SLB Limited reported a total revenue of $35.7 billion for the fiscal year ending December 31, 2025, marking a 2% decrease from the previous year’s revenue of $36.3 billion. The company generated a net income of $3.4 billion, down from $4.5 billion in 2024. The decline in revenue was attributed to lower upstream spending and reduced activity in key markets such as Saudi Arabia, Mexico, and offshore Sub-Saharan Africa. However, the acquisition of ChampionX Corporation, completed in July 2025, contributed approximately $1.5 billion to revenue, highlighting the strategic importance of this transaction in bolstering SLB's production and recovery capabilities.
In terms of operational performance, SLB's Digital Division saw a revenue increase of 9% year-on-year, reaching $2.7 billion, driven by strong demand for digital operations and platforms. The Data Center Solutions business experienced significant growth, with a 121% increase in revenue, reflecting the company's strategic focus on expanding its digital offerings. Despite these gains, the overall revenue decline was influenced by a 5% drop in international revenue, primarily due to reduced activity in the aforementioned regions. North American revenue, however, grew by 12%, largely due to the ChampionX acquisition.
The company also reported a significant increase in its employee headcount, reaching approximately 109,000 employees, reflecting its commitment to expanding its workforce to support growth initiatives. SLB's operational strategy continues to emphasize a "fit-for-basin" approach, tailoring technology and services to meet regional demands. The company operates through five geographical basins, which allows for targeted deployment of resources and technologies to enhance customer service and operational efficiency.
Looking ahead, SLB anticipates a recovery in rig activity, particularly in the Middle East, which is expected to drive demand for its services. The company is committed to returning over $4 billion to shareholders in 2026 through dividends and share repurchases, reinforcing its focus on shareholder value. Additionally, SLB aims to leverage its strengths in digital technology and production systems to navigate the evolving energy landscape, positioning itself for future growth amid ongoing market challenges.
About SCHLUMBERGER LIMITED/NV
Schlumberger Limited (SLB) is a global technology leader in the energy sector, providing innovative solutions across upstream oil and gas exploration, development, and production. Its core segments include digital integration, reservoir performance, well construction, and production systems. SLB supports customers worldwide with advanced technologies, digital platforms, and sustainable energy solutions, emphasizing decarbonization, efficiency, and energy transition, while maintaining a competitive edge through innovation and a diversified, global workforce.
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