SLB N.V. (SLB) Revenue — Quarter Ended Dec 31, 2023
Revenue increased in the reporting quarter. The growth rate was higher than the immediately preceding quarter but lower than the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue increased in the reporting quarter. The growth rate was higher than the immediately preceding quarter but lower than the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9B
Revenue reported for this quarter.
Quarter-over-quarter
+8.2%
Change from the immediately preceding quarter.
Year-over-year
+14.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$33.1B
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 |
|---|---|---|
| Mar 31, 2023 | $7.7B | +29.8% |
| Jun 30, 2023 | $8.1B | +19.6% |
| Sep 30, 2023 | $8.3B | +11.1% |
| Dec 31, 2023 | $9B | +14.1% |
Revenue performance
The reported revenue rose compared to the prior quarter, continuing an upward trend. The year-over-year comparison also showed an increase, though the pace moderated from the prior year's same period.
Quarterly comparison
Revenue was higher than both the immediately preceding quarter and the same quarter one year earlier. The sequential growth was stronger than the prior quarter's sequential change, while the annual growth was less pronounced than the prior year's same quarter.
What to watch
The filing context includes a liquidity table but no specific revenue commentary; monitor future filings for operational drivers.