SLB N.V. (SLB) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth was supported by higher activity levels, while the year-over-year gain reflected continued demand for services and products.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth was supported by higher activity levels, while the year-over-year gain reflected continued demand for services and products.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$8.1B
Revenue reported for this quarter.
Quarter-over-quarter
+4.7%
Change from the immediately preceding quarter.
Year-over-year
+19.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$31.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $7.5B | +27.9% |
| Dec 31, 2022 | $7.9B | +26.6% |
| Mar 31, 2023 | $7.7B | +29.8% |
| Jun 30, 2023 | $8.1B | +19.6% |
Revenue performance
Revenue for the quarter ended June 30, 2023, rose compared to the immediately preceding quarter, indicating a positive sequential trend. The reported revenue also exceeded the level from the same quarter one year earlier.
Quarterly comparison
Compared to the prior quarter, revenue increased, continuing the upward trajectory observed in recent periods. On a year-over-year basis, revenue was higher than the same quarter in 2022, reflecting sustained growth.
What to watch
The filing context does not provide specific risk factors or management commentary for this quarter; monitor future filings for any operational or market updates.