% |
| 2009-12-31 | $5.75B | 5.84% |
| 2009-09-30 | $5.43B | -1.77% |
| 2009-06-30 | $5.53B | -7.87% |
| 2009-03-31 | $6.00B | -12.51% |
| 2008-12-31 | $6.86B | -5.52% |
| 2008-09-30 | $7.26B | 7.60% |
| 2008-06-30 | $6.75B | 7.25% |
| 2008-03-31 | $6.29B | - |
Schlumberger generated $9.14B in revenue during Q2 2024, up 4.93% compared to the previous quarter, and up 118.14% compared to the same period a year ago.
Schlumberger Revenue Breakdown
Schlumberger Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Product | $10.70B | $8.54B | $7.33B | $7.07B | $8.56B |
| Service | $22.44B | $19.55B | $15.60B | $16.53B | $24.36B |
Schlumberger's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service (67.72%), and Product (32.28%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Digital Integration | $1.05B | $953.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Well Construction | $3.41B | $3.37B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Reservoir Characterization | $1.82B | $1.73B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Production Systems | $3.02B | $2.82B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Service | - | $5.68B | $5.82B | $5.72B | $5.56B | $5.33B | $5.44B | $5.15B | $4.73B | $4.22B | $4.31B | $4.02B | $3.79B | $3.48B | $3.72B | $3.67B | $3.72B | $5.43B | $5.97B | $6.33B |
| Product | - | $3.03B | $3.17B | $2.59B | $2.54B | $2.40B | $2.44B | $2.32B | $2.04B | $1.74B | $1.91B | $1.83B | $1.84B | $1.74B | $1.81B | $1.59B | $1.64B | $2.03B | $2.26B | $2.21B |
Schlumberger's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Well Construction (36.66%), Production Systems (32.51%), Reservoir Characterization (19.55%), and Digital Integration (11.28%).
Schlumberger Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| North America | $6.73B | - | - | - | - |
| Europe & Africa | $8.52B | - | - | - | - |
| Latin America | $6.64B | $5.66B | $4.46B | $3.47B | $4.15B |
| Middle East | $11.02B | $9.03B | $8.06B | $8.57B | $10.02B |
| Europe C I S Africa | - | $7.20B | $5.78B | $5.96B | $7.68B |
Schlumberger's latest annual revenue breakdown by geography, as of Dec 23: Middle East (33.48%), Europe & Africa (25.90%), North America (20.44%), and Latin America (20.19%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Middle East | $3.27B | $3.08B | $3.14B | $2.84B | $2.64B | $2.39B | $2.51B | $2.33B | $2.17B | $2.02B | $2.11B | $2.03B | $2.00B | $1.92B | $2.01B | $1.99B | $2.15B | $2.42B | $2.67B | $2.55B |
| Europe C I S Africa | $2.44B | $2.32B | $2.43B | $2.07B | $2.04B | $1.69B | $1.40B | $1.59B | $1.48B | $1.45B | $1.26B | $1.37B | $1.40B | $1.45B | $1.75B | $2.02B | $2.06B | - | - | - |
| Latin America | $1.74B | $1.65B | $1.72B | $1.68B | $1.62B | $1.62B | $1.62B | $1.51B | $1.33B | $1.20B | $1.20B | $1.16B | $1.06B | $1.04B | $1.28B | $707.00M | $543.00M | $945.00M | $1.03B | $1.01B |
| North America | $1.64B | $1.60B | $1.64B | $1.64B | $858.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Countries | $43.00M | $53.00M | $53.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Europe & Africa | - | - | $2.43B | $2.09B | $2.03B | $1.97B | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Non Us | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.65B | - | - | - | - | - |
Schlumberger's latest quarterly revenue breakdown by geography, as of Jun 24: Middle East (35.76%), Europe C I S Africa (26.72%), Latin America (19.06%), North America (17.99%), and Other Countries (0.47%).
Schlumberger Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| SLB | Schlumberger | $33.13B | $9.14B |
| BKR | Baker Hughes Company | $25.51B | $7.14B |
| HAL | Halliburton Company | $23.02B | $5.83B |
| TS | Tenaris | $14.87B | $3.44B |
| NOV | NOV | $8.58B | $2.22B |
| FTI | TechnipFMC | $7.82B | $2.33B |
| WFRD | Weatherford | $5.13B | $1.41B |
| CHX | ChampionX | $3.76B | $893.27M |
| NEX | NexTier Oilfield Solutions | $3.24B | $945.09M |
| OII | Oceaneering | $2.42B | $668.81M |
| DNOW | NOW | $2.32B | $563.00M |
| VAL | Valaris | $1.78B | $610.10M |
| XPRO | Expro Group | $1.51B | $469.64M |
| WHD | Cactus | $1.10B | $290.39M |
| TDW | Tidewater | $1.01B | $339.23M |
SLB Revenue FAQ
What is Schlumberger’s yearly revenue?
Schlumberger's yearly revenue for 2023 was $33.14B, representing an increase of 17.96% compared to 2022. The company's yearly revenue for 2022 was $28.09B, representing an increase of 22.51% compared to 2021. SLB's yearly revenue for 2021 was $22.93B, representing a decrease of -2.85% compared to 2020.
What is Schlumberger’s quarterly revenue?
Schlumberger's quarterly revenue for Q2 2024 was $9.14B, a 4.93% increase from the previous quarter (Q1 2024), and a 12.84% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $8.71B, a -3.11% decrease from the previous quarter (Q4 2023), and a 12.59% increase year-over-year (Q1 2023). SLB's quarterly revenue for Q4 2023 was $8.99B, a 8.18% increase from the previous quarter (Q3 2023), and a 14.10% increase year-over-year (Q4 2022).
What is Schlumberger’s revenue growth rate?
Schlumberger's revenue growth rate for the last 3 years (2021-2023) was 44.51%, and for the last 5 years (2019-2023) was 0.66%.
What are Schlumberger’s revenue streams?
Schlumberger's revenue streams in c 23 are Product, and Service. Product generated $10.7B in revenue, accounting 32.28% of the company's total revenue, up 25.26% year-over-year. Service generated $22.44B in revenue, accounting 67.72% of the company's total revenue, up 14.77% year-over-year.
What is Schlumberger’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Schlumberger was Service. This segment made a revenue of $22.44B, representing 67.72% of the company's total revenue.