Schlumberger (SLB) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Schlumberger Revenue Highlights

Latest Revenue (Y)

$33.13B

Latest Revenue (Q)

$9.16B

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
2024-09-30	$9.16B	0.13%
2024-06-30	$9.15B	5.02%
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 $9.16B in revenue during Q3 2024, up 0.13% compared to the previous quarter, and up 113.09% 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	Sep 24	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
Well Construction	$3.31B	$3.41B	$3.37B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Digital Integration	$1.09B	$1.05B	$953.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Production Systems	$3.10B	$3.02B	$2.82B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reservoir Characterization	$1.82B	$1.82B	$1.73B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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
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

Schlumberger's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Well Construction (35.51%), Production Systems (33.27%), Reservoir Characterization (19.55%), and Digital Integration (11.67%).

Schlumberger Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Middle East	$11.02B	$9.03B	$8.06B	$8.57B	$10.02B
North America	$6.73B	-	-	-	-
Europe & Africa	$8.52B	-	-	-	-
Latin America	$6.64B	$5.66B	$4.46B	$3.47B	$4.15B
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	Sep 24	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
Latin America	$1.69B	$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
Middle East	$3.30B	$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
North America	$1.69B	$1.64B	$1.60B	$1.64B	$1.64B	$858.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Countries	$47.00M	$43.00M	$53.00M	$53.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Europe C I S Africa	$2.43B	$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	-	-	-
Europe & Africa	-	-	-	$2.43B	$2.09B	$2.03B	$1.97B	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Us	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$4.65B	-	-	-	-

Schlumberger's latest quarterly revenue breakdown by geography, as of Sep 24: Middle East (36.05%), Europe C I S Africa (26.57%), Latin America (18.44%), North America (18.42%), and Other Countries (0.51%).

Schlumberger Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
SLB	Schlumberger	$33.13B	$9.16B
BKR	Baker Hughes Company	$25.51B	$6.91B
HAL	Halliburton Company	$23.02B	$5.83B
TS	Tenaris	$14.87B	$3.44B
NOV	NOV	$8.58B	$2.19B
FTI	TechnipFMC	$7.82B	$2.35B
WFRD	Weatherford	$5.13B	$1.41B
CHX	ChampionX	$3.76B	$906.53M
NEX	NexTier Oilfield Solutions	$3.24B	$945.09M
OII	Oceaneering	$2.42B	$679.81M
DNOW	NOW	$2.32B	$633.00M
VAL	Valaris	$1.78B	$643.10M
XPRO	Expro Group	$1.51B	$422.83M
WHD	Cactus	$1.10B	$293.18M
TDW	Tidewater	$1.01B	$340.36M

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 Q3 2024 was $9.16B, a 0.13% increase from the previous quarter (Q2 2024), and a 10.22% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $9.15B, a 5.02% increase from the previous quarter (Q1 2024), and a 12.94% increase year-over-year (Q2 2023). SLB'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).

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.