SLB Beats Q3 Earnings and Revenue Estimates
Key Facts
SLB reported Non-GAAP EPS of $0.64 for the third quarter of 2026, beating analyst estimates by $0.03. Seeking Alpha reported that the company's revenue reached $9.45B during the period, surpassing expectations by $180M.
SLB closed at $49.55 on October 22, 2026, prior to the release of results that showed a 5.8% year-over-year increase in revenue. The stock experienced volatility during the October 22, 2026 session, reaching a high of $51.16 and a low of $48.70.
Latest Updates · 2
- Notable·
Update: Additional third-quarter data revealed that SLB's emerging data center business recorded a strong 76% year-over-year growth. This expansion into digital infrastructure reflects a diversification of the company's revenue streams beyond traditional energy services.
- Notable·
Update: SLB attributed its third-quarter 2026 revenue growth to a gradual recovery in its Middle East business. This regional improvement follows what the company described as a challenging start to the year for its operations in that market.