SLB N.V. (SLB) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth was moderate, while the year-over-year gain was more pronounced.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth was moderate, while the year-over-year gain was more pronounced.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$9.1B
Revenue reported for this quarter.
Quarter-over-quarter
+5.0%
Change from the immediately preceding quarter.
Year-over-year
+12.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$35.1B
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 |
|---|---|---|
| Sep 30, 2023 | $8.3B | +11.1% |
| Dec 31, 2023 | $9B | +14.1% |
| Mar 31, 2024 | $8.7B | +12.6% |
| Jun 30, 2024 | $9.1B | +12.8% |
Revenue performance
The reported revenue for the quarter ended June 30, 2024, rose from the immediately preceding quarter, continuing an upward trajectory observed over recent periods.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was higher, reflecting a stronger year-over-year performance. The sequential increase from the prior quarter was smaller in magnitude than the annual comparison.
What to watch
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